Renewable Energy
Oil and gas powerhouse Norway to invest in Indian solar project, sees country as priority market
India is targeting a major ramp up of its renewable energy capacity, but achieving its aims represents a big challenge. Puneet Vikram Singh | Moment | Getty Images Norway’s Climate Investment Fund and the country’s biggest pension company, KLP, are set to invest in a 420-megawatt solar power project being developed in Rajasthan, India. The […]
Read More
Japan just signaled a huge shift in its put up-Fukushima future
Japanese Prime Minister Fumio Kishida photographed in the course of a news meeting on Wednesday, Aug. 10, 2022. Rodrigo Reyes-Marin | Bloomberg | Getty Images The primary minister of Japan mentioned Wednesday that his country would restart a lot more idled nuclear ability crops and appear into the feasibility of building next-gen reactors. Fumio Kishida’s […]
Read More
EV maker Polestar to present batteries for ‘flying’ electric powered boats
A Candela boat photographed in Sweden in August 2021. Candela utilizes hydrofoils, which elevate a vessel’s hull over the water’s area when travelling. Mikael Sjoberg | Bloomberg | Getty Images Luxurious EV maker Polestar will provide battery and charging systems to electric boat business Candela immediately after the two Swedish firms signed a multi-12 months […]
Read More
BlackRock makes $700 million investment in Australian battery storage
Wind turbines in Australia. Earlier this year, a report from Australia’s Clean Energy Council said renewables were responsible for 32.5% of the country’s electricity generation in 2021. Josh Hawley | Moment | Getty Images A fund under the management of BlackRock Real Assets is set to acquire Akaysha Energy, an Australian firm that develops battery […]
Read More
SoftBank-backed Ola Electric wants to launch a made-in-India EV in 2024
Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV-arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | Getty Images The CEO of Ola Electric said Monday his firm would launch an all-electric vehicle that can go from 0 to 100 […]
Read More
German energy giant RWE to burn extra coal as Russian gas supplies dwindle
An excavator photographed at a lignite mine operated by RWE on April 8, 2022. RWE says it wants to be carbon neutral by 2040. Alex Kraus | Bloomberg | Getty Images The chief financial officer of German energy firm RWE told CNBC Thursday that it will burn more coal in the short term — but […]
Read More
Japanese shipping giant to take part in tidal power project planned for Singapore
Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power project planned for Singapore, as the emerging marine energy sector gains traction. The demonstration project, run by Singapore-owned Bluenergy […]
Read More
Goldman Sachs doesn’t see nuclear as a transformational technology for the future
A nuclear power plant photographed in Germany, on August 4, 2022. Discussions about nuclear’s role in Europe’s biggest economy have been thrown into sharp relief following Russia’s unprovoked invasion of Ukraine in February. Lennart Preiss | Getty Images News | Getty Images Nuclear has a role to play in the years ahead but it should […]
Read More
Climate change isn’t party political and people are realizing it’s not a ‘left-wing plot,’ charity founder says
People photographed in Lower Saxony, Germany, on July 19, 2022. A number of European countries were affected by a heatwave last month. Julian Stratenschulte | Picture Alliance | Getty Images It’s been called a “global emergency that goes beyond national borders” and described as “the biggest threat to security that modern humans have ever faced.” […]
Read More
Climate groups react to Manchin’s surprise turnaround on reconciliation bill
U.S. Senator Joe Manchin (D-WV) returns to a basement office meeting with other senators that included Kyrsten Sinema (D-AZ), Jon Tester (D-MT), Tim Kaine (D-VA) and Angus King (I-ME), (not pictured) at the U.S. Capitol in Washington, December 15, 2021. Elizabeth Frantz | Reuters Environmental groups reacted with surprise after U.S. Senate Democrats struck a deal […]
Read More