Solar power

EU approves up to .2 billion in general public funding for hydrogen jobs
World

EU approves up to $5.2 billion in general public funding for hydrogen jobs

Portion of a hydrogen-powered educate photographed in Germany on Aug. 24, 2022. European Commission President Ursula von der Leyen expressed guidance for hydrogen all through her Point out of the Union handle on Sept. 14 Carmen Jaspersen | AFP | Getty Photos The European Fee on Wednesday accepted up to 5.2 billion euros (approximately $5.2 […]

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Siemens commissions 1 of the greatest inexperienced hydrogen output plants in Germany
World

Siemens commissions 1 of the greatest inexperienced hydrogen output plants in Germany

A Siemens symbol in Germany. The industrial large states that a recently commissioned green hydrogen plant in the country will use wind and solar energy from the Wunsiedel Vitality Park. Daniel Karmann | Image Alliance | Getty Photos A eco-friendly hydrogen technology plant explained as just one of the greatest in Germany is open up, […]

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‘Deeply worrying’: Liz Truss’ pick for Britain’s energy chief slammed by weather campaigners
World

‘Deeply worrying’: Liz Truss’ pick for Britain’s energy chief slammed by weather campaigners

Jacob Rees-Mogg photographed in London on Sept. 7, 2022. The lawmaker a short while ago called for far more fossil fuel extraction from the North Sea. Carl Court docket | Getty Pictures Information | Getty Photos LONDON — The U.K.’s new secretary of point out for small business, electricity and industrial method is a lawmaker […]

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As Elon Musk backs fossil fuels, one strategist sends a warning over EV sales
Business

As Elon Musk backs fossil fuels, one strategist sends a warning over EV sales

The uptake of electric vehicles has increased in recent years, as countries around the world attempt to reduce the environmental effects of transportation. Simonskafar | E+ | Getty Images Recent comments from Elon Musk about the need for more oil and gas reflect a broader concern that the uptake of electric vehicles will be hampered […]

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Oil and gas powerhouse Norway to invest in Indian solar project, sees country as priority market
Business

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 […]

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SolarEdge is willing to sacrifice margins today to capture huge demand growth in Europe, CFO says
Technology

SolarEdge is willing to sacrifice margins today to capture huge demand growth in Europe, CFO says

SolarEdge shares tumbled this week after the company’s second-quarter results showed a hit to margins from factory closures, higher transport costs and currency headwinds from the weakening Euro. But SolarEdge CFO Ronen Faier said lower margins now is the price to be paid for long-term growth in a market where demand is skyrocketing.  “We have […]

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Goldman Sachs doesn’t see nuclear as a transformational technology for the future
Business

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 […]

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Surging temperatures are good for solar panels, right? The answer is: It’s complicated
Technology

Surging temperatures are good for solar panels, right? The answer is: It’s complicated

This image, from May 2022, shows solar panels in Worcestershire, England. The recent hot weather in the U.K. has led to a discussion about the optimum conditions for solar power. Mike Kemp | In Pictures | Getty Images Last week saw temperatures in the U.K. surge, with highs of over 40 degrees Celsius (104 degrees […]

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A pilot project in the North Sea will develop floating solar panels that glide over waves ‘like a carpet’
Technology

A pilot project in the North Sea will develop floating solar panels that glide over waves ‘like a carpet’

Floating solar panels in the Netherlands. A number of major energy firms are looking into the potential of combining floating solar with other energy sources. Mischa Keijser | Image Source | Getty Images German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North […]

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The race to make green hydrogen competitive is on. And Europe is building industrial-scale electrolyzers to help
Business

The race to make green hydrogen competitive is on. And Europe is building industrial-scale electrolyzers to help

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Kraus | Bloomberg | Getty Images Siemens Energy and Air Liquide have announced plans to set up a joint […]

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