Energy Impact Partners LP (EIP), a venture capital business supported by Microsoft and Duke Energy, has secured $200 million to invest in clean energy and sustainable manufacturing technologies. The Deep Decarbonization Frontier Fund will invest in high-risk companies aimed at providing green energy or low-carbon industrial processes. According to Bloomberg, it will be sponsored by …
Saudi energy company ACWA Power officially began the construction of the Khizi-Absheron wind farm with a capacity of 240 MW near the Azerbaijani capital Baku, the press service of the Azerbaijani president informed. ACWA Power invested $300 million for these purposes, which is the organization’s most significant investment abroad. Azerbaijani President Ilham Aliyev and Saudi …
Saudi company starts building wind farm in Azerbaijan Read More »
The German authorities have decided to close half of the nuclear power plants (NPPs) in the country, Associated Press reported. On December 31, three of the six remaining nuclear power plants stopped working. The remaining three are planned to close before the end of next year, after which the German energy sector will completely switch …
The internet, like the aviation sector, contributes for more than 2% of global greenhouse gas emissions, emphasizing the need for the media business to take action. As a result, every ad transmitted across the internet infrastructure to reach its target audience adds to these emissions. It’s no surprise that several media businesses are developing their …
Green energy is not enough to make digital advertising climate-friendly Read More »
Advances in power production and transportation will be key in the race to achieve net zero emissions by 2050. And at the heart of the new energy-transport nexus lies a technology that is capturing the interest of governments, corporations, and investors: the battery, Financial Times writes. Projections from the International Energy Agency show the magnitude …
Investors restart battery financing to close the renewable energy funding gap Read More »
A European group is working on a revolutionary method that would convert carbon dioxide and green hydrogen into clean energy products such as methane gas and methanol liquid fuel using sunlight and LEDs. The consortium, dubbed ‘SPOTLIGHT,’ is developing a chemical method as well as a photonics device to convert carbon dioxide and green hydrogen …
Photonics21: New method to turn CO2 into clean energy Read More »
A two-year-old plan to run 51 hydrogen buses in Montpellier and its neighboring regions was discontinued owing to cost overruns when elected officials discovered that electric buses would be six times cheaper to operate. Montpellier Horizon Hydrogen, a €29 million ($33 million) project that involves the construction of a small solar-powered green-hydrogen plant, was announced …
A way to solve the climate crisis became clear as the world saw more extreme heat waves, droughts, wildfires, and storms. Switch the electric grid to carbon-free wind and solar and convert most fossil fuel users in transportation, buildings, and industry to electricity. The U.S. is going that way, says Renewablenergyworld.com. There was a record …
Electric grid needs to be redesigned in order to solve climate change crisis Read More »
As the competition for abundant clean energy sources to counteract climate change intensifies, hydrogen is emerging as a viable source of renewable energy. Green hydrogen emits no carbon, but its generation remains difficult and pricey, according to Sustainability-times.com. Scientists all over the world are working on more efficient and cost-effective methods of producing zero-carbon hydrogen, …
Scientists came up with a cheaper way to make green hydrogen Read More »
China’s enormous automobile industry is on course to reach a peak in climate-warming carbon dioxide emissions by 2027, but on present trends, the country’s 2060 “net zero” objective is unlikely to be met, according to environmental organization Greenpeace. Greenpeace projected in a study analysis that the sector’s overall carbon emissions would likely level at 1.75 …
Carmakers in China are not meeting their “net zero” goals, Greenpeace says Read More »
