Finance & Investment

Green transition: You say crypto-mining becomes pricey?

Expensive gas means not enough cost-effective electricity. As there is not enough cost-effective electricity, crypto-mining becomes pricey. Crypto-miners use powerful computers to solve complex mathematical puzzles to mine new tokens. It is equal to spending a lot of electricity. The math is – more expenses, less gain. Cryptocurrency miners do not use much sustainable energy, …

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Israel invests in renewable energy sources

Israel announces investment cycle in renewables: a new “green” story in the Middle East

Renewable energy sources are not only a good solution for the environment, but they are also a cheap solution to increasingly expensive fossil fuels and electricity derived from coal and fuel oil. At the same time, renewable energy sources are also the basis for building new relations based on cooperation and common prosperity, even where …

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Nord Stream infrastructure

Coincidence or sabotage: Mystery gas leakages from Nord Streams

European countries suspect sabotage as mystery gas leakages struck Russian pipelines of Nord Streams. This ‘unprecedented’ damage to the gas pipelines, as the operator said, happens while Europe is in the midst of a struggle to find alternative supplies to Russian gas. Thus officials, like Polish Prime Minister Mateusz Morawiecki, say – this is sabotage. …

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Renewable Energy Expansion Will Contribute to 70% of China's Power

Investments in renewables in the EU will continue despite the general uncertainty

Energy is one of the most important economic areas that is strongly influenced by politics. The energy crisis is the biggest proof of that. Although politics traces and determines the development of energy and investments in renewables, new projects, investors, as in any other area, are looking for certain stability and rules of the game …

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Yvon Chouinard is giving his company to nonprofit funds to fight climate change

Climate change fight in action: Chouinard gives his company to nonprofit funds 

Yvon Chouinard gave all the stock in his outdoor fashion company Patagonia to a trust and a nonprofit organization yesterday aiming to continue his climate change fight.  Chouinard announced the ownership transfer in an open letter on Patagonia’s website. He transferred the ownership to the Patagonia Purpose Trust and the Holdfast Collective, an organization dedicated to fighting environmental crises …

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Shell appointed Wael Sawan as a new chief executive

Shell’s soft transition to renewables: New boss, a new policy

The well-known oil company Shell appointed Wael Sawan as a new chief executive today. He will take this position from Ben van Beurden who is stepping down in December after 40 years in Shell Company. By choosing Sawan for this post, the largest fuel retailer and liquefied natural gas (LNG) trader seem to make a soft transition to renewables. Van Beurden …

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From the beginning of this year, Chinese companies have been facing several difficulties in international communications, including transportation, which was caused by pinpoint outbreaks of COVID-19.

Chinese Companies Aid Kazakhstan With Renewable Energy Projects

From the beginning of this year, Chinese companies have been facing several difficulties in international communications, including transportation, which was caused by pinpoint outbreaks of COVID-19. However, despite all the difficulties, the development of new energy projects in Kazakhstan continues. One such example is an upcoming 50 MW photovoltaic power plant, self-invested by the largest …

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