The US Bureau of Labor Statistics reports that there will be many more jobs related to wind and solar energy in the next ten years. These industries will provide jobs for thousands of Americans, especially since there are surging gas prices all over the US. The government agency said wind turbine specialists and solar photovoltaic …
Wind and Solar Energy to Create Thousands of Jobs for Americans Read More »
Natural gas stocks, like oil stocks, are still sweltering as a result of the conflict in Ukraine, Europe’s over-reliance on Russia for gas, as well as OPEC and its partners’ refusal to provide aid. Natural gas prices in the United States (NG1:COM) fell 3.6 percent on Monday to $4.833/MMBtu, erasing big overnight gains from Friday’s …
Andrew Forrest and Mike Cannon-Brookes, Australia’s most vocal billionaires on climate change, have invested another $210 million in the world’s most extensive intercontinental renewable energy system. The $30 billion Sun Cable Australia-Asia Power Link (AAPowerLink) project has already raised about $50 billion from Forrest and Cannon-Brooks in 2019 through their investment companies SquadronEnergy and GrokVentures. …
Australian Billionaires Pledge $210 Million for World’s Largest Solar Project Read More »
Over the last few years, the renewable energy sector has grown at an astonishing rate. Analysts predict it will be valued at more than $1.1 trillion by 2027. As the business expands, more investors seek renewable energy shares and bonds to invest in. This will boost demand for renewable energy companies, according to blueandgreentomorrow.com. Investors …
According to new research that Reuters refers to, investment funds that represent themselves as sustainable funds under European laws generate comparable amounts of “green income” from the firms in which they invest. The percentage of revenues earned by items that help the environment, such as cleaner water, or contribute to climate change mitigation is referred …
“Sustainable” Funds Are as Green as Traditional Ones, Study Found Read More »
Taiwan needs $3.5 billion to improve its power infrastructure, Tsen Wen-sheng, chairman of state-owned Taiwan Power, said Focus Taiwan reported. Taiwan’s authorities need these funds to increase the stability of the island’s electricity transmission networks and reduce the excessive load on some sections of the network. For example, power plants could independently power significant energy …
Taiwan Power Company Asks for $3.5bn to Upgrade Power Grids Read More »
The EU’s Clean Hydrogen Partnership, a public-private partnership, has issued its first request for proposals on 41 hydrogen-related research subjects. The majority of the funds will go toward hydrogen generation and storage. As the EU pledges to move away from fossil fuels, hydrogen is considered as a handy means of converting power from wind and …
EU Unveils €600 Million Plan for Financing Hydrogen Research Read More »
Conch Cement, China’s largest cement producer, plans to invest 5 billion yuan (about $791 million) this year to build renewable energy power plants at its enterprises and achieve the goals set by the authorities to achieve carbon neutrality, Chinese media reported. Based in the eastern province of Anhui, the company has set a target of …
Chinese Conch Cement to Invest $791mn in Renewable Energy Read More »
Solar company Canadian Solar is rapidly expanding its business as it looks to capitalize on the expected increase in green energy demand. Now, Canadian Solar has become the largest solar developer in Italy. This week the company announced a 10-year deal with the Italian company Axpo Italia. Under the contract terms, Canadian Solar will receive 70% of …
The Chinese National Development and Reform Commission (NDRC) recently announced that Chinese authorities plan to build the world’s largest renewable power generation park in the Gobi Desert region. Thanks to solar and wind energy, the facility will offer an installed capacity of 450 GW. The project is a part of China’s plan to generate up …
China Plans to Build World’s Largest Renewable Power Generation Park Read More »
