South Korea will strengthen cooperation with the United Arab Emirates in major technologies related to the hydrogen economy, President Moon Jae-in said Sunday. The president, who is in Dubai for a three-day visit as part of his trip to the Middle East, made the remark at a business forum attended …
Read More »LG Energy Solution Opens Books for South Korea’s Largest IPO at up to $10.8 bln
Korean battery maker LG Energy Solution (LGES) has opened the books to investors to raise up to $10.8 billion in the country’s largest initial public offering (IPO), according to a term sheet seen by Reuters. The shares will be sold in a price range of 257,000 won to 300,000 won …
Read More »IEA Hosts Global Platform for Energy Efficiency
The Energy Efficiency Hub – a global platform for collaboration aimed at delivering the social, economic and environmental benefits of more efficient use of energy – has been launched at an event hosted at the International Energy Agency (IEA) in Paris. The Hub’s initial 16 members are Argentina, Australia, Brazil, …
Read More »Will Rivian become the next Tesla?
On November 10, San Jose, California-based electric vehicle maker Rivian Automotive Inc. became the latest name to join the ever-growing list of EV manufacturers going public. As widely expected, Rivian’s IPO was another blockbuster after the company managed to raise about $13.5 billion by selling 175.95 million shares at $78 …
Read More »NASA Seeks Ideas for a Nuclear Reactor on the Moon
NASA is collaborating with the U.S. Department of Energy’s Idaho National Laboratory to establish a sun-independent power source for missions to the moon by the end of the decade. The two, on Friday, put out a request for proposals for the fission surface power system. “Providing a reliable, high-power system …
Read More »Apple Accelerates Pursuit of Net Zero Supply Chain Goal
Tech giant pledges to help communities affected by climate change access clean power through new initiative The number of Apple’s suppliers committed to using 100 per cent clean energy has more than doubled in the past year, the tech giant announced late last week, as it simultaneously launched 10 new …
Read More »Apple and Microsoft Pat themselves on the Back for Clean Power Progress
Apple has more than doubled the number of its suppliers committed to using 100 percent clean energy since 2020, according to the company’s first update on its progress toward reaching complete carbon neutrality by 2030. These 175 suppliers will create 9 gigawatts of clean power, which Apple says is similar …
Read More »Huawei Wins Red Sea Energy Storage Project
Huawei Digital Power has signed a key contract with SEPCOIII for the Red Sea Project with 400 MW PV plus 1300 MWh battery energy storage solution (BESS), which is currently the world’s largest energy storage project. The contract was announced at the Global Digital Power Summit 2021 in Dubai, UAE. …
Read More »NASA to Launch Lucy Probe to Investigate Jupiter Asteroids
NASA was set on Saturday to launch a spacecraft called Lucy on a 12-year mission to explore for the first time a group of rocky bodies known as the Jupiter Trojan asteroids, gathering new insights into the solar system’s formation. The Atlas V rocket responsible for propelling the probe is …
Read More »Google Is Updating Maps, Search and other Products to Help Consumers Save Energy and Reduce Emissions
On Wednesday, Google launched a suite of changes to many of its core products to help consumers make sustainable choices more easily. “Today, climate change is more than a threat,” Sundar Pichai, the CEO of Google and parent company Alphabet, said in a prerecorded video during a virtual press event …
Read More »