Kazakhstan plans to attract investments from Azerbaijan to fund renewable energy projects, the country’s trade and integration ministry said. “Our countries have launched various projects in the field of oil and gas, subsoil use, and several other sectors,” Trend quoted the ministry as saying on Saturday. “However, there is no …
Read More »Europe’s Power Crisis is an Expensive Reminder that Renewable Energy has Its Limits
Europe’s power crisis was just a matter of time – and that time has come. Natural gas and electricity prices are setting record highs virtually every day, and businesses and households have gone from getting annoyed to being terrified as the bills land like hand grenades. The continent’s power system …
Read More »Chevron Expands Renewable Fuels Output with more Lower Carbon Business Spending
Chevron plans to spend $10 billion through 2028 to expand its lower carbon businesses, including increasing output of renewable diesel and sustainable aviation fuel first in markets with strong policy support for renewable fuels, CEO Mike Wirth said Sept. 14. Chevron will leverage its existing infrastructure, assets and markets to …
Read More »China to Set up Blockchain-Based Green Power Trading
China’s National Development and Reform Commission (NDRC) said this week the country will roll out a pilot scheme for green power trading between corporate consumers and renewable energy generators. The program is being carried out by the Beijing Power Exchange Center and the Guangzhou Power Exchange Center. Under the pilot …
Read More »Europe could Gain €140bn from Ocean Energy by 2050
ETIP Ocean has released results from the Gross Value Added (GVA) study stating that there is a significant benefit to be generated by supply chain activity servicing global (European and non-European) deployments of ocean energy to 2050. The GVA study, authored by the University of Edinburgh, presents results, analysis, and …
Read More »Amazon and Mitsubishi Corporation Sign Solar PPA in Japan
Amazon and Mitsubishi Corporation (MC) jointly announced they have signed a power purchase agreement (PPA) for a 22 MW solar project in Japan. Operated by MC’s retail subsidiary, MC Retail Energy, the unique solar project is aggregated, which means that it is made up of numerous ground-mounted solar installations currently …
Read More »Shell Plans to Boost Oman Renewable Energy Portfolio
Global energy major Royal Dutch Shell plans to add new clean energy projects in Oman and boost its renewables portfolio as the sultanate aims to generate 30 per cent of its electricity from green sources by 2030. The company launched the 25-megawatt Qabas solar plant in Sohar in January, which …
Read More »India Set to Deploy more than 4.5GW of Solar in Second Half of 2021
India is on track to install an additional 4,580MW of solar capacity in the second half of 2021 after seeing deployment marginally increase in Q2, according to Bridge to India. Despite fears of a third wave of the coronavirus pandemic, the research and consultancy firm estimates that India will add …
Read More »Germany Eyes Hamburg-Copenhagen-Oslo Hydrogen Corridor
Hamburg’s Senator for Economic Affairs sees great potential for the creation of a hydrogen corridor from Hamburg via Copenhagen to Oslo. Branding the region as a green hub and jointly promoting green initiatives and investments would unlock numerous opportunities, according to Senator Michael Westhagemann. “We want to intensify the exchange. …
Read More »Hydrogen as a Sustainable Source of Renewable Energy
Researchers from the University of Chemistry and Technology in Prague conducted research dealing with the photocatalytic activity of twist-angle stacked 2D TaS2. With increasing demands in modern society, the energy crisis and environmental problems are currently in the spotlight. Hydrogen is the primary sustainable source of renewable energy and is …
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