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US Launches Green Transition Scheme for Global South

The United States launched Wednesday a partnership with private funds aimed at supporting the transition to renewable energy in developing nations, based on a carbon credit system criticised by climate activists. The government scheme, launched at the COP27 climate conference in Egypt along with the Bezos Earth Fund and Rockefeller …

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India Ramps up Oil Imports from Iran and Russia

As India’s oil and gas demand continues to grow, the South Asian country is looking to any supplier offering a low-cost product, regardless of how controversial they may be. India’s refiners are diversifying their supply, in response to recent OPEC oil quota cuts, and turning to sanctioned states, such as …

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U.S. Solar Capacity has Grown 28,500% since 2008

The U.S. has plans to expand its solar energy market exponentially in support of its optimistic climate change policies. The country has already established several widescale solar projects, and with the introduction of the recent Inflation Reduction Act (IRA), renewable energy companies are being provided with the funding and tax …

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Europe Ramps up Renewable Capacity amid War in Ukraine

Via AG Metal Miner November’s Renewables MMI (Monthly MetalMiner Index) traded sideways for the first time since June. The index rose by 1.56% month-over-month. This primarily resulted from GOES (grain-oriented electrical steel) rising in price. Meanwhile, other renewable energy resources, like neodymium and Japanese steel plate, traded sideways. Silicon remains …

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Turkey Seeks Energy Production Abroad

Türkiye wants to engage in production activity in counties from which it buys natural gas or oil, Energy Minister Fatih Dönmez has said, adding that studies are underway to identify the location for a third nuclear plant. “This is our new energy strategy. We consider establishing partnerships with those countries …

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