This year is the start of another key period in China’s development of its solar PV market, IHS Markit reports. 2021 is the first year of the 14th five-year plan and the first calendar year after President Xi Jinping announced the nation’s carbon emissions commitment, and the forecast reflected strong growth after the publication of China’s
Environment
In this article .NSEI BTC.CB= MMIT-GB Emerging markets investing guru Mark Mobius said he likes Indian stocks even though Covid-19 cases in the country have surged, as “this is going to pass.” India’s stock benchmark Nifty 50 has risen around 8.1% this year as of Tuesday’s close. The index has climbed despite the country reporting
In a move that the company says will lead to the end of wind power waste, Vestas has formed a coalition of industry and academia to commercialize the full recyclability of wind turbine blades. The coalition, which includes Vestas, Olin Corporation, Danish Technological Institute, and Aarhus University, developed a new technology that will allow circularity
In Vietnam, banks are shunning coal; enabling the nation to shine brightly as a solar champion. A cantaloupe farmer noticed the sun shining on his four-hectare farm and it dawned on him that he can do so much more than just growing his crops. The idea was to install 40 solar panels on greenhouses at
In this article ENI-IT EQNR-NO GE GE Renewable Energy The final phase of a development dubbed “the world’s largest offshore wind farm” is to use 14 megawatt versions of GE Renewable Energy’s huge Haliade-X turbine after a contract for their supply was confirmed. In an announcement Tuesday, GE said a service and warranty contract had
In this article TSLA A Tesla supercharger station photographed on January 4, 2021 in Hawthorne, California. PATRICK T. FALLON | AFP | Getty Images Technology from Tesla will be used at a new U.K. facility that’s being described as “Europe’s most powerful EV charging hub.” The announcement comes as authorities attempt to ramp up infrastructure
The U.S. wants Russia to pivot away from China, and may be showing flexibility on sanctions as an “olive branch,” according to Daniel Yergin, vice chairman of IHS Markit. Washington on Wednesday imposed sanctions on some vessels and entities involved in the construction of the Nord Stream 2 pipeline that would bring natural gas from
Originally published by The White House [On May 17], the White House convened leaders from across the Administration to announce new federal investments in building energy efficiency and electrification, as well as new opportunities to modernize homes and businesses which will create good-paying, union jobs. National Climate Advisor Gina McCarthy, Council on Environmental Quality (CEQ)
In this article ENR-DE Workers photographed walking past a section of solar panels at the Mohammed bin Rashid Al-Maktoum Solar Park in Dubai on March 20, 2017. STRINGER | AFP | Getty Images A Dubai-based project described as the “first industrial scale, solar-driven green hydrogen facility in the Middle East and North Africa” has been
After years of slumber on electric mobility, this week Ford woke up and jumped into the EV race with all pistons firing, so to speak, when it launched the new Lightning F-150 all-electric pickup truck. Now it seems that zero emission mobility was only part of the plan. Last night, the leading solar installer Sunrun
China’s ambitions to take a more significant role in the Arctic will likely lead to growing tensions, according to risk consultancy firm Control Risks. China has developed a “prominent presence” in the region since joining the Arctic Council as an observer in 2013, Oksana Antonenko, director at Control Risks, told CNBC’s “Squawk Box Asia.” The
Courtesy of Union Of Concerned Scientists.By Joseph Daniel, Senior energy analyst When I came to UCS three years ago, coal self-commitment—the practice of coal plants running when cheaper (and cleaner) resources are available on the grid—was still a nascent and poorly understood issue. Our analysis highlighting the issue at that time called it the “coal bailout,
The rotation out of technology may be facing yet another catalyst. If energy’s outperformance persists, it could force more investors to rebalance their portfolio, leaving tech behind in favor of the former laggard, Miller Tabak’s Matt Maley told CNBC’s “Trading Nation” on Tuesday. Oil prices fell Wednesday to around $62 a barrel after hitting two-month
The Intertubes are absolutely humming with news that the leading global mining and shipping giant Vale is getting into the wind-powered shipping business. The company is staking its claim to five tall, tilt-able, cylindrical devices that look like smokestacks but are actually sails. That’s not such a big deal, but if all goes according to
Former U.N. Secretary-General Ban Ki-moon has spoken of the multiple disasters the world is currently facing, which have only been accentuated by the ongoing coronavirus pandemic. Ban, who led the U.N. from 2007-2016, called on global leaders to raise their ambition in order to avoid failures on a range of different issues, including climate change
Patrick Pleul | picture alliance | Getty Images The world’s pathway to developing an energy sector with net-zero emissions by the middle of the century is a viable but narrow one, the International Energy Agency said Tuesday. In a statement released alongside the publication of a major new report, the Paris-based organization said achieving the