In this article SPOT Northvolt’s battery factory in the north of Sweden in June. Northvolt Northvolt, a Swedish battery maker, has raised $2.75 billion from a host of big names to help fuel its global expansion and increase production. The Stockholm-headquartered company makes the lithium-ion batteries that are used to power electric cars and it
Environment
Originally published on Transport & Environment.By Eoin Bannon More than 90 environmental and consumer groups have today appealed to the European Parliament not to accept sustainable finance rules that would allow logging and the burning of trees to be counted as green investments. In a public letter, groups such as Transport & Environment (T&E), WWF, Greenpeace, and
CNBC’s Jim Cramer said Wednesday that trading meme stocks is more gambling than investing. “It’s exciting. It’s fun, and it’s real,” Cramer said on “Squawk Box.” However, he added, “If you’re going to play it, I think that you can, I don’t know, go to the casino. These should be offered at the casino.” He
In physics, a flywheel is a rotating disk that stores kinetic energy in its momentum and then spins that energy out to a nearby engine. In the context of business, as the flywheel rotates, it increases output or revenue without increasing input or cost. Tesla, best known for being an all-electric car company, is, well,
Courtesy of U.S. Department of the Interior WASHINGTON — The Department of the Interior today announced its intent to assess potential opportunities to advance clean energy development on the Gulf of Mexico Outer Continental Shelf (OCS). This significant milestone is part of the Biden-Harris administration’s goal to create thousands of jobs through the deployment of 30 gigawatts (GW)
Alan Graf | Cultura | Getty Images Denmark’s Orsted said Thursday it would “reuse, recycle, or recover” all turbine blades in its worldwide portfolio of wind farms once they’re decommissioned. The world’s largest offshore wind farm developer said it had “a clear responsibility to help find solutions to the challenge of recycling blades.” The issue
It seems like only yesterday that a mysterious new program called Energy Earthshots was in the works for the US Department of Energy, and everybody was wondering what that could possibly be. The curtain has now lifted and the answer is clean hydrogen. If you’re thinking why clean hydrogen and not green hydrogen, that’s a
A sign warns consumers on the avaliability of gasoline at a RaceTrac gas station on May 11, 2021, in Smyrna, Georgia. Elijah Nouvelage | AFP | Getty Images WASHINGTON – U.S. law enforcement officials said Monday they were able to retrieve some of the money paid to a criminal cybergroup on the heels of a crippling
For Greg Glatzmaier, the road between innovation and implementation runs along a dusty stretch of highway about a dozen miles south of Boulder City, Nevada, where his patented idea could solve an industry problem. The destination for his idea is Nevada Solar One, an outpost in the desert where 186,000 parabolic shaped mirrors tilt to
BlocPower founder & CEO Donnel Baird BlocPower “Turning buildings into Teslas.” That’s the name Donnel Baird has chosen to go by on his Twitter account — it’s also become the tagline for his company, BlocPower, ranked No. 47 on this year’s CNBC Disruptor 50 list. Since 2014, the company has been retrofitting buildings in New
The International Renewable Energy Agency (IRENA) released a study on renewable energy policies for cities last month. The reason for the focus on cities is due to their ability to scale up renewables and meet emission-reduction targets. Large cities have the revenue bases, regulatory frameworks, and infrastructure to support this while smaller ones usually don’t.
In this article BANPU-TH Coal is one of the world’s biggest polluters, with its transportation, storage and usage accounting for around 40% of the world’s greenhouse gas emissions, according to the United Nations. One executive who says she wants to help reduce the Asia-Pacific region’s dependence on the fossil fuel is Somruedee Chaimongkol, chief executive
With declining technology costs and increasing renewable deployment, energy storage is poised to be a valuable resource on future power grids — but what is the total market potential for storage technologies, and what are the key drivers of cost-optimal deployment? In the latest report from the Storage Futures Study (SFS), Economic Potential of Diurnal Storage
Official cars are seen outside Grand Hotel Wien after a session of meeting of the Joint Comprehensive Plan of Action (JCPOA) on “Iran nuclear deal talks” in Vienna, Austria on May 01, 2021. Askin Kiyagan | Anadolu Agency | Getty Images A nuclear deal between the U.S. and Iran could send energy prices higher —
Originally posted on EVANNEX.by Charles Morris There’s an intimate connection between electric vehicles and renewable energy, and that connection — both literally and symbolically — runs directly through the electrical grid. Intermittent energy sources such as solar and wind need grid-connected storage in order to be viable, and the most flexible and scalable type of storage is
In this article INTC Electric vehicle being driven through Arizona desert The biggest semiconductor manufacturers in the world are quickly trying to build new factories as the global chip crisis continues to wreak havoc on a plethora of industries. U.S. semiconductor giant Intel announced in March that it plans to spend $20 billion on two