October 10th, 2020 by Press Release After the acquisition of Infigen, ground has been broken on its first renewable project in Australia, with 317 MW capacity and A$ 500 million investment Around 200 jobs will be supported during construction until the project is commissioned in 2021 Pull effect on Spanish suppliers: Elecnor to build the
Environment
CNBC’s Jim Cramer on Friday said it’s time to start taking hydrogen energy seriously as the technology emerges as a reliable alternative energy source. “If you want to speculate on a sexy long-term story, I’m bullish on hydrogen,” the “Mad Money” host said. Cramer has been skeptical of bullish trading activity in red-hot speculative stocks,
October 9th, 2020 by Guest Contributor Global installed offshore wind capacity reached 27,064 MW in 2019 — a 19% increase from the previous year. This and other trends can be found in the 2019 Offshore Wind Technology Data Update, released by NREL on behalf of the U.S. Department of Energy’s Wind Energy Technologies Office. Only
An Equinor employee talks to a reporter on a rig used to produce oil from the Johan Sverdrup oil field some 140 kilometres west from the town of Stavanger, Norway, on December 3, 2019. TOM LITTLE | AFP via Getty Images LONDON — A strike by workers in the Norwegian oil sector could soon wipe
October 9th, 2020 by Tina Casey If Cornwall was its own nation, it would be almost entirely surrounded by water, so it’s no surprise that the leaders of this unique land mass semi-attached to England are looking to pepper the Celtic Sea with floating wind turbines for a green recovery from the COVID-19 crisis. However,
An off-shore oil platform off the coast in Huntington Beach on Sunday, April 5, 2020. Leonard Ortiz | MediaNews Group | Orange County Register | Getty Images SINGAPORE — A Biden presidency could bring 1 million barrels per day of Iranian oil back into the market, but lead to lower demand in the long run, an economist
October 8th, 2020 by U.S. Department of Energy Brush up on your knowledge of wind! This article is part of the Energy.gov series highlighting the “Top Things You Didn’t Know About Energy” series. By Liz Hartman Wind turbines are soaring to record sizes. The average rotor diameter of turbines installed in 2018 grew to 379
Many investors are speculating that Big Oil dividends could be in danger given how low the price of crude has dropped this year, but in an appearance on CNBC’s “Squawk Box,” Chevron CEO Michael Wirth defended his company’s ability to keep its dividend intact. “We continue to have a very strong balance sheet so our
October 8th, 2020 by George Harvey Image from the National Park Service Digital Image Archives, public domain, Wikimedia Commons President Trump has claimed to be economically successful based on a rather small set of metrics. One is joblessness data. Another is the Dow Jones Industrial Index (DJI). There are people who believe in his success,
A Joe Biden win could mean clean energy stocks stay in the green. With the 2020 election less than a month away and the former vice president leading President Donald Trump in polls, clean energy stocks are trading like a Democratic victory is imminent, with the Invesco Solar ETF (TAN) up over 131% year to date
October 8th, 2020 by Zachary Shahan The EU Parliament voted this week, on October 6, to strongly improve its 2030 climate target. The proposal that was voted through was to cut carbon emissions by 60% by 2030 rather than 40% by 2030. Among other things, as BloombergNEF’s Colin Mckerracher states, the majority of new car
Nikola founder Trevor Milton has sued a Utah businessman for defamation, accusing him of a “malicious campaign to harass” and discredit the billionaire by publicly accusing him over Twitter of sexually abusing women, according to the lawsuit filed Monday. David Bateman, the founder and CEO of software company Entrata, started tweeting about Milton in late September, posting
October 7th, 2020 by Guest Contributor The Maid of the Mist, the New York State Office of Parks, Recreation and Historic Preservation, New York Power Authority, and ABB announced today that the Maid of the Mist, the iconic boat tour that has navigated the waters below Niagara Falls since 1846, has launched the first two
Wind turbines in the Irish Sea, in waters near the town of Llandudno, in Wales. VladCa | iStock | Getty Images U.K. Prime Minister Boris Johnson said on Tuesday that he wanted the country to become the “world leader in low cost clean power generation.” Speaking at the Conservative Party annual conference, which was delivered
Energy stocks are showing rare strength this week as oil rallies. The XLE energy ETF is up 4% over the past two days, though remains down nearly 50% this year. The sector is easily the worst performer in 2020. Todd Gordon, founder of TradingAnalysis.com, said the group could slowly be turning a corner as the
October 6th, 2020 by Remeredzai Joseph Kuhudzai The majority of vehicles (ICE or EV) that are imported into most of sub-Saharan Africa are used vehicles from Europe, Asia, and America. Record EV sales are being registered across several key source markets such as Germany for left-hand drive vehicles and the United Kingdom for right-hand drive