In the Eurasian space, Kazakhstan shows the fastest and most active start in the issue of financing green transformation. By the beginning of 2022, the volume of capital raised for these purposes is much more than in other countries of the region, Forbes Kazakhstan reports. Kazakhstan also has a more green transformation-ready infrastructure and legal …
How Kazakhstan Plans to Merge Nuclear Power and Renewables Read More »
By 2030, Germany’s wind energy capacity should already double to 110 GW, and the share of solar energy should triple to 200 GW. Renewable energy sources (RES) will produce 100% of electricity in Germany by 2035. According to Reuters, this task is set in the updated draft climate plan of the German authorities. In the …
Germany’s Energy Sector to Go Completely Renewable by 2035 Read More »
Northwest China’s Xinjiang Uygur autonomous region has transferred 503.7 billion kWh of locally produced electricity to other parts of the country since 2010, according to the Xinjiang Branch of the State Grid Company of China, Xinhua News Agency reported. Among them, 137.8 billion kWh was produced by renewable energy sources – photovoltaic and wind energy. …
Xinjiang Transfers More Than 500 Billion kWh of Electricity to Other Regions of China Read More »
France will build at least six EPR2-type nuclear reactors, the first of which will be commissioned by 2035, French President Emmanuel Macron said on Thursday. “I want six to build EPR2s,” French media quoted Macron as saying during a speech on Thursday in Belfort. According to him, the construction of the first reactor will begin …
France to build at least six nuclear reactors in coming decades Read More »
What if a five-second reaction could power a whole house for a day? British scientists could explain it to you. On December 21, 2021, a group of researchers saw a nuclear fusion event that produced a record-breaking 59 megajoules of energy in under five seconds utilizing sustained fusion energy, CNN reports. This finding is one …
Another step towards making nuclear reactors a potential future clean energy source Read More »
As sustainable equity strategies garner record investor cash, Goldman Sachs is going green. The Goldman Sachs Bloomberg Clean Energy Equity ETF, which will trade under the ticker GCLN, was introduced Thursday by the asset management arm of Wall Street’s largest investment bank, Yahoo Money reports. The fund, created by Goldman Sachs Asset Management and Bloomberg …
According to advisorperspectives.com, the wind-turbine manufacturing business has been struck particularly hard by inflation and supply-chain issues. Congestion-choked roads, soaring transportation expenses, and spiking raw material prices have thrown manufacturers like Vestas Wind Systems A/S off their game. Instead of raking in profits from the increasing demand for sustainable energy, the Danish company is trying …
Wind-turbine makers are hit by a “perfect storm” Read More »
Veteran bankers who have advised on mega-deals in the oil and gas industries are beginning to take on roles as consultants on mergers and acquisitions in the renewables sector, as the global energy industry shifts its emphasis away from fossil fuels and toward low-carbon enterprises, Oilprice.com writes. Because of the worldwide drive toward cleaner energy …
Veteran bankers are taking up positions in the renewables industry Read More »
Last year, Russian investors in renewable energy sources accelerated the commissioning of planet-friendly power plants, a report from the Russian Center for Financial Settlements (CFR) showed, Russian media reported. According to the CFR report, in 2021, authorities launched 57 renewable energy projects (solar, wind and hydroelectric power plants) in Russia with a total capacity of …
Russia launched 57 renewable energy projects in 2021 Read More »
Green Genius, a renowned European renewable energy producer, intends to create approximately 500 MW of solar PV capacity in Romania by 2025 in order to provide green and clean energy in the nation. According to Green Genius executives, the business intends to spend around EUR 450 million in this project, which will help lower the …
Green Genius to Invest over EUR 450 million in Photovoltaic Parks in Romania Read More »
