Bojan Stojkovski

Corporations around the world purchased a record 31.1 GW of renewable energy in 2021

Finance & Investment

According to BloombergNEF analysis, corporations across the globe acquired a record 31.1 GW of renewable energy in 2021, up 24 percent from the previous high of 25.1 GW in 2020, utilitydive.com writes. LevelTen Energy Marketplace statistics show that persistent demand for renewable energy combined with supply chain restrictions and connectivity delays resulted in a 5.9 …

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Environmentalists urge British authorities to speed up energy transition

Energy Transition

Britain needs to switch to renewable energy sources to protect itself from energy crises like the current one, British MPs and experts said, the BBC reported. According to politicians and experts, the UK needs to switch to renewable energy sources to protect itself from energy crises. The current energy crisis has been fueled by rising …

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Digital solutions for a hydrogen economy

Innovation & Technology

Because governments at COP26 failed to achieve the types of accords that climate campaigners and many members of the global public have been seeking, industry has been tacitly awarded a leading role, according to Ron Beck article for sustainabilitymag.com. It seems that energy corporations are taking their responsibilities seriously. The Sustainability Future for Energy and …

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Renewable Energy Expansion Will Contribute to 70% of China's Power

Indian Tata Power to raise $600-700 million for its renewable energy business

Finance & Investment

Tata Power is in advanced talks with investors such as the Canadian Pension Plan Investment Board (CPPIB), Singaporean sovereign fund Temasek Holdings, and private equity firm General Atlantic to raise up to $600-700 million for its renewable energy business, with an equity valuation of around $6-7 billion. The transaction is nearing completion, as the salt-to-steel …

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Volvo Has Extensive Plans for Battery Manufacturing

Innovation & Technology

Volvo, in anticipation of significant demand for its electric models like as the XC40 Recharge, is constructing a large battery manufacturing factory in Gothenburg, Sweden, in collaboration with its technical partner Northvolt. The project is expected to be operational by 2025, creating 3,000 employment in the area, carbuzz.com writes. Aside from that, it will assist a …

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UK could become pioneer of heating technology which uses the seabed

Innovation & Technology

According to a recent analysis, the United Kingdom might be a global leader in the usage of geothermal energy from the seabed if it could harness the tremendous potential of its 12,000 kilometers of coastline. Researchers from Nottingham Trent University (NTU), Beijing University of Technology, Zhengzhou University of Light Industry, and Beijing Municipal Institute of …

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CleanBC Communities Fund

UK urged to push renewables in face of high energy costs

Energy Transition

Renewable energy trade organizations in the United Kingdom are urging the government to prioritize clean energy development in order to prevent susceptibility to rising energy prices. In response to Ofgem’s energy price cap and the government’s pledges to help people pay their energy bills, RenewableUK chief executive Dan McGrail said that the UK needs to …

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