Solar and wind power overtaking gas for the first time in Europe

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Climate Change, Climate Technology, Eco-Friendly News, Europe News, European Union News, France News, Germany News, Global Economy News, Greece News, Green Energy, Green Energy Storage, Green Innovation, Green Investing, Renewable Energy, Science News, Wind Energy, Wind Farm

 According to World Economic Forum Solar and wind power generated a fifth of Europe’s electricity in 2022, overtaking gas for the first time . Analysis by energy think tank Ember says solar capacity increased by 24%, which was double its previous record. The surge in renewables and a drop in electricity demand meant that the … Read More “Solar and wind power overtaking gas for the first time in Europe” »

Renewables are set to account for over 90% of global electricity capacity expansion in 5 years

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According to IEA, Renewable capacity expansion in the next five years will be much faster than what was expected just a year ago. Over 2022-2027, renewables are seen growing by almost 2 400 GW in our main forecast, equal to the entire installed power capacity of China today. IEA’s Executive Director Fatih Birol said, “The … Read More “Renewables are set to account for over 90% of global electricity capacity expansion in 5 years” »

China revealed the world’s most powerful wind turbine enough to power 40,000 households

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China News, Climate Change, Climate Technology, Eco-Friendly News, Green Energy, Green Energy Storage, Green Innovation, Green Investing, Renewable Energy, Science News, Wind Energy, Wind Farm

China have revealed the world’s most powerful wind turbine, the H260-18MW offshore wind turbine-independently developed by CSSC Haizhuang and dominated by China State Shipbuilding Corporation (CSSC)- unveiled in Shandong Province Dongying City Offshore Wind Power Industrial Park, with global records of the highest 18MW rating and the largest 260-meter rotor diameter so far. CSSC Haizhuang … Read More “China revealed the world’s most powerful wind turbine enough to power 40,000 households” »

Europe is moving full steam on producing green hydrogen using renewable electricity and purified wastewater

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Climate Change, Climate Technology, Eco-Friendly News, Europe News, European Union News, Finland News, Germany News, Global Economy News, Green Energy, Green Energy Storage, Green Innovation, Green Investing, Hungary News, Renewable Energy, Science News, Spain News, Sweden News

The EU’s strategic objective to install at least 6 GW of electrolysers in the EU by 2024, producing up to 1 Mt of renewable hydrogen and 40 GW by 2030 producing up to 10 Mt1, is welcomed. Achieving this goal requires a cumulative investment of between €320 and 458 billion by 2030. According to Sunfire is … Read More “Europe is moving full steam on producing green hydrogen using renewable electricity and purified wastewater” »

Bill Gates: Climate change is the hardest problem humanity has ever faced

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Climate Technology, Eco-Friendly News, Global Economy News, Green Energy, Green Innovation, Green Investing, Science News, US News

“Climate change is the hardest problem humanity has ever faced, but I believe we have the human ingenuity to solve it. And if you care about climate change, you should care about transmission”. Bill Gates. Bill Gates climate fund plans to mobilize $15 billion into clean tech. Breakthrough Energy Catalyst, a fund that sits within the wider … Read More “Bill Gates: Climate change is the hardest problem humanity has ever faced” »

China lead the world on clean energy investment with nearly half of the global total

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China News, Climate Change, Climate Technology, Eco-Friendly News, Europe News, European Union News, Global Economy News, Green Energy, Green Innovation, Green Investing, Science News, Solar Energy, US News, Wind Energy, Wind Farm

According to BloombergNEF China outperformed all nations in terms of clean energy investment in 2022, spending $546 billion,  nearly half of the global total. The United States was a distant second with $141 billion, while the European Union would have been second if treated as a single bloc, with $180 billion, the report from research … Read More “China lead the world on clean energy investment with nearly half of the global total” »

The best electric cars of 2023 and 2024

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Cars News, Climate Change, Climate Technology, Eco-Friendly News, Global Economy News, Green Energy, Green Innovation, Renewable Energy, Science News

 The best electric cars of 2023 and 2024, According to  new Edmunds’ experts test 200 vehicles per year on test track using a 115-mile real-world test loop of city streets, freeways and winding canyons. The data we gather results in Edmunds’  ratings. They’re based on 30-plus scores that cover performance, comfort, interior, technology, utility and … Read More “The best electric cars of 2023 and 2024” »

US economy added 517,000 jobs as global investment in the low-carbon energy transition totaled $1.1 trillion

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Climate Change, Climate Technology, Eco-Friendly News, Global Economy News, Green Energy, Green Energy Storage, Green Innovation, Green Investing, Job News, Renewable Energy, Science News, US News

According to new data released today by the Bureau of Labor Statistics. The US economy added an astonishing 517,000 jobs in January as unemployment rate fell to 3.4%. President Biden  plans to eliminate fossil fuels as a form of energy generation in the U.S. by 2035. The White House set a target of 80 percent renewable … Read More “US economy added 517,000 jobs as global investment in the low-carbon energy transition totaled $1.1 trillion” »

European Union is investing in green energy and plan to end reliance on Russian fossil fuels before 2030

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Climate Change, Climate Technology, Eco-Friendly News, Europe News, European Union News, Global Economy News, Green Energy, Green Energy Storage, Green Innovation, Green Investing, Renewable Energy, Russia News, Science News

The European Union is planning on ending the EU’s reliance on Russian fossil fuels will require a massive scale-up of renewables as well as faster electrification and replacement of fossil-based heat and fuel in industry, buildings and the transport sector. The clean energy transition will help lower energy prices over time and reduce import dependency. … Read More “European Union is investing in green energy and plan to end reliance on Russian fossil fuels before 2030” »

Green batteries from trees, lignin is new gold of the future

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Battery News, Climate Change, Climate Technology, Eco-Friendly News, Electric Vehicle News, Global Economy News, Green Energy, Green Energy Storage, Green Innovation, Renewable Energy, Science News, Sweden News

Future Batteries  Stora Enso has invested EUR 10 million in the making of bio-based carbon materials for energy storage at Sunila Mill. This fits well with a Finnish focus on supplying battery companies with materials and will help further development of the region.  The great challenges we have in today’s battery industry is that lithium-ion … Read More “Green batteries from trees, lignin is new gold of the future” »

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