According to new report by IEA the global coal demand is set to increase only marginally in 2022 but enough to push it to an all-time high amid the energy crisis, according to a new IEA report, which forecasts the world’s coal consumption will remain at similar levels in the following years in the absence … Read More “Global coal rise by 1.2% in 2022, surpassing 8 billion tonnes” »
Magnesium is the lightest commercially available structural metal and is an ideal solution for weight critical applications in all industries . The density of magnesium is 66% of aluminum enabling significant weight savings to be achieved. It provides a lightweight alternative to Aluminum, Titanium, Steel and Carbon Fiber. The magnesium alloys alloys can be cast, … Read More “Magnesium is the lightest structural metal with bright future in green economy” »
Walmart Inc. has recently announced that it has closed its previously announced $2 billion inaugural green bond offering. Net proceeds will be allocated to fund current and prospective projects to advance Walmart’s sustainability goals. The green bond is Walmart’s first offering under the company’s Green Financing Framework, published August 2021, which details the company’s alignment with … Read More “The world’s largest company by revenue is achieving 100 percent renewable energy by 2035” »
According to new report By EIA, In the first six months of 2022, 24% of U.S. utility-scale electricity generation came from renewable Renewables are the fastest-growing electricity generation source in the United States., based on data from our Electric Power Monthly. The renewables’ share increased from 21% for the same time period last year. Renewables … Read More “Green Revolution: Over 24 percent of U.S. electricity came from renewables in 2022” »
Batteries are central green transitions, according to lead scientist Dr. Shenlong Zhao, from the University of Sydney. Low-cost battery is built with four times the capacity of lithium. Researchers are hoping that a new, low-cost battery which holds four times the energy capacity of lithium-ion batteries and is far cheaper to produce will significantly reduce … Read More “Breakthrough Innovation: New battery has 4 times storage capacity of lithium” »
According to Eurostat, The growth in electricity generated from renewable energy sources during the period 2010 to 2020 largely reflects an expansion in three renewable energy sources across the EU, principally wind power, but also solar power and solid biofuels (including renewable wastes). In 2020, renewable energy sources made up 37.5 % of gross electricity … Read More “Europe is achieve significant progress in electricity generated from renewable energy sources” »
According to insurance and catastrophe giant Swiss Re. Natural catastrophes caused $268 billion in global disaster costs. Swiss Re, stated that natural catastrophes caused an estimated USD 115 billion of insured losses in 2022 to date, coming in well above the 10-year average of USD 81 billion. Hurricane Ian was the single largest loss-causing event … Read More “Natural catastrophes caused $268 billion losses in 2022” »
According to POWERCHINA the Chinese company has recently signed an EPC contract for the 600 MW Monsoon wind power project in Laos and the cooperation agreement for its Phase Ⅱ. The project is located in Sekong and Attapeu, southern provinces of Laos. It includes a 600 MW wind farm, a set-up switchyard and transmission lines. … Read More “Chinese company to build 600 MW wind power project in Laos” »
The world leaders called for tangible climate action, climate change is affecting every country on every continent. It is disrupting national economies and affecting lives. Weather patterns are changing, sea levels are rising, and weather events are becoming more extreme. The climate change is one of the most alarming issues threatening the life of the … Read More “Top 10 people in the world taking action to combat climate change” »
The US Department of Energy announced today a $2.5 billion loan to help start three lithium battery manufacturing hubs in Michigan Ohio and Tennessee . The US Department of Energy loan programs office will loan the money to Ultium Cells LLC, a joint venture of General Motors and South Korean battery manufacturer LG Energy Solutions … Read More “U.S. announces $2.5 billion loan to help GM and LG make EV batteries” »
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