Magnesium is the lightest structural metal with bright future in green economy

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Green Innovation, Green Investing, Magnesium News, Science News

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” »

The world’s largest company by revenue is achieving 100 percent renewable energy by 2035

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

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” »

Green Revolution: Over 24 percent of U.S. electricity came from renewables in 2022

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

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” »

Breakthrough Innovation: New battery has 4 times storage capacity of lithium

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Australia News, Battery News, Climate Change, Eco-Friendly News, Global Economy News, Green Energy, Green Energy Storage, Green Innovation, Green Investing, Renewable Energy, Science News

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” »

Europe is achieve significant progress in electricity generated from renewable energy sources

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Austria News, Belgium News, Climate Change, Climate Technology, Denmark News, 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, Hydropower News, Italy News, Netherland News, Norway News, Poland News, Renewable Energy, Romania News, Science News, Sweden News, Wind Energy, Wind Farm

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” »

Natural catastrophes caused $268 billion losses in 2022

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Climate Change, Climate Technology, Green Innovation, Green Investing, Science News

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” »

Chinese company to build 600 MW wind power project in Laos

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Asia News, China News, Climate Change, Climate Technology, Eco-Friendly News, Global Economy News, Green Energy, Green Energy Storage, Green Innovation, Green Investing, Laos News, Renewable Energy, Science News, Vietnam News, Wind Energy, Wind Farm

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” »

Top 10 people in the world taking action to combat climate change

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Climate Change, Eco-Friendly News, Europe News, France News, Green Energy Storage, Green Innovation, Green Investing, India News, New York News, Renewable Energy, Science News, US News

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” »

U.S. announces $2.5 billion loan to help GM and LG make EV batteries

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Green Investing, US News

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” »

U.S. natural gas production to set a record in 2022

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Green Investing, US News

 According to the U.S. Energy Information Administration, natural gas emits almost 50% less CO2 than coal.   Combustion of natural gas emits about 30 percent less than oil, as well as far fewer pollutants, per unit of energy delivered. According to EIA , U.S. dry natural gas production has increased during 2022, averaging more than 100 … Read More “U.S. natural gas production to set a record in 2022” »

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