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

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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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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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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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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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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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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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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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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” »

New natural solution for capturing CO2

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According to new research by the Deltares the  institute is an independent institute for applied research in the field of water and subsurface. Throughout the world, Deltares work on smart solutions, innovations and applications for people, environment and society. Deltares stated that , Mineral Olivine is an abundant mineral that is often described as a … Read More “New natural solution for capturing CO2” »

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