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, 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” »
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” »
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” »
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” »
The European Union is actively investing and promoting Europe’s transition to a low-carbon society, and is updating its rules in order to facilitate the necessary private and public investment in the clean energy transition. This should not only be good for the planet, but also good for the economy and good for consumers. Wind is … Read More “Green wind energy sector is providing 300,000 jobs in Europe” »
According to new report by the Karlsruhe Institute of Technology (KIT), Germany is progressing on its way to climate neutrality – and has to close carbon cycles in its industries as soon as possible to get there. To reach the 1.5-degree target, the Intergovernmental Panel on Climate Change (IPCC) suggests to remove and permanently store … Read More “New novel technology to extract CO2 and turning to products for batteries agriculture and industry” »
According to new report by IEA, global market for key mass-manufactured clean energy technologies will be worth around USD 650 billion a year by 2030 – more than three times today’s level – if countries worldwide fully implement their announced energy and climate pledges. The related clean energy manufacturing jobs would more than double from … Read More “Global clean energy manufacturing jobs to hit 14 million by 2030” »
China’s installed capacity of renewable energy generation has surpassed 1.1 billion kW, nearly four times from a decade ago and accounting for over 30 percent of the world’s total installed capacity of renewable energy. China’s installed capacity for hydropower, wind, solar and biomass power generation has gained top spots worldwide, data from the National Energy … Read More “China’s installed capacity of renewable energy surpassed 1.1 billion kW over 30 percent of the world’s total” »
The world’s first renewable power for offshore oil and gas According to Equinor, Hywind Tampen is a floating wind farm under construction that will provide electricity for the Snorre and Gullfaks oil and gas fields in the Norwegian North Sea. It will be the world’s first floating wind farm to power offshore oil and gas … Read More “The world’s largest floating wind farm is making revolution in green energy” »