Albania become world leader by producing 100 percent of electricity from renewable resource

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Albania News, Climate Change, Climate Technology, Eco-Friendly News, Europe News, Global Economy News, Green Energy, Green Energy Storage, Green Innovation, Green Investing, Hydropower News, Renewable Energy, Wind Energy, Wind Farm

According to the Albanian Government Ministry of the Energy in 2023 all Hydropower plants are fully operating at the highest peak ever do to substantial rainfall in the region. Albania is now  producing 100% of all energy needed in the country and exporting substantial green energy to neighboring countries as well. Green energy potential make … Read More “Albania become world leader by producing 100 percent of electricity from renewable resource” »

Investing $12 trillion in green energy will end fossil fuel use and save the world

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The large-scale burning of fossil fuels causes serious environmental damage. Over 80% of the carbon dioxide (CO2) generated by human activity comes from burning them. Energy is at the heart of the climate challenge  and key to the solution. Generating electricity and heat by burning fossil fuels – coal, oil, or gas – causes a large chunk of the greenhouse … Read More “Investing $12 trillion in green energy will end fossil fuel use and save the world” »

Iceland become world leader in green energy as renewable provided almost 100 percent of electricity

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

Iceland is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is  a volcanic island in Europe in the North Atlantic Ocean. Iceland obtains near 100% of the electricity it needs from renewable energy sources. According to the Government of  Iceland, Renewable energy provided almost 100% of electricity production, with about 73% coming … Read More “Iceland become world leader in green energy as renewable provided almost 100 percent of electricity” »

Global coal rise by 1.2% in 2022, surpassing 8 billion tonnes

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China News, Russia News

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 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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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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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” »

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