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Net Zero Emission
Baseload Capital Raises US$24 Million to Boost Geothermal
Swedish climate investment fund, Baseload Capital, has raised US$24 million in new financing, corresponding to SEK 250 million.
Carbon Emissions
Air France-KLM Group Eyes Greener Skies
Neste will supply Air France-KLM Group with more than one million tonnes of sustainable aviation fuel.
Net Zero Emission
‘Greenhouse Gases Reached Record Levels in 2021’
Methane, carbon dioxide and nitrous oxide all hit peak levels after the pandemic.
Wind Farm
UK Wind Farms Smash Electricity Generation Record
Official data shows that wind farms provided more than half of Britain’s electricity on Wednesday.
Energy-Eficient Building
E.ON to Reduce Buildings’ Energy Consumption by 20% As Winter Approaches
German electric utility company E.ON has announced efforts to reduce its energy consumption, which are expected to reduce energy use from its buildings by at le…
Net Zero Emission
Rolls-Royce and Neste Promote Green Fuels for Diesel Engines
German power solutions company Rolls-Royce and climate solutions firm Neste have partnered on the implementation of sustainable fuels for diesel engines.
Electric Car
Inside the World’s First Affordable Solar-Powered Electric Vehicle: The $25,000 Sono Motors Sion
Germany company Sono Motors says it will bring a solar-powered electric vehicle to market in Europe in mid-2023. Sono has brought the car, called the Sion, on a…
EU
EIB Group Supports REPowerEU Plan With €30BN Financing
Package of new, targeted financing is expected to mobilise up to €115bn of new investment by 2027, contributing to ending energy dependency on Russia.
EU
EU Gives 80 Mln Euro to N. Macedonia to Tackle Energy Crisis
The European Union pledged 80 million euros to North Macedonia to tackle energy crisis and it will help to build new generating capacities.
France
French Power Group EDF Issues New Profit Warning
EDF said on Thursday it now expected a hit to its core earnings of around 32 billion euros because of lower nuclear production,a bigger loss than the 29 billion…
Electric Vehicle Battery
Eramet Examining Doubling of Lithium Capacity in Argentina
Eramet is studying potential to double a production target for its lithium project in Argentina as it responds to growing demand for minerals used in electric v…
Energy Storage Battery
Masdar Acquires UK-Based Bess Developer, Arlington Energy
UAE-based renewable energy giant says acquisition will allow it to expand its UK and European presence and support net-zero objectives of other countries.
Electric Car
Tackling the Biggest Challenges Facing EV Adoption
UT Austin researchers are looking to tackle two of the biggest problems facing widespread EV adoption.
High Energy Prices Force the World’s Largest Chemicals Company to Downsize
The world’s biggest chemicals company, Germany-based BASF, will seek permanent cost-saving measures in Europe due to the high energy prices endangering its com…
Crude Oil
World Bank: Energy Prices Set to Decline in 2023 After Sharp Rise in 2022
The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following the war in Ukraine.
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