Solar modules manufacturer and project developer Canadian Solar Inc (NASDAQ:CSIQ) posting net revenues of USD 1.43 billion (EUR 1.22bn) in the second quarter, up 105% year-over-year, as module shipments reached higher end of the guidance range.
A proposed 8 gigawatt Australian green hydrogen hub involving French supermajor TotalEnergies has enlisted Australia-listed Global Energy Ventures (GEV) to explore shipping hydrogen from the proposed project to the Asia-Pacific region.
Chinese companies are racing to show their compliance with the country’s carbon neutrality target, pushing the market for electrolyzers to be at least nine times bigger in 2022 than in 2020.
Decarbonisation is a major challenge for the steel sector, where fossil carbon sources conventionally used for both heating and chemical reduction produce emissions.
Analysis reveals more than 1.2 million people are employed in low carbon industry.
The Queensland government has announced that it will establish a $2 billion clean energy fund as part of the state’s economic response to Covid-19 that will “supercharge” the state’s expansion of its renewable energy and green manufacturing industries.
Global clean energy spending is on track to exceed $1 trillion in 2021, Edward Morse, managing director and global head of commodities research at Citigroup.
The share of fossil fuels in the world’s total energy mix is as high as a decade ago, despite the falling cost of renewables and pressure on governments to act on climate change, a report by green energy policy network REN21.
Enel invested around 3 billion Brazilian reais, equal to around 620 million euros at the current exchange rate, in the construction of the 716 MW Lagoa dos Ventos wind farm
While interest in marine-based energy systems appears to be growing, the current footprint of the industry and its technologies remains small. The news marks another major step forward for the U.K.’s nascent marine energy sector.