December 2024 - Green Energy Stocks

FridayDec 27, 2024 8:00 am

Amazon Invests in a Trio of Utility-Scale Wind Energy Farms in Greece

Amazon has invested in a trio of utility-scale wind energy farms located in Greece. This online retail giant has major plans for Greece's burgeoning green energy sector and recently entered four Power Purchase Agreements (PPAs) spanning three green energy projects within the country. The recent investment will be Amazon's largest clean energy deal in Greece so far and will help the Southeastern European nation increase its green energy capacity as it transitions to renewables. Two of the Power Purchase Agreements (PPAs) signed by Amazon cover the Vermio wind farm, a massive project that spans Central and Western Macedonia. The Vermio…

ThursdayDec 26, 2024 8:00 am

The Switch to Renewable Energy in the US Faces Numerous Challenges

The United States of America's efforts to switch away from fossil fuels to renewables have run into a myriad of challenges. As the largest greenhouse gas emitter in history and the second largest emitter after China in modern times, the U.S. needs to work on reducing its massive greenhouse gas emissions and transition towards renewables such as wind and solar without placing undue stress on the environment or economy. In addition to making massive investments in wind, solar, geothermal, hydropower, and other clean sources of energy, the U.S. will have to essentially overhaul its power grid to ensure it can…

FridayDec 20, 2024 8:00 am

Disputed Adani Deal Happened Despite Officials’ Opposition, Reports Say

Recent reports have revealed that the controversial Adani Energy deal that led to Gautam Adani's indictment occurred despite the opposition of several experts. Experts say Adani's procurement deal received regulatory approval from India's state government too fast even though experts had told the regulator that the deal wasn't good value. After reviewing 19 state government documents and interviewing over two dozen federal and state employees as well as independent legal and energy professionals about the controversial Adani deal, Reuters paints a picture of political officials who ignored expert advice from energy and finance officials to approve the Adani energy deal…

ThursdayDec 19, 2024 8:00 am

EU Clean Energy Transition Plan Encounters Resistance from Atomic Energy Advocates

The European Union has encountered a new challenge in its quest to replace fossil fuels with various renewable alternatives; resistance from pro-nuclear energy governments. With solar and wind acting as the main alternatives and the driving force in the EU’s green energy drive, pro-nuclear regimes in the regional bloc say they will not support a green energy goal that doesn't include atomic energy. The 27 states that make up the European Union have different views on nuclear energy, a controversial type of energy that generates no greenhouse gas emissions but is widely avoided due to the toxic waste it produces…

TuesdayDec 17, 2024 8:00 am

Wind Energy is Facing Significant Headwinds in the Energy Transition

Wind energy has recently faced a series of setbacks that have left many experts wondering whether the renewables industry could ramp up wind energy production fast enough to help the world meet its green energy goals. One of the main renewable alternatives to fossil fuels, wind energy has drawn significant investment in recent years and is a key component of national and global plans to ditch fossil fuels and lower greenhouse gas emissions. However, wind has run into several hurdles that have raised important questions about the future of wind energy. Despite the environmental benefits onshore and offshore wind energy…

FridayDec 13, 2024 7:00 am

Continuum Green Energy is Set for its $430m IPO in India

Independent Indian power producer Continuum Green Energy has filed for a $430.26 million (36.5 billion rupees) initial public offering (IPO) with the Securities and Exchange Board of India (SEBI) as it seeks to take advantage of India's surging hunger for energy. Continuum Green Energy identifies, develops, builds, and operates green energy projects in India with a focus on providing renewable energy to industrial and commercial consumers as well as power exchanges and central and state distribution utilities. Currently one of the largest greenhouse gas emitters in Asia after China, India is working hard to limit its reliance on fossil fuels…

ThursdayDec 12, 2024 8:45 am

The Coretec Group Inc. (CRTG) Is ‘One to Watch’

The Coretec Group is positioned at the forefront of the rapidly growing EV and energy storage markets with innovative silicon-based solutions. The Endurion program delivers advanced battery technology, addressing critical industry needs for energy density and cycle life. CHS technology provides industry-leading efficiency, scalability and versatility for clean technology applications. The company continues to demonstrate progress in intellectual property and partnerships to ensure sustained competitive advantages. Its experienced leadership team is driving strategic growth and market penetration. The Coretec Group (OTCQB: CRTG) is a technology leader specializing in silicon-based solutions that advance energy storage, materials science and visualization technologies. Through…

ThursdayDec 12, 2024 7:00 am

Trump’s Administration is Likely to Welcome All Energy Options

Despite President-elect Donald Trump's outspoken criticism of renewable energy, a growing number of experts believe that the second Trump administration is likely to pursue an "all-of-the-above” energy strategy that encompasses both fossil fuels and clean energy. Several key figures in the incoming president's inner circle have discussed using such an approach to advance America's energy plans, a major indication that Trump's impact on the country's burgeoning green energy sector may not be as bad as previously feared. The Biden administration championed the use of renewables instead of fossil fuels and spent billions of dollars trying to build the country's green…

TuesdayDec 10, 2024 8:00 am

Rosneft Boss Says High Costs, Elusive Targets are Compromising Investment in Clean Energy

Rosneft Chief Executive Officer Igor Sechin says high costs coupled with elusive targets are driving investors away from the burgeoning green energy industry. During a recent United Arab Emirates conference, the head of the largest oil producer in Russia noted that the green transition is losing investors due to a critical lack of financing coupled with astronomical costs and elusive green energy targets. Igor Sechin’s opinion on climate change is controversial; he says scientists have overestimated humanity's role in climate change and has expressed skepticism of the global green agenda. But despite the West's determination to ditch fossil fuels for…

FridayDec 06, 2024 8:00 am

EC Boosts Clean Energy by Launching Second Hydrogen Auction

The European Commission (EC) has launched a second hydrogen auction to boost clean energy projects and help build the world's renewable energy capacity. The $1.26 billion hydrogen auction had a notably expanded budget compared to the first hydrogen auction and was launched under the European Hydrogen Bank. This second auction is meant to boost the production of Renewable Fuel of Non-Biological Origin (RFNBO) in the European Economic Area (EEA). Renewable hydrogen is expected to play a major role in the European Union’s transition to clean energy alongside solar, wind, hydropower, and geothermal energy. The second hydrogen auction began on December…

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Month: December 2024