NewsRoom Articles - Page 39 of 91

WednesdayOct 23, 2024 9:00 am

Forum Highlights Clean Energy Collaborations as Climate Change Challenges Abound

The recently concluded 2nd China-Europe-Africa Green Energy Development Forum has highlighted various green energy collaborations that are helping advance the transition to green energy as climate change challenges surge. In addition to helping address climate change and promoting sustainable development in all three markets, a top official from China said that increased cooperation between Europe, Africa, and China in the burgeoning green energy space will bring stability amidst global volatility and uncertainty. Speaking at the forum in Wenzhou, Zhejiang province, China on October 19th, the Vice-Chairman of the 13th National Committee of the Chinese People's Political Consultative Conference and China-EU…

MondayOct 21, 2024 9:00 am

IEA Warns That Geopolitical Tensions Threaten Energy Security

The International Energy Agency (IEA) says rising geopolitical tensions are threatening global energy security and emphasizing the need for a speedy transition to clean energy. Economic and military tensions surging across many regions of the world have exposed major weaknesses in the world's energy system and created significant risks for climate action and energy security. IEA Executive Director Fatih Birol says geopolitical tensions could affect green energy supplies and the prospect of surpluses through the second half of the 2020s. Excess supply of liquefied natural gas (LNG), oil, and clean energies such as solar panels and batteries is projected to…

FridayOct 18, 2024 9:00 am

WEF Says Unified Action is Vital to Europe’s Attainment of the Energy Transition

Unified action by the public and private sectors will be critical to Europe’s green energy transition, the World Economic Forum (WEF) says. Aside from investment into expanding Europe's clean energy capacity, European nations will also have to upgrade the majority of their grids to ensure the transition isn't hampered by bottlenecks and happens on track. However, upgrading the region's electrical grid will require over $636 billion in investment through the decade, more than the public sector can handle alone. As such, the private sector’s involvement will be key to ensuring Europe's electrical grid can support the mass transition to renewables.…

WednesdayOct 16, 2024 9:00 am

IEA Foresees China’s Clean-Energy Boom Accounting for 60% of Upcoming Projects

The International Energy Agency (IEA) predicts that China's green-energy boom will account for a whopping 60% of the world's upcoming renewable-energy projects for the next six years. China has all but monopolized the global photovoltaic solar supply chain and is poised to lead the worldwide rollout of green energy via its vast solar capacity, the IEA says. Between now and 2030, the second-largest economy on the globe will make up more than one-half of all installed green-energy capacity, the IEA’s green energy report says. The paper found that the rollout of green energy projects will triple over the next six…

MondayOct 14, 2024 9:00 am

UN General Assembly Panel Urges Greater Involvement of Youth, Women in Energy Transition

A recent UN General Assembly intergenerational panel titled ‘Mainstreaming Gender & Youth for SDG7: Challenges & Opportunities for Young Women Entering the Workforce’ has called for the increased involvement of women and youth in the green energy transition. Convened by Sustainable Energy for All (SEforALL) at the ENERGY NOW SDG7 Action Forum on September 27th, the dynamic panel focused on the role young women are playing in the ongoing transition to renewable energy and outlined the need to close gender gaps and enable the youth to enter the energy industry. The global green energy industry is still in its infancy…

FridayOct 11, 2024 9:00 am

North Africa Set to Meet Europe’s Clean-Energy Needs

North Africa has the potential to supply up to 24 GW of renewable energy to Europe, more than enough to meet the continent's green-energy needs and put the region on track to achieving its climate-change goals. The mostly desert region could potentially generate vast amounts of wind and solar energy and transport it to Europe via undersea connections as nations such as Morocco bring major green-energy projects online. These projects are poised to boost the North African region's green-energy capacity significantly while enhancing Europe's and North America's interconnection. The desert region is sparsely populated and currently lies fallow, unable to…

WednesdayOct 09, 2024 10:30 am

Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) Is ‘One to Watch’

In September 2024, Foremost announced an option agreement with Denison Mines for 10 uranium projects in Saskatchewan’s Athabasca Basin. The company has aggressive exploration plans across its 330,000-acre uranium portfolio, with both shallow and deep targets. The Athabasca Basin is known for hosting some of the richest uranium deposits in the world, with strong infrastructure supporting exploration. Foremost’s partnerships with Denison Mines and local geological firms, along with its strong management team, position it well for future success. The company also holds a secondary portfolio of lithium projects, covering over 50,000 acres, providing additional long-term growth potential. Foremost Clean Energy…

WednesdayOct 09, 2024 9:00 am

IEA Hosts G20 Ministers, Influential Personalities to Discuss Clean and Affordable Energy Transition

The International Energy Agency (IEA) recently hosted G20 energy ministers, other ministers and various influential personalities to discuss green energy and an affordable transition to renewables. This was the first time members of the new IEA Global Commission on People-Centered Clean Energy Transitions: Designing for Fairness met in person. The participants discussed various practical strategies to facilitate fair and equitable green-energy transitions that provide equitable benefits on a social and economic scale. With several studies revealing a significant imbalance in green-energy investments, the participants talked about critical considerations for ensuring that clean-energy policies prioritize affordability and fairness. Brazil minister of…

MondayOct 07, 2024 9:00 am

Study Shows Rise in Clean-Energy Jobs Worldwide

A recent study has revealed that the total number of green-energy jobs in the world has increased by 18% from 2022 to 2023. Jointly released by the United Nations Labor Organization (ILO) and Renewable Energy Agency (Irena) in Abu Dhabi, the report found that China had the most significant increase in green-energy jobs compared to every other nation. According to the report, there were 16.2 million renewable-energy jobs in 2023, an 18% increase from 2022. Unsurprisingly, China accounted for nearly one-half of all renewable sector jobs at 7.4 million jobs, outpacing the entire European Union (EU) in both the manufacture…

FridayOct 04, 2024 9:00 am

Despite Facing Numerous Challenges, Geothermal Holds Promise in Energy Transition

Geothermal energy has the potential to provide plenty of reliable renewable energy, but providers will have to overcome several significant challenges. Solar and wind have emerged as the world's main clean-energy alternatives, and countries are investing tens of billions of dollars in developing these two energy sources. Despite being somewhat overlooked amids the focus on wind and solar, geothermal can also deliver clean and reliable energy. However, geothermal energy is often limited by geographical constraints and high costs, making it difficult for utilities to tap into the massive energy source. Solar and wind are intermittent in nature, but geothermal energy…

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