NewsRoom Articles - Page 39 of 79

MondayMar 25, 2024 9:00 am

How Geopolitical Shifts Could Impact Net-Zero Ambitions, Energy Sovereignty

Recent geopolitical events have left many countries worldwide questioning the sustainability of allowing volatile international politics and external factors affect their energy security. The past couple of years have underscored just how vulnerable the global-energy supply chain is to geopolitical events and shown countries that they will have to fortify their supply chains. Russia’s invasion of Ukraine in 2022 was a major wake-up call for some of the largest economies on the globe. With many European nations condemning the attack and calling for the Kremlin to withdraw from Ukraine, Russia cut natural gas supplies to the rest of Europe and…

FridayMar 22, 2024 9:00 am

Arizona Project to Showcase Combination of Solar, Batteries in Grid Stability

A renewable energy project in the Arizona desert is combining a massive solar farm with a stationary energy-storage solution to generate solar energy during peak sunlight hours, store that energy in batteries and then discharge it back to the grid during peak consumption hours. Helmed by Danish company Orsted in partnership with local utility firm Salt River Project (SRP), the project seeks to solve a critical problem in the nascent renewable energy space. The problem? Solar and wind power can only be generated when the sun shines and the wind blows. Unfortunately, this means that peak green-energy generation typically occurs…

WednesdayMar 20, 2024 9:00 am

Vision Marine Technologies Inc. (NASDAQ: VMAR) Unveils New E-Boat Model, Names New CFO in Preparation for Industry Growth

The global electric boats market is forecast to more than double in size, increasing from $3.3 billion in 2023 to $7.7 billion by 2030 Vision Marine’s unveiling of its newest e-boat offering, the Phantom, couldn’t have come at more opportune time The company’s new chief financial officer brings invaluable expertise and insight in manufacturing, production and delivery As the electric boat sector is projected to double in value in the next few years, companies operating in the industry are positioning themselves to meet — and even exceed — the expectations this growth could create. For example, Vision Marine Technologies (NASDAQ:…

WednesdayMar 20, 2024 9:00 am

Exploring Social Benefits of Switching to Renewable Energy

Significant advancements in solar and wind energy coupled with ecofriendly policies have made renewable energy incredibly affordable and available over the past couple of decades. The resulting surge in renewable energy adoption in major polluting nations such as the United States and China has led to major environmental, economic and social benefits. Data shows that renewable energy production reached more than 8,000 terawatt hours of electricity in 2022, 198% more than the renewable energy produced in 2000. Nations are investing in and producing more clean energy than ever before, largely thanks to the reduction in the cost of renewables. Solar…

TuesdayMar 19, 2024 10:30 am

Correlate Energy Corp. (CIPI) Targets the U.S. Zero Operating Emissions Market

Correlate Energy, a publicly traded distributed energy solutions company, has positioned itself as the go-to company given the federal government’s push for greener buildings The government’s proposed definition of zero operating emissions buildings, seeks consistency with a framework for long-term goal-setting Correlate understands these changing tides and, through its three-pronged strategy, offers building owners and management the most technologically efficient and cost-effective ways to go green Correlate Energy (OTCQB: CIPI), a publicly traded company positioned to capitalize on America’s move toward efficient energy sourcing and use, is aware of the growing pressure for buildings to become more energy efficient. This…

MondayMar 18, 2024 9:00 am

French Town to Generate Solar Energy from Cemetery

The French town of Saint-Joachim intends to use solar panels installed over the cemetery to generate clean energy and distribute it to the townspeople. Currently under construction, the solar-canopy panel will serve a practical function on top of providing the town with clean solar energy. Located right in the center of a massive peat bog called the Briere Marsh, Saint Joachim regularly experiences flooding in its lowlands during the winter. The original cemetery was located six meters above sea level, but the town outgrew the property five decades ago and created a new one east of Saint-Joachim’s main island at…

FridayMar 15, 2024 9:00 am

Turbo Energy (NASDAQ: TURB) Aligned with Rising EU and U.S. Renewable Energy Targets

EU raised 2030 binding renewable energy target to a minimum of 42.5%, aims to become climate-neutral by 2050 U.S. set goal of 100% clean energy by 2035 TURB aligned with renewable energy shift with Sunbox Home and Sunbox Industry TURB’s all-in-one systems leverage AI to improve efficiency, prevent price shocks, and maximize cost savings Turbo Community allows members with large PV installations to gain ownership of production, store extra power, and sell energy to market The European Union recently raised its 2030 binding renewable target to a minimum of 42.5% with the aim of reaching 45% and becoming a climate-neutral…

FridayMar 15, 2024 9:00 am

The US Electric Grid Ill-Equipped for Green-Energy Revolution

American efforts to transition from fossil fuels to green alternatives such as solar and wind may ultimately be hampered by the country's ill-equipped power grid. While the United States has made significant efforts to limit its reliance on coal, oil and natural gas in power generation, experts have long warned that the electric grid will not be able to handle an influx of green energy, especially in line with the ambitious green-energy goals set forth by the Biden administration. According to a significant number of energy analysts and experts, America's electric grid won't be able to handle the surge in…

WednesdayMar 13, 2024 9:00 am

New Report Explores Barriers to Clean-Energy Transition

America plans to reduce its emissions by eliminating fossil fuels from energy generation and replacing fossil fuel-dependent technology with alternatives that run on renewable energy. Certain policy measures including the 2022 Inflation Reduction Act (IRA) have reduced clean-energy prices to such a degree that renewables now cost the same as generating energy from combusting fossil fuels. Although making green energy as affordable as fossil-fuel energy is a major step toward achieving a carbon-free economy, a new report has highlighted noncost factors that are slowing down green energy adoption in the United States. After analyzing different modeling scenarios, the Clean Investment…

TuesdayMar 12, 2024 9:00 am

Growing Emphasis on Environmental Stewardship Boosts Correlate Energy Corp. (CIPI)’s Distributed Energy Solutions

Amid a politicized backlash over corporate ESG responsiveness, investors are increasingly focusing on the E element in the acronym — environmental transitioning Distributed energy solutions company Correlate Energy Corp. is an environmental stewardship-responsive company helping clients to adopt microgrid and clean energy strategies The company recently completed the installation of an emission-reducing rooftop solar power project, billed as the largest such facility in Illinois Correlate’s installation is expected to reduce about 18,849 tons of carbon dioxide over the next 20 years while providing about 20 to 25 percent of the facility’s overall needs Global asset manager giant BlackRock’s recent decision…

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