Market News - Page 154 of 342 - New Energy Events

UN weather agency: millions affected by climate change and extreme weather in Latin America and Caribbean
August 17, 2021
Climate-related and geophysical events resulted in the loss of 312,000 lives and directly affected more than 277 million people in Latin America and the Caribbean, a new report released by the World Meteorological Organization (WMO) revealed on Tuesday. Source
The latest Haiti earthquake was more powerful than the devastating quake in 2010
August 17, 2021
The earthquake that struck Haiti on Saturday morning occurred on the same system of faults as the one that devastated the capital, Port-au-Prince, in January 2010. And the previous quake almost certainly made this one more likely to occur. Both quakes struck on an east-west fault line at the convergence of two tectonic plates, large segments of the […]
Development floating offshore hydrogen production plant South Korea
August 13, 2021
A South Korean consortium involving state research bodies and private companies has been launched to develop a floating offshore plant using wind power to produce hydrogen. The consortium aims to build a 1.0-megawatt pilot plant in 2022 before developing and demonstrating a gigawatt-class plant in 2030. The consortium led by Korea Maritime & Ocean University […]
For many, hydrogen is the fuel of the future. New research raises doubts.
August 13, 2021
Industry has been promoting hydrogen as a reliable, next-generation fuel to power cars, heat homes and generate electricity. But a new peer-reviewed study on the climate effects of hydrogen, the most abundant substance in the universe, casts doubt on its role in tackling the greenhouse gas emissions that are the driver of catastrophic global warming, as reported by […]
Caribbean must work towards renewable energy – Guyanese Minister Vickram Bharrat
August 13, 2021
Combating climate change and managing ecosystems for future generations has led to calls from Natural Resources Minister, Vickram Bharrat for the Caribbean to adopt renewable energy policies and other sustainable efforts. The Caribbean Academy of Sciences in collaboration with the University of Guyana’s 22nd biennial conference brings into focus the necessity of renewable energy and […]
Ormat wins contract for San Jacinto geothermal plant expansion
August 13, 2021
Polaris Infrastructure Inc. announced today that it has signed a definitive agreement with a wholly subsidiary of Ormat Technologies Inc. for the supply of a 10 MW (net) Binary Unit at its San Jacinto geothermal power plant in Nicaragua . The additional Binary Unit is in response to Polaris’ previously announced December 2020 extension of the Power Purchase Agreement […]
Hydrogen plan isn’t very green under U.S. infrastructure deal
August 4, 2021
Building a hydrogen-based energy system in the U.S., which some analysts call key to fighting climate change, would be based largely on fossil fuels under the bipartisan infrastructure bill heading for a Senate vote. The legislation provides for $8 billion in spending to establish at least four “regional clean hydrogen hubs” producing and using the […]
Giga-scale green hydrogen: ‘Developers are being unrealistic about levelized costs’
August 4, 2021
Recent announcements such as the $70bn, 28GW Western Green Energy Hub in Australia, the 15GW Oman project or the relatively meagre 4GW Helios project in Saudi Arabia and HNH in Chile have captured the headlines but there is one interesting point they all have in common. Each project’s estimated levelised cost of hydrogen works out […]
AI company studies distributed green hydrogen for fleet decarbonization
August 4, 2021
Artificial Intelligence company Empati has commissioned Black & Veatch to study the feasibility of using distributed production of green hydrogen to fuel vehicle fleets. The company says that hydrogen is a proven vehicle fuel and that green hydrogen offers fleet operators a route to achieving decarbonisation targets. The convention is for centralized hydrogen production, then […]