John Kerry, US Special Presidential Envoy for Climate, faces backlash for his comments linking the Ukraine war to climate change, advocating for green energy in Africa, and criticizing the First Amendment. This article details the controversial statements and the ensuing public reaction.
Adani Group announces record-breaking financial results for the first half of fiscal year 25 (H1 FY25) and trailing twelve months (TTM), driven by strong performance in core infrastructure and emerging green energy businesses. EBITDA reached record highs, exceeding expectations and showcasing robust financial health.
The Biden administration has outlined a comprehensive plan to significantly boost the U.S.’s nuclear energy capacity, aiming to triple it from 2020 levels by 2050. This initiative seeks to reach 200 gigawatts (GW) of net nuclear capacity, emphasizing the crucial role nuclear power plays in achieving net-zero greenhouse gas emissions and tackling the climate crisis.
DMEGC Solar has achieved a significant milestone by becoming the first company in the photovoltaic industry to receive the ISO 14068 Organizational Carbon Neutrality Achievement Verification Statement from TÜV SÜD. Three of its factories have also achieved 100% green energy consumption, demonstrating the company’s commitment to sustainability and environmental responsibility.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has urged the Ministry of Railways to explore using green hydrogen to power trains on the Kalka-Shimla railway, a UNESCO World Heritage site. This move aligns with the state’s ambitious goal of becoming a green energy state by 2026. The state is pursuing a six-pronged strategy for this transition, including significant investments in solar power generation.
Sermatec, a leading energy storage provider, and Upsolar Greece, a prominent solar solutions provider, have announced a strategic partnership to deliver comprehensive clean energy solutions to Greece and the Balkan region. This collaboration aims to accelerate the region’s energy transition by combining cutting-edge solar power generation and advanced energy storage technologies.
Billionaire investor John Paulson, a close confidante of former President Donald Trump, has unveiled his plans to slash federal spending if appointed Treasury Secretary in a potential Trump administration comeback. Paulson aims to collaborate with Elon Musk on eliminating subsidies for green energy initiatives, including those included in the Inflation Reduction Act. This move aligns with Musk’s push for a ‘Department of Government Efficiency’ to streamline federal spending.
EverWind Fuels, a leading green hydrogen developer, has received a significant $22.5 million investment from the Government of Canada to transform its Point Tupper Terminal into a major green energy hub. The funding will support the development of critical infrastructure for handling green hydrogen and ammonia, positioning Atlantic Canada as a key player in the global green energy transition.
CHINT, a global leader in intelligent energy solutions, hosted its 40th Anniversary Celebration at the Ou River Summit in Wenzhou, China, showcasing its commitment to sustainable development and innovative technologies for the electric power and green energy industries. The summit brought together industry leaders, experts, and investors to discuss strategies for promoting green energy solutions and fostering collaboration between China, Europe, and Africa.
NuScale Power Corp’s stock has surged over 100% in the past month, making it a hot ticket in the Russell 2000. This surge is driven by investor enthusiasm for the company’s Small Modular Reactor (SMR) technology, a potential game-changer in the green energy landscape. However, questions remain about the sustainability of this rally and NuScale’s ability to overcome challenges such as high cash burn and funding needs. This article delves into the factors driving NuScale’s recent growth, explores the potential risks and rewards, and examines whether the stock is poised for further gains or nearing its peak.
