renewable energy

Europe keeps setting clean-energy records

2 days ago admin2 0
This week, two of the biggest economies in Europe set new records for clean energy. The UK’s electrical grid has not burned any coal for about 1,000 hours so far this year. Though it’s just a symbolic achievement, the pace at which the UK is reaching such figures shows the pace of the energy transition. Read More

With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap

1 month ago admin2 Comments Off on With $2.5 billion of M&As in 2018, India’s renewables sector is set for a leap
In just the first half of the year, India’s booming renewable energy sector has seen merger and acquisition (M&A) deals worth over $2.5 billion (around Rs16,631 crore). In April, ReNew Power, India’s largest renewable energy company, acquired New Delhi-based Ostro Energy for around $1.5 billion, what has been the biggest such deal in the country Read More

The world set a new record for renewable power in 2017, but emissions are still rising

1 month ago admin2 Comments Off on The world set a new record for renewable power in 2017, but emissions are still rising
In 2017, the world deployed an ever-expanding amount of solar and wind power, setting a new record for renewable-power capacity added to the grid. In fact, the money spent on renewable installations was more than twice the sum spent on nuclear and fossil-fuel power, according to the annual Global Status Report published by renewables policy Read More

Why a 100-year-old Indian company is investing billions into renewable energy

2 months ago admin2 Comments Off on Why a 100-year-old Indian company is investing billions into renewable energy
Tata Power, one of India’s largest thermal power companies, is making a $5 billion bet on the country’s renewable energy sector. Over the next decade, the 103-year old company plans to quadruple its clean energy capacity, taking it from around 3,417 megawatts (MW) now to around 12,000 MW. The company currently has a total installed Read More

Softbank Eyes Carbon Emissions Cuts with Green Energy Blockchain Pilot

3 months ago admin2 Comments Off on Softbank Eyes Carbon Emissions Cuts with Green Energy Blockchain Pilot
In bid to reduce carbon emissions, a group of Japanese technology and energy firms is launching a pilot project aimed to allow consumers in rural areas to trade renewable energy over a blockchain-based platform. Scheduled to start in June this year and endorsed by Japan’s Ministry of the Environment, the project will be supervised by Read More

Poor countries are investing a lot more than rich countries in renewable energy

3 months ago admin2 Comments Off on Poor countries are investing a lot more than rich countries in renewable energy
There are a few things to celebrate in a new report from the United Nations. In 2017, global investment in renewable energy grew 2% from last year to $280 billion. New renewable-power capacity added in 2017 (143 GW) far outstripped new fossil-fuel power capacity (70 GW). But those optimistic figures belie a more troubling complete Read More

MyBit Partners With Alpine to Bring Sustainable Cryptocurrency Mining to Investors

6 months ago admin2 Comments Off on MyBit Partners With Alpine to Bring Sustainable Cryptocurrency Mining to Investors
MyBit, an open source decentralised platform, has announced that it has teamed up with sustainable cryptocurrency mining company, Alpine Mining. MyBit is aiming to be a first-class platform by giving users the opportunity to invest in smart, Internet of Things (IoT) devices on the ethereum blockchain. “There’s a lot of excitement around the Internet of Read More

Tesla just officially turned on one of the world’s largest batteries

8 months ago admin2 Comments Off on Tesla just officially turned on one of the world’s largest batteries
What started as a bet on Twitter by Tesla CEO Elon Musk is now a massive battery storing and dispatching power for South Australia. After blackouts darkened the entire region in 2016, the government needed a fix. Past solutions, such as natural gas “peaker” plants that spin up during periods of high demand, can take Read More

Is “Zero-Waste” Bitcoin Mining Achievable?

8 months ago admin2 Comments Off on Is “Zero-Waste” Bitcoin Mining Achievable?
Mining Mining is an essential but energy-intensive means of securing the bitcoin network. It is thanks to this process that millions of strangers can transact with complete trust, safe in the knowledge that the information stored on the blockchain is true. Despite this, the energy costs of bitcoin mining have come under scrutiny, prompting calls Read More