Tag #Clean Energy

Showing 37 to 48 of 246 results

africa.chinadaily.com.cn

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Jul 25, 04:12

SCO Dialogue Highlights China's Green Energy Success, Spurs Alliance Proposal

At the 2025 SCO Inter-Civilizational Dialogue in Tianjin, China's exceeding its 2030 wind and solar power target by reaching 1.25 billion kilowatts in 2024, six years ahead of schedule, along with examples of successful green energy projects in Uzbekistan and Tianjin, spurred discussions on establis...

SCO Dialogue Highlights China's Green Energy Success, Spurs Alliance Proposal

At the 2025 SCO Inter-Civilizational Dialogue in Tianjin, China's exceeding its 2030 wind and solar power target by reaching 1.25 billion kilowatts in 2024, six years ahead of schedule, along with examples of successful green energy projects in Uzbekistan and Tianjin, spurred discussions on establis...

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What are the key takeaways from China's exceeding its 2030 renewable energy target and how does it impact the SCO's potential for green energy cooperation?

China's exceeding its 2030 wind and solar power target by 2024, reaching 1.25 billion kilowatts, showcases its commitment to green energy and presents substantial cooperation opportunities within the SCO. This achievement, six years ahead of schedule, highlights the potential for collaborative green technology development among member states. The initiative to create a green technology R&D alliance underscores this potential.

theguardian.com

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Jul 25, 07:13

Fortescue Cancels Major Green Hydrogen Projects

Fortescue Metals Group cancelled two major green hydrogen projects—a US$550 million Arizona facility and Queensland's Gladstone PEM50 plant (8,000 tonnes annual capacity)—citing a shift in US renewable energy policy and a strategic focus on cost-effective hydrogen production technologies.

Fortescue Cancels Major Green Hydrogen Projects

Fortescue Metals Group cancelled two major green hydrogen projects—a US$550 million Arizona facility and Queensland's Gladstone PEM50 plant (8,000 tonnes annual capacity)—citing a shift in US renewable energy policy and a strategic focus on cost-effective hydrogen production technologies.

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How did the change in US policy priorities and technological advancements contribute to Fortescue's decision?

The cancellations highlight challenges in the green hydrogen sector, influenced by fluctuating government policies and technological advancements. Fortescue's decision to abandon electrolyser technology in favor of more cost-effective alternatives reflects industry-wide issues of economic viability and technological competitiveness. This is coupled with the impact of the Trump administration's shift away from renewable energy in the US, which impacted the feasibility of the Arizona project.

europe.chinadaily.com.cn

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Jul 24, 07:15

China's Clean Energy Boom: Domestic Success Fuels Global Transition

In 2024, China's clean energy sector contributed over 10 percent to its GDP, generating $1.9 trillion in economic output and exporting $177 billion worth of clean energy technologies globally, primarily to the Middle East, Africa, South Asia, and Europe, significantly impacting the global energy tra...

China's Clean Energy Boom: Domestic Success Fuels Global Transition

In 2024, China's clean energy sector contributed over 10 percent to its GDP, generating $1.9 trillion in economic output and exporting $177 billion worth of clean energy technologies globally, primarily to the Middle East, Africa, South Asia, and Europe, significantly impacting the global energy tra...

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What is the immediate economic impact of China's clean energy sector on both its domestic economy and the global energy transition?

China's clean energy sector significantly boosted its GDP in 2024, contributing over 10 percent and generating $1.9 trillion in output, surpassing real estate in sales value. This success is driven by both domestic investment and substantial exports of clean technologies, totaling $177 billion in 2024, mainly to the Middle East, Africa, South Asia, and Europe.

smh.com.au

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Jul 24, 10:13

Uranium American Resources Secures Funding, Finalizes Acquisition, and Positions for US Nuclear Energy Growth

Uranium American Resources (UARI) finalized an US\$8.5 million acquisition of US uranium and vanadium projects, secured US\$3.5 million in funding at a 75% premium, and changed its stock ticker symbol to UARI, positioning itself for growth in the resurgent US nuclear energy sector.

Uranium American Resources Secures Funding, Finalizes Acquisition, and Positions for US Nuclear Energy Growth

Uranium American Resources (UARI) finalized an US\$8.5 million acquisition of US uranium and vanadium projects, secured US\$3.5 million in funding at a 75% premium, and changed its stock ticker symbol to UARI, positioning itself for growth in the resurgent US nuclear energy sector.

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How did Uranium American Resources' proactive acquisitions during a period of low uranium prices contribute to its current strategic advantage?

The company's strategic acquisitions, completed during a market downturn, are now highly valuable due to increased global demand for nuclear energy and supportive US government policies. The significant premium paid for the recent funding round reflects investor confidence in UARI's future.

smh.com.au

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Jul 23, 10:16

Woodside Scraps US Hydrogen Project After Trump's Tax Cut

Woodside Energy, Australia's largest oil and gas company, abandoned its $US140 million H2OK liquid hydrogen project in Oklahoma due to increased production costs and weak demand, following Donald Trump's decision to cut US tax breaks for green technologies.

Woodside Scraps US Hydrogen Project After Trump's Tax Cut

Woodside Energy, Australia's largest oil and gas company, abandoned its $US140 million H2OK liquid hydrogen project in Oklahoma due to increased production costs and weak demand, following Donald Trump's decision to cut US tax breaks for green technologies.

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What is the immediate impact of Donald Trump's decision to slash tax breaks for green technologies on Woodside's US clean energy investments?

Woodside, Australia's largest oil and gas company, abandoned its US-based H2OK liquid hydrogen project, incurring a $US140 million loss. This decision follows Donald Trump's rollback of green technology tax breaks, citing increased production costs and lower-than-anticipated customer demand.

corriere.it

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Jul 22, 19:15

Clean Energy Dominates Investment, but Uneven Transition Requires Urgent Action

In 2023, renewable energy sources dominated new electricity generation capacity, attracting \$2 trillion in investment, exceeding fossil fuel investment by \$800 billion; however, an uneven transition necessitates six key actions for equitable and accelerated progress.

Clean Energy Dominates Investment, but Uneven Transition Requires Urgent Action

In 2023, renewable energy sources dominated new electricity generation capacity, attracting \$2 trillion in investment, exceeding fossil fuel investment by \$800 billion; however, an uneven transition necessitates six key actions for equitable and accelerated progress.

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How can the clean energy transition address energy poverty and promote equitable development globally?

The shift towards clean energy offers economic advantages, energy security (reducing reliance on volatile fossil fuel markets), and opportunities for development (electrifying underserved areas). However, the transition is uneven, leaving developing nations behind and failing to meet the pace needed to address climate change.

europe.chinadaily.com.cn

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Jul 25, 04:12

SCO Dialogue Highlights China's Renewable Energy Success, Spurs Green Tech Collaboration

At the 2025 SCO Inter-Civilizational Dialogue in Tianjin, China's exceeding its renewable energy target six years early (reaching 1.25 billion kilowatts of wind and solar capacity by 2024) spurred discussions on expanding green technology cooperation among member states, with initiatives such as Chi...

SCO Dialogue Highlights China's Renewable Energy Success, Spurs Green Tech Collaboration

At the 2025 SCO Inter-Civilizational Dialogue in Tianjin, China's exceeding its renewable energy target six years early (reaching 1.25 billion kilowatts of wind and solar capacity by 2024) spurred discussions on expanding green technology cooperation among member states, with initiatives such as Chi...

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How do specific examples from China and Uzbekistan illustrate the potential for collaboration in clean energy and green technologies within the SCO framework?

The SCO Inter-Civilizational Dialogue emphasized the complementary resources and technological advantages among member countries for green energy development. China's early achievement of its renewable energy goal, coupled with initiatives like the Charging Piles into Communities project and China Energy International's Uzbekistan projects, illustrate practical steps toward regional collaboration. The July 3rd approval of the Initiative of SCO Member States on Strengthening Cooperation for Sustainable Development further solidifies this commitment.

africa.chinadaily.com.cn

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Jul 24, 07:15

China's Clean Energy Boom: \$1.9 Trillion Sector Drives Global Transition

China's clean energy sector boomed in 2024, contributing over 10% to its GDP and generating \$1.9 trillion in output; the country exported \$177 billion in clean energy technologies and invested \$60 billion in overseas factories, significantly impacting global energy transitions, particularly in em...

China's Clean Energy Boom: \$1.9 Trillion Sector Drives Global Transition

China's clean energy sector boomed in 2024, contributing over 10% to its GDP and generating \$1.9 trillion in output; the country exported \$177 billion in clean energy technologies and invested \$60 billion in overseas factories, significantly impacting global energy transitions, particularly in em...

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What is the immediate economic impact of China's dominance in clean energy manufacturing, both domestically and globally?

In 2024, China's clean energy sector contributed over 10% to its GDP, generating \$1.9 trillion in output and surpassing real estate in sales. Chinese companies exported \$177 billion in clean energy technologies and committed \$60 billion to overseas factories, potentially yielding \$110 billion annually.

africa.chinadaily.com.cn

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Jul 24, 07:15

BRI Investments Surge to Record $124 Billion in First Half of 2025

In the first half of 2025, China's Belt and Road Initiative investments reached a record $124 billion, with energy cooperation leading at $42 billion (double the 2024 figure), and technology/manufacturing investments exceeding $23.2 billion; this involved installing 11.9 gigawatts of green energy.

BRI Investments Surge to Record $124 Billion in First Half of 2025

In the first half of 2025, China's Belt and Road Initiative investments reached a record $124 billion, with energy cooperation leading at $42 billion (double the 2024 figure), and technology/manufacturing investments exceeding $23.2 billion; this involved installing 11.9 gigawatts of green energy.

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How does China's approach to development partnerships in the BRI differ from other models, and what are the benefits beyond economic gains?

The BRI's success is evident in its substantial economic impact, exceeding expectations with record-breaking investments in 2025. This growth is particularly strong in clean energy and technology sectors, signifying a shift towards sustainable development. The model emphasizes mutual gain and avoids political conditions, fostering long-term partnerships.

smh.com.au

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Jul 24, 10:13

Forrest Cancels Hydrogen Projects Amid Trump's Anti-Green Energy Policies

Andrew "Twiggy" Forrest's Fortescue Metals Group cancelled two hydrogen projects—a \$550 million Arizona plant and a \$140 million Queensland plant—due to the Trump administration's anti-green energy policies and high production costs, resulting in a \$150 million pre-tax writedown.

Forrest Cancels Hydrogen Projects Amid Trump's Anti-Green Energy Policies

Andrew "Twiggy" Forrest's Fortescue Metals Group cancelled two hydrogen projects—a \$550 million Arizona plant and a \$140 million Queensland plant—due to the Trump administration's anti-green energy policies and high production costs, resulting in a \$150 million pre-tax writedown.

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What are the immediate consequences of the Trump administration's policy changes on green energy investments, and how does this impact Australia's green hydrogen ambitions?

Andrew "Twiggy" Forrest cancelled a US \$550 million hydrogen project due to the Trump administration's shift away from green energy, impacting clean energy investments. This follows the termination of another \$140 million Australian project, resulting in a \$150 million pre-tax writedown for Fortescue Metals Group.

tr.euronews.com

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Jul 22, 22:14

Renewable Energy Capacity Soars to Record High in 2024

The UN reports that renewable energy, especially solar and wind, is now the cheapest and fastest option for new energy production, with 2024 seeing a record 582 gigawatts of new capacity added globally, exceeding fossil fuel additions on nearly every continent.

Renewable Energy Capacity Soars to Record High in 2024

The UN reports that renewable energy, especially solar and wind, is now the cheapest and fastest option for new energy production, with 2024 seeing a record 582 gigawatts of new capacity added globally, exceeding fossil fuel additions on nearly every continent.

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What is the global significance of the record-breaking growth in renewable energy capacity additions in 2024?

According to the UN, in 2024, global renewable energy capacity additions reached 582 gigawatts, a 20% increase from 2023 and the largest annual expansion ever recorded. Almost all new energy capacity globally came from renewables, with nearly every continent adding more renewable energy capacity than fossil fuels last year.

theglobeandmail.com

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Jul 22, 16:15

Q2 Canadian Tech, Utilities, and Mining Sector Earnings Previews

RBC Capital Markets and CIBC analysts released Q2 earnings previews for Canadian tech and utility sectors, respectively, showing sustained demand for tech and varied results for utilities, while Scotiabank highlighted AI's monetization trends with Google well-positioned. BMO's mining analysis indica...

Q2 Canadian Tech, Utilities, and Mining Sector Earnings Previews

RBC Capital Markets and CIBC analysts released Q2 earnings previews for Canadian tech and utility sectors, respectively, showing sustained demand for tech and varied results for utilities, while Scotiabank highlighted AI's monetization trends with Google well-positioned. BMO's mining analysis indica...

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Industry, Innovation, and Infrastructure

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How did US clean energy policies and tariffs affect the Canadian utility sector's performance expectations in Q2?

The Canadian tech sector showed resilience in Q2, with valuations rebounding due to sustained demand. In the utilities sector, evolving US policies are impacting growth outlooks, leading to varied expectations for power companies. Mining equities saw a strong Q2, driven by copper's price recovery despite initial downturn, but production challenges affected some companies' performance.

Showing 37 to 48 of 246 results