Adds 1.2 GW to blue hydrogen plant by 2030. Targets over half of UK 5-GW target with partners.FID dependent on strong policy framework. Norway’s state-controlled energy company Equinor has upped its plans for developing low-carbon hydrogen in the UK, tripling its target to 1.8 GW of production and aiming to deliver with partners over half […]
Asia’s Richest Man Says ‘No Option’ But to Make Businesses Green
Mukesh Ambani, Asia’s richest man, plans to transform each of the units under his refining-to-retail conglomerate to create a sustainable business model as Reliance Industries Ltd. chases a net carbon-zero goal by 2035. “We have no option as a society, as a business but to really adopt a sustainable business model,” Ambani told Bloomberg Television’s […]
Egypt Planning $4Bn Green Hydrogen Gas Project
The Ministry of Electricity and Renewable Energy has set a goal for 42 percent of the total energy produced in Egypt to be sourced from renewables by 2035. CAIRO: Egypt is planning to invest up to $4 billion in a project to generate green hydrogen gas through water electrolysis, according to the Egyptian Minister of […]
Toyota Aims to Make Its Factories Carbon Neutral By 2035: Chief Production Officer Masamichi Okada
Toyota has said in recent years that electric vehicles (EVs) will play a greater role in reducing emissions but other solutions should be used, like its successful hybrid or slow-selling hydrogen vehicles. Toyota Motor Corp will aim to make all its global factories carbon neutral by 2035, a senior executive said on Friday, pulling forward […]
First Bus to Transform Caledonia Depot Into EV Charging Hub
First Bus is hoping to transform the Glasgow depot into the UK’s largest electric vehicle charging hub, with the first phase of the project scheduled to be completed this year. Work has begun on a new project by First Bus that will transform its Glasgow Caledonia bus depot into the UK’s largest electric vehicle (EV) […]
Kuwait’s MEW Plans Eight Power Plants to Produce 17,300 MW of Electricity
Bid to meet energy demands of new cities. KUWAIT CITY: A report issued by the Ministry of Electricity, Water and Renewable Energy revealed a plan that includes the establishment of eight future plants to produce 17,300 megawatts to ensure the country’s needs of electricity and water in the face of the “Kuwait 2035” Vision and […]
RIL May Go Big in its New Energy Business Amid Climate Concerns
As environmental concerns regain momentum across the globe and companies are setting carbon neutral targets, oil-to-telecom major Reliance Industries (RIL) plans to give a major push to its new energy and new materials business. New Delhi: As environmental concerns regain momentum across the globe and companies are setting carbon neutral targets, oil-to-telecom major Reliance Industries […]
Tesla Teams Up With Ontario to Bring 17 Electric Vehicle Chargers Downtown
Construction is soon to start on a parking structure near the corner of Lemon Avenue and C Street in downtown Ontario as seen on Friday, May 28, 2021. The $10 million structure will have 17 electric-vehicle charging stations made by Tesla when it is completed in spring 2022. When considering revitalizing an aging downtown, a […]
U.S. Lawmakers Make Push For Electric Vehicles, Charging Stations
U.S. lawmakers are unveiling a revised version of their bill dubbed the “Electric Vehicle Freedom Act” to create a network of high-speed charging stations within five years along the public roads of the national highway system in the United States. U.S. lawmakers are pushing for tens of billions of dollars in funding to shift to […]
Renewables Buildout to Fall Short of Biden’s Climate Goal
The U.S. probably will fall short of President Joe Biden’s goal of decarbonizing the power system by 2035 even though the nation is on track to almost triple wind and solar capacity over the next 10 years. That’s the assessment of a report Friday from BloombergNEF, which hosts its annual summit in New York next […]
