SYDNEY, AUSTRALIA : Commercialization is an important tool in the arsenal of Pacific state-owned utilities as they seek to decarbonize and mitigate climate change-related risks, according to a new Asian Development Bank (ADB) report. Finding Balance 2023: Benchmarking Performance and Building Climate Resilience in Pacific State-Owned Enterprises compares the performance of state-owned enterprises (SOEs) in […]
Siemens Gamesa warns coronavirus will keep squeezing 2020 finances
That profitability gauge had stood at 7.5 per cent a year earlier. The company’s bottom line also turned to a net loss in the quarter, but Chief Executive Marcus Tacke said he still believed it had good long-term prospects Wind turbine maker Siemens Gamesa said on Wednesday that project delays and supply chain disruptions caused […]
World nations failing the poorest on energy goals: study
More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not enough to meet global development goals, according to a report released Wednesday. Furthermore, efforts to cut pollution from cooking food and promote renewable power for heat and transportation are likewise […]
