NTT will provide electricity by using power saved in batteries at the 7,300 buildings it owns and will purchase power from others, the report said. Nippon Telegraph and Telephone Corp will spend about 600 billion yen ($5.5 billion) to build power distribution networks, the Nikkei newspaper reported, without citing its sources.In a rare move for […]
Investors with $34 trn demand action on climate change ahead of G20 summit
Almost 200 nations agreed in Paris in 2015 to limit the global average temperature rise to well below 2 degrees Celsius above pre-industrial times Investors managing more than $34 trillion in assets, nearly half the world’s invested capital, are demanding urgent action from governments on climate change, piling pressure on leaders of the world’s 20 […]
No Planet B, say teen activists as 1.8 mn join global climate change strike
Thunberg, 16, said the threat of societal breakdown posed by runaway climate change should overshadow every other campaign issue in the European Union’s parliamentary elections Swedish teenage activist Greta Thunberg urged European politicians on Friday to focus on a climate crisis instead of “bickering”, as children walked out of classes around the world to back […]
China’s $18 billion electric-car market at risk. Will the bubble burst?
There are now 486 EV manufacturers registered in China, more than triple the number from two years ago An iPhone assembler, e-commerce emporium and real-estate developer typically don’t compete in the same business — except when it comes to electric vehicles in China. That’s because of a seismic shift toward EVs, which has spurred billions […]
Rolls-Royce, ABB Ink Pact to Provide Microgrid Solutions
The two companies joined hands on microgrid solutions that integrate digital technology and efficient hybrid power systems. ABB and Rolls-Royce had entered into a global partnership on microgrid technology and advanced automation. As per the deal, the two companies will offer an innovative, energy-efficient microgrid solution for utilities, commercial and industrial entities. The microgrid provides […]
BATTERY POWER’S LATEST PLUNGE IN COSTS THREATENS COAL, GAS
Lithium-ion batteries and offshore wind both see dramatic gains in competitiveness during the last year compared to longer-established energy options London and New York: Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the […]
