Monday, 20 January 2025

Focus on Electricity

FILE PHOTO: China's President Xi Jinping speaks at the "Senior Chinese Leader Event" held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 15, 2023.  REUTERS/Carlos Barria/Pool/File Photo
AnalysisEconomyElectric Vehicles (EVs)ElectricityIn-DepthPoliticsTrade

Xi’s trip to Europe may lay bare West’s divisions over China strategy

Chinese President Xi Jinping heads to Europe at a time when the EU is threatening to hammer China's EV and green energy industries...

FILE PHOTO: A drone view shows the Argentine Modular Elements Power Plant (CAREM), which is the small modular reactor (SMR) project at the most advanced stage of construction worldwide, in Lima, on the outskirts of Buenos Aires, Argentina August 1, 2023. CNEA/Handout via REUTERS/File Photo
EconomyNewsNuclear PowerPolitics

Argentina budget cuts hit nuclear energy ambitions, atomic body says

Argentina's small module reactor project under threat, says nuclear body, with no budget increase under President Javier Milei's cost-cutting measures.

BusinessElectricityInfrastructureNewsTransmission

Quanta Services lifts annual forecasts on strong power demand

Construction engineers Quanta Services revenue grows as US pushes for better infrastructure to cope with EVs and data centers.

FILE PHOTO: A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo
BusinessNewsWind

Wind farm developer Ørsted confident after Q1 profit rises

Danish offshore specialists Ørsted Q1 profits boosted by higher earnings and ramping up efforts in Taiwan and New York.

The wind energy sector is plagued by numerous problems, such as soaring interest rates, rising material costs and supply chain disruptions. (AFP)
BusinessNewsWind

Wind energy giant Vestas swings to loss in first quarter

'Continued geopolitical volatility' blame for Vestas first quarter results showing €75m loss.

Oladapo Adekunle, an engineer with Rensource Energy, installs solar panels on a roof of a house in Lagos, Nigeria, Thursday, March 21, 2024. Funding for climate tech startups in Africa from the private sector is growing, but there's still a long way to go. (AP Photo/Sunday Alamba)
AnalysisBusinessElectricityFinanceIn-Depth

More money going to African climate startups, but huge gap remains

In Africa, climate funding has raised $3.4 billion – but it's going to need $277 billion a year to meet 2030 goals. Where...

Miniatures of solar panel and electric pole are seen in front of First Solar logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsSolar

First Solar posts higher quarterly profit on strong demand

First Solar profits up after market boosted by tax credits and a limit on Chinese imports under Biden administration.

A Breakthrough Institute report suggests concerns about the impacts of mining for materials needed for clean technologies are overblown. Photo by omid roshan on Unsplash
AnalysisCoalCritical MineralsElectricityEnvironmentMineralsMiningNatural GasNuclear PowerReportsSolarStorageWind

Breakthrough Institute report: What is the true mining footprint of clean energy?

Breakthrough Institute: A rational comparison of the metal and mining footprints of clean electricity technologies — contrasted with the material requirements of fossil...

U.S. Sen. Edward Markey (D-MA) speaks during a press conference addressing a new policy that demands recipients of foreign military aid to follow international humanitarian law at the U.S. Capitol in Washington, U.S., February 9, 2024. REUTERS/Nathan Howard/File Photo
ElectricityNewsNuclear PowerPoliticsTrade

Any nuclear power deal with Saudi Arabia needs safeguards: U.S. senator

An agreement to help develop nuclear power in Saudi Arabia could benefit the U.S. nuclear industry, which would supply technology.

BusinessElectricityNatural GasNews

Utility PPL Corp’s Q1 results beat on lower operating costs

PPL Corp Q1 results show operating expenses falling by 8% and better-than-expected revenues.

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