As more attention is focused on fighting climate change, green technology is catching another breath from a new cash infusion.
The world of clean energy is rapidly evolving. Solar power installations in the U.S. increased by 43 percent in 2020, and the price of solar decreased by nearly 90 percent between 2010 and 2020. Similarly, wind turbine capacity increased by a record 14.2 gigawatts last year alone.
Some of the biggest opportunities to reduce a company’s carbon footprint are lurking in its supply chain – a fact that’s spawned a new generation of innovative greentech start-ups
The European Union and an energy investment programme founded by Bill Gates plan to raise up to $1 billion to roll out the low-carbon technologies Europe is betting on to meet its climate change goals, the European Commission said on Wednesday.
First, there’s all the hype around the upgrades and benefits the new phone brings over the old one. Then, we have people clamouring over or even queuing (something we haven’t seen since the pandemic hit) for the new phone.
A decarbonized power sector will unlock massive opportunities across nearly every other sector, either via direct electrification or indirect electrification via the production of low-carbon fuels, like green hydrogen.
Gas heat recovery has become the name of the game for efficiency in the textile and garment industry to remain competitive in business and for a green transformation to save the environment and the next generation.
The world’s first fully recyclable, printed electronics are being developed in the US to combat gadget waste.
When engineers and companies think beyond profits and forge ahead to improve a perfectly working system, extraordinary ideas emerge. Combining the mechanical and electrical engineering expertise of its leaders, dominant South Korean pump maker Green Tech creates the world’s first internet of things (IoT) pumps by integrating a camera and intelligent software to conventional pumps.
President Biden has pledged to usher in a net zero-emission economy by 2050, electrifying government vehicle fleets, doubling offshore wind production and creating “millions of jobs in wind, solar, and carbon capture.” All of this sounds good on paper and makes for great political fodder in the battle against climate change. But in practice, it could mean creating a host of other environmental challenges.
SMS is to rollout solar PV, battery storage and heat pumps across 100 homes as part of a new £5.2 million project. It has partnered Aberdeen City Council for the rollout of the green technologies and fabric retrofits, with £2.2 million having been successful won from the government’s Social Housing Decarbonisation Fund Demonstrator.
The clean energy think tank RMI just launched a nonprofit journalism arm called Canary Media that’s staffed by well-known names in energy and climate reporting. The big picture: Canary will be “at the forefront of the clean energy transition” with a mission to cover global efforts to fight climate change, per RMI, formerly the Rocky Mountain Institute.
Newly-published research from Cleantech Group®, the global authority on clean technology innovation, with the support of Breakthrough Energy, found the EU’s venture capital investment into cleantech from 2011-2020 grew by a remarkable 7.5x to more than EUR 5 billion in 2020.
The industry has matured, entering a new phase of development that justifies the latest burst of investor enthusiasm.
A Global Green Deal: op-ed article by Ursula von der Leyen, President of the European Commission, and Werner Hoyer, President of the European Investment Bank
By strengthening its emissions-reduction targets and investing heavily in clean energy, greentech, and research and development, the European Union has positioned itself as a global climate leader.