Glencore, a global mining and commodity trading company, has announced its ambitious plan to build the largest battery storage facility in Europe. The project aims to address the growing demand for renewable energy and combat the intermittency issues associated with...
Renewable energy
Latin American Countries Eyeing Opportunities in the Booming Lithium Market
As the global demand for lithium, a crucial component in batteries used in electric vehicles and other high-tech devices, continues to surge, Latin American countries are seeking to capitalize on their vast reserves of the metal. Bolivia, Argentina, and Chile, known...
Tesla Opens Up Its Charging Network to All EVs in the US
Electric vehicle (EV) owners in the United States are about to get a major boost thanks to Tesla's decision to open up its charging network to all EVs. For years, Tesla's proprietary charging stations could only be used by Tesla owners, but that's about to change. The...
Green Energy Revolution: Brazilian Physicist Invents Smaller and More Efficient Sub-aquatic Turbine
A Brazilian physicist has made a remarkable breakthrough in the world of green energy by developing a sub-aquatic turbine that is 60% smaller and three times more efficient than conventional wind turbines. In Brazil, the innovative design of the new turbine holds the...
China Begins Construction of Offshore Wind Farm with Innovative 16 MW Wind Turbines
New Era of Clean Energy in China China has taken a huge step in its journey towards renewable energy by starting the construction of an offshore wind farm equipped with state-of-the-art 16 MW wind turbines. This move is a reflection of China's commitment to a greener...
Brazil company, Klabin KLBN4 sees significant rise in net profit in 2022: a look into the company’s financial performance
Klabin KLBN4, a leading paper and packaging company based in Brazil, has reported a substantial increase in its net profit in the year 2022. The company's net profit stood at a staggering R$469 billion, marking a rise of 553% compared to the previous year. We delve...
Belgium is aiming to become a hydrogen hub
The Belgian parliamentary Energy Committee recently vote on the so-called hydrogen law, which aims to regulate hydrogen transport through pipelines in the country. Approved by the Belgian parliamentary Energy Committee, Belgium is to be the first country in the world...
Tikehau Capital has bought Spanish renewable energy software company Isotrol.
Tikehau Capital, a global alternative asset manager, has bought the Spanish renewable energy software provider Isotrol. This is the firm second Iberian investment Isotrol Founded in 1984, Isotrol is a nationally and internationally recognized engineering firm...