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The world must adhere to climate goals, despite what the US and UK envoys say
Britain's climate ambassador said that despite the United States pulling out, the world must continue to pursue the reductions in greenhouse gas emissions outlined in Paris Agreement. The UK is also moving forward with its goals. Last month, Donald Trump, the president of the United States…
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Corning and US solar manufacturers join forces to produce American-made panels
The companies announced on Thursday that Corning, a technology company, has signed a deal to produce the first solar panel made entirely of American components. The alliance between Georgia's Suniva and Corning, a panel manufacturer, is an important milestone in efforts to create a U.S. manufacturing sector for solar that can compete with China.
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Morocco approves green hydrogen projects worth $32.5 bln
The Moroccan government's green hydrogen committee approved projects worth 319 billion dirhams (32.5 billion dollars) on Thursday. These projects aim to produce ammonia and steel, as well as industrial fuel. The Moroccan committee selected Ortus of the United States, Acciona from Spain and Nordex from Germany to produce green ammonia.
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Citi estimates that Brazil corn ethanol will almost double in production by 2032.
Citi Investment Bank said that Brazil's corn ethanol production will almost double by 2032 to 16 billion liters, citing the rapid growth of the industry. Citi estimates that Brazil will produce 6.3 billion liters (or ethanol) of corn in 2023-2024. The bank expects this to increase to 9.5 billion during the current crop season.
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CERAWEEK - Small nuclear power struggles on the cusp of US electric demand boom
Small modular nuclear reactors are touted by everyone from the U.S. Energy Secretary to Big Tech as the answer to the booming demand for power. However, the technology has struggled to reach commercialization due to cost and regulatory obstacles. The artificial intelligence industry…
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EU seeking feedback on looser rules for state aid to encourage clean tech projects
The European Union's state aid regulators want to hear from its member countries about new rules that will allow governments…
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Palm slips due to weaker Dalian oil; Indian imports increase limit fall
The Malaysian palm futures continued to decline for a second consecutive session on Tuesday. Pressured by Dalian Oils, whose prices were lower…
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Spot prices rise due to lower German solar power
The European spot electricity prices for Wednesday increased on Tuesday, as the German solar power shortage was expected…
Latest news
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VinFast to install EV charger stations throughout Indonesia, Minister says
After President Prabowo met with company representatives on Tuesday, Indonesia's Investment Minister said that Vietnamese…
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Iberdrola is looking for a partner to help it develop a 1 GW renewable energy portfolio, according to sources
According to two sources familiar with the situation, Spanish energy company Iberdrola seeks a partner who is willing to…
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Palm oil is a weaker competitor to other oils
The price of Malaysian palm oils futures dropped for the second session in a row on Tuesday. This was due to weaker edible…
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Report: Solar power will account for 84% of the new US electricity added in 2024.
A report released on Tuesday stated that solar energy contributed 84% of the new electricity generation capacity to the U.S. grid in the past year.
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Republicans protect green tax credits through budget bill
According to a Monday letter, a group of Republican legislators urged the House Committee drafting the proposed tax cuts…
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CERAWEEK - IEA chief sees investment needed in existing oil and gas fields
Fatih Birol said that the International Energy Agency in Paris, which is headed by Fatih Birol himself, has a responsibility…
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CERAWEEK - Chevron CEO calls for sustainable, not extreme US Energy Policy Swings
Mike Wirth, the CEO of Chevron, said that he would prefer to see a more stable energy policy in the United States than a…
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Aramco CEO: More likely Elvis will speak than energy transition plans to succeed
Saudi Aramco's CEO said Monday that policymakers and energy executives should rethink their energy transition plans. They…
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VEGOILS - Palm falls due to profit taking, Chicago soyoil weakness, and bearish MPOB stock
Malaysian palm futures ended three sessions of consecutive gains on Monday. Profit-taking and lower Chicago soyoil price pressures…
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Prices rise due to increased demand and colder weather
German and French spot price for Tuesday increased on Monday as demand is expected to increase in the region due to colder temperatures forecast.
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A letter from the industry says that over $13 billion worth of solar and wind investments are at risk in Vietnam.
Adani Green Energy, as well as more than two dozen other foreign and Vietnamese investors have warned that Vietnam's plans…
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Palm falls due to profit-taking and weakness in Chicago Soyoil
Malaysian palm futures dropped on Monday, ending three sessions of gains. Profit-taking and lower Chicago soybean oil prices were to blame.
Solar
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Evergy's pipeline for power users such as data centers has jumped to 11,2 GW
Evergy Inc.'s pipeline of very large electricity clients, such as data centers, has increased to 11,2 gigawatts, which is…
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Industry body: China's solar growth to slow for the first time in six years
According to a forecast by an industry association on Thursday, China's rapid expansion in solar is expected to slow down…
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First Solar launches legal action against JinkoSolar for forecasting higher sales in 2025
First Solar, a solar panel manufacturer, forecasted higher sales for the current year and reported a rise of its fourth-quarter profits on Tuesday.
