A startup developing a technology to store energy in molten salt has raised about $ 12 million from backers, including Denmark’s richest man. Hyme will spend some of the money on a pilot plant to find new ways to store unused electricity from wind and solar power, CEO Ask Lovschall-Jensen said in an interview. And […]
‘50% energy cost is saved by rooftop owners in ME’ – EQ Mag Pro
Laurent Longuet, CEO of SirajPower talks about UAE’s net zero target, financing, hurdles and prospects of renewable energy, and more in an exclusive interview with EQ International Magazine. During an interview with EQ International Magazine, Laurent Longuet, CEO, SirajPower said, “If you are a bank and you want to develop some energy project abroad, you […]
“Hydrogen was once seen as dangerous, it’s now seen as a savior” – EQ Mag Pro
Speaking ahead of Calcalist’s “The Energy Crisis: Here and Now” conference, Edward Morse, Managing Director, Global Head of Commodity Research at Citi Group, outlined his vision for the future of energy. “We’re in a relatively funny position in the world today. We’re in the middle of an energy transition away from fossil fuels, which dominated […]
Saudis attempted to block UAE-Israel-Jordan deal on energy, water – EQ Mag Pro
Riyadh said to have proposed its own deal, which would exclude Jewish state, after being left out of largest-ever Jerusalem-Amman deal brokered by Abu Dhabi Saudi Arabia attempted to pressure the United Arab Emirates to torpedo a major deal with Jordan and Israel on energy and water, a report said on Wednesday. The UAE-brokered agreement […]
New independent report finds BSV blockchain to be most energy efficient – EQ Mag Pro
TORONTO : A newly published report from MNP one of Canada’s largest professional accounting and business advisory service firms has identified BSV as being the most energy efficient blockchain. The report entitled, The Search for a More Efficient Bitcoin, compared models and real-world data from BTC, BCH and BSV, stated that BSV is the most […]
Nexans enters into €200 million loan facility with EIB – an enabler to accelerate Nexans’ ability to lead energy transition – EQ Mag Pro
EIB grants €200 million in funding to accelerate Nexans’ active role in the world’s energy transition and commitment to contribute to carbon neutrality by 2030. Nexans activities are in close alignment with the goals of European Green Deal. The European Investment Bank (EIB) has granted a €200 million loan facility to Nexans to accelerate its […]
Energy Crisis Gives Canada Oil Sands Windfall for Green Projects – EQ Mag Pro
The global energy crisis that many blame on efforts to move away from fossil fuels is actually giving new momentum to the shift to renewables in Canada, according to some of the bankers helping oil-sands producers navigate that transition. That’s because, for all the doubt that’s been cast on the reliability of solar and wind […]
Antarctic bacteria live on air and make their own water using hydrogen as fuel – EQ Mag Pro
Humans have only recently begun to think about using hydrogen as a source of energy, but bacteria in Antarctica have been doing it for a billion years. We studied 451 different kinds of bacteria from frozen soils in East Antarctica and found most of them live by using hydrogen from the air as a fuel. […]
Petition praying for recovery of dues towards the sale of energy in respect of the principal amount outstanding and the interest accrued on it, pursuant to two Power Purchase Agreements (PPAs) entered into between the petitioner & the respondent – EQ Mag Pro
Petition praying for recovery of dues towards the sale of energy in respect of the principal amount outstanding and the interest accrued on it, pursuant to two Power Purchase Agreements (PPAs) , entered into between the petitioner & the respondent (HESCOM) in respect of 10 MW & 20 MW Wind Power Projects. For more information […]
General Electric to split into 3 public companies to simplify business – EQ Mag Pro
Washington : General Electric will divide itself into three public companies focused on aviation, healthcare and energy. The company said Tuesday that it will spin off its healthcare business in early 2023 and its energy segment, which includes its renewable energy, power, and digital businesses, in early 2024. GE will maintain a 19.9% stake in […]