UK seeks to bolster nuclear fuel production with a £50M fund
The business department of the UK has reportedly announced opening a £50 million ($60.3 million) nuclear fuel fund to boost production and promote the development of substitutes to Russian suppl....
S.Korea: High energy consumption validates electricity rate hike
Record-high energy consumption in Korea this winter, fueled by the ongoing harsh weather, is reportedly bolstering the case for rate increases in the following weeks, industry observers announced on S....
U.S. teases significant science news amid the rise in fusion energy reports
The U.S. DOE (Department of Energy) has revealed that it would declare a major scientific breakthrough this week. Apparently, this follows a media report which states that a federal laboratory has sec....
Ottawa announces a $1.2 billion worth plan to combat climate change
The Canadian government has recently unveiled a plan of US$1.2 billion (CAN$1.6 billion) for aiding the country to deal with the increasing hazards of a warming world, which includes wildfires, floods....
China records a decline in CO2 emissions since 2021, but still not at a peak
The greenhouse gas emissions of China have been declining since last year; however, they have not succeeded in reaching their peak considering that the country's policies do not fully align with t....
Singapore’s firm monitors wind energy potential off Gujarat and Tamil Nadu
According to credible reports, a Singapore-based company is sharply monitoring the probability of producing wind energy in deep waters off Tamil Nadu and Gujarat as India continues to develop its mult....
Mexico and U.S. storage providers in talks for setting up a gas reserve
Following the 2021 cold snap that left businesses in northern Mexico without gas, the country is reportedly in discussion with storage providers in the U.S. for building a deliberate gas reserve that ....
First Solar picks Alabama for new factory amid domestic manufacturing boom
Solar company, First Solar recently stated that it has chosen Alabama as the location for its 4th U.S. solar panel manufacturing unit, following the Inflation Reduction Act along with its incentives f....
Sembcorp to buy Vector Green Energy for $343M to add renewable assets in India
Singaporean Sembcorp Green Infra’s wholly owned subsidiary, Sembcorp is reportedly planning to acquire Vector Green Energy for over $343 million (Rs 2,780 crore) in a bid to add 583 MW of renewa....