Energy transition to need $4 trillion annually: BlackRock

Energy transition to need  trillion annually: BlackRock

The BlackRock logo is seen outside of its offices in New York City. Brendan McDermid | Reuters BlackRock estimates that the world’s green energy transition will require $4 trillion annually by the mid-2030s, calling for more public-private partnerships, especially in Asia-Pacific. The forecast comes from BlackRock’s latest “Investment Institute Transition Scenario,” which analyzes how the … Read more

Green data centers help increase green investment in Southeast Asia: Report

Green data centers help increase green investment in Southeast Asia: Report

Conceptual image of green server room. Imaginima | Istock | Getty Images Southeast Asia saw a significant uptick in green investments in 2023, with a boost from green data center projects, though funding remains insufficient, according to a report released Monday.  The analysis, conducted by Bain & Company, GenZero, Standard Chartered and Temasek, found that … Read more

China boosts global coal power

China boosts global coal power

Chinese flag on a background of coal. Andrzej Rostek | Istock | Getty Images The world added more coal power capacity last year than any year since 2016, with China driving most growth and future planned capacity, according to new research.  A report by Global Energy Monitor released Thursday found that net annual coal capacity … Read more

The Feds Are Trying to Get Plants to Mine Metal Through Their Roots

The Feds Are Trying to Get Plants to Mine Metal Through Their Roots

“Just like we do research with corn, wheat, soybean, getting these plants to be more efficient in taking up nutrients—nitrogen, phosphorus, potassium—well, there needs to be this research that goes into understanding the mechanisms of metal hyperaccumulation,” says McNear. “And then enhancing that, whether it be through gene editing or whatever.” ARPA-E is eying a … Read more

IREDA: As largest pure play green financier, what is the long-term road ahead for IREDA? Pradip Kumar Das answers

IREDA: As largest pure play green financier, what is the long-term road ahead for IREDA? Pradip Kumar Das answers

Pradip Kumar Das, Chairman and Managing Director of IREDA, highlighted the significant growth the organization has witnessed in the renewable energy sector over the past three years. He emphasized that while solar energy has been a major focus, with a substantial increase of 28 times, the loan portfolio in this sector has slightly decreased to … Read more

The US Has Big Plans for Wind Energy—but an Obscure 1920s Law Is Getting in the Way

The US Has Big Plans for Wind Energy—but an Obscure 1920s Law Is Getting in the Way

The reason for the Jones Act’s longevity, says Colin Grabow, a research fellow at the Cato Institute, a libertarian think tank, is that while it tends to benefit only a few people and businesses, the act goes unnoticed because there are many payers sharing the increased costs. The Jones Act is one in a string … Read more

Shares of Tesla suppliers, EV makers in Asia fall after Tesla results

Shares of Tesla suppliers, EV makers in Asia fall after Tesla results

A Tesla Inc. Model 3 long range electric vehicle charges at the Tesla Supercharger station in Kettleman City, California, U.S., on Wednesday, July 31, 2019. Patrick T. Fallon | Bloomberg | Getty Images Shares of electric vehicle makers and Tesla‘s Asia suppliers tumbled on Thursday after the EV maker missed fourth quarter revenue and profit … Read more

Thousands of NSW households eligible to receive heating, cooling and solar power home upgrades

Thousands of NSW households eligible to receive heating, cooling and solar power home upgrades

Thousands of Australians will be eligible for home upgrades with the NSW government’s $200 million push to make more homes energy efficient. Draught-proofing, proper insulation, heat pump hot water systems, ceiling fans, reverse cycle air conditioners, and solar will be available to 24,000 NSW residents under the scheme announced on Tuesday. Subsidised solar will also … Read more

India gets Rs 16.93 lakh cr investment in power, RE since 2014, Rs 17.05 lakh cr in pipeline

India gets Rs 16.93 lakh cr investment in power, RE since 2014, Rs 17.05 lakh cr in pipeline

New Delhi: A whopping investment of Rs 17.05 lakh crore is in the pipeline in power and renewable energy sector, which has attracted around 16.93 lakh crore of investment since 2014, Union minister R K Singh said on Monday. As much as 80 GW of thermal power generation capacity is under construction which we will … Read more

Malaysia is doubling down on the chip industry to capture growth in EVs

Malaysia is doubling down on the chip industry to capture growth in EVs

Tesla Inc. signage during a launch of company’s Model Y electric vehicle in Kuala Lumpur, Malaysia, on Thursday, July 20, 2023. Bloomberg | Bloomberg | Getty Images Malaysia is doubling down on the semiconductor industry to capture growth in the growing electric vehicle market. In an exclusive interview with CNBC’s “Squawk Box Asia” on Thursday, … Read more