Jack Dorsey’s Block backs bitcoin mining company that wants to bring 25-cent electricity to rural Africa
Jack Dorsey's digital payments firm Block invests in an East African bitcoin miner that uses wasted energy. Source link
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RENEWABLE ENERGY
Renewables to overtake coal and become world’s biggest source of electricity generation by 2025, IEA says
The global energy crisis, sparked by Russia's war in Ukraine, has sparked "unprecedented momentum for renewables," the IEA said. Source
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Record bids pour in for solar, wind-based storage projects in Türkiye
Türkiye has seen a record number of applications following a new regulation introduced recently by the country’s energy watchdog for
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Renault wants to use water from depths of 4,000 meters to supply heat to an old production plant
Drilling work on the project will start in late 2023, according to the French automotive giant. Source link
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A wave-powered prototype device is aiming to produce drinking water from the ocean
Projects looking to desalinate water in a sustainable way will become increasingly important in the years ahead. Source link
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The energy transition will fail unless industry fixes wind power issues, Siemens Energy CEO says
Christian Bruch made his comments during an interview with CNBC's "Squawk Box Europe." Source link
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Autos giant Renault is betting the market for gasoline cars will continue to grow
Thierry Pieton's comments came during an interview with CNBC in Paris. Source link
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Ex-Obama advisor says global events are overshadowing climate change efforts: ‘We are not acting swiftly enough’
Former Obama advisor Alice Hill said the "urgent" often overshadows the "important." Source link
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We’re on a ‘highway to climate hell,’ UN chief Guterres says, calling for a global phase-out of coal
Antonio Guterres' comments came during a speech at the COP27 climate change summit in Sharm el-Sheikh, Egypt. Source link
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