New York signs off on $5bn Clean Energy Fund
New York signed off on a $5bn Clean Energy Fund to be deployed over the coming decade, as the state looks to become a global hub for renewable energy innovation and deployment.
Tough debut as GE Renewable Energy joins big league
The newly-formed GE Renewable Energy division made its debut as a standalone business in a tough set of quarterly results for the US industrial giant, which is undergoing big changes amid what its CEO called “a slow-growth environment”.
Insurer Gothaer takes €60m Nordergründe offshore wind stake
Gothaer Leben Renewables – a unit of German insurance group Gothaer – has entered the equity base of the 111MW Nordergründe offshore wind project as a co-investor, developer Wpd said.
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- January 16, 2016
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Hydrogen-Powered Tram Developed in China
Fuel Cells | Hydrogen Fuel | Public Transit | TransportationIn an effort to reduce China’s harmful and plentiful greenhouse gas emissions, Chinese company Sifang (a subsidiary of China South Rail Corporation) has developed the world’s first hydrogen powered tram. The tram took two years of research and development to complete, and will be powered entirely by hydrogen fuel cells. Since this is a tram […]
Brazil’s Renova faces strike threat at 737MW Alto Sertão 3
Workers at the 737MW Alto Sertão 3 wind complex being built by Brazilian renewables developer Renova Energia in the state of Bahia are preparing to go on strike in what they say is a bid to avoid further mass layoffs and guarantee payment of arrears to the contractors they work for.
Sponge-like material to more efficiently store natural gas
Researchers are utilizing metal-organic frameworks (MOFs) to develop a new type of storage system that would adsorb natural gas like a sponge and allow for more energy-efficient storage and use.
