July 24 (Reuters) – Canadian solar panel maker Heliene is planning a major expansion of its US manufacturing operations with a new Minnesota factory that will produce both modules and cells, its chief executive told Reuters. The company, which already makes panels in Iron Mountain, Minnesota and Ontario, Canada, is …
Read More »UK PM Sunak: net zero is important but do not want to add to bills
LONDON, July 24 (Reuters) – British Prime Minister Rishi Sunak said on Monday that the government’s net zero targets were important to him, but he did not want to do anything that would add to people’s bills at a time of high inflation. Britain in 2019 became the first member …
Read More »Chinese petchem firms are betting big on energy transition products
SINGAPORE, July 24 (Reuters) – Chinese oil refiners and petrochemical companies are investing tens of billions of dollars to produce high-end chemicals for solar panels and lithium-ion batteries to profit from growing demand for energy transition technologies. The investments illustrate China’s drive to reduce its import dependence and further cement …
Read More »Italy’s climate plan lacks financial strategy, think-tank warns
[1/2]A solar power plant is seen past wind turbines in Canino, central Italy, April 27, 2016. REUTERS/Max Rossi/File Photo MILAN, July 21 (Reuters) – Italy needs to invest 118 billion euros ($131 billion) annually to decarbonise its economy but lacks the financial strategy to attract funds from private investors and …
Read More »About 20 missing in Bhutan as floods wash away part of hydropower plant
KATHMANDU, July 21 (Reuters) – About 20 people were missing in Bhutan after flash floods triggered by heavy rains washed away a section of a small hydroelectric plant on Thursday, a local newspaper reported. Rescue and search teams have rushed to the area, authorities said. Prime Minister Lotay Tshering is …
Read More »Novatek set to oust Gazprom as Russia’s top gas supplier to Europe
[1/8]Russian President Vladimir Putin launches the first natural gas liquefaction line on a gravity-type base for the Arctic LNG-2 project as he visits the Novatek-Murmansk’s Offshore Superfacility Construction Center in the village of Belokamenka, Murmansk region, Russia July 20, 2023. … Read more Gazprom’s 2022 gas exports to Europe fell …
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