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Home2023January

Month: January 2023

sustainable
ESG

Switzerland to implement sustainable fund label rules amid greenwashing concerns

January 3, 2023 Mariel Alumit

The Swiss Federal Council is set to implement new sustainable fund rules for asset managers which label their products “sustainable”, “green” or “ESG” in a bid to crack down on greenwashing. Under new proposals by the Swiss […]

Electric Grid
Fossil

Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 2023

January 3, 2023 Mariel Alumit

The Inflation Reduction Act will spur growth in clean energy and upgrades to grid infrastructure, but workforce shortages and supply chain constraints are likely to challenge power companies for at least the next year or […]

New York
Climate Crisis

New York proposes grid-scale energy storage tenders in roadmap to meet 6GW target by 2030

January 3, 2023 Mariel Alumit

A new roadmap outlining how New York can meet ambitious energy storage targets has been welcomed as “comprehensive and thoughtful,” including proposals to incentivise deployment. The US state aims to get to 6GW of energy […]

Power
Fossil

Power sector: Way forward towards the future landscape

January 3, 2023 Mariel Alumit

Power is one of the most vital components of infrastructure, critical for a nation’s growth and well-being. The presence and development of suitable electrical infrastructure are critical for the Indian economy’s long-term prosperity. The fundamental […]

investments
International News

Gas investments worth $245 billion across Africa in risk of becoming stranded assets

January 3, 2023 Mariel Alumit

In a bid to tackle Europe’s energy woes, which resulted from the Ukraine crisis, planned investments in gas infrastructure amounting to a whopping $245 billion are in the pipeline across Africa. However, based on Global […]

Climate
ESG

Republicans Are Primed to Take on ‘Woke Capitalism’ in 2023, with Climate Disclosure Rules for Corporations in Their Sights

January 3, 2023 Mariel Alumit

It has only been a decade since climate activists launched campaigns to get financial institutions and money managers to see that dollars pumped into the fossil fuel industry were a risk to both the planet […]

Energy
Energy Storage

Iron-air battery company Form Energy chooses West Virginia for first manufacturing plant

January 3, 2023 Mariel Alumit

Form Energy has chosen a site in West Virginia, US, to manufacture its multi-day iron-air battery with a total investment of up to US$760 million. The company will partner with the state of West Virginia […]

BP
Biofuel

BP buys US biogas company in a push to reduce carbon intensity

January 3, 2023 Mariel Alumit

UK-headquartered energy giant BP has completed the acquisition of Archaea Energy, a Texas-based renewable natural gas (RNG) company. Archaea Energy operates 50 RNG and landfill gas-to-energy facilities across the U.S., producing around 6,000 barrels of […]

China
International News

China Starts Work On The World’s Largest Desert-Based Renewable Energy Project

January 3, 2023 Mariel Alumit

China has broken ground on a renewable energy project worth an estimated $11 billion in the province of Inner Mongolia. According to a Bloomberg report, the project will have a capacity of 16 GW and produce […]

Russia
Exports

What 2023 Has In Store For Russia

January 3, 2023 Mariel Alumit

The Russian President, Vladimir Putin, gave his annual New Year address on Russian State TV on the evening of December 31st from frontlines with Ukraine, in an extended speech – the longest of his Presidency. […]

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