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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Energy
Finance

Renewable Energy Finance: UK-based asset manager Alantra forms €1.7bn fund to develop 1.9 GW of solar capacity in Southern Europe

January 13, 2023 Mariel Alumit

Alantra has launched a co-investment vehicle – named N-Sun Energy – in partnership with Spanish solar PV developer Solarig, with backing from European investment firms Reichmuth and Amundi. N-Sun will gradually acquire ready-to-build (RtB) solar […]

TVA
Coal

TVA Will Build Gas-Fired Plant to Replace Coal-Fired Units

January 13, 2023 Mariel Alumit

The Tennessee Valley Authority (TVA) has approved retirement of the Cumberland coal-fired power plant, with officials on Jan. 10 saying the utility will replace one of the plant’s two units with a 1,450-MW natural gas-fired […]

Price
International News

India sets targets for green hydrogen use by some industries

January 13, 2023 Mariel Alumit

One of the world’s biggest emitters of greenhouse gases, India approved a plan of incentives worth more than $2 billion last week to develop a green hydrogen production capacity of 5 million tonnes a year […]

Price
International News

Joshimath Sinking: NTPC says tunnel one km away from town, 1.1 km below ground

January 13, 2023 Mariel Alumit

On January 10, the Union Power Ministry summoned NTPC officials to review the subsidence incident in Joshimath. A day later, India’s largest electricity-generating company wrote to the ministry explaining its position.A 12-kilometer long tunnel connected […]

Geopolitical

Russia Sends Its Biggest Gun To Ukraine

January 13, 2023 Mariel Alumit

Authored by Denes Albert via Remix News, Russian forces, who have reportedly suffered considerable losses on the front line, have now deployed additional units of the world’s most powerful mortar, which is capable of using […]

Teck
ESG

Teck fined $1.6 million for acid spill into Columbia River at Trail smelter operations

January 12, 2023 Mariel Alumit

​ Vancouver-based Teck Resources was ordered January 10 to pay C$2.2 million ($1.65m)for an acid spill into the Columbia River at the company’s Trail smelter operations. A Rossland provincial court judge made the order after […]

PC Bust
Commodities

PC Bust Cycle Will Last Until 2024

January 12, 2023 Mariel Alumit

The PC bust cycle will extend well into 2023 and might not see a turnaround until 2024. The pandemic-era demand has mostly evaporated as consumers and companies delay purchases. The hangover for the PC market […]

volatile
Rare Earth Minerals

And the winner for most volatile commodity this decade goes to…lithium

January 12, 2023 Mariel Alumit

​ Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China, inflation plagued the developed world and the Ukraine war upended […]

energy
Aljazeera International

‘A new industrial age’: The coming renewable-energy boom

January 12, 2023 Mariel Alumit

The world is at the “dawn of a new industrial age” of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, according to the International Energy Agency (IEA). […]

BlackRock
Finance

BlackRock To Lay Off About 500 Employees

January 12, 2023 Mariel Alumit

BlackRock is the latest Wall Street firm feeling the heat of an ugly 2022 and a significantly slower pace of dealmaking heading into 2023. As a result the firm, like many Wall Street firms we […]

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