Sunday, September 25, 2022

European industrial giants join nuclear fusion race

European industrial giants have joined the race to create cleaner energy through nuclear fusion, a nascent industry pioneered primarily in the US. Munich-based Marvel Fusion has signed partnerships with Dax-listed Siemens Energy, France’s Thales and the privately owned German mechanical engineering group Trumpf, while also raising €35mn in a funding round led by tech investor […]

Why transition to clean energy and green infrastructure will require huge capital

The battle over climate change is putting an old maxim to the test: Where there’s a will, there’s a way. The COP26 climate summit in Glasgow offers reasons to hope it will be proven correct, particularly on a challenge at the heart of the issue: financing the global transition to clean energy. There is no longer any […]

Number of Consumers Adopting Green Habits due to Climate Concern is Falling

Geneva, Switzerland, 3 November 2021 – As consumers across the world have adapted behaviours during the COVID-19 pandemic, they have become less concerned by the environmental impact of their choices regarding the products and services they buy or use. This is one of the key findings of a survey launched today by the World Economic Forum and Ipsos, which was carried […]

Renewable energy industry to face tough times

Danish power group Orsted and wind turbine maker Vestas have warned of difficult conditions for the renewable energy industry as projects in Europe have had to contend with low wind speeds while supply chain hold-ups, rising energy prices and raw materials costs have hit manufacturers. Vestas warned on Wednesday of an “increasingly challenging global business […]