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Cal on October 17th, 2017

France’s largest bank, BNP Paribas, announced it would no longer finance companies whose main business is the exploration, production, trading, or marketing of crude oil and natural gas from shale or tar sands projects.  The bank will also no longer finance liquefied natural gas (LNG) terminals that predominantly liquefy and export gas from shale projects, […]

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Cal on October 16th, 2017

MarketResearchFuture says the global energy storage market is about to grow 20% annually between now and 2023. Energy storage ranges from small to very large systems. It is segmented into mechanical energy storage, electro-chemical energy storage, thermal storage, and chemical storage. Energy storage systems have become important for storing renewable energy in recent years because of […]

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Cal on October 15th, 2017

Australian airline Qantas announced it will use biofuels on its flights from Los Angeles International airport starting in 2020. The firm said it will purchase 30 million litres annually of a 50/50 blend of plant-derived biofuel and conventional fuel to power its flights between Los Angeles and Australia. US bioenergy company SG Preston will supply the […]

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Cal on October 12th, 2017

Russia, which gets 20% of its electricity from hydro, plans to get another 4.5% from solar and wind by 2024. Russian Deputy Prime Minister Arkady Dvorkovich said a plan is currently being devised to amend the country’s regulatory system in a way that will facilitate the addition of more solar and wind power capacity and lead […]

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Cal on October 8th, 2017

Airbus plans to put its electric flying taxi, the CityAirbus, into operation late next year. This announcement came after a successful full-scale ground test of the vertical take-off and landing vehicle’s propulsion system. The vehicle is entirely battery-powered (with electric 100 kilowatt motors), uses a four propeller design to navigate through crowded cities, and can […]

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Cal on October 2nd, 2017

The government of Singapore announced it intends to install solar panels across all new Housing Development Board blocks. The South Asian Republic receives an average annual solar irradiance of 1,580 kilowatts per metre squared per hour, and up to 50% more solar radiation than other temperate countries. Using photovoltaic cells, solar power is likely to be the […]

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Cal on September 29th, 2017

Hedge fund Bridgewater Associates believes that almost half of the jobs in the next two decades will be replaced by artificial intelligence. CEO Ray Dalio said: “By in large, the world is going to largely consist of people who can take language and put it into code, which then allows the computer to operate like a […]

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Cal on September 22nd, 2017

Daimler AG announced plans to spend $1 billion to start production of Mercedes-Benz electric vehicles at its factory in the US state of Alabama. The plant will assemble electric sport utility vehicles, making Daimler the first European company to assemble plug-in EVs in the US. The alliance of automakers Renault, Nissan and Mitsubishi revealed their six-year […]

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