Hydrogen is set to play a major role in the global energy markets over the coming decades, supplanting a large chunk of oil demand, according to Bank of America’s head of global thematic research. Speaking to CNBC’s “Squawk Box Europe” on Friday morning, Haim Israel accepted that while oil and gas would still be needed
Environment
January 23rd, 2021 by Sponsored Content Enter now to win a Tesla Model X! The Illinois Solar Education Association (ISEA)* is holding its annual fundraising raffle for a Tesla Model X. The Model X is an all-electric SUV that you can recharge at your home or on the road — you’ll no longer be at
SpaceX owner and Tesla CEO Elon Musk poses as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020. Britta Pedersen | AFP | Getty Images Elon Musk tweeted Thursday he will be “donating $100 million towards a prize for best carbon capture technology.” The Tesla and
January 23rd, 2021 by Guest Contributor By Robert Tod Chubrich, an investor living in Los Angeles and CleanTechnica reader I am one of a generation of investors who put our money in Tesla, defying an army of naysayers and short-sellers to become so-called “Teslanaires” last year as its stock skyrocketed over the course of the
Westend61 | Westend61 | Getty Images Four major firms signed a letter of intent Friday to develop a “mega-electrolyser” in the German city of Hamburg that would produce so-called “green” hydrogen. An announcement from the city’s press service said the prospective 100 megawatt (MW) facility would be located on the site of the Moorburg coal-fired
Various Halliburton equipment being stored at the equipment yard in Alvarado, Texas. Cooper Neill | Reuters Haliburton reported on Tuesday quarterly results that topped analyst expectations amid strong revenue from its North America business. The oilfield services company posted a profit of 18 cents per share on revenue of $3.24 billion for the fourth quarter.
January 22nd, 2021 by Zachary Shahan The Kingdom of Morocco is already doing quite alright in terms of renewable energy relative to most other countries. Renewable energy creates about 35% of the country’s electricity needs, according to data from 2019. But the country is aiming to do much better. By 2030, Morocco wants to be
2021 Jeep Wrangler Rubicon 4xe Fiat Chrysler Stellantis – the product of a $52 billion merger between automakers Fiat Chrysler and Groupe PSA – plans to offer an array of all-electric or hybrid vehicles through 2025, including 10 new models in 2021, according to CEO Carlos Tavares. From Dodge to Maserati, every new model the
The U.S. will always play an important role in global energy markets, even though President-elect Joe Biden is likely to be less vocal than President Donald Trump about oil, the UAE’s energy minister told CNBC ahead of Inauguration Day. “The United States of America is a major player now … with its production, with the
January 20th, 2021 by U.S. Department of Energy When the Solar Energy Research Institute was first envisioned, the United States was only months out of the oil embargo crisis of 1973–74. The new research institute was a response to this crisis and part of a national effort to find new, more reliable sources of energy.
January 20th, 2021 by Joe Wachunas I’ve been following San Jose’s Mayor, Sam Liccardo, for some time. In 2019, I heard from environmentalists in California about how he was instrumental in getting all-electric building legislation through the city council of the nation’s 10th largest city. I’ve also been tracking San Jose’s nation-leading efforts in clean
Tali Aiona | EyeEm | Getty Images Danish energy firm Orsted is pushing ahead with plans to develop a demonstration project which will harness offshore wind energy to produce “green” hydrogen. In an announcement Wednesday, the company said it had taken a final investment decision on the 2 megawatt (MW) H2RES scheme, which will be
An off-shore oil platform off the coast in Huntington Beach, California on April 5, 2020. Leonard Ortiz | MediaNews Group | Orange County Register | Getty Images DUBAI — Oil-producing group OPEC will continue to strengthen its relationship with the U.S. energy industry under Joe Biden’s new administration, the oil cartel’s Secretary General Mohammed Barkindo told CNBC
January 19th, 2021 by Zachary Shahan CleanTechnica switched to Fifth Third Bank (5/3 Bank) in 2019. Two big factors for us were 1) it had the most ambitious clean energy achievements and plans of any bank, and 2) it won’t invest in private prisons. In fact, it was already 100% solar powered back then. That
January 19th, 2021 by Johnna Crider Tesla is hiring for 500 positions in Florida, the Bradenton Herald reports. CareerSource Tampa Bay is partnering up with Tesla to host a virtual hiring event on January 27, from 10 am through 2 pm, in hopes of filling positions available for both Tesla’s solar and automotive positions. Tesla’s
An 8500 series oil rig ENSCO Elon Musk’s SpaceX bought two deepwater oil rigs last year and is converting them into floating launchpads, to support the enormous Starship rockets that the company is developing. The rigs are in the Port of Brownsville, near SpaceX’s Starship development facility in Boca Chica, Texas. The rigs have been
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