decarbonizing

Everoze Partner Abdul Sotayo highlights some of the issues that continue to hold back progress on clean energy in Nigeria, where energy poverty remains a problem, despite the nation’s vast solar potential.

The photovoltaic industry is expected to achieve annual global expansion of 300 GW as early as this year. That sounds like a lot, but is it enough? In view of climate change and rising energy demand, it is time for a new vision.

Mining magnate Andrew “Twiggy” Forrest is the founder and executive chair of Australian iron ore producer Fortescue Metals Group. The company has announced an ambitious $6.2 billion decarbonization strategy and its Fortescue Future Industries subsidiary has rapidly become a global player in green hydrogen, along with a host of other energy transition technologies. Whether it is pushing to decarbonize mining, hashing out headline-making green energy deals, or using the popular “Rick and Morty” cartoon to educate people about the potential of green hydrogen, Fortescue and its shining magnate are talking the talk. But can they walk the walk? Blake Matich reports.

The US Inflation Reduction Act of 2022 sets aside $369 billion to decarbonize the economy and respond to climate change. pv magazine USA’s Anne Fischer and Ryan Kennedy report on the boost the landmark legislation is expected to provide to solar and battery deployment and manufacturing.

The remarkable results of what is already being called a ‘historic’ 2022 federal election have put Australia “back on the map” in the eyes of big low-carbon investors.

An Anglo-German report has suggested the environmentally-friendly desire to use only clean power to produce hydrogen, outlined by nations such as Germany, could end up being more emissions-heavy than the more pragmatic embrace of blue hydrogen under consideration in the U.K.

Delay, and policymakers will see the carbon emission allowance which would enable us to stay well below 2C frittered away so quickly net zero would have to be reached in 2040, rather than ten years later, when the relevant technology costs will be cheaper.

The Japanese tech giant and German power company have followed the lead of General Electric by promising not to take on any new coal power station contracts.