article thumbnail

Wind Power Giant Vestas Launches Venture Capital Fund

GreenTechMedia

Vestas Ventures will focus on four areas: long-duration storage and other grid flexibility technology; "power-to-X" technologies to use renewable electricity to produce carbon-neutral fuels; wind energy technologies; and sustainability and advanced materials. Vestas not scouting for acquisitions.

article thumbnail

Google Pledges 24/7 Carbon-Free Energy by 2030

GreenTechMedia

Google on Monday pledged that by 2030 it will run its entire business on carbon-free energy — every hour of every day of the year. West driven by increased heat and dry conditions linked to global warming from human carbon emissions. Europe and Chile. Europe and Chile.

Carbon 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Ørsted launches 50GW goal to become 'world's leading green energy major by 2030'

Business Green

Setting out its new strategic ambition yesterday to become one of the world's new batch of renewable energy supermajors over the coming decade, Ørsted said it would raise its ambition to install 50GW of renewable power capacity by 2030, up from its previous target of 30GW.

Energy 69
article thumbnail

Saudi Arabia’s Plan to Rule the $700 Billion Hydrogen Market from a Marine Perspective

Mr. Sustainability

The 4 gigawatt plant will be completely powered by wind and solar energy. All of the zero-carbon fuel it produces will be shipped to international buyers in the form of ammonia. Peter Terium is a Dutch business executive and was the Chief Executive Officer of innogy from 1 April 2016 until 19 December 2017.

Hydrogen 148
article thumbnail

Saudi Arabia’s Plan to Rule the $700 Billion Hydrogen Market from a Marine Perspective

Mr. Sustainability

The 4 gigawatt plant will be completely powered by wind and solar energy. All of the zero-carbon fuel it produces will be shipped to international buyers in the form of ammonia. Peter Terium is a Dutch business executive and was the Chief Executive Officer of innogy from 1 April 2016 until 19 December 2017.

article thumbnail

The prospects for I-1631 eliminating 20 million tons of carbon pollution annually by 2035

Low Carbon Prosperity

In this Low Carbon Prosperity Institute (LCPI) analysis, we explore scenarios of carbon reduction investment performance based on the revenue allocation described in Initiative 1631. The measure is intended, but not required, to reduce carbon emissions in 2035 to 25% below 1990 levels, consistent with the state’s legislated target.

article thumbnail

The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050

GreenTechMedia

Over the past three years, some of the country’s biggest utilities have been committing to a goal that few may have predicted they’d undertake on their own: weaning themselves off carbon-emitting generation by 2050. Utilities in many states now face mandates to move to 100 percent renewable energy or cut carbon to zero by 2050.

Carbon 246