Today, October 22nd, 2024, Reykjavík Energy (Orkuveita Reykjavíkur) concluded a green bond auction in the green bond classes OR031033 GB, OR280845 GB and OR180255 GB. Total bids amounted to ISK 4,440 million nominal value. OR031033 GB bears 8.30% fixed nominal interest and pays equal installments every six months with a final maturity date of October
The Energy Permitting Reform Act (EPRA) of 2024, introduced by Senators Joe Manchin (I-WV) and John Barrasso (R-WY), represents a crucial step toward shaping the future of U.S. energy policy. This bipartisan bill aims to simplify the permitting processes that have historically slowed down the development of energy infrastructure. As the demand for energy grows
AUSTIN, Texas — A new cooling technology could change how heat is managed in electronic devices — from tiny semiconductors to massive data centers. A team led by scientists and engineers at The University of Texas at Austin created a new “thermal interface material” that could organically remove heat from high-powered electronic devices, reducing or
Clean Energy Buyers Provide Price Certainty Needed for Renewable Energy Investments Share Through a new partnership, an NREL team is investigating the role of corporate investments in accelerating clean energy development. Photo from Getty Images The transition to a decarbonized power system requires significant investments in clean energy generation, transmission, and storage. However, securing that
By Alimat Aliyeva The International Energy Agency (IEA) has published the “Global Energy Outlook 2024” (“World Energy Outlook 2024”), Azernews reports. The report examines scenarios that will shape the global energy landscape in 2024 – renewable sources, electric mobility, LNG, artificial intelligence and uncertainty in electricity demand due to abnormal heat. The report emphasizes that
Cuban energy expert Jorge Piñón has compared Cuba’s electrical system to an “almendrón,” a term used in Cuba for the classic American cars from the 1950s that appear in every tourist photo. “The engine of the almendrón breaks down, a tire fails, and you fix it. Next month, it’s the carburetor, which will then break
Energy-as-a-Service solutions provider Redaptive announced today that it has raised $100 million through an equity investment from the Canada Pension Plan Investment Board (CPP Investments). Founded in 2015, Denver-based Redaptive helps organizations to reduce energy waste, lower costs and cut emissions, with a focus on large Commercial & Industrial companies. The company provides a solution
Houston, often dubbed the “Energy Capital of the World,” is at a pivotal moment in its history. Known for its vast oil and gas reserves, the city is now embracing a new role as a leader in the clean energy transition. This shift is not just about adopting new technologies but also about creatively repurposing
Enphase Energy Inc. ENPH is gearing up to report its third-quarter earnings after the market closes on Tuesday. Wall Street expects 77 cents per share and revenue of $391.98 million. Investors, however, may be less optimistic. The solar energy stock has been under a cloud, dropping 31.10% year-to-date and slipping 6.10% over the past year.
As every investor would know, not every swing hits the sweet spot. But you want to avoid the really big losses like the plague. So take a moment to sympathize with the long term shareholders of Sunnova Energy International Inc. (NYSE:NOVA), who have seen the share price tank a massive 87% over a three year