Innovations

Green Energy Storage Options: Solar Batteries

Solar energy is one of the world’s answers to renewable energy solutions. Its generation and storage are also cheaper than fossil fuels, the world’s mainstream energy source since time immemorial. According to the International Energy Agency’s World Energy Outlook, based on the cost for each Megawatt, it’s more affordable to construct solar plants than fossil fuel plants.
Though fossil fuels are still the most popular and utilized energy source (80% of the world’s energy consumption), the world is gradually shifting to renewable energy and various types of solar batteries to store clean energy. In addition, with the ongoing issue of global warming, the world …

Green Energy

Development of Wind Turbines that are Innovative and Future-Facing

American Wind Inc. is changing the thinking process when it comes to energy production by creating a distinguished wind turbine system. The company is focusing on a system that can deliver clean and safe renewable energy that both businesses and utilities can easily invest in.
They are looking to shift away from the tradition of larger wind turbines to smaller units with reduced coating and O & M costs.
Turbine Systems
There is no denying that American Wind’s turbine systems are unique and unlike what the market has ever seen. They knew too well that innovation had to take place to create a scalable effect. They …

Ecotechnology News

NextGenerationEU Green Bonds

The Commissioner of Budget and Administration at the European Commission, Johannes Hahn, said that the NextGenerationEU Green Bond framework will enable Europe to take a step forward on many levels.
During the press conference on the framework, Hahn said that the EU intends to give €250 billion in green bonds by 2026. He said that this will make the European Union the world’s largest green bond issuer and the global leader when it comes to sustainable finance.
The commissioner went ahead to say that the confirmation of their 2021 original funding plan shows that their planning and preparatory work is excellent. He also said that they will be launching an auctioning that will have a great impact on the EU capital markets and increase the attractiveness for EU borrowing…