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Renewable energy is energy that is generated from natural resources such as sunlight, wind, rain, tides, and geothermal heat. These sources are renewable and are constantly replenished. Renewable energy technologies range from solar power, wind power, hydropower, and biofuels to geothermal and tidal energy. Renewable energy is becoming increasingly important as the world’s population and energy needs grow. In addition to providing clean and sustainable energy, renewable energy sources can also help reduce carbon emissions and improve air quality.
Saudi Arabia is building renewable energy projects at a fast pace. The country plans to reduce its domestic oil consumption by 2030. This change will make more crude available for export. Project completion rates are now challenging earlier doubts. This development will affect the global oil market. It could lead to an oversupplied market situation.
PURE ENERGY Holdings Corp. (PEHC), a holding firm with interests in water and renewable energy, and two other companies — water utility subsidiary Pure Water Corp. (Pure) and unaffiliated firm Quadwater Corp. (Quad) — have signed a deal to acquire a 71.68% stake in listed Coal Asia Holdings, Inc. for P220.9 million. In a regulatory […]
Iren Ltd, a vertically integrated data center business, is powering the future of Bitcoin and AI with renewable energy. Strategically located across renewable-rich US and Canadian regions, the company has also powered an 850% stock surge since April.
ROBINSONS LAND CORP. (RLC) aims to increase the share of renewable energy (RE) in its total power consumption to as much as 30% by 2030 as part of a broader push to integrate sustainability measures across its developments. “In the next five years, as we’re building more townships, not only are we investing in it, […]
As renewable energy continues to revolutionize the power landscape, solar systems are increasingly becoming a household staple. Among these, solar battery storage has emerged as one of the most game-changing additions to traditional solar panel systems. By capturing and storing excess energy generated during the day, solar batteries ensure power availability even after the sun […]