Square Inc partners with Blockstream in its Bitcoin Clean Energy Initiative

In a statement blockchain technology company Blockstream Mining said, Square Inc is set to invest $5 million to build an open-source, solar-powered bitcoin mining facility at one of its sites in the United States. In the announcement on its blog Blockstream said the “facility will be a proof-of-concept for a 100% renewable energy Bitcoin mine at…

Mitsubishi Corp to supply clean energy to Amazon.com Inc’s European data centre

On Monday, in a report Japan’s the Nikkei business daily said, Mitsubishi Corp is set to enter into an agreement to “provide Amazon.com Inc’s European facilities with renewable energy through its Dutch unit, Eneco”. An offshore wind farm which is being built by Eneco is scheduled to come online in 2023; it will supply 130…

Japan plans on eliminating gas powered vehicles by mid-2030s, ramps up renewable energy investments

On Friday, in a significant development, the Japanese government said it aims to eliminate gasoline-powered vehicles in the country in the next 15 years so as to reach net zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050. The “green growth strategy,” sees an increased adoption of hydrogen in…

Shipping industry making strides towards green hydrogen to meet UN carbon emission goals

In a significant development, for the very first time, developers across the globe are testing the usage of hydrogen to power ships. The development comes as the maritime industry races to find technologies to slash carbon emissions; there is also a growing confidence that LNG can be used safely commercially. The United Nations has set…

Saudi Arabia to invest $2 billion into solar & carbon black project

The project will also see the participation of South Korea’s OCI and China’s Longi. As per a statement from a Saudi official, Saudi Arabia plans on developing a $2 billion solar and carbon black integrated complex in partnership with South Korea’s OCI and China’s Longi. A feasibility study for the carbon black and solar project…

Saudi Arabia and SoftBank ditches plan to build world’s biggest solar power plant

Having scrapped the $200 billion project Saudi Arabia said it will come announce a newer, broader strategy to renewable energy later this month. According to a report from the Wall Street Journal which cites officials from the Saudi government, Saudi Arabia has shelved its plan to build the world’s biggest solar powered project with SoftBank…

Utility-scale batteries set to be a multi-billion dollars market by 2022

The nenewable energy market in the Asia Pacific region is to boom with utility-scale batteries replacing expensive power grids. In a strategic move, Japan’s JERA, is set to collaborate with a U.S.-German joint venture along with an Australian firm in order to develop battery projects in the Asia-Pacific region. The move targets a market expected…

All of Apple’s facilities worldwide run from clean energy

Apple has reached a major milestone with this achievement. The next step is to encourage suppliers to follow suit. Apple has stated, it has achieved its goal of powering all of the company’s facilities, including data centers, retail stores and offices in 43 countries, with renewable energy. Many big U.S. companies, including Alphabet, Apple and…

Tesla’s wind powered battery solution for South Australia on track for deployment by Dec. 1

South Australia’s power blackout could be history thanks to Tesla’s “Hollywood solution”. Almost a year after South Australia suffered a major blackout, it has started building the world’s biggest battery to help keep its electricity grid on and humming in what is being slated as Australia’s most wind-dependent state. With Tesla winning the bid to…