Renewable energy

While the broader market had its ups and downs in the first half of 2024, two utility stocks have defied expectations, delivering stellar returns and significantly outpacing their peers. The Utility sector, tracked by the SPDR Select Sector Fund – Utilities (NYSE:XLU), is up over 8% year-to-...

As the artificial intelligence revolution gains momentum, a bullish analyst foresees a surge in electricity demand, which they said is a boon for solar companies like First Solar Inc (NASDAQ:FSLR). First Solar stock has returned 39.38% to investors over the last year, over 60% YTD, and about 80%...

Aerospace and defense conglomerate RTX Corp (NYSE:RTX) has entered into an energy supply agreement with a subsidiary of ENGIE North America, ENGIE Resources LLC (ENGIE). What Happened: ENGIE will provide 100% renewable electricity to 12 of RTX’s Texas facilities. The agreement with ENGIE runs...

The International Energy Agency (IEA) disclosed that the sale of electric vehicles, which accounted for one-fifth of all new cars sold worldwide last year, resulted in a notable reduction in oil demand. What Happened: The IEA’s report states that without EVs, solar, wind, and...

Ark Invest CEO Cathie Wood, known for her unwavering belief in Bitcoin's (CRYPTO: BTC) potential, called out the naysayers with a weekend tweet, saying: "Bitcoin skeptics can't have it both ways." The tweet aimed to amplify a thread by Yassine Elmandjra, Director of...

Bitcoin (CRYPTO: BTC) is in a tug-of-war between its core principles and environmental concerns over its greenhouse gas emissions. A Newsscientist article portraying Bitcoin as an energy guzzler is drawing a hostile response from Bitcoin activists and a correction by X'...

The price of copper is expected to rise by over 75% by 2025, driven by supply disruptions and increased demand for the metal, largely due to the global shift towards renewable energy. What Happened: The increasing demand for copper, partially fueled by the global transition to green energy, is...

In the pursuit of a sustainable future, renewable energy offers a solution. However, this path is lined with unique challenges. The intermittent nature of wind and solar power presents difficulties that must be addressed in our quest for sustainability. Transitioning from traditional to renewable...

Major crypto miners recently discussed strategies to mitigate the impact of Bitcoin (CRYPTO: BTC) halving, set to take place in April 2024. They're focused on being prepared, maintaining capital reserves and improving fleet efficiency to effectively navigate the challenges...

A new World Economic Outlook (WEO) report predicts that the world would reach its global energy-related CO2 emissions peak by 2025. Given the phenomenal rise in green technologies, It predicts that the share of renewables in the global electricity mix could increase from 30% to about 50% by 2030....

Southern Co (NYSE: SO) subsidiary Southern Power acquired solar project Millers Branch Solar Facility from EDF Renewables, for an undisclosed amount. This is SO's 29th solar project acquisition; it is a 200 MW facility located in Texas and is expandable to 500 MW. The project...

The founder and chief investment officer of Argonaut Capital Partners, Barry Norris, is cautioning investors against pursuing hydrogen investments, predicting bleak returns in the near future. What Happened: Norris recently expressed his skepticism about the sustainability of several business...

Temperatures have been rising, and U.S. Sen. Bernie Sanders is sounding the alarm. In an op-ed titled "This year is set to be the hottest in history. Congress must act now" for The Guardian, Sanders pointed out that the past eight years have been the warmest ever documented. And the world has to...

JPMorgan (NYSE: JPM) on Friday revealed that Bitcoin (CRYPTO: BTC) miners who can access inexpensive electricity from sustainable sources are more likely to thrive amidst intensifying competition. In a research report, the bank emphasized that the primary expenditure in Bitcoin mining is...

The U.S. clean energy sector is set to deliver a record-breaking 600 gigawatts (GW) of solar, wind and energy storage capacity by the end of the decade, according to BloombergNEF’s latest Clean Energy Market Outlook. The report notes that the White House’s Inflation Reduction Act has...