Air conditioning companies’ sustainable designs face high costs

Air conditioning companies’ sustainable designs face high costs

DUBAI, Dec 5 – When temperatures climbed north of 40 degrees Celsius (104 degrees Fahrenheit) in Seville during this summer’s crushing heatwave in Europe, air conditioning use jumped 23% in the southern Spanish city compared to how many hours ACs ran during the same period in 2022. Lisbon’s average AC use, too, went up by … Read more

India’s Adani Green seals $1.36 bln funding

India’s Adani Green seals $1.36 bln funding

BENGALURU, Dec 5 (Reuters) – India’s Adani Green Energy (ADNA.NS) said on Tuesday it received a follow-on funding of $1.36 billion via senior debt facility, boosting its construction financing framework – which is backed by a consortium of international banks – to $3 billion. Reporting by Rama Venkat in Bengaluru; Editing by Janane Venkatraman Source … Read more

New York gets $24 mln federal funding to bolster electric grid

New York gets $24 mln federal funding to bolster electric grid

The One World Trade Center building stands amid the Manhattan skyline in New York City, U.S., July 26, 2023. REUTERS/Amr Alfiky/File Photo Acquire Licensing Rights Nov 27 (Reuters) – New York has been awarded nearly $24 million in federal funding to strengthen and improve the state’s electric infrastructure in order to minimize the effects of … Read more

‘Vote of confidence’: UK hails $37 billion of foreign investment

‘Vote of confidence’: UK hails $37 billion of foreign investment

FDI gathering held at 16th century palace Sunak hails investment, holds off on subsidy push Britain has slipped in FDI rankings HAMPTON COURT, England, Nov 27 (Reuters) – Prime Minister Rishi Sunak announced 29.5 billion pounds ($36.8 billion) of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting … Read more

Indian scientists hope cloud seeding can clean Delhi’s toxic air

Indian scientists hope cloud seeding can clean Delhi’s toxic air

NEW DELHI, Nov 9 (Reuters) – Indian scientists plan to seed clouds for the first time to trigger heavy rain in some areas of New Delhi, hoping this will be enough to tackle the smog gripping the world’s most polluted capital for a week, the project’s head said on Thursday. Air quality dips in Delhi … Read more

Siemens Energy sees $1.1 billion in sales from electrolyser business mid-term

Siemens Energy sees $1.1 billion in sales from electrolyser business mid-term

Miniatures of windmill, solar panel and electric pole are seen in front of Siemens Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BERLIN, Nov 8 (Reuters) – Siemens Energy (ENR1n.DE) expects more than 1 billion euros ($1.1 billion) in revenues mid-term from its hydrogen electrolyser manufacturing business, one … Read more

Exclusive: Natgas producer Chesapeake explores buying Southwestern Energy -sources

Exclusive: Natgas producer Chesapeake explores buying Southwestern Energy -sources

A 3D printed oil barrels and oil pump jack are seen in front of displayed Chesapeake Energy logo in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing Rights Oct 17 (Reuters) – U.S. natural gas producer Chesapeake Energy Corp (CHK.O) has approached Southwestern Energy (SWN.N), a peer valued by the stock market at … Read more

Finland says ‘outside activity’ likely damaged gas pipeline, telecoms cable

Finland says ‘outside activity’ likely damaged gas pipeline, telecoms cable

Gas pipeline, telecoms cable connect Finland and Estonia Cause of the damage, and who did it, unclear – Finnish PM No threat to energy safety, telecommunications – Finnish PM European gas prices rise on the news HELSINKI, Oct 10 (Reuters) – A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the … Read more

Wall St Week Ahead Surging Treasury yields upend stock market’s “bond proxies”

Wall St Week Ahead Surging Treasury yields upend stock market’s “bond proxies”

A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights NEW YORK, Oct 6 (Reuters) – Soaring Treasury yields have stunned the U.S. equity market in recent weeks, with some of the worst fallout hitting a group … Read more

Sunak delays UK petrol car ban, seeking voter support on climate

Sunak delays UK petrol car ban, seeking voter support on climate

Sunak delays petrol car ban by 5 years Eases targets on heating, insulation Says UK is committed to overall 2050 net zero target Businesses complain over changing targets LONDON, Sept 20 (Reuters) – Prime Minister Rishi Sunak watered down Britain’s plans to tackle climate change on Wednesday, saying he would delay a ban on sales … Read more