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    EU Green Gas And Nuclear Investment Rules Final Vote Is Near

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    South Korea To Grow Nuclear Energy Share Mix To 30% By 2030

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    Germany Prepares for Hybrid War as Russia Cuts Gas to Europe

    EIB to finance new medium-size onshore wind farm in Poland

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    India Experiences A Boom In Investment In Renewable Energy

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    Refiners Should Not Be Making Above Normal Profits- Biden

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    Cluster of Businesses Want The EU To Improve Energy Security

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    Central American Development Bank commits $800 million toward the fuel relief effort

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    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

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    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    GE’s digital power transformers selected for multiple projects across the globe

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    EIB to finance new medium-size onshore wind farm in Poland

    Making The Largest Offshore Wind Farm Project A Reality

    Testing To Be Performed On The First Hydrogen-Powered CTV

    Testing To Be Performed On The First Hydrogen-Powered CTV

    A Significant Step Towards Clean Energy- Green Hydrogen

    In Green Hydrogen, Germany Aims To Invest EUR 3.6 Billion

    EU Green Gas And Nuclear Investment Rules Final Vote Is Near

    EU Green Gas And Nuclear Investment Rules Final Vote Is Near

    South Korea To Grow Nuclear Energy Share Mix To 30% By 2030

    South Korea To Grow Nuclear Energy Share Mix To 30% By 2030

    Germany Prepares for Hybrid War as Russia Cuts Gas to Europe

    Germany Prepares for Hybrid War as Russia Cuts Gas to Europe

    EIB to finance new medium-size onshore wind farm in Poland

    Offshore Wind Sector Will Have More Than Doubled By 2031

    Argentina reveals its nuclear new build plans

    Nuclear Power To Play Key Role in Securing Energy Shifts

    India Experiences A Boom In Investment In Renewable Energy

    India Experiences A Boom In Investment In Renewable Energy

  • Market Moves
    Refiners Should Not Be Making Above Normal Profits- Biden

    Refiners Should Not Be Making Above Normal Profits- Biden

    Cluster of Businesses Want The EU To Improve Energy Security

    Cluster of Businesses Want The EU To Improve Energy Security

    Enel plans to expand power distribution business into US

    In A Move To Avert Blackouts Australia Halts Power Market

    Central American Development Bank commits $800 million toward the fuel relief effort

    Central American Development Bank commits $800 million toward the fuel relief effort

    A New 500-MW Supercritical Coal-Fired Power Plant Going into Operationa in Philippines

    EU Reduces Plans of Fossil-Fueled Electricity By One-Third

    BP to invest up to £18 billion in UK energy system by 2030

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

  • Press Statements
    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

    GE's digital power transformers selected for multiple projects across the globe

    GE’s digital power transformers selected for multiple projects across the globe

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Why Ukraine Might Lead Transition To Green Energy In Asia

in News, Renewable Power
Why Ukraine Might Lead Transition To Green Energy In Asia

The region’s nations, notably its three largest economies, China, Japan, and India, came under fire last year for not pledging greater amounts of resources to combat climate change at the COP26 international conference. However, six months later, there is still another, perhaps more pressing, reason for Asia to move away from oil, gas, and coal: money.

Since Russia began its invasion of Ukraine in late February, energy costs worldwide have increased. With Germany believing hydrogen could be its solution, it has forced European nations to look for alternatives to lean less on Russian gas. Before the conflict in Ukraine, Japan and South Korea made significant investments in hydrogen technology. The rising cost of energy has given them an additional motivation to move more quickly toward cleaner fuels.

Despite the fact that burning coal to produce energy significantly pollutes the environment, Asian economies persist in doing so. Even if some nations have made headway toward reducing their reliance on fossil fuels, in times of need, such as when two of the region’s economic behemoths, China and India, had power shortages, coal was the source that they turned to.

After the Fukushima nuclear tragedy in 2011, Japan, which had previously invested heavily in nuclear energy, also turned to fossil fuels.

An increasing number of South Korean companies are now placing their bets on hydrogen, which some experts believe can aid nations in making the switch from fossil fuels to renewable energy sources. The nation has so far declared the largest state intervention in hydrogen technology research in Asia.

Seoul is promoting investments in hydrogen production, fuel cell power generation technology, and hydrogen-powered vehicles. Since hydrogen may be kept as a solid, liquid, or gas, some scientists believe that it is the most useful substitute for fossil fuels. This indicates that it can be transferred and stored more easily than solar and wind energy.

According to S&P Global Commodity Insights’ Vince Heo in Seoul, hydrogen is like an energy carrier. One can use the energy that is stored in hydrogen whenever they wish. There are various forms of hydrogen, and what South Korea is now engaging in is not emission-free, which is a major problem.

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