A Bill Gates-backed start-up aims to revolutionize wind energy with a new, efficient, mass-producible, and versatile design. US-based firm Airloom Energy’s innovative renewable energy technology to maximize wind power’s potential has now gained significant backing from investors. The list also includes Breakthrough Energy Ventures, the innovation platform led by Microsoft founder Gates, and the state…
DNV, a Norwegian risk management company, finds global emissions likely have peaked. Image: Bloomberg 3 min read Last Updated : Oct 09 2024 | 9:22 AM IST By Eamon Akil Farhat The world is choking from emissions more than ever but that trend is set to reverse starting next year as the cost…
At a time when Hong Kong tycoons are being called upon to help with the country’s development as it undertakes much-needed reforms, Michael Kadoorie can point to his family’s long-storied involvement in both the city and mainland China as ample proof of that commitment. Yet in a rare recent interview, the media-shy Kadoorie and his…
With senior American officials meeting their Chinese counterparts last week to discuss the effects of China’s manufacturing “overcapacity” on the US economy, it is worth pausing to consider both the significant benefits and concerns over Beijing’s massive and unprecedented expansion of clean energy technology. China’s leadership across all facets of decarbonisation, including research and development,…
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Alex Gabriel Simon, an equities reporter in Mumbai, where it’s all bright and sunny this morning. That’s a fitting backdrop for Indian stocks, which are…