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Samsung Electronics invests over $5B, targets net zero emission by 2050

Samsung Electronics invests over $5B, targets net zero emission by 2050

Samsung Electronics will invest over 7 trillion won ($5.02 billion) by 2030 as part of a widespread environmental initiative aimed at making the firm carbon neutral by 2050. The tech giant will inves... Read more

Study says, switching to renewable energy can save trillions

Study says, switching to renewable energy can save trillions

An Oxford University study says that switching to renewable energy from fossil fuel could save the world approximately $12tn by 2050. The report of the study said it was pessimistic and wrong to clai... Read more

US company build $1.7B large-scale battery, data center in Australia

US company build $1.7B large-scale battery, data center in Australia

Private-equity firm Quinbrook Infrastructure Partners won approval to build a data center worth A$2.5 billion ($1.7 billion) in Australia, eventually including one of the nation’s largest utilit... Read more

Volkswagen nearing agreement to sell Electrify America stake to Siemens

Volkswagen nearing agreement to sell Electrify America stake to Siemens

Volkswagen is close to selling minority stake in its US EV charge business to an arm of Siemens AG, a deal which would value the network at over $2 billion, according to sources. A stake sale in Volk... Read more

BMW to explore energy investments to minimize dependence on natural gas

BMW to explore energy investments to minimize dependence on natural gas

The automaker’s production chief told reporters that BMW is exploring new solar, hydrogen, and geothermal energy investments to lower its reliance on natural gas. BMW’s production chief, ... Read more

How To Launch A Career In The Energy Industry

How To Launch A Career In The Energy Industry

The energy industry is one of the largest sectors worldwide. In the United States alone, about 6.4 million Americans were working in the energy sector as of 2017. Industry estimates reveal that the re... Read more

H2 Mobility raises $121 million from investors to build hydrogen infrastructure

H2 Mobility raises $121 million from investors to build hydrogen infrastructure

Germany-based H2 Mobility fuelling station network announced it would receive an additional 110 million euros ($121 million) over the next five years to build more infrastructure for hydrogen fuel cel... Read more


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