sustainability

World’s Largest Sodium-Ion Battery Now Operational, Capable of Powering 12,000 Homes

A groundbreaking sodium-ion battery project in China's Hubei province has been switched on, boasting an impressive capacity of 100,000 kWh. This immense energy storage system is capable of supplying electricity to 12,000 homes with a single charge.

The project represents the first phase of the Datang Hubei Sodium Ion New Energy Storage Power Station, which covers an expansive 30-acre site, equivalent to about 15 football fields.

Indigenous Businesses are Flourishing Across Diverse Industries: Here's How to Ensure Continued Growth

When people discuss the creativity and resourcefulness of Indigenous communities, they often focus on talented artists, athletes, and respected Elders. However, there is a growing recognition of Indigenous business leaders who are making significant contributions to various sectors.

European AI Act Takes Effect

On August 1, 2024, the European Artificial Intelligence Act (AI Act) officially comes into effect. This landmark legislation is designed to promote the responsible development and deployment of artificial intelligence within the European Union.

France, Norway, UK: Leaders in the Floating Offshore Wind Race

Countries are advancing technology to harness wind power from greater ocean depths. Offshore wind energy has become a key component of renewable energy production, but has mostly been confined to shallow waters, limiting its potential reach. This is set to change with the advent of floating wind technology.

Spain Advances in Green Hydrogen Race with EU's Approval of Major State Aid

Spain’s ambition to become a leading producer of 'green' hydrogen, a crucial element in Europe's transition away from fossil fuels, has taken a significant step forward. The European Union has approved substantial state aid to support this initiative.

The European Commission has sanctioned €1.2 billion in government support for Spain’s emerging renewable hydrogen industry. This approval reinforces Spain’s goal of becoming a key player in the production of this environmentally friendly fuel.

New Wave of Electric Vehicles Ready to Charge at 70 mph

Despite the increasing number of electric vehicles (EVs) capable of traveling over 300 miles on a single charge, range anxiety remains a significant barrier to widespread adoption, particularly in the U.S. A straightforward solution to alleviate fears of being stranded mid-trip is to equip cars with an onboard charger. Unlike traditional hybrids that use gas to power the wheels, a new generation of vehicles uses gas solely to charge a large onboard battery.

Dutch Clean Tech Innovation Driving Europe's Green Energy Transition

Clean tech companies are at the forefront of Europe's mission to achieve carbon neutrality by 2050. A Dutch firm, supported by European Union funding, has created an innovative green energy solution aimed at helping reach this goal.

Supporting Europe's Food and Drink Industry for a Competitive and Sustainable Future

From June 6 to 9, 2024, millions of EU citizens participated in electing 720 new Members of the European Parliament (MEPs) to guide the EU's policies over the next five years. The high voter turnout reflected a strong engagement from EU citizens in shaping policies affecting every aspect of business and life, from environmental regulations to economic and social policies.

UN Forum on Sustainable Development Ends with Renewed Commitment and Urgent Call to Action

The High-Level Political Forum (HLPF) on Sustainable Development concluded recently, with global leaders reaffirming the need for increased efforts and expedited actions to meet the Sustainable Development Goals (SDGs) by the 2030 deadline. The SDGs serve as a comprehensive framework aimed at creating a better and more sustainable future for all.

New MiCA Regulations Enhance Retail Investor Transparency

The European Securities and Markets Authority (ESMA), the EU’s financial markets overseer, has issued the second final report under the Markets in Crypto-Assets Regulation (MiCA). This report includes eight draft technical standards designed to boost transparency.

Targeted at retail investors, the second final report offers clear directives for service providers on disclosure, record-keeping, and data standards for oversight by National Competent Authorities (NCAs).