Decarbonization - CybAI news

14 Aug

EON Boosts Spending on Energy Transition as Europe Electrifies

stp2y0 CommentsRAG modelsDecarbonization, Earnings, europe, germany, Government, industries, infrastructure, Leonhard Birnbaum, Markets, regulation, Taxes, Technology, Utilities

EON SE ramped up investments more than 20% in the first half as the German utility expands a massive network of cables that’s helping to drive the energy transition. As one of Europe’s largest distribution-grid operators, EON plays a key role in the economy’s electrification. The continent aims to be climate-neutral by the middle of the century, an endeavor that requires a huge build-out of grids so that millions of clean-energy generators can be connected. Source link lol

UK Plans Grid Links to Speed Floating Offshore Wind Farms

stp2y0 CommentsRAG modelsclimate change, Decarbonization, design, ESG Concerns, Government, regulation, renewable energy, Technology, United Kingdom, Wind Energy

The UK’s electricity system operator has designed a plan to connect three proposed floating offshore wind farms with the grid, as the country’s decarbonization drive picks up speed.National Grid ESO has planned the links for 4.5 gigawatts of floating offshore wind in the Celtic Sea, an area of the Atlantic Ocean off the coast of South Wales and southwest England. The connections have been designed before seabed leasing takes place for the wind farms, which will generate enough power to supply 4 million homes. Source link lol

Malaysia Boasts of Chip Clout as Infineon Opens €7 Billion Site

stp2y0 CommentsRAG modelsAnwar Ahmed Hamoud Al Ibrahim, Asia, Automotive, china, Decarbonization, Government, INFINEON TECHNOLOGIES AG, Jochen Hanebeck, Kuala Lumpur, Malaysia, politics, Technology

Malaysia is gaining more heft in the global supply chain as Infineon Technologies AG opens a major semiconductor manufacturing complex in the country, the Southeast Asian nation’s leader said. “We are now be able to receive and expand the technology. It shows Malaysia is now going up the ladder,” Prime Minister Anwar Ibrahim said at the opening ceremony of the first phase of Infineon’s €7 billion ($7.7 billion) production site in the northern Malaysian district of Kulim on Thursday. Source link lol