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Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality
... by 1.53 Million Tons.
China has completed the construction of an innovative solar power plant featuring two towers and a field of 30,000 mirrors, located in the desert region of Gansu in the northwest of the country. This new facility is capable of generating up to 1.8 billion kWh of electricity per year—enough to supply power to approximately 170,000 homes.
A key feature of this plant is its use of concentrated solar power (CSP) technology, which incorporates thermal energy storage using molten ...
Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled
On August 1, 2025, global energy markets experienced significant changes: the price of Brent crude oil rose above $72 per barrel, generating substantial interest among experts and investors. The increase in oil prices is attributed to various factors, including steady demand for hydrocarbons and declining stock levels in major storage facilities. At the same time, European gas storage ...
Generation Y Radically Changes the Investment Sphere
The younger generation known as "Generation Y" is poised to radically change the investment landscape and the personal finance industry as a whole. These millennials, whose childhood spanned the early years of this century, are now entering the financial world with new perspectives and innovative ...
Energy Sector News – Thursday, July 31, 2025: Brent Exceeds $72; US Fed Keeps Rate Unchanged
On July 31, 2025, amidst ongoing fluctuations in global oil and gas prices, a significant event unfolded in the Russian energy market. The price of Brent crude surpassed $72 per barrel, generating a wave of news in the energy sector. The situation is exacerbated by new sanctions from the United States, including a ban on gasoline exports to Russia. In this turbulent moment, we will examine the current changes in the fuel market, the ...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... lacks the tools to compel private companies to purchase gas from specific suppliers. Moreover, significant demand growth in Europe is not expected, partly due to the development of low-carbon energy sources: the overall share of nuclear and renewable generation in the EU's electricity supply increased from 51% in 2010 to 71% in 2024 and will continue to grow, regardless of the availability of fossil fuels.” (
Source: Izvestia
)
Experts warn that this year, Europe will need to import significantly ...