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Finance for Renewables in Developing Countries Is on the Rise
Global finance to developing countries in support of clean and renewable energy reached USD 21.3 billion in 2017. This almost doubles the level from 2010 when international financial flows were at USD 10 billion, according to latest figures of a…
These Stackable Blocks Could Keep Coal Plants Running, Emissions-Free
As climate change worsens, the future of fossil fuel jobs and infrastructure is uncertain. But a new energy storage technology invented in Australia could enable coal-fired power stations to run entirely emissions-free. The novel material, called miscibility gap alloy (MGA),…
Domestic Tourism Can Help Drive Economic Recovery in Destinations Worldwide
As restrictions on travel begin to ease globally, destinations around the world are focusing on growing domestic tourism, with many offering incentives to encourage people to explore their own countries. According to the World Tourism Organization (UNWTO), with domestic tourism…
Shanghai Shipping Company to save thousands of tons of fuel annually thanks to ABB Ability™ solution
ABB is to install its state-of-the-art engine diagnostics software ABB Ability™ Tekomar XPERT on 12 bulk carriers operated by Shanghai Ming Wah Shipping Co. The fleetwide deployment follows a successful trial on two ships in 2019. Under the first order…
A Higher-Yield Rice Variety Moves Madagascar Further on the Path to Self-Sufficiency
Madagascar has a rich history of rice cultivation. Outside of Asia, Madagascar has the longest tradition of rice production, and this staple is cultivated in almost all districts of the country. For the Malagasy people, rice is a core part…
EIB and IDF sign €50 million loan to support faster post-COVID recovery
Montenegrin small and medium-sized enterprises (SMEs) and mid-caps in tourism and other sectors severely affected by COVID-19 will benefit from a €50 million loan that the European Investment Bank (EIB) has signed today with the Montenegrin Investment and Development Fund…
ABB Factory in India Wins Gold Certification for Sustainability and Eco-Efficiency
Embedding sustainable technologies lies at the heart of ABB’s purpose. A very clear proof point of this is the company’s factory in Nashik, India, which was recently recognized with a gold certification by the Indian Green Building Council (IGBC). The…