Glowing Reviews: Rosatom Has Scored Major Projects

Rosatom’s construction of nuclear reactors is a key geopolitical asset for Vladimir Putin, as sanctions weaken Russia’s economy during the war in Ukraine. Alamy Stock Photo While Russia’s economic performance has been lackluster as its war economy struggles to underpin growth, a clear bright spot remains: nuclear energy. Following the Shanghai Cooperation Organization Summit, where…

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Ocean Power Joins The Renewable Energy Mix

Current Climate brings you the latest news about the business of sustainability every Monday. Sign up to get it in your inbox. Renewable energy, led by solar and wind combined with battery storage, along with hydro and geothermal projects, is the fastest-growing source of new electricity generation in the U.S., helping to wean the grid…

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Philippines’ First Gen, Sinar Mas To Develop Over $2 Billion Of Geothermal Projects In Indonesia

An integrated geothermal complex owned and operated by First Gen’s EDC in the Philippines. Courtesy of First Gen Sinar Mas—controlled by tycoon Franky Widjaja and his family—has partnered with Philippine tycoon Federico Lopez’s First Gen Corp. to build six geothermal power plants with a combined capacity of 440 megawatts in Indonesia. The projects would entail…

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Malaysian Tycoon Lin Yun Ling’s Gamuda Building Over $1 Billion Of Solar Projects Amid Data Center Boom

Close up of Solar cell panel with sunset reflection. getty Gamuda—a construction company cofounded by Malaysian tycoon Lin Yun Ling—is expanding rapidly in the renewable energy space, winning two solar projects this month with a combined capacity of 2.7 gigawatts of electricity that would power data centers when completed. Malaysia is among the data center…

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