APM Holding banks on hot water instead of black oil

APM Holding is investing in geothermal technology in a move to support the transition away from coal and gas. "The potential is too great to not be pursued," says Samir Abboud, who heads the project at APM Holdings.

Norway's first electric airplane takes off

An electric airplane developed in Norway will take off on its maiden voyage Monday. However aviation will take decades to transition to electricity-powered models, says one professor.

Fortum wins big at Russian auction

The Forum-Rusnano consortium has won rights to install 823 MW subsidized onshore wind in Russia. In the same auction, Finnish Fortum has also won rights to install 110 MW in solar capacity.

Tesla bounces back

Tesla Model 3 car is on its way to the conveyor belt, and equity price is climbing.

Danish researchers synthesize diesel and jet fuel from wood refuse

Danish researches from Aalborg University in collaboration with Danish energy company Steeper Energy have found a way to synthesize biofuels from wood waste for use in jets, ships and freight trucks. Researchers eye favorable possibilities for future commercial application.

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