Google announced its biggest deal yet to purchase offshore wind energy for its data centers in Europe, signing power purchase agreements to support two new wind farms off the coast of the Netherlands. It’s part of Google’s plan to match all of its data center electricity consumption with clean energy generation on a 24/7 basis by 2030. To do that, the company will need to help get more renewable energy, including offshore wind, pulsing through power grids where it operates. It shared… Source link
Read More »Bill Ackman to wind up SPAC, return $4 billion to investors
By Svea Herbst-Bayliss, Anirban Sen and Arunima Kumar NEW YORK (Reuters) -Billionaire investor William Ackman, who had raised $4 billion in the biggest-ever special purpose acquisition company (SPAC), told investors he would be returning the sum after failing to find a suitable target company to take public through a merger. The development is a major setback for the prominent hedge fund manager who had initially planned for the SPAC to take a stake in Universal Music Group last year when… Source link
Read More »Russian invasion of Ukraine could trigger ‘stagflationary wind’: Mohamed El-Erian
President Joe Biden and U.S. officials including Secretary of State Antony Blinken are sounding the alarm on a potential impending Russia invasion of Ukraine. That’s adding to pressure on equity markets, as one prominent economist warns of the stagflationary risks if there is indeed military conflict. “If it were to get worse — which is a big if — a very strong stagflationary wind would blow through the global economy,” Mohamed El-Erian, president of Queens College at Cambridge… Source link
Read More »Wind sweeps up controversy at men’s downill
YANQING, China — High-speed winds and controversy swept through the National Alpine Skiing Center here on Saturday, with the cancellation of a men’s downhill training session sparking fears that the Olympic competition will be neither safe nor fair. Organizers, citing wind gusts that created “dangerous” and “unpredictable” conditions, called off Saturday’s session after just three runs. Norway’s Aleksander Aamodt Kilde, the gold medal favorite, got one of them. His top… Source link
Read More »Google signs deal to buy power from Orsted’s German offshore wind farm
COPENHAGEN, Nov 30 (Reuters) – Danish offshore wind developer Orsted (ORSTED.CO) on Tuesday said it has secured a 12-year power purchase agreement with Google (GOOGL.O), which aims to power all its data centres and offices using solely carbon-free electricity by 2030. The U.S. tech giant will take 50 megawatt (MW) of output from Orsted’s planned 900 MW Borkum Riffgrund 3 wind farm in the German North Sea. While making it possible for big firms to source green power, such deals also provide a… Source link
Read More »Russia’s Yandex seals wind PPA to support data centre in Finland
June 30 (Renewables Now) – Russian Internet company Yandex (MCX:YNDX) plans to fully run its Mantsala data centre in Finland on wind power purchased from local renewables firm Ilmatar Energy. The two parties have entered into a five-year power purchase agreement (PPA) under which Yandex will source electricity from wind farms operated by the Finnish company. The Russian search and ride-hailing provider is pursuing a… Source link
Read More »South Dakota rocked again as a wind turbine plant shuts its doors
John F. Kerry, the special presidential envoy for climate, said only months ago that those losing fossil fuel jobs in coal and hydraulic fracturing will find they have a better choice in jobs in either the solar industry or as wind turbine technicians. That was then. Now, a wind blade manufacturing plant located in Aberdeen, South Dakota has announced it is shutting its doors permanently in less than two months. The disappearance of Molded Fiber Glass will displace over three hundred workers… Source link
Read More »T-Mobile to wind down live TV services, offer YouTube TV
(Reuters) – T-Mobile US Inc said on Monday it was winding down its live TV services and would instead offer YouTube TV and YouTube Premium under an expanded partnership with Alphabet Inc’s Google. The company said Live, Live + and Live Zone services would be shut down on April 29 and that it would give the first month of YouTube TV for free to customers who have subscribed for TVision Live. It will also offer YouTube TV to its customer at $54.99 per month, which is $10 below the regular… Source link
Read More »Ripple, MoneyGram to ‘Wind Down’ Partnership – Yahoo Finance
TipRanks Billionaire David Tepper Bets Big on These 2 “Strong Buy” Dividend Stocks Anyone trying to keep track of where the markets might be heading, could be forgiven for displaying signs of dizziness. The markets are being violently pulled in opposite directions lately, making it difficult to form a coherent investing strategy. It is in time like this that some expert advice might provide a clearer picture. Hardly any on the Street come more highly regarded than billionaire David Tepper…. Source link
Read More »Hurricane Hanna Makes Landfall, Rakes Texas Coast With High Wind
(Bloomberg) — Hanna, 2020’s first Atlantic hurricane, made landfall on Padre Island Saturday evening, bringing “life-threatening” storm surges, flooding rains and tree-toppling winds to south Texas. The storm came ashore with 90-mile-per-hour (145 kmph) winds, the National Hurricane Center said in an advisory at 6 p.m. EDT. Hanna is moving west-south-west at about 8 miles per hour. A Category 1 storm, the lowest on the five-step Saffir Simpson scale, much of Hanna’s damage is likely… Source link
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