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CEO projects share of sales will double as companies integrate technology into operations
...The move by the US Department of Commerce affects the supply of chips for Huawei’s laptop computers and mobile phones, according to people familiar with the situation....
...Europe currently produces less than 3 per cent of the panels needed to reach its 2030 target for solar power....
...Renewables developers are increasingly striking long-term power deals with large corporations, helping both sides get some certainty over long-term power prices....
...The power supply issue has also fuelled concerns about the latest technology boom’s environmental impact....
...Energy Capital Partners, a large private investor with green and fossil fuel power assets, said expanding gas-fired generation would be critical in supplementing renewable supplies to data centres....
...But it also highlights concerns about forced labour in Chinese supply chains....
...The group’s market capitalisation has almost halved from its late-2021 peak of $1.2tn, when investors’ faith in the messianic powers of Musk went unquestioned....
...Japan Tobacco’s chief executive has said the company will keep its lucrative Russian business to satisfy investors after reshaping its supply chains to comply with sanctions....
...Lawmakers also passed a regulation banning products made with forced labour, and giving member states and the European Commission new powers to investigate goods and supply chains....
...Through this structure, new turnkey sources of water supply can be introduced into the network via competitive means, similar to how power purchase agreements were used to commercialise and incorporate renewables...
...Energy and climate ministers pledged to phase out unabated coal power “during the first half of 2030s” after two days of meetings in Turin....
...If it cannot, there would be consequences for the aerospace supply chain and for airline customers. New entrants have tried to break into the industry but with mixed success....
...The father of mortgage-backed securities, unsurprisingly, puts his faith in the power of markets. Larry Fink last week released his perennially anticipated shareholder letter....
...The supply glut has enticed US power companies to favour imports over more expensive domestic panels as they build new solar generating complexes....
...Battery storage facilities earn revenue by buying and selling power in the wholesale market and can also be paid by National Grid’s ESO to store and discharge power to smooth out supply and demand....
...The government said it would support further building of gas-fired power plants by allowing their developers to retain access to key subsidy payments to supply back-up power for the grid....
...Monetarism, on the other hand, is a causal claim: it holds, roughly, that the quantity of money affects purchasing power and the economy....
...Russia’s enriched uranium makes up 30 per cent of EU supply....
...power supplies to millions in US Climate change: Record carbon dioxide levels alarm scientists Ecosystems under stress: Trouble in Costa Rica’s eco-paradise as homebuyers heat up market Global change...
...Japan, South Korea and Australia are tightening rules to rein in the market power of big tech groups, posing fresh regulatory challenges for Apple and Google following a similar crackdown in the EU and US...
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...Sales at Precision Castparts, an aeroplane parts manufacturer that supplies Boeing, jumped 10 per cent to $2.5bn....
...Uranium supplies have shot up in recent years, driven by a renaissance in government interest in low-carbon nuclear power....
...Both were lossmaking business models with complex supply chains. Regardless, their market capitalisations peaked at about $50bn in 2021. Both were left exposed when interest rates rose in 2022....
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