Tag: energy investment

Saudi Arabia’s oil-powered desalination “success” consumes 20% of its domestic oil use

Nearly 20% of Saudi Arabia’s oil powers desalination, with projections rising to 50% by 2030. Experts warn it should remain a last-resort solution due to high energy and environmental costs.

Mantle8 uses AI to pinpoint natural hydrogen in French mountain

In the misty folds of the French Pyrenees, something quietly extraordinary is happening. At a remote site called Comminges in France, Mantle8, a pioneering natural hydrogen exploration company, has unearthed a breakthrough that could shift the balance of Europe’s energy landscape.

Ivanpah’s Sunset: Why the Collapse of a $2.2 Billion Solar Dream Threatens the Future of Renewable Energy

California is shutting down its Ivanpah CSP (Concentrated Solar Power) project, raising concerns about the future of CSP investments. Moshe Luz, a key scientist in the field, spoke to Green Prophet to address misconceptions and share insights. He argued that claims of bird deaths from CSP are myths and that Ivanpah's closure could hinder future renewable energy projects by discouraging investors from taking risks. Luz emphasized the need for bold investments to advance renewable technology.