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Energy Solar Videos

Elixir Energy advances exploration and appraisal program in Mongolia [Video]

Elixir Energy’s Neil Young updates Proactive on activity at the company’s wholly-owned Nomgon IX coal bed methane (CBM) Production Sharing Contract in Mongolia. The energy stock recently finished drilling the Bulag-Suuj-1S exploration well and is now spudding the Venetian-1S exploration well as part of an exploration and appraisal program. Moving ahead, the company’s extended pilot production program is advancing in parallel to exploration and appraisal drilling. Young says as Elixir moves into the middle of the Mongolia summer, the company’s operations efforts are moving into top gear.

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Solar Videos

Tlou Energy in Botswana to update on production and transmission line construction [Video]

Tlou Energy’s Tony Gilby and Colm Cloonan report from Botswana where they say, in the field, they’ve spent a lot of time assessing operations, in particular the flowing gas wells, connection to the grid and producing first revenue. Gilby says the Lesedi-3 well has started out very strongly while Lesedi-4 is  also making great progress.

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Energy

European Union’s Wind Power is Struggling to Scale [Video]

Wind power industry in Europe is struggling to scale, even when switching to renewables and ensuring Energy security is the main priority.Leading turbine manufacturers like Nordex and Vestas have announced plans to shut their factories in Germany, Spain and Denmark over reducing business and increasing costs.Let’s learn why Europe’s €60 billion Wind farms are struggling to scale their operations.References: https://paste-bin.xyz/64403Please subscribe to the channel to stay updated on World Energy: https://www.youtube.com/channel/UCjXYybkC0D6FeHsPK9TtltA

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Solar Videos

enCore Energy provides corporate update following sale of Cebolleta Uranium Project [Video]

enCore Energy Corp executive chairman William M Sheriff joined Proactive’s Stephen Gunnion with details of the sale of its Cebolleta Uranium Project in New Mexico to Future Fuel Corporation.Sheriff telling Proactive that the move is a major step towards reaching enCore’s goal of becoming the next producer of American uranium.The sale resulted in enCore holding approximately 15.90% of Future Fuels and a US$250,000 boost to its balance sheet, which he said will help bring enCore’s Rosita Central Uranium Processing Plant back into production.

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Solar Videos

Brookside Energy continues significant momentum at Flames Well [Video]

Brookside Energy’s David Prentiss updates Proactive about the momentum it currently has at Flame’s Well, where Contractor Producers Service Corp (PSC) will start moving in equipment. The managing director explains why the completion of its HBP program in the SWISH Area of Interest (AOI) in the world-class Anadarko Basin of Oklahoma is a significant milestone. Operations are expected to be completed in the first week of June, with completion of the Flames Well and the establishment of oil and gas sales from this DSU continuing the significant operational momentum in a high oil price environment.

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Nature

Tietto Minerals reports high grade gold intercept of 55.13 g/t gold in second batch of assays [Video]

Tietto Minerals’ Mark Strizek speaks with Proactive about the pleasing nature of the high-grade gold intercepts found in the second batch of assay results from ongoing infill drilling at AG South, within Tietto’s 3.45-million-ounce Abujar Gold Project in Côte d’Ivoire, West Africa. Strizek explains how the “company is drilling and building” and how it is converting the Indicated into a Measured resource. A highlight from the latest drilling was the 55.13 g/t gold in one intersection. Tietto has six diamond drill rigs on site and has ordered two more to help hit its targets. Finally, the Tietto executive director updates the Life of Mine schedule and what to expect next from the company.

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Sustainability

Switch to EVs won’t solve ‘road dust’ pollution, it could make it worse [Video]

Electric vehicles are set to end tailpipe emissions, significantly improving air quality in urban areas. But particulate matter emitted from brakes and tyres will continue to pose health risks and could even increase after the EV revolution, studies show.For more EU news, visit our webpage: https://www.euractiv.com/Follow us on Social MediaTwitter: https://twitter.com/EURACTIVFacebook: https://www.facebook.com/EURACTIVInstagram: https://www.instagram.com/euractiv/

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Sustainability

CleanSpark finalizes $35 million in financing, partners with Sustainable Bitcoin Standard [Video]

CleanSpark Inc Executive Chairman Matthew Shultz tells Proactive said it has finalized $35 million in non-dilutive financing from Trinity Capital Inc, a provider of venture debt financing.The company said the three-year equipment financing agreement is backed by 3,336 new S19j Pro miners and carries an annual interest rate of 9.9%.CleanSpark said it intends to use the proceeds from the facility for growth capital expenditures. Currently, the company has a fleet of over 23,000 latest-generation bitcoin mining machines in operation, with approximately 12,000 machines pending delivery and deployment in batches through October 2022.What’s more, it has announced that it is now a partner of Sustainable Bitcoin Standard (SBS), an organization that incentivizes clean bitcoin mining.

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Solar Videos

Accelerating energy independence and emission reductions: The role of advanced biofuels in transport [Video]

In July 2021, the European Commission tabled a proposal for the revision of the Renewable Energy Directive (REDII), with the overall objective of achieving an increase in the use of energy from renewable sources by 2030, to foster better energy system integration and to contribute to climate and environmental objectives. The proposal sets a framework for the deployment of renewable energy sources across all sectors of the economy with a particular focus on sectors where progress has been slow. Among those sectors is transport.In the context of transport, advanced biofuels have been identified in the REDII as one of the key solutions for the deployment of renewable energy sources as their role can be increased to support the reduction of emissions in all transport modes, from road to maritime and aviation.According to the biofuels industry, to achieve these goals ambitious mandates are needed to trigger investments in production installations. Regulation is also considered important, as it can play a critical role in creating the appropriate framework conditions for investments. For them, the recent discussion on raising Europe’s energy security underlines the importance of having non-fossil energy production in our own hands.Join this EURACTIV Virtual Conference to discuss the role of low-carbon liquid fuels and especially advanced biofuels in the energy transition. Questions to be discussed include:-How can the EU’s energy independence be increased at affordable prices while reducing fossil consumption and at the same time accelerating climate change mitigation efforts? How can this be done especially in the transport sector?-How can the sustainable potential of domestic feedstock for advanced biofuels be increased?-How can sustainability be ensured at every step of the value chain?-What kind of regulatory framework is needed to boost green growth investments?For more EU news, visit our webpage: https://www.euractiv.com/Follow us on Social MediaTwitter: https://twitter.com/EURACTIVFacebook: https://www.facebook.com/EURACTIVInstagram: https://www.instagram.com/euractiv/

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Sustainability

FTSE 100 opens lower as raft of ex-dividends outweighed bumper numbers from Tesla [Video]

FTSE 100 opened lower than expected as a raft of ex-dividends outweighed bumper numbers from electric vehicle maker Tesla. The blue chip index was down 3 at 7,626 in the early trades.Tesla posted another record quarter for profits, beating market expectations despite ongoing supply chain issues. Shares jumped 4% in after-hours trading as boss Elon Musk said deliveries this year should rise by 60%.One of Netflix’s largest shareholders, Bill Ackman, has sold his stake in the company, adding to the uncertainty surrounding the streaming service. It is estimated his hedge fund has lost over US$400mln as a result.THG, better known as The Hut Group, said it has received indicative bid proposals from a number of potential suitors in recent weeks, but deemed them “unacceptable” for failing to reflect the “fair value” of the online retail platform. Revenue growth in its first quarter slowed to 17.2% year-on-year.Gear4music warned revenues and earnings will be less than expected as rising inflation and weaker demand hit adding the first half of 2023 “may be more challenging”. The largest UK-based online retailer of musical instruments and music equipment said underlying profits in the year just ended will be below consensus.Base Resources, the mineral sands miner, reported record revenue for the March quarter as strong demand supported further price increases for all of its products. Sales revenue jumped to $740 per tonne from $478 in the year-earlier quarter.Neuroimaging pioneer Ixico has won a contract with an unnamed biotech worth around £800,000 to provide its expertise in assessing the progression of Huntington’s Disease. Specifically, it will support a global observational study to assess participants for early detection using its artificial intelligence-led data analytics.

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Solar Videos

Kinetiko Energy nabs strategic investor, launches $3.1 million rights issue [Video]

Kinetiko Energy’s Adam Sierakowski tells Proactive about a strategic investment from South African energy group Phefo Power. The energy stock is also chasing $3.1 million via a rights issue to accelerate oil and gas exploration across energy-hungry South Africa. The raise comes after Kinetiko executed agreements with South Africa’s Industrial Development Corporation to co-develop a gas production field, expected to comprise up to 20 wells.

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Energy

Srećko Horvat: What Europe needs, instead of greenwashing, is a genuine green revolution [Video]

While the world looks in the direction of war, the EU is sneakily introducing a taxonomy labelling nuclear and gas energy as ‘sustainable’. Let’s be clear: they can neither serve the green transition, nor be intermediary solutions to our crisis.But we are not powerless. Follow the very simple steps at https://dontpaintitgreen.eu/ to stop the greenwashing before it’s too late.More information: The real answer to our needs: https://dontpaintitgreen.eu/the-real-answer-to-our-needs/Nuclear is not green: https://dontpaintitgreen.eu/nuclear-is-not-green/Gas is not green: https://dontpaintitgreen.eu/gas-is-not-green/Don’t Paint it Green petititon: https://dontpaintitgreen.eu/petition/SUBSCRIBE———————DiEM25: https://www.youtube.com/c/DiEM25officialSUPPORT US———————Join DiEM25: https://diem25.org/joinDonate to DiEM25: https://diem25.org/donate#DontPaintItGreen #GreenNewDeal