Mining Stocks Archives - Page 158 of 216

MondayMar 28, 2022 2:37 pm

Canadian Solar Sees Sales Increase for Energy Storage Solutions in Canada

Green, renewable sources of energy will play a major role in reducing carbon emissions and combating climate change. However, the power output from these sources isn’t consistent and tends to peak when energy use is low. Stationary energy storage facilities can be used to store this excess energy, which is typically generated during the day, and release it back into the grid at night when most of the population is home and energy consumption peaks. The market for stationary storage solutions is poised to explode as the use of solar energy becomes more prominent. Canadian Solar, an Ontario-based company that…

FridayMar 25, 2022 12:16 pm

Wisconsin Utility Firms Receive Approval to Invest $433M in Solar Plus Energy Storage Project

WEC Energy and Madison Gas and Electric, investor-owned utilities based in Wisconsin, recently acquired regulatory approval to buy 110 MW and 200 MW solar and battery energy storage system. Two subsidiaries of WEC Energy and Madison Gas and Electric received the go-ahead to purchase a solar-battery park, which is set to begin operations next year. The park, dubbed the Paris Solar-Battery park, was developed by Invenergy and is located in Kenosha County. WEC Energy will own about 75% of the project while Madison Gas and Electric will own 10%. The remaining share will be owned by the Wisconsin Public Service.…

FridayMar 25, 2022 9:15 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Anticipates Growth in Value Given the Continued Rise in Inflation

The inflation rate in the United States for the 12 months ending February 2022 was 7.9%, the highest it has been since January 1982 In addition to the rise in inflation, the price of gold has risen to levels not previously seen StraightUp Resources Inc. looks to capitalize on this growing price and looks to benefit from it given its investments in properties with a rich history of gold production Although today there are a number of investments being touted as the best hedges against inflation, the current high rate of inflation, and its long-term prospects for continuing, together with…

ThursdayMar 24, 2022 3:30 pm

Imposing Sanctions on Russian Imports May Be Easier Said Than Done for the EU

The future of nuclear energy is becoming uncertain as the European Union looks for ways to decrease its dependence on oil and gas from Russia, which invaded Ukraine last month. Russia is the second-largest source of uranium around the globe despite the supply chain’s diversification, with countries such as Canada, Kazakhstan and Niger contributing substantial amounts of uranium. Currently, the domestic production of uranium in the EU is still low, with uranium being supplied from foreign sources making up more than 90% of total consumption. Russia, which has the biggest enrichment capacity globally, is also a major provider of enriched…

WednesdayMar 23, 2022 3:30 pm

Could Ukraine’s Invasion Trigger a Revival in Uranium Mining in the US?

The Biden administration recently imposed a ban on imports from Russia following the Eastern European country’s invasion of Ukraine. Uranium, which is a key radioactive metal used to make fuel for nuclear reactors in the United States, wasn’t included in this ban. However, the U.S. is considering imposing sanctions on Rosatom State Nuclear Energy Corp, a Russian state atomic corporation, which caused the price of uranium to rise to $60. America’s dependence on foreign sources for uranium leaves its nuclear energy sector vulnerable to conflict. Currently, Russia exports 20% of the uranium used in reactors in the United States. The…

TuesdayMar 22, 2022 2:07 pm

Rising Interest Rates May Trigger Recession, Boost Price of Gold

The Federal Reserve may soon raise interest rates and end quantitative easing this month. Many expect that this tightening cycle will be accompanied by a recession as the economy slows down. So, what does the Central Bank’s tightening cycle mean for gold? The gold market will be positively influenced given that this precious metal performs even better during an economic crisis. We have witnessed the yellow metal’s recent resilient performance to rising bond yields, which many explain as the demand for gold as a hedge against the Federal Reserve’s failure to pull off a soft landing. The Federal Reserve may…

TuesdayMar 22, 2022 9:00 am

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Prepares Summer Gold Exploration Program in Ontario, Amid European War Era Instability

StraightUp Resources is a mining acquisition and exploration company with flagship properties in Ontario, Canada, and an expanding international footprint Following on the acquisition of aerial digital magnetic survey data last year for its flagship properties, the company is preparing a summer work program that will include analysis of its data, identification of key geological targets, and geophysical sampling including a drill program The war Russia launched in Ukraine last month has driven some new interest in gold amid concerns about the war’s potential far-reaching impact as well and the immediate impact on Russia’s and the world economy as a…

MondayMar 21, 2022 12:48 pm

Most Upcoming US Battery Storage Systems Will Have Solar Component

Recently, the U.S. Energy Information Administration revealed that of the battery storage that is to be deployed in the United States, more than 50% will be installed with solar PV. The U.S. Energy Information Administration is an independent group that carries out surveys to gather statistics on planned and existing generators and linked equipment at power plants. This administration is an agency of the U.S. Federal Statistical System. The agency stated in its most recent figures that last year, more than 3 GW of battery storage was added in the United States, highlighting that this was a substantial increase on…

FridayMar 18, 2022 3:42 pm

Report Says Nonlithium Chemistries Poised to Grow in Battery Energy Storage Sector

Since their development back in the ‘70s and ‘80s, lithium-ion batteries completely revolutionized the world. They allowed manufacturers to make computers and phones smaller, lighter and more portable, completely changing the way we communicated with each other, worked and accessed information. Decades after physicist and chemist John B. Goodenough invented the lithium-ion battery, they are poised to change the world again. In a bid to reduce carbon emissions, governments across the world are planning on steadily replacing internal combustion engine cars with battery-powered electric cars. However, a report from independent market research firm IDTechEx shows that lithium-ion chemistries will have…

ThursdayMar 17, 2022 1:17 pm

How Russia’s Invasion of Ukraine May Affect the Nuclear Sector in the U.S.

Last month, we saw Russia invade Ukraine after years of conflict. This invasion has raised questions about the flow and cost of fuel to the advanced nuclear reactors in the United States, which are considered a primary tool in the fight against climate change. When issuing an executive order to block imports of natural gas and crude oil from Russia earlier this month, President Biden did not include uranium on the list. However, the White House has been conferring with the nuclear sector about the possible impact of imposing sanctions on Rosatom, a Russian-based nuclear energy company. Imposing sanctions on…

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