Latest news with #greenenergy
News.com.au
23 minutes ago
- Business
- News.com.au
Inside Bill Gates' secret $990m superyacht home
A 390ft (118.8m) superyacht rumoured to be owned by billionaire Bill Gates is up for grabs with a whopping $US645 million ($A989 million) price tag. Though never publicly confirmed by the Microsoft co-founder, the vessel — named 'Breakthrough' and also known as 'Project 821' — has long been linked to the billionaire, the New York Post reports. Gates, however, has never actually set foot aboard the yacht, according to Luxury Launches. Built by Dutch shipyard Feadship and designed by RWD, the seven-deck vessel took five years to complete and will be the largest yacht on display at the show. The listing is being handled by yacht brokerage Edmiston. 'This is the one that will change it all,' Jamie Edmiston, the firm's chief executive said. 'The brief was to build the greenest and most environmentally advanced yacht ever built, without compromise. 'It was a huge challenge, but one that the team has embraced and delivered on.' What sets Breakthrough apart is its fuel system: a next-generation hydrogen fuel cell platform that allows the vessel to operate entirely off compressed liquid hydrogen stored below deck at minus 253 degrees Celsius. The ship's power plant also recycles heat generated during conversion to warm pools, steam rooms, towel bars and guestroom floors. For voyages where hydrogen is unavailable, a secondary biofuel system supplies electricity while reducing emissions by 90 per cent. 'Fuel cells will play an important role for yachts in the years to come,' Jan-Bart Verkuyl, a director at Feadship said, citing their 'superior efficiency, low particle emissions and low noise radiation.' Beyond its green credentials, the yacht delivers the kind of luxury one might expect at this price point. The interior is fitted with a blend of leathers, marble, limed oak and rattan, intended to evoke a coastal resort aesthetic. There's a full-size basketball court, a cinema, several hot tubs and a private hospital on-board. The owner's quarters span four private floors and include two bedrooms, twin bathrooms, dressing rooms, two offices — each with a fireplace — a gym, a pantry and a living room. 'It creates, in essence, a secluded four-level townhouse-by-the sea within the much larger yacht,' reads the listing. Discreet balconies slide out from the hull at the touch of a button, their floors rising to sit flush with the yacht's interior rooms. Edmiston notes that 'at each deck level, there are inviting private lifestyle destinations to savour,' such as a 'coffee corner and games niche,' 'a library on the main deck' and 'a private dining room with a sea terrace.' In total, Breakthrough can accommodate 30 guests and 43 crew members. The owner's deck alone sits 121 feet (36.8m) above the waterline. While Gates has neither confirmed nor denied his involvement with the project, industry insiders say the yacht was built to his specifications. Canadian billionaire Patrick Dovigi, CEO of Green For Life Environmental, is reportedly in line to acquire it.
BBC News
a day ago
- Business
- BBC News
Reform UK declares war on Lincolnshire's net-zero projects
Reform UK leaders in Lincolnshire say they have "declared war" on green energy and Skegness MP Richard Tice, Greater Lincolnshire's mayor Dame Andrea Jenkyns and Councillor Sean Matthews, who leads the county council, launched a campaign at a press conference held in Boston said they opposed wind and solar farms and battery storage facilities, with Tice adding: "It is an absolute outrage what the madness of net stupid zero is doing to our county, as well as to our country."The government said green energy was vital in delivering energy security, while Labour MP Melanie Onn argued Reform's stance posed a risk to thousands of jobs. A number of what are termed "nationally significant infrastructure projects" are planned for the county, including large-scale solar farms and a corridor of pylons between Grimsby and Walpole, in fate of such projects will be decided by ministers, not by local councils. Tice told the conference their LORE campaign (Lincolnshire opposes renewable eyesores) would use "every lever available" to stop these developments. He also claimed the government's net-zero plans were to blame for high electricity prices in the government said energy bills had risen because of the country's "reliance on volatile gas markets".During the conference, Dame Andrea compared the fight against green energy to that of Bomber Command, which was based in the county during World War said she wanted to "unleash the spirit of Lincolnshire" against "the planned desecration of our countryside".The mayor said: "We are the bread basket that feeds Britain, so I ask why would any government put out nation's food security in jeopardy because of mass-scale solar farms?" The government has said brownfield sites and lower-grade land should be preferred for solar farms and "even in the most ambitious scenarios" the total area used would occupy up to 0.4% of UK land by Jenkyns claimed net-zero was "a con" and argued that oil and gas were the answer to the UK's energy the words of US president Donald Trump during his 2024 presidential campaign, she said "come 2029", when Reform UK hopes to win a general election, it would be "drill baby drill".Onn, the MP for Great Grimsby and Cleethorpes, said Reform's decision to "pit themselves" against a sector which currently employed about 12,500 people in Greater Lincolnshire – "and risking their jobs" – was "completely at odds" with the role of a directly elected mayor, which was to "improve economic growth for their local areas".A spokesperson for the government's Department for Energy Security and Net Zero said: "Families have seen their energy bills go through the roof due to our reliance on volatile gas markets controlled by dictators like Putin."Solar and an upgraded grid is central to our mission to become a clean energy superpower, delivering energy security so we can get bills down for good." Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. Download the BBC News app from the App Store for iPhone and iPad or Google Play for Android devices
CTV News
a day ago
- Science
- CTV News
Fish increasingly endangered by hydroelectric dams
A new study shows energy produced by hydroelectric dams may not be as green as originally thought, as it can affect aquatic species at risk of losing their natural habitat. 'Hydroelectric dams produce low-carbon energy, which makes them green energy from a climate perspective, but from an ecological standpoint, particularly in terms of biodiversity, the impacts are very real,' said Habiboulaye Gano, a master's student in environmental science at Université du Québec à Trois-Rivières. 'There should still be some nuance to this (green) label,' he argued. He said managing water flows according to electricity demand for dams to produce energy does not necessarily correspond to the needs of Quebec river ecosystems. From June to September, water is generally stored in reservoirs for use during colder months, when household electricity demands increase. 'This results in low flows downstream at a time when fish need water to reproduce, feed and survive,' said Gano. The situation in winter also affects ecosystems, as the water that is released causes artificial flooding, 'unlike the natural regime where rivers are usually low and frozen,' he said. Several well-known river species are threatened by this water management, such as, according to Gano, brook trout, which likes cold water and reproduces in winter. Black and red minnows are also affected by rapid changes in flow. 'In several rivers, there are declining populations of sensitive species, where we are seeing a decrease in fish densities and a loss of diversity in certain species,' he summarized. Gano added that some waterways are more sensitive to variations, notably the Saint-Maurice River downstream from the Gouin Dam and the Gatineau River downstream from the Cabonga Dam. Insufficient solutions? Management practices have been put in place to limit environmental impacts, like fish ladders that allow certain fish to cross dams. However, their results are variable, according to Gano. Ecological flow reserves, which dictate the minimum amount of water that must be maintained in rivers to ensure the survival of aquatic ecosystems, are even more vital. According to Gano, these minimum flows are not always respected. 'The solutions are there, but they are insufficient,' he said. This report by The Canadian Press was first published in French July 30, 2025.
Malay Mail
a day ago
- Business
- Malay Mail
Abang Jo says Sarawak to co-develop Kalimantan hydropower plan as Indonesia shifts capital
KUCHING, July 30 — Sarawak, through its utility company Sarawak Energy Berhad, has entered into an agreement with PT Adaro Energy Indonesia to jointly develop hydropower projects along the Kayan River in Indonesia's North Kalimantan province, said Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg. He said the collaboration was formalised during his official working visit to Jakarta on Tuesday, where he accompanied Prime Minister Datuk Seri Anwar Ibrahim for the 13th Malaysia-Indonesia Annual Consultation. Highlighting the significance of the cross-border cooperation, Abang Johari stressed the need for Sarawakian engineers to work closely with their Indonesian counterparts. 'Sarawak needs more engineers there to collaborate with engineers from Indonesia. This means we will be working beyond Sarawak's borders,' he said during the launch of the Special Financial Aid (BKK) for Sarawakian tertiary students in Kuala Lumpur today. He also revealed that Japanese firm Sumitomo has expressed strong interest in participating in Sarawak's hydrogen energy industry. According to him, this reflects Sarawak's growing prominence in strategic green energy sectors. He called on Sarawakian youths to prepare for global opportunities in the emerging green economy, particularly in areas such as renewable energy and hydrogen. — The Borneo Post
Globe and Mail
a day ago
- Business
- Globe and Mail
Homerun Resources Inc. Appoints Strand Hanson Limited as UK Financial Adviser to Explore Dual Listing on London Stock Exchange
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2025) - Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) ("Homerun" or the "Company") is pleased to announce that Strand Hanson Limited has been appointed as its UK Financial Adviser. This engagement marks a significant step as Homerun evaluates a potential dual listing on the international commercial companies secondary listing segment of the FCA's Official List, and admission to trading on the Main Market of the London Stock Exchange (LSE). Strand Hanson Limited is a leading independent financial advisory firm based in London, known for its expertise in corporate finance and capital markets. With a strong track record in advising growth companies, particularly in the natural resources and energy sectors. Their extensive experience in advising international companies on LSE listings brings valuable insight to Homerun's growth objectives and ambition to increase its global investor base. Homerun is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. The decision to pursue a dual listing on the London Stock Exchange supports Homerun's strategy of expanding its capital markets presence, improving share liquidity, and enhancing visibility with institutional and retail investors worldwide. London, as one of the world's premier financial centers, offers unparalleled access to international capital and a diverse range of sophisticated investors. This move will position Homerun to: Broaden its shareholder base beyond North America. Access deeper pools of capital and improve funding flexibility. Enhance the Company's brand recognition in the UK and European markets. Attract high-caliber institutional investors who are active on the LSE. Offer investors increased trading flexibility, transparency, and regulatory standards associated with London's Main Market. Commenting on the partnership, CEO, Brian Leeners, stated: "We are excited to welcome Strand Hanson Limited as our UK Financial Adviser. Their proven track record and expertise with London listings will be instrumental as we assess the merits of a dual listing on the Main Market of the London Stock Exchange, aligning with our objectives to create greater value for our shareholders." About Homerun ( Homerun (TSXV: HMR) is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. As an emerging force outside of China for high-purity quartz (HPQ) silica innovation, the Company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery and energy storage solutions. Our dual-engine vertical integration strategy combines: Homerun Advanced Materials Utilizing Homerun's robust supply of high purity silica sand and quartz silica materials to facilitate domestic and international sales of processed silica through the development of a 120,000 tpy processing plant. Pioneering zero-waste thermoelectric purification and advanced materials processing technologies with University of California - Davis. Homerun Energy Solutions Building Latin America's first dedicated high-efficiency, 365,000 tpy solar glass manufacturing facility and pioneering new solar technologies based on years of experience as an industry leader in developing photovoltaic technologies with a specialization in perovskite photovoltaics. European leader in the marketing, distribution and sales of alternative energy solutions into the commercial and industrial segments (B2B). Commercializing Artificial Intelligence (AI) Energy Management and Control System Solutions (hardware and software) for energy capture, energy storage and efficient energy use. Partnering with U.S. Dept. of Energy/NREL on the development of the Enduring long-duration energy storage system utilizing the Company's high-purity silica sand for industrial heat and electricity arbitrage and complementary silica purification. With six profit centers built within the vertical strategy and all gaining economic advantage utilizing the Company's HPQ silica, across, solar, battery and energy storage solutions, Homerun is positioned to capitalize on high-growth global energy transition markets. The 3-phase development plan has achieved all key milestones in a timely manner, including government partnerships, scalable logistical market access, and breakthrough IP in advanced materials processing and energy solutions. Homerun maintains an uncompromising commitment to ESG principles, deploying the cleanest and most sustainable production technologies across all operations while benefiting the people in the communities where the Company operates. As we advance revenue generation and vertical integration in 2025, the Company continues to deliver shareholder value through strategic execution within the unstoppable global energy transition. On behalf of the Board of Directors of Homerun Resources Inc. "Brian Leeners" FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements". Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit
