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Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality

... approximately 170,000 homes. A key feature of this plant is its use of concentrated solar power (CSP) technology, which incorporates thermal energy storage using molten salt. This technology enables power generation even at night, reducing reliance on traditional fossil fuel sources. The project is part of a larger renewable energy complex in the region and represents a significant step for China towards achieving carbon neutrality by 2060. Large-Scale Project in Gansu The new solar power plant is ...

Tether (USDT) Cryptocurrency Price Prediction and Analysis for May 2025

... diminishing Tether's market share. Other centralized stablecoins—such as the new stablecoin from PayPal (PYUSD)—though currently small in scale, leverage vast payment networks and could gain traction by 2025. There are also stablecoins issued by traditional financial organizations (banks) and central bank digital currencies (CBDCs). The latter—digital analogues of national currencies issued by central banks—could theoretically displace private stablecoins over time, especially in the payment ...

Tokenization of Money and Assets: New Horizons and Challenges for the Financial System

... financial system by simplifying transactions, increasing liquidity, and making financial markets more accessible to a diverse range of participants. One of tokenization's most notable features is its ability to create a system that functions without traditional intermediaries, like banks. By enabling direct transfers between parties, tokens can reduce transaction costs and accelerate settlement processes. Key Applications of Tokenization Digital Currencies and Central Bank Digital Currencies (CBDCs) ...

Global Energy Sector News for August 10, 2025: U.S. Threatens China with Tariffs, India Resists Pressure, Oil Market Stabilizes

... outlook for negotiations impart cautious optimism. In Russia, a strict export ban on oil products remains in place to support the domestic fuel market. At the same time, Europe is rapidly replenishing its gas reserves ahead of winter, and demand for traditional energy resources, such as coal, is rising again due to high prices and the need for reliable energy supply. Below are the details of key news from the raw materials and energy sectors. Washington Threatens India and China with Sanctions for ...

Energy Sector News – Monday, August 11, 2025: West Lowers Oil Price Ceiling, Brent Stabilizes Below $70, Europe Replenishes Gas Supplies

... remains active to support the domestic fuel market. Meanwhile, Europe is rapidly replenishing gas reserves ahead of winter, diversifying supplies, and strengthening its energy security. Despite a strategic shift towards energy transition, demand for traditional energy resources such as coal remains high in certain regions due to a need to ensure reliable energy supply. Below, we outline the details of key news from the commodities and energy sectors. The West Tightens Oil Sanctions The Western coalition ...