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Skywalk Investment Group is ready to provide long-term financing for thermal coal projects, including coal mining, construction and modernization of thermal power plants. Coal has many uses, but there are some characteristics that make it particularly important as a mined fuel on a large scale, especially for power generation ...

The looming energy crisis is forcing EU countries to invest in coal energy and urgently look for an alternative to natural gas from Russia. Fearing a shortage of gas due to the geopolitical standoff between the West and Russia, some EU countries decide to continue using coal . This does not please the European ...

The list of the largest and most powerful coal-fired power plants in the world helps to imagine how important the role of thermal energy in the economy remains. Although coal combustion is one of the most polluting ways to generate electricity, this type of power plant is still responsible ...

... transition, many countries continue to spend billions on fossil fuel subsidies, delaying the shift away from hydrocarbons. A recent study by the International Monetary Fund shows that the value of subsidies related to the extraction and combustion of coal , gas and oil in the world in 2020 was $5.9 trillion. This clearly runs counter to the climate targets set by the EU and many other governments. Fossil fuel subsidies are widespread and it is hard to find a country that does not use them at all. ...

In the first months of 2022, China has significantly increased its coal production and is already planning further investments to expand production capacity and build reserves. Rising investment in coal mining is becoming the dominant trend in China's energy sector . Climate goals fade into the background, as energy ...