Researchers at Oregon State University have developed a material that shows a remarkable ability to convert sunlight and water into clean energy. A collaboration led by Kyriakos Stylianou of the OSU College of Science created a photocatalyst that enables the high-speed, high-efficiency production of hydrogen, used in fuel cells for cars as well as in […]
Salesforce research finds many sustainability leaders keen to harness AI to accelerate corporate nature and climate action, despite concerns about technology’s huge energy requirements The majority of green business leaders are optimistic about the potential impact of artificial intelligence (AI) on decarbonisation efforts, despite the technology’s significant energy requirements. That is the broad sentiment from […]
Imagine a world where summers are relentlessly hot, droughts are commonplace and coastal cities face rising sea levels. This is not a distant future, but a reality based on recent climate data. Statistics from Nasa show 2023 was the hottest year on record, with temperatures around 1.2 degrees Celsius warmer than the 19th-century average. The world […]
Electricity generation from fossil fuel dropped to its lowest share last year as sources of renewable power delivered the highest amount of energy recorded in the UK. The Energy Department said renewable generation hit 135 terawatt hours (TWh) in 2023, although this was broadly in line with 2022 levels as new capacity was offset by difficult weather conditions. The […]
A growing number of private equity funds are investing in the UAE’s renewable energy projects and energy transition initiatives, encouraged by an abundance of capital and geopolitical stability. The Emirates, the Arab world’s second-largest economy, plans to achieve carbon neutrality by 2050. It hosted the Cop28 climate conference in December, and this introduced many companies and funds to the […]
When my father was born, European and American homes were heated with coal, horses were still a common means of transportation, and there was no such thing as nuclear power. My children may well make it into the 22nd century when I hope today’s energy systems will seem as antiquated. In an attempt to overcome our […]
Abu Dhabi clean energy company Masdar on Thursday announced the inauguration of the 230-megawatt Garadagh Solar Park in Azerbaijan, the region’s “largest” operational solar plant, which is due to open soon. Masdar also signed agreements for solar and onshore wind projects with a total capacity of 1 gigawatt in the Central Asian country, the company said in a […]
France’s Engie is keen to start new hydrogen projects in Saudi Arabia, the UAE and Oman as it aims for 4 gigawatts of green hydrogen capacity globally by 2030 amid energy transition strategies to cut emissions, a senior executive has said. The Paris and Brussels-listed company has new projects planned in Asia, the Middle East, Africa and Europe, Stephan […]
The number of renewable energy projects, including solar plants, expected to tap into capital markets for financing is set to rise in the six-member GCC economic bloc, S&P Global Ratings has said. The UAE and Saudi Arabia — the Arab world’s two largest economies — have already set up public-private partnership frameworks, making project financing an “obvious […]
More must be done to accelerate green investments in the Mena region and help it make a sustainable transition, climate advocates and business leaders said in Cairo. Better investment will increase employment opportunities and boost economic development, Tarek Tawfik, chairman of the American Chamber of Commerce (AmCham) Mena Regional Council and president of AmCham Egypt, said on Sunday. “Countries […]
