“There is more than one way to achieve the Paris Agreement targets and more than one way to achieve a low carbon future. Although it is projected that renewables and other unconventional sources of energy may gain a significant portion of the energy supply mix in the next 30 years, based on the GECF Global […]
Americans gobbled up fewer fossil fuels in 2020 than they have in three decades, according to the US Energy Information Administration (EIA). Consumption of petroleum, natural gas, and coal dropped by 9 percent last year compared to 2019, the most significant annual decrease since the EIA started keeping track in 1949. The COVID-19 pandemic was […]
Majis Industrial Services Company (MISC), an affiliate of Oman Investment Authority, has completed the solar electricity production project at Sohar Industrial Port with a production capacity of 36 kiloWatts per hour, the Arabian Stories reports. In this renewable energy project, electricity production was linked to the water treatment plant supply network in the sea to […]
Let’s see how the world’s leading cities fight for a clean environment through strategic planning and municipal programs. We’re thankful to Constantine Yalovy, ex-Chairman of the Standing Committee of the Kyiv City Council on Environmental Policy, for the valuable review published in “Ukrainska Pravda. Life”. *** The megacities are home to millions of people who […]
About five years ago, the Car and Sustainable Energy Fund CEO, Christofer Rathke, visited Saudi Arabia. There he wanted to warn investors and high-ranking officials that fossil fuels could quickly become less critical as renewable energies would “soon be competitively priced.” But beyond the declarations of intent, the course did not reverse. However, the fund […]
World Future Energy Summit, part of Abu Dhabi Sustainability Week, has signed key stakeholder agreements with the Ministry of Energy and Infrastructure, Bee’ah and EDF Renewables, WAM reports. The event, which provides a platform to showcase clean energy and sustainable projects, initiatives, and developments for the Middle East – will be held in Abu Dhabi’s […]
The EU plans to ban the sale of cars with diesel and gasoline engines from 2035. This is provided by the program to combat climate change until 2050, called Fit for 55, which the European Commission presented on July 15, Deutsche Welle reports. These measures are expected to reduce carbon dioxide emissions in all segments […]
ACWA Power, the utility developer, backed by Saudi Arabia’s Public Investment Fund (PIF), is planning to invest $16 billion in new projects worldwide in 2021, ahead of plans for an initial public offering (IPO), Arab News reports. Early last year, CEO Paddy Padmanathan said the company planned to invest $10 billion in new projects in […]
Dubai Electricity and Water Authority (DEWA) has completed 84.52% of the 829 megawatts (MW) 4th phase of the H-Station power plant in Al Aweer with investments totalling AED1.1 billion, WAM reports. This phase will increase the station’s total capacity to 2,825MW under climate conditions of up to 50° Celsius. The project is expected to be […]
Saudi Electricity Company (SEC) has agreed a $500 million green lending facility. The financing was guaranteed by the Japan Bank for International Cooperation (JBIC), to support SEC’s green projects across its transmission and distribution networks, the utility said in a stock exchange filing on July, 6. Several other Japanese banks participated in the 12-year facility, […]
