ACWA Power reports 85% completion of NEOM Green Hydrogen project
Mohammad Abunayyan, Chairman of ACWA Power, announced that the NEOM Green Hydrogen project is now 85% complete. The project, located…
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Tour d’Europe road trip shows GHG reductions from renewable fuels
The ‘Tour d’Europe’ road trip, which covered 77,500 kilometers across 16 countries, demonstrated the effectiveness of renewable liquid fuels in…
EU pauses negotiations on green claims law amid backlash
On June 23, 2023, the European Union suspended discussions on a proposed law aimed at requiring companies to substantiate their…
Germany prepares for EU emissions trading with national CO2 price
Germany’s national CO2 pricing system positions the country to adapt smoothly to a new EU emissions trading scheme set for…
Ares acquires 20% stake in Eni’s Plenitude for €2 billion
Ares Management has reached an agreement to purchase a 20% stake in Eni’s renewable energy subsidiary, Plenitude, for approximately €2…
Report warns global renewable energy capacity growth lags
A new report from the renewable energy network REN21 reveals that the world is not on track to triple its…
Central Asia attracts global investment in renewable energy
Central Asia is positioning itself as a vital center for renewable energy investment as regional governments and international investors shift…
Reinsurance Sector Adapts to Support Energy Transition
The energy sector is undergoing rapid transformation, offering the reinsurance industry a significant opportunity to foster a shift toward sustainable…
China invests €10 billion in European electric vehicle sector
Chinese investment in Europe is rebounding, with €10 billion committed to new projects in 2024. This marks the first increase…
ORLEN Group secures PLN 1.7 billion for hydrogen projects
The ORLEN Group in Poland has secured over PLN 1.7 billion in non-repayable funding from the National Recovery Plan to…