Environment

RATCH Group sets new green projects in Australia, Vietnam and the Philippines

Future developments are projected to generate a 2,918.23 MW capacity from 2024 to 2033.

Companies pledge for tripling of nuclear power by 2050

120 companies and 140 nations have expressed support for the pledge.

4 Japanese energy firms chosen for offshore wind power project in Akita Prefecture

The project will be located off Oga City, Katagami City, and Akita City in Akita Prefecture.

IRENA gains major $4.05b boost for energy transition platform

The ETAF Platform is intended to boost renewable energy within developing countries.

World leaders vow to grow renewable energy capacity and double energy efficiency improvements

World leaders commit to working together to reach 11,000 GW of renewables capacity.

Masdar partners with Bahrain’s Mumtalakat for clean energy push

The Kingdom of Bahrain aims to promote sustainable energy with net-zero emissions by 2060.

Over KRW 148.7b to be invested in 2024 for energy value chain projects

Over 100 proprietary technologies and 80 super-gap technologies will aid the energy value chain.

Indian renewable energy capacity to increase170 GW by March 2025: report

It will be backed by strong policy support and moderation in solar module prices.

World Bank and ADB strike deal for the expansion of Nepalese hydropower sector

The MOU will cover the upcoming Upper Arun and Dudh Koshi hydropower projects.

ACEN inks deal with MAS, Rockefeller Foundation for coal plant phase-out

The agreement will involve the use of Transition Credits for the SLTEC coal plant.

ReNew inks $5.3b deal with ADB for climate mitigation projects

The MOU will cover the development of climate change mitigation and adaptation projects.

Global coal usage and emissions projected to peak in 2023: report

Coal-fired power generation will decline by 10,332 terawatt hours in 2024.

ADNOC and water supply firm launch Masdar’s first district geothermal cooling plant

The project has an initial value of $15b to use the region’s geothermal capabilities.

UAE to fund US$272.3b in sustainable finance by 2030 duringCOP 28

Funds will deploy net zero-emission solutions for a sustainable future.

Ingka Group to invest US$8.13b for renewable energy transition

The company adds US$1.08b of investments for the transition to renewable energy.

Renewable fuels propel global energy transition and CO2 reduction

Renewable diesel and sustainable aviation fuel (SAF) emerge as key players in reducing carbon emissions, with technological innovations and policy...