UK Prime Minister Sir Keir Starmer has officially launched the UK-led Global Clean Power Alliance, an initiative aimed at meeting COP28 commitments to triple global renewable…
Browsing: COP28
Masdar and Emsteel have completed the UAE’s first pilot project to produce steel using green hydrogen in Abu Dhabi, marking a milestone for the Middle East…
A new report reveals that despite record-breaking renewable energy deployment in 2023, global progress remains insufficient to meet the ambitious targets set for 2030. Released by…
The European Union could reduce its annual gas costs by €9 billion (US$10 billion) by deploying battery energy storage systems (BESS) to capture surplus wind and…
The International Energy Agency (IEA) has indicated that the COP28 goal of tripling global renewable energy capacity by 2030 is attainable, driven by favorable economics, robust…
Renewable energy continues to outperform fossil fuels in cost-competitiveness, according to a new report by the International Renewable Energy Agency (IRENA). Despite fossil fuel prices returning…
Brookfield Asset Management (BAM.TO) announced on Monday that it has successfully raised $2.4 billion for the Catalytic Transition Fund (CTF), a climate finance initiative backed by…
RE100, a global corporate initiative promoting renewable power procurement, has called on the Japanese government to take decisive measures to significantly boost its renewable electricity capacity…
The global solar industry faces a daunting challenge in securing a projected $12 trillion investment to meet ambitious renewable energy targets set for 2030, according to…
The Global Wind Energy Council (GWEC) reported on Monday that the global offshore wind industry installed 10.8 gigawatts (GW) of new capacity in 2023, marking the…
Governments worldwide are witnessing a surge in renewable energy adoption, with capacity expected to triple by 2030, signaling a crucial moment to cement commitments to the…
Renewable energy sources accounted for over 30% of the world’s electricity production for the first time in history last year, marking a significant milestone driven by…
