As part of EU-led efforts to support Central Asia mitigate the socio-economic impact of the COVID-19 pandemic and Russian aggression in Ukraine, the European Investment Bank took part in the EU-Central Asia Connectivity Conference in Samarkand, Uzbekistan. EIB Vice President Teresa Czerwinska, represented the Bank at the Conference with a key note address at the […]
“Indiscriminate use of hydrogen” could, the International Renewable Energy Agency says, “slow down the energy transition.” The energy transition can broadly be seen as a shift away from fossil fuels to a system dominated by renewables. Over the past few years, major economies and businesses have looked to tap into the emerging green hydrogen sector. […]
BALI, INDONESIA : The G20 Leaders’ Summit in Bali, Indonesia, has come to a close with countries issuing an important declaration on climate change as the COP27 negotiations enter their final stretch. G20 countries reaffirmed the goals of the Paris Agreement, the need to address loss and damage, and keep the 1.5 degrees C limit […]
Today at COP27, the Asian Infrastructure Investment Bank (AIIB) and the Global Energy Alliance for People and Planet (GEAPP) announced a strategic investment partnership mobilizing up to USD1 billion for the financing of green energy transition and renewable energy projects, in both the public and private sectors. The partnership sees AIIB and GEAPP cooperating through […]
Sharm El-Sheik, Egypt : Today at COP27, the Asian Infrastructure Investment Bank (AIIB) and the Global Energy Alliance for People and Planet (GEAPP) announced a historic collaboration and strategic investment partnership mobilizing up to USD1 billion for the financing of green energy transition and renewable energy projects, in both the public and private sectors. The […]
In our previous article, we touched on how the Titanium Economy could shape the future of US manufacturing while creating jobs and economic opportunities in American communities. In this article, we look at how some Titanium Economy companies are pursuing sustainability as an opportunity for growth—one of the most significant in the business world today. […]
New Delhi : The need for the global clean energy transition mechanisms to be inclusive and just beyond the context of coal, and the lead role G20 countries — the Presidency of which India is set to take over this year — should play in furthering the focus on demand-side perspectives in the energy transition […]
The New South Wales government and its agencies have released the final rules of the first tender that signals the start of the biggest energy transition plan ever undertaken in Australia – building the generation and storage needed to replace the country’s biggest fleet of coal generators. The first of more than a dozen tenders […]
MADRID : Europe needs to rethink its energy transition as it is preventing investment in some sources for ideological rather than technological reasons, the chief executive of Spain’s biggest oil and gas firm Repsol (REP.MC) said on Wednesday. According to Josu Jon Imaz, the Russian invasion of Ukraine was not the only reason for a […]
In line with its mission to pioneer the energy transition industry, Alfanar has signed a memorandum of understanding (MoU) with the General Authority of the Suez Canal Economic Zone (SCZone), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA), aiming to develop a green […]