ADB signs $24.3m deal for solar power plant in Bangladesh
The Asian Development Bank (ADB) finalised a $24.3 million financing package with Muktagacha Solartech Energy…
Browsing Tag
carbon dioxide emissions
China’s emissions increase, add pressure to climate pledges – research
China's carbon dioxide emissions are set to rise slightly in 2024, further straining its ability to meet a key 2025…
ADB, Masdar sign $160m deal for Azerbaijan’s solar projects
The Asian Development Bank (ADB) and Abu Dhabi Future Energy PJSC (Masdar) have signed two loan agreements totaling…
China could cut emissions by 30% by ’35 – CREA
China’s carbon dioxide emissions could fall by 30 per cent by 2035, aligning with the Paris Agreement goals, if it…
Egypt replaces diesel with solar to power oil wells
The Egyptian General Petroleum Corporation (EGPC) has successfully launched several solar energy projects to…
Australia’s Rio Tinto to develop 80 MW solar farm
Australia's Rio Tinto announced plans on Monday to develop an 80-megawatt (MW) solar farm to provide renewable…
Denmark to implement world’s first farm CO2 tax
Denmark, a leading pork and dairy exporter, announced on Tuesday that it will become the first country to introduce…
China eyes carbon footprint system launch by ’27
China plans to establish an initial carbon footprint management system by 2027 to move toward its carbon-neutral…
China targets 130 million metric ton CO2 cut in new action plan
China unveiled its 2024-2025 carbon reduction action plan on Wednesday, targeting a reduction of approximately 130…
Major offshore photovoltaic project underway in China
Construction of a significant offshore photovoltaic (PV) project commenced on Sunday in Lianyungang, eastern…
China’s Inner Mongolia achieves new energy milestone
Inner Mongolia, an autonomous region in North China, set a record by becoming the first provincial-level region in…
China’s green growth to foster 10t yuan Market
China’s green and low-carbon development is expected to significantly boost economic growth and create a yearly…
China launches Bangladesh’s first wind energy project
Chinese enterprises pioneered the first centralised wind power project in Bangladesh, which was fully put into…
Carbon levy on shipping gains global support
A group of 47 countries, including the European Union, Canada, Japan, and Pacific Island states, are advocating for…
Trade fears in Asia over EU’s carbon border tax – ADB
The European Union (EU) plans to launch the Carbon Border Adjustment Mechanism (CBAM) in 2026, which will apply…
Yangtze energy corridor lights up ’23 with more power
In 2023, the world’s largest clean energy corridor, featuring six mega hydropower stations on China’s Yangtze…
China’s green loan market sees notable expansion in ’23
China's green loans in local and foreign currencies totalled 30.08 trillion yuan ($4.23 trillion) at the end of…
China steps up new regulations for carbon trading
China introduced on Sunday new regulations governing carbon emissions trading to combat CO2 data fraud as a part of…
Egypt signs $1.5 bln wind power accord
Egypt signed a $1.5 billion agreement with Saudi Arabia’s led ACWA Power consortium 2082.SE for a wind energy…
Germany’s CO2 drop in 2023, lowest in 70 years
Germany’s carbon dioxide emissions in 2023 reached their lowest point since the 1950s due to a decrease in…
Canadian firm launches satellite to monitor individual facility CO2 emissions
GHGSat, a Canadian company has successfully launched three new satellites. One of these is specifically designed to…
EGYPES 2024 to introduce the region’s first CLIMATECH Challenge
Egypt announced on Monday it will launch the region’s first CLIMATECH Challenge at the seventh edition of the Egypt…
Renewable energy saves $520 billion globally in 2022 – report
The renewable power deployed globally around $520 billion in fuel costs last year, owing to the rapid expansion of…
Saudi’s SFD signs $77mln loan deal finance solar project in Belize
The Saudi Fund for Development (SFD) has signed a loan agreement of $77 million to finance a new solar project in…
Atmospheric CO2 up by 50% higher than pre-industrial level
Carbon dioxide levels as measured from atop a Hawaiian volcano continued their record-breaking rise in 2023,…
Gold mines produce more emissions than Africa’s largest oil country
Gold mines consume around 11 percent of global energy, resulting in annual carbon dioxide emissions of around 126.4…
EPA proposes strict emission limits
Biden administration has announced on Wednesday it is proposing a new regulation setting pollution limits, hence…