Egypt plans 2,500 MW renewable energy boost in 2026
Egypt plans to connect 2,500 megawatts of renewable energy to the unified electricity grid in 2026, enhancing the…
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fossil fuels
Egypt reviews progress on major solar, storage project with UAE’s AMEA Power
Egypt’s Minister of Electricity and Renewable Energy Mahmoud Esmat held talks with UAE-based AMEA Power to advance…
Egypt starts gas output from West El Burullus field
Egypt has begun gas production from the West El Burullus field in the Mediterranean, with the first wells connected…
US sets 15-year plan for offshore oil, gas lease sales
The United States has outlined a 15-year schedule to hold more than 30 offshore oil and gas lease sales in the Gulf…
Oil up on Tuesday
Oil prices rose on Tuesday as investors awaited the outcome of US-China trade talks in London, fuelling hopes of a…
Türkiye’s wind, solar share hits 30% in power mix
The share of wind and solar energy in Türkiye’s total installed electricity capacity rose to 30 per cent by the end…
Global coal-fired power capacity rises in ’24
Global coal-fired power capacity grew by just 18.8 gigawatts in 2024, its smallest increase in two decades,…
Egypt, IEA discuss energy cooperation
Egypt's Minister of Petroleum and Mineral Resources Karim Badawi held a bilateral meeting with Fatih Birol,…
Egypt, ACWA Power ink 2,000 MW wind plant deal
Egyptian Electricity Transmission Company (EETC) signed an agreement on Wednesday with Saudi Arabia’s ACWA Power to…
Egypt aims to boost private investment in energy – minster
Egypt is committed to fostering partnerships and attracting private sector investment in energy projects, Minister…
Egypt eyes faster renewable energy growth
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, met with the CEO of UAE’s Masdar, Mohamed…
Egypt, EBRD explore joint initiatives for sustainable infrastructure
Egypt's Minister of Electricity and Renewable Energy, Mahmoud Esmat, met with a delegation from the European Bank…
Japan sets 60% greenhouse gas reduction target by ’35
Japan's environment and industry ministries finalised a plan on Tuesday to cut greenhouse gas (GHG) emissions by 60…
Global shift to electricity may lower energy costs – IEA
The world is entering an era of cheaper energy as a surge in electricity use reduces reliance on fossil fuels,…
Colombia unveils $40b investment plan for climate transition
Colombia has launched a new investment portfolio aimed at raising $40 billion to support its transition away from…
Solomon Islands gets $35m boost for renewable energy
The Asian Development Bank (ADB) and the Government of Solomon Islands have launched a transformative renewable…
Lego to replace fossil fuels with renewable plastics by 2032
Toymaker Lego announced on Wednesday that it is on track to replace fossil fuels with renewable and recycled…
APAC executives propose currency-linked climate bonds
The Asia–Pacific (APAC) business executives are urging emerging economies to issue climate bonds indexed to a…
Investment treaties pose barrier to fossil fuel phase-out – report
International investment treaties, particularly those with investor-state dispute settlement (ISDS) provisions, are…
UK gas network set to support hydrogen fuel use
Britain's national gas network is now ready to accommodate hydrogen as a fuel for powering homes and industries,…
SA’s Ramaphosa pushes for renewable energy to avoid carbon tax
South Africa's President Cyril Ramaphosa cautioned developing nations that proposed carbon taxes from wealthy…
RE100 urges Japan to triple renewable capacity by ’35
RE100, a global corporate initiative promoting renewable energy procurement, urged the Japanese government on…
Policymakers urge patience in Germany’s hydrogen transition
Despite investor apprehensions, German industry executives and policymakers, as highlighted at a recent…
BRICS power emissions hit a record high in Q1
The BRICS group, consisting of Brazil, Russia, India, China, and South Africa, collectively emitted a…
Clean energy spending to double fossil fuels in ’24 – IEA
Global spending on clean energy technologies is set to hit $2 trillion in 2024, almost double the $1 trillion…
Turkey ranks 11th globally in renewable energy capacity
Turkey climbs to 11th place globally in renewable energy capacity, reaching 58,462 megawatts, Turkish Energy…
EU approves new rules to establish hydrogen market
The European Council announced on Tuesday the approval of a regulatory package to establish common market rules for…
Philippines sustains EV boost with extended zero tariff
The Philippines has extended its zero-tariff policy on electric vehicles (EVs) and their parts until 2028, aimed at…
Clean energy ETFs begin to surpass oil & gas peers
Exchange-traded funds (ETFs) associated with clean energy are beginning to outperform those linked to oil and gas…
Embracing renewables: the economic upswing of green energy ‘24
For many years, the world’s economy has been driven by fossil fuels such as coal, oil, and natural gas; however, a…
India seeks to acquire initial shipment for new LNG terminal
India is seeking to acquire the initial shipment for its newest LNG terminal as part of its ambitious plan to boost…
Global commodity trading celebrates 2nd-best year ever
The global commodity trading industry celebrated its second-best year ever in terms of profits, amassing over $100…
Japan greenlights offshore wind power installations in EEZ
Japan's government has greenlit a draft amendment enabling offshore wind power installations in exclusive economic…
Land expansion dims offshore wind power in Germany
The proportion of offshore wind power from the North Sea in Germany's total wind energy output has decreased due to…
Indonesia to triple biomass consumption in ’24
Indonesia plans to reduce emissions by tripling its use of biomass for power generation to 2.83 million metric tons…
Egypt seeks renewable energy co-operation with NDB
The Egyptian Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, expressed Egypt’s intention to…
UAE launches 1st enzyme-based fuel additives facility in MENA
The Industrial Development Bureau (IDB), a branch of the Abu Dhabi Department of Economic Development (ADDED)…
2023 global climate alarm: countries pledge net zero at COP28
In 2023, record-breaking temperatures and shocking natural disasters like floods, droughts, and storms marked many…
Infinity power leads 11 country for 5 GW BESS project by 2024
Infinity Power, the largest dedicated renewable energy provider in Africa, has declared that a unique consortium of…
EU chief praises COP 28 climate deal
EU Commission President Ursula von der Leyen said on Wednesday that the deal reached at the COP28 climate summit…