EU renewable energy hits 46% of electricity in Q1 ’24
The European Union (EU) made significant strides in its clean energy transition during the first quarter of 2024,…
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renewable energy sources
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…
Egypt approves incentives for green hydrogen projects
The House of Representatives’ Energy and Environment Committee, under the leadership of Talaat Al-Suwaidi, has…
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…
India needs $12.7 to reach net zero emissions by 2050
India's ambitious path towards a net zero economy by 2050 presents an investment opportunity that amounts to at…
Egypt’s GDP expects to rise about $18bln by 2050 due to green hydrogen – IDSC
Egypt’s GDP is expecting to rise between $10 to $18 billion as a result of a nearly seven-fold increase in the…
EU reaches deal to raise renewable energy target
European Union (EU) has reached a preliminary agreement on Thursday to boost the dependence on renewable energy…
EBRD raises its stake in Egypt’s Infinity to $101 million
The European Bank for Reconstruction and Development (EBRD) revealed on Wednesday that it has increased its stake…
Germany’s H2 Industries plans to launch $3 billion waste-to-hydrogen plant in Egypt
German energy firm H2 Industries will be investing $3 billion to establish a waste-to-hydrogen plant in East Port…
Egypt can generate up to 53% of power from renewable sources in 2050
A report by the International Renewable Energy Agency (IRENA) has said that Egypt has the potential to generate up…
