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OPEC Fund – IRENA Partner To Speed – Up Energy Shift Funding

The OPEC Fund for International Development on June 19 went ahead and inked an agreement with the International Renewable Energy Agency so as to join the Energy Transition Accelerator Financing Platform (ETAF), which is a global initiative that looks...

Large – Scale Solar Development Gets A Breather In Romania

The Romanian president has gone on to pass a new law that goes on to simplify the permitting process when it comes to the development of renewable energy projects on buildable land. This move comes after the Romanian parliament...

EU Proposed ESG Ratings Agencies Need A New Restructuring

The EU on June 12, has gone on to propose novel regulations for the firms that happen to be selling environmental, social, and governance ratings, thereby forcing some to go ahead and restructure their businesses in an industry’s major...

Saudi Arabia And Kazakhstan Join Forces In Energy Sector

Saudi Arabia and Kazakhstan have reached an agreement to create a framework for collaboration in the energy industry, thereby strengthening the Kingdom's energy alliances. The two countries will cooperate in various sectors such as petroleum, refining, petrochemicals, gas, and...

Transition To Cleaner Fuels Diminish The Surge In Oil Demand

According to the International Energy Agency (IEA), the surge in oil demand resulting from the recovery after the pandemic will come to an end this year. The agency stated that a sluggish economy and the transition to cleaner fuels...

Oman Is Set To Lead The Way In Renewable Hydrogen Production

The International Energy Agency (IEA) suggests that Oman has the potential to become a highly competitive producer of renewable hydrogen. By 2030, the country could potentially produce low-emission hydrogen at a cost of $1.60 per kilogram. With 60% of...

Vestwoods market launch in Germany makes PV storage solutions affordable for many

As the largest trade fair of its kind, the Intersolar is a reliable indicator of trends. One of the current trends is a much stronger focus on storage solutions for PV systems. Vestwoods, a storage specialist who is already...

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