News & Press Releases
News & Press Releases
UK Offshore Wind Expansion To Benefit Millions of Houses
To reach the UK government's target of increasing offshore wind power capacity from 13.7 GW to 50 GW by 2030 (a 265% increase), one of a global technology firm estimates that 24 additional wind farms with an average capacity...
News & Press Releases
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...
News & Press Releases
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...
News & Press Releases
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...
News & Press Releases
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...
News & Press Releases
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...
News & Press Releases
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...
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