News & Press Releases
News & Press Releases
US Grants Romania $3bn To Strengthen Its Nuclear Capacity
The Export-Import Bank of the United States has expressed interest in contributing $3.05 billion to help finance American participation in the construction of two additional reactors at Cernavoda, Romania's sole nuclear power plant.
On November 9th, at the COP27 summit...
News & Press Releases
9 Nations Agree To Grow Offshore Wind To 380 GW By 2030
At the UN-Conference of Parties (UN-COP27) climate summit, nine additional nations joined a global coalition and pledged to rapidly expand offshore wind power in order to address the climate and energy security issues.
In September 2022, the International Renewable Energy...
News & Press Releases
UAE, Egypt Partner To Build One of The Largest Wind Farms
On November 8, during the COP27 climate meeting in Sharm El-Sheikh, the United Arab Emirates (UAE) and Egypt reached an agreement to build one of the largest onshore wind farms in the world in Egypt.
The agreement was signed in...
News & Press Releases
US, EU Plan New Pact Targeting Oil And Gas Methane Emissions
In an effort to increase efforts to cut emissions of the potent greenhouse gas methane from the fossil fuel sector, the United States and the European Union intend to unveil a joint accord at the U.N. climate summit soon....
News & Press Releases
EU Emergency Regulation To Help Accelerate Solar Licences
To speed up the deployment of renewable power in the wake of the energy crisis and the ripple effects of Russia's invasion of Ukraine, the European Commission on November 8thย suggested a temporary emergency regulation.
The idea, which is expected to...
News & Press Releases
Sweden Will House First Zero-Energy Warehouse In The World
The 20,000-square-meter building, which is located in Bolsta, 50 kilometres north-west of Stockholm, will achieve 100% CO2 neutrality over the course of its entire lifecycle, encompassing construction, operations, and disassembly, without relying on any outside offsetting measures.
It will be...
News & Press Releases
AIIB, GEAPP Form $1bn Collab To Aid Asian Energy Transition
The Global Energy Alliance for People and Planet (GEAPP) and the Asian Infrastructure Investment Bank (AIIB) announced a strategic investment partnership at COP27, mobilising up to USD 1 billion for the funding of green energy transformation and projects involving...
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