ACHEMA MIDDLE EAST

Renewable Energy

Endesa embraces Enel’s selective investment strategy in 2024-2026 plan

Spanish utility Endesa SA is set to invest EUR 4.3 billion (USD 4.69bn) in its renewables business in Spain and Portugal as part of its 2024-2026 spending plan, promising an increased focus on wind power and room for partnership...

Indonesia officially launches $20bn renewables investment plan

Indonesia officially launched its plan to mobilise a $20bn investment fund for decarbonisation on Tuesday as the country looks to accelerate its transition towards clean energy. Financing for the fund, which was set up under Indonesia’s JETP, is led by...

UK and Republic of Korea clean energy partnership to accelerate net zero transition

A new Clean Energy Partnership between the UK and the Republic of Korea (RoK) will be agreed tomorrow (Wednesday 22 November) to boost energy security and accelerate the clean energy transition. The partnership will be signed in London by Energy...

Australia plans to add 32GW of renewable energy by 2030

The Australian Government is looking to add 32GW of renewable and clean dispatchable energy capacity to its national electricity grid by 2030. The federal government, in conjunction with state and territorial governments, plans to acquire the energy by expanding the...

Pact For Germany – A Booster For Renewable Energy Industry

Germany’s energy sector has gone on to welcome the Pact for Germany initiative that has been launched by the government as well as the country’s 16 states. The initiative stands focused on speeding the implementation of infrastructure projects, which...

Clean Tech Imports – Major Dependence Seen By European Union

As per the European Commission's evaluation of the rivalry of clean energy technologies, although they continue to be very cost-competitive, their market shares happen to be declining. As per the report, even though there are positive developments like 50% increase...

Europe Corporate Renewable Power Purchase Deals Clock 7.8GW

In 2023, companies across Europe will have achieved a remarkable milestone by securing a total of 7.8GW of new corporate renewable power purchase agreements- PPAs. This surpasses the previous record of 7.6GW that was set in 2021, and it's...

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