Renewable Energy

Clean Energy Growth Surge Reason For UAE-France Partnership

France and the UAE are all set to launch a bilateral programme that focuses on the development of clean energy in industries that are hard to abate. This has come into focus following the bestowal of Dr. Sultan Ahmed...

Report Says Clean Tech Funding Equals Fossil Fuel Investment

According to a report by the research organisation BloombergNEF, $1.1 trillion will be invested globally in 2022 to accomplish the switch to low-carbon energy. The quantity of funds used to sustain the supply of fossil fuels appears to be comparable...

With Key Reforms, India To Be A Renewables Investment Hub

As per the report from the Institute for Energy Economics and Financial Analysis- IEEFA and Invest India, India is expected to become a major renewables investment destination, which will be driven by the next wave of reforms and policies. The...

Non-Hydropower Share In South Korea Electricity Sees Growth

Despite government efforts to cut their targets, non-hydropower renewables are estimated to experience the fastest growth in their contribution to South Korea's electricity share and reach 46 gigawatts in 2032. According to a report by Fitch, based on the forecast...

For Clean Energy Tech EU Brings Green Deal Industrial Plan

The European Union (EU) has brought to the fore its intention for the Green Deal Industrial Plan, a support program for clean energy technologies, including energy, which is modelled like the Inflation Reduction Act. Ursula von der Leyen, president of...

Thanks To IRA, US Renewables Investment To Surpass $100bn

The flagship legislation, the Inflation Reduction Act, which is focused on speeding up decarbonization in the US, will push the annual renewables investment from $64 billion to almost $114 billion by 2031, as per a recent report. Boom Time:...

$1 Trillion Breach For Investments In Clean Energy Tech

Over $1.4 trillion was invested in clean energy technologies in 2022, representing over 70% of the growth in annual energy investment, up from $1 trillion in 2015. The International Energy Agency stated in a research report that more than 80%...

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