ACHEMA MIDDLE EAST

Renewable Energy

Statkraft and Inovyn sign new long-term green power agreements ensuring operations and enabling new investments

Europe’s largest generator of renewable power, Statkraft, and chemical company INEOS Inovyn at Rafnes in Bamble, Norway have signed two new long-term power agreements. The agreements will secure the majority of the power needed for the existing manufacturing activities...

Acciona Energia and Grupo Violas agree to supply 100% renewable energy in Portugal

ACCIONA Energía and Grupo Violas, one of the premier Portuguese business groups with investments in various industries such as textiles, tourism, education, real estate, beverages, and logistics, have signed an agreement for the supply of 100% renewable energy for...

Iberdrola builds the largest photovoltaic project in Europe in Portugal

The 1,200-MW Fernando Pessoa solar project is located in Santiago do Cacém, near Sines and its construction will generate up to 2,500 jobs. When it comes on stream in 2025, the Fernando Pessoa plant, named after the Portuguese poet, will...

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...

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