Oil 2024, the latest edition of the International Energy Agency’s (IEA) annual medium-term market report, forecasts that global oil demand will peak by 2029 and begin to contract the following …
Energy
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EnergyLatest News
IRENA Council Convenes to Assess Critical Issues Facing Energy Transition
by salehThe International Renewable Energy Agency (IRENA) is convening today in Abu Dhabi for its 27th Council meeting. The two-day meeting gathers representatives from 105 countries to discuss critical issues facing …
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DevelopingEnergy
Fossil Fuel’s Climate Financing Farce: Industry Claims Action, But Shift Remains ‘Fantasy’
by salehIn 2023, as climate records were broken, extreme weather events caused destruction and displacement, and international conflict raged on, fossil fuel companies raked in sky-high profits with record payouts for …
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EnergyInnovation & EducationLatest News
UAE Ministry of Cabinet Affairs Receives Moro Hub Green Certificate
by salehMoro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority PJSC (DEWA), recently awarded the UAE Ministry of Cabinet Affairs (MOCA) with a Green …
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It has been announced that the COP29 Presidency, Azerbaijan, will partner with IRENA to monitor renewable energy progress, specifically efforts towards tripling renewable energy capacity and doubling energy efficiency by …
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EnergyLatest News
AMEA Power Reaches Financial Close on 120MW Solar PV Project in South Africa
by salehAMEA Power has reached a financial close on its 120MW Doornhoek Solar PV Project in South Africa, it has announced. AMEA Power is the majority shareholder in the solar PV …
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Hitachi Energy has announced plans to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027 to support energy transition efforts. This investment complements its recently …
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The International Energy Agency (IEA) has released its ‘COP28 Tripling Renewable Capacity Pledge: Tracking countries’ ambitions and identifying policies to bridge the gap’ report. The report covered more than 145 …
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Emerge, a joint venture between Masdar and EDF Group, has signed an agreement with UAE steel pipe manufacturer and exporter AJ Steel Pipes to install a 3MWp solar rooftop PV …
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DevelopingEnergy
DNV’s Mohammed Atif on the Evolving Energy Landscape in the UAE & KSA | Interview
by salehAs climate change continues to heat up, major fossil fuel-producing nations like the UAE and the Kingdom of Saudi Arabia (KSA) face mounting pressure to ramp up renewables and jumpstart …