Ge

Global Commission Formed to Accelerate Approvals of Renewables, Green Hydrogen

It is expected to present its recommendations to the UN General Assembly in September 2023.

G7 Hydrogen Consumption Could Grow by up to 7 Times

IRENA asked the G7 countries to lead the market.

Ammonia

Power Facilities to Potentially Use 100 MT of Low-Carbon Ammonia as Feedstock by 2050

Conventional market low-carbon demand expected to reach 21 Mt globally by 2030, but cost remains challenging.

EU

COP27: EU and Egypt Unite Behind Green Hydrogen and a Just Transition

The EU and Egypt have signed a cooperation agreement to develop renewable hydrogen and prepare the groundwork for a just transition in Egypt.

Solar PV to Overtake Onshore Wind in Latin America From 2023

Solar leads as lowest cost technology to 2050, superseding all other power generation technologies in region

Net Zero Emission

Turkey Needs EUR 9.6 Billion Annually to Achieve Climate Goals

Turkey will need around EUR 9.6 billion of investments annually to raise the capacity of solar, wind, and storage technologies and reduce fossil fuel consumptio…

Hydrogen Project

ReNew Unit, Egypt Gov’t to Develop Green Hydrogen Plant

The plant will be located in the Suez Canal Economic Zone

Hydrogen Technology

South Korea Unveils New Hydrogen Policies

It aims to be a global hydrogen powerhouse.

Energy Transition

Indonesia to Get $20B Under Just Energy Transition Partnership

The country’s plans include peaking the power sector’s total emissions by 2030.

Crude Oil

Iraq Targets 7-Mln-Bpd Oil Output Capacity in 2027 – Somo Head

Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027, head of state-owned oil marketer SOMO Alaa Alyasri told Reuters …

South Korea

Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea

Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…

Net Zero Emission

COP27: France, Spain Latest to Pledge Halt to Gasoline-Driven Vehicle Sales

France and Spain on Thursday joined a pledge to stop sales of gasoline-driven vehicles by 2035, five years earlier than previously planned, part of efforts to a…

Switzerland

Switzerland Can Save 4M Tonnes of Carbon Each Year

A partnership has been signed to decarbonise waste-to-energy plants in Switzerland.

Carbon Neutral

EU Reaches Deal to Increase Carbon Removals From Land Use, Forestry and Agriculture

The agreement boosts the EU’s target for net carbon removals by natural sinks to 310m tonnes of CO2 equivalent by 2030.

Net Zero Emission

Indonesia’s PLN Enters Agreement With Amazon for 210MW Solar Projects

State-owned electricity firm PT PLN (Persero) signed an agreement with Amazon for the development of 210 megawatts (MW) of solar projects, the generated power o…