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Energy Transition
IEA: Africa Faces Major Challenges and Huge Opportunities in Transition to Clean Energy
The clean energy transition is an opportunity for many African countries, but they will need the support of the international community, especially to attract t…
Hydrogen Project
Japan's Osaka Gas Backs $11 Billion Green Hydrogen Project in Australia
Osaka Gas Co Ltd said on Tuesday it will provide technical support for a $10.75 billion green hydrogen project in the Australian outback and will consider poten…
Electric Car
Japanese Car Giant Honda Targets EV Expansion, Earmarks Billions for R&D
Honda plans to invest around 5 trillion yen ($39.9 billion) in electrification and software technologies over the next 10 years, with the Japanese automotive gi…
Wind Turbine
Mitsui & Co Invests €10mn in Lhyfe to Fuel Hydrogen Growth
Japanese trading and investment conglomerate Mitsui & Co becomes the first international company to invest in renewable green hydrogen company Lhyfe.
ADF Invests $5.5m for Desert to Power Renewable Energy Initiative
The Board of Directors of the African Development Fund has approved a $5.5 million technical assistance grant to kick-start the roll-out of the flagship Desert …
Rooftop PV System
Rooftop Solar PV Energy to Power Poultry Factories in Morocco
Norwegian renewable investment company Empower New Energy signed an investment contract with the largest poultry group in Morocco, Zalar Holdings, to develop a …
Adani Group Gets US$2 Billion in Green Investments
Three Adani portfolio companies, Adani Green Energy, Adani Transmission, and Adani Enterprises, will get US$2b (INR15,400 Cr) in green investments from the Inte…
China
China Energy Maintains Steady Production Growth in Q1
China Energy Investment Corporation (China Energy), a leading energy giant, maintained steady production growth during the first quarter of the year, its spokes…
Hydrogen Production
Hydrogen Market Needs $600bn Investment by 2050
For green hydrogen to be a success, $600 billion (£458.9bn) of investment in the market by 2050 will be necessary.
Net Zero Emission
Ukraine Crisis and Inflation Weigh on ESG Investment Funds
Investment flows to ethical funds fall to $75bn in Q1 amid a sharp drop in risk appetite, IIF says.
Philippines
Philippines to Speed up Decarbonisation of Power Sector
The Philippines is expected to accelerate the decarbonisation of its energy sector amidst increasing investor interest and rapidly expanding project pipeline, F…
Hydrogen Project
Polish Oil Refiner to Invest €1.6bn in Hydrogen Projects by 2030
PKN Orlen has announced it will invest PLN 7.4bn on low and zero-carbon hydrogen development projects by 2030 to help build a hydrogen economy in Europe.
Hydrogen Project
Global Low-Carbon Hydrogen Market 'Needs $600 Billion of Investment by 2050'
An investment of about $600 billion in low-carbon hydrogen will be required by 2050 to meet rising demand as the world focuses on cutting emissions to limit glo…
Hydrogen Production
Who Will Win the Low-Carbon Hydrogen Race?
The global low-carbon hydrogen market will require $600 billion in investment, along with policy support, to meet expected exponential demand by 2050, according…
Germany
IKEA Invests $373 Million in Solar Park Projects in Germany, Spain
Ingka Group, the owner of most IKEA stores worldwide, has bought nine solar photovoltaic (PV) park projects in Germany and Spain for a total of 340 million euro…
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