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ACWA Power Net Profit Surges 110% YoY in First 9 Months of 2022
Its operating income before impairment loss and other expenses grew by 11% YoY.
OPEC
Iraq's October Oil Output in Line With OPEC+ Quota, SOMO Data Show
Iraq produced 4.651 million barrels per day (bpd) of crude in October, down by 11,000 bpd from September.
EUBCE 2023 In-person & Online!
Submit an abstract by 18 November to lead the conversation!
Net Zero Emission
ReNew Power Aims to Reach Net Zero by 2040
It avoided over 11 million tonnes of carbon emissions in the past year.
Australia
ACEN Australia Greenlights Stubbo Solar Project
The 400MW project will produce enough clean energy to power 185,000 households.
Targeted RE Capacity Needs to Be Doubled by 2030 to Reach Climate Goals
Total capacity needs to reach 10.8TW from the current target of 5.4TW.
Australia
Australian Government Expands ARENA 2022-23 Federal Budget
This will include A$146.1m for the decarbonisation of the road transport sector.
Carbon Emissions
Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince
Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy o…
Egypt
Gates Foundation Gives $1.4 Bln Climate Help to Smallholder Farmers
The Bill & Melinda Gates Foundation has pledged $1.4 billion to help smallholder farmers cope with the impacts of climate change, part of efforts at global clim…
Wind Turbine
Türkiye’s New Wind Power Capacity in 2023 Represents an Investment of One Billion Dollars
Türkiye could install another 1,000 megawatts (MW) in wind energy capacity next year, an addition that could attract $1 billion (TL 18.57 billion) in fresh inv…
Carbon Emissions
South Africa Says It Needs $84 Billion for Energy Transition in Next Five Years
South Africa needs about 1.5 trillion rand ($84 billion) over the next five years for its plans to cut carbon emissions, harness economic opportunities from the…
Electric Car
First Fit for 55 Deal to Bolster EV Uptake
The first Fit for 55 deal has been signed between the European Council and the European Parliament on a 100% CO2 emission reduction target for all EU vehicles b…
Smart Meter
20 Point-Plan for Driving 100% Smart Meter Uptake in Australia
The Australian Energy Market Commission (AEMC) has put forward recommendations to drive 100% smart meter uptake in Australia by 2030, as part of a suite of refo…
Offshore Wind Power
Evonik Taps Into EnBW Wind Park in Industry's Clean Energy Push
Evonik secured about 100 megawatts (MW) of electricity per year from an EnBW offshore wind park.
Carbon Emissions
Researchers Report Renewable Jet Fuel Breakthrough
National Renewable Energy Laboratory researchers report success in using lignin as a path toward a drop-in 100% sustainable aviation fuel.
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