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Category: Energy Transition
GE Vernova’s Grid Solutions business and MYTILINEOS Energy & Metals announced that they have been awarded a £1 billion contract by National Grid Electricity Transmission and SP Transmission, part of SP Energy Networks (SPEN), for the...
Estonia, a nation renowned for its resilience and pioneering innovation, is taking centre stage at the imminent COP28 in Dubai. Committed to addressing the pressing global climate crisis, Estonia aims to align with international climate...
The Commission welcomes the provisional agreement reached today between the European Parliament and Council on updated EU rules to decarbonise the gas market and create a hydrogen market. The new rules will...
UN Secretary-General António Guterres on Monday urged a deal at COP28 on the phaseout of fossil fuels, telling negotiators that “now is the time for maximum ambition and maximum flexibility,”...
A carbon-free global economy requires the phase-out of fossil fuel subsidies. That’s why the Glasgow Climate Summit in 2021 agreed to phase out inefficient fossil fuel subsidies, on the back...
The Science Based Targets initiative (SBTi) has opened a call for companies and financial institutions in the buildings value chain to pilot the Buildings Science-Based Target-Setting Guidance and Tool drafts....
The Government of Canada has committed to cap and reduce greenhouse gas emissions (GHG emissions) from the oil and gas sector at a pace and scale necessary to contribute to...
A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vessels currently on order. On 9 February 2024, it will enter service on the...
The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar,...
In a continued effort to address the global climate crisis, the Arab Coordination Group (ACG), a strategic alliance of regional and international development institutions, announced at COP 28 in Dubai,...
Nestlé, the world’s largest food and beverage company, is cutting its ocean logistics greenhouse gas (GHG) emissions by using Maersk’s ECO Delivery solution for 100% of its ocean containers shipped...
Schneider Electric, the leader in the digital transformation of energy management and automation, announced that Google, ASM and HP have joined the Catalyze program, which aims to accelerate access to renewable energy across...
Ørsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired Asnæs Power Station in Kalundborg and the straw-fired...
A.P. Moller-Maersk (Maersk) announced more than USD$500 million investment to expand its supply chain infrastructure to support Southeast Asia’s emergence as a global production hub and a consumption powerhouse. Maersk’s...
Energy Transition Plan lays out roadmap for Uganda to sustainably develop its energy sector, meet its climate targets, deliver universal energy access and realise widespread economic benefits Uganda’s Ministry of...
The fund is focused on investment in greenfield renewable energy infrastructure in high growth middle-income markets and is expected to enable more than 10 GW of clean energy Copenhagen Infrastructure...
Following the successful investment agreement in Baltic Eagle in Germany, the first milestone of this alliance is a co-investment in the 1,400 megawatt (MW) East Anglia 3 offshore wind project...
The Coal to Clean Credit Initiative (CCCI), which has support from The Rockefeller Foundation, announced a new collaboration with ACEN Corporation to explore a pilot project in the Philippines that would leverage...
energyRe, an independent U.S. clean energy developer, announced that it has raised a $1.2 billion capital package to support the expansion of its large-scale renewable energy portfolio comprising utility-scale transmission and storage,...
Eni has signed a five-year Sustainability-Linked revolving credit line worth €3 billion, related to two targets of Eni’s Sustainability-Linked Financing Framework, last updated in April 2023. The new facility will...
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