Electricity consumption drives global energy demand surge in 2024
Global energy demand growth 2024 jumped to 2.2%, led by soaring electricity use and record renewable energy deployment....
Tag : renewable energy
Sheikh Mohamed, Mitsotakis explore deeper UAE-Greece relations
UAE President Sheikh Mohamed bin Zayed Al Nahyan met Greek PM Kyriakos Mitsotakis in Abu Dhabi to discuss...
EU reports €27.2 billion surplus in latest trade data
The EU posted a €27.2 billion trade surplus in Q4 2024, its sixth in a row, led by...
Emerging economies to drive 85% of global electricity demand growth
Global electricity demand is projected to rise nearly 4% annually through 2027, driven by industrial expansion, transport electrification,...
OPEC Fund grants €50M loan to boost Türkiye’s green transition
The OPEC Fund and TSKB signed a €50M loan deal to boost Türkiye’s renewable energy, energy efficiency, and...
Austria launches Industrial Hydrogen Valley to drive clean energy transition
Backed by €578 million investment, Austria's Industrial Hydrogen Valley will enhance green hydrogen output, cutting emissions and advancing...
EU supports clean tech with €4.8 billion in net-zero project funding
The EU awards €4.8 billion to 85 net-zero projects, spanning 18 countries, to boost clean technology innovation and...
IEA forecasts UAE to exceed its renewable energy goals for 2030
The UAE is expected to exceed its renewable energy capacity targets for 2030, with significant growth projected by...
OPEC Fund’s $10 million loan targets MSMEs and climate action in Armenia
OPEC Fund partners with Evocabank to provide a $10 million loan aimed at empowering Armenian MSMEs, with a...
Egypt partners with global energy companies in $1.8 billion offshore exploration initiative
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to...