Solar-Powered Reactor Recycles Plastic and Gases into Sustainable Fuels

Solar-Powered Reactor Recycles Plastic and Gases into Sustainable Fuels

Scientists at the University of Cambridge said they have developed a novel solar-powered reactor, which can convert plastics into commodity chemicals and greenhouse gases into sustainable fuels. The research was ...
/ / Solar, Technology
Early Rollout of Fiscal Policy Could Reduce Emissions in the Middle East & Central Asia

Early Rollout of Fiscal Policy Could Reduce Emissions in the Middle East & Central Asia

The Middle East and Central Asian countries have collectively pledged to reduce annual greenhouse gas emissions (GHG) in 2030 by 13-21%, a new IMF study estimates. On assessing the region's ...
Global Energy Crisis May Expedite Transition to Sustainable and Clean Sources: IEA

Global Energy Crisis May Expedite Transition to Sustainable and Clean Sources: IEA

The global crisis triggered by the war in Ukraine could ironically accelerate the transition to a more sustainable and secure energy system, according to the latest World Energy Outlook by ...
European Commission Approves €220 Million Aid for Clean Hydrogen Production in Spain

European Commission Approves €220 Million Aid for Clean Hydrogen Production in Spain

The European Commission, under the European Union (EU) State aid rules, has approved a €220 million (~$215.3 million) Spanish measure to support Cobra Facilities & Services (COBRA) in the production ...
Deutsche Bank to End Lending for Coal Mining by 2025

Deutsche Bank to End Lending for Coal Mining by 2025

The Deutsche Bank has tightened its ‘Fossil Fuels Policy,’ which provides for a stricter framework when dealing with business activities involving coal, oil, and gas. The bank is likely to ...
/ / Finance and M&A, Other
Barclays Likely to Stop Lending to Projects Based on Fossil Fuels

Barclays Likely to Stop Lending to Projects Based on Fossil Fuels

During the annual general meeting (AGM) of Barclays, a British multinational investment bank, nearly 24% of shareholders voted for Share Action’s resolution asking the bank to phase out financing for ...
/ / Other, Other Energy
EIB to Stop Funding Fossil Fuel-Based Projects After 2021

EIB to Stop Funding Fossil Fuel-Based Projects After 2021

The European Investment Bank (EIB) has announced that it will end financing fossil fuel-based projects by the end of 2021. The global lender now wants to focus its financing for ...
/ / Other Energy
Greenko Raises $495 Million to Invest in 2.4 GW of Energy Storage Projects

Greenko Raises $495 Million to Invest in 2.4 GW of Energy Storage Projects

General Insurance Corporation (GIC) and Abu Dhabi Investment Authority (ADIA) have signed an agreement to invest $495 million as primary equity in Greenko Energy Holdings (Greenko), a renewable energy project ...
Cost of Generating Renewable Energy Will Continue to Fall Says IRENA

Cost of Generating Renewable Energy Will Continue to Fall, Says IRENA

The cost of electricity generated by new renewable power projects once again declined for projects commissioned during 2017, continuing a trend that has been underway for years. These findings were ...