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Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report

Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report

Middle East's global green tech investment soars 200% to $5B in 2023, defying a global decline. Local innovators face a funding gap, receiving<2%.

Qatar to Announce $4 Billion Investment in UK Green Energy Research Hub

Qatar to Announce $4 Billion Investment in UK Green Energy Research Hub

Qatar has announced a $4 billion investment in a UK-based green energy research hub known as Project Oryx. Spearheaded by the nonprofit Qatar Foundation in collaboration with Rolls-Royce and McKinsey.

Renewable Energy Receives Multi-Million Backing To Enhance The UK’s Energy Security

03 Aug, 2023: The UK’s Energy Security Secretary, Grant Shapps revealed that the government will be providing an additional £22 million in support for renewable energy projects through the Contracts for Difference scheme, which will bring the total budget allocated for this auction to £227 million. The Contracts for

Danske Commodities Makes Strides In The UK Market With Its First Battery Storage Deal

04 July 2023: Danske Commodities, an energy trading company, has entered into its inaugural optimisation agreement for a battery storage asset in the United Kingdom. Danske Commodities has made an official declaration regarding its recent commitment to a three-year contract for the utilisation of a 25 MW battery storage facility

UK To Enforce Stringent Emission Limits On Power, Industry And Aviation By 2024

03 July 2023: The UK Emissions Trading Scheme Authority (UK ETS) has revealed a comprehensive set of reforms aimed at strengthening restrictions on emissions from industries, power generation and aviation starting in 2024. The scheme, established in 2021, imposes restrictions on the quantity of greenhouse gases that aviation, power and

EDF Renewables Announces Ambitious 400MW Onshore Wind Farm Project in Scotland

21 June, 2023: EDF Renewables UK has officially announced its intention to establish a sizable onshore wind farm generating up to 400MW in the Scottish Borders, strategically located in Wauchope Forest and Newcastleton Forest. In an effort to ensure mutual benefits for the local communities, EDF actively seeks community participation

Betolar's Patent On Waste-based Concrete Expands To European and Indian Markets

June 16, Finland: Finland-based materials technology company Betolar has secured patents from across Europe and India for its latest waste-based alternative concrete production technology which is capable of storing energy. As per the company, the material which is already patented in Finland, is best suited for use in renewable energy