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Sustainability
Sustainability
SAF production to triple to 1.5 million tons by 2024: Report
Around 140 SAF projects are planned by 2030, the report said
Asia
China leads affordable EV charge as global transition faces challenges: Report
This is primarily driven by the near price parity between battery-electric vehicles (BEVs) and internal combustion engine (ICE) vehicles in the country
Asia
China power sector achieves $16.5 billion in completed clean energy projects in Q1 2024
The magnitude of clean energy projects currently under construction in China surged to 512.05 GW during the quarter
Sustainability
Global carbon pricing revenues reach record $104 billion in 2023: Report
The report found that there are now 75 carbon pricing instruments in operation worldwide
Sustainability
Clean tech manufacturing investments reach $200 billion in 2023, up 70 percent: Report
China accounted for three-quarters of the total investments in this field, according to the report
Asia
Abu Dhabi’s Mubadala backs Japan’s 108GW solar target with inaugural renewable energy investment
PAG REN I platform will play a critical role in supporting large corporations across Japan as they transition to clean energy
Sustainability
Saudi Arabia’s Aramco inks three agreements with U.S. companies for lower-carbon energy solutions
Agreements align with Aramco's ambition to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions
Sustainability
Global market for energy transition minerals forecast to reach $770 billion by 2040: Report
The market value of key energy transition minerals is around $325 billion
Sustainability
Number of people planning to buy EVs in U.S. declines to 24 percent: Study
24 percent of Gen Z and 32 percent of Gen Y shoppers say they are 'very likely' to consider an EV
Sustainability
Saudi Arabia, U.S. forge roadmap for cooperation in energy with focus on sustainability
Roadmap builds on the 2022 Partnership for Advancing Clean Energy Agreement
Asia
China’s LNG imports forecast to surpass 79 million tons in 2024, PetroChina official says
China shipped nearly 20 million tons of LNG already in the first quarter of 2023
Asia
Sri Lanka forges 20-year power purchase deal with India’s Adani Green Energy
Recent power blackouts and fuel shortages during the 2022 economic crisis underscore the importance of diversifying the energy mix
Sustainability
UN body adopts human rights protections for carbon market mechanism
The move seeks to empower vulnerable communities and individuals
Sustainability
COP28 President urges parties to ‘build on progress’, help those most vulnerable to climate change
At COP28, countries pledged a total of $792 million for loss and damage funding arrangements
Asia
Saudi Arabia’s ACWA Power seeks to invest $10 billion in Malaysia’s renewable energy sector
Collaboration to power up green data centers in Malaysia's industrial parks
Sustainability
Energy storage battery costs to decline by 40 percent, triggering renewable energy adoption
Transport sector utilizes almost 90 percent of lithium-ion batteries
Sustainability
Affordable Tesla EVs coming in 2025
The upcoming vehicles will blend features from a next-gen platform with Tesla's existing Model 3 and Model Y platform
Asia
Asia is the region most impacted by climate disasters: WMO
79 water-related climate disasters impacted Asia last year
Sustainability
IEA forecasts strong growth in electric car sales to 17 million in 2024
The IEA expects China to account for 10 million electric vehicle sales this year
Sustainability
Dominican Republic seeks renewable energy cooperation with UAE to combat climate change
Caribbean officials highlighted UAE renewable energy investment opportunities and mutual benefits
Africa
Africa faces $277 billion annual climate adaptation funding shortfall, warns African Development Bank President
Adesina said the devastating African drought demands urgent, collective action to boost support and financing
Europe
Abu Dhabi’s Tadweer Group, Britain’s Levidian partner to tackle waste decarbonization in the UAE
The two companies set to launch pilot project in Abu Dhabi by end of 2024
Asia
China expands green mine initiative nationwide to advance low-carbon agenda
China boasts over 1,000 national-level green mines
Asia
Honda speeds up China EV plans with Ye brand launch, plans 10 models by 2027
The company aims for EVs to make up 100 percent of its automobile sales in China by 2035
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