Browsing: Energy

In 2023, China experienced remarkable growth in the production and sales of new energy vehicles (NEVs), consolidating its global leadership in the electric mobility sector.

Dubai Electricity and Water Authority (DEWA) has revealed that its customers completed approximately 12.5 million digital transactions in 2023, marking a 25% increase from the around 10 million digital transactions recorded in 2022.

A Saudi property company and an EV firm supported by the Public Investment Fund (PIF) will incorporate electric vehicle charging infrastructure into developments across the Kingdom.

The ADNOC Group based in the UAE has entered into a 15-year agreement with China’s ENN Natural Gas for the annual supply of at least one million metric tons of liquefied natural gas (LNG).

Dubai has unveiled an ambitious initiative to attain carbon neutrality, setting a target of achieving a 50% reduction in emissions by 2030. This new plan aims to build upon the progress made in transitioning towards clean energy over the last decade, establishing a clear roadmap to reach the net-zero objective by 2050.

Abu Dhabi’s sovereign investor, Mubadala Investment Company, is concentrating on enhancing its investments in Asia.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has officially opened the world’s largest concentrated solar power (CSP) project, located in the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.

Today, Mauro Gianetti, the CEO and Team Principal of UAE Team Emirates, took the stage at COP28 to announce the team’s ambitious target of achieving net-zero status by 2030.

At COP28, Tanzanian President, H.E. Samia Suluhu Hassan, introduces the African Women Clean Cooking Support Programme (AWCCSP), a groundbreaking initiative spanning 2023 to 2026. The program targets critical challenges faced by women in Africa due to traditional cooking methods, addressing gender disparities, environmental concerns, health issues, and economic limitations. AWCCSP aims to distribute clean cooking technologies, empower women entrepreneurs, foster regional cooperation, and advocate for policy changes, contributing significantly to gender equality and a sustainable energy transition in Africa.

In a historic announcement during COP28, global leaders have pledged to triple the world’s nuclear capacity by 2050 as a key component of the transition to net-zero.