EnergyFeaturedUK government announce £20 mn budget for tidal stream energy projectsIFM CorrespondentNovember 25, 2021November 25, 2021 by IFM CorrespondentNovember 25, 2021November 25, 2021 The government hopes the funds will help develop the marine energy sector... Read more
EnergyFeaturedSolar to account for 21% of Oman’s energy needs by 2030IFM CorrespondentNovember 18, 2021 by IFM CorrespondentNovember 18, 2021 Around 30% of the Sultanate’s energy needs will be met by renewable energy... Read more
EnergyFeaturedBahrain to cut 30% emission by 2035, vows net-zero emissions by 2060IFM CorrespondentNovember 4, 2021 by IFM CorrespondentNovember 4, 2021 It was revealed by His Royal Highness Prince Salman bin Hamad Al Khalifa at the ongoing COP26 in Glasgow... Read more
EnergyFeaturedLow-income countries might see inflation as energy prices increase: World BankIFM CorrespondentOctober 26, 2021 by IFM CorrespondentOctober 26, 2021 Energy prices are expected to increase by more than 2% in 2022... Read more
EnergyFeaturedAround $5tn investment is needed for the next 30 years to meet climate goals: BofAIFM CorrespondentOctober 18, 2021 by IFM CorrespondentOctober 18, 2021 Decarbonisation efforts can boost global inflation by 3% annually by 2030... Read more
EnergyFeaturedSoaring energy prices a concern for UK manufacturing sectorIFM CorrespondentOctober 12, 2021 by IFM CorrespondentOctober 12, 2021 Rising production cost could force UK factories to shut down... Read more
EnergyFeaturedEU to allocate $65 mn to boost Nigeria’s electricity sectorIFM CorrespondentOctober 8, 2021 by IFM CorrespondentOctober 8, 2021 The EU is collaborating with Germany’s Deutsche Gesellschaft für Internationale Zusammenarbeit... Read more
EnergyFeaturedUAE emerging as one of the biggest players in the global blue hydrogen marketIFM CorrespondentSeptember 22, 2021 by IFM CorrespondentSeptember 22, 2021 The UAE is on its way to become gas self-sufficiency as ADNOC expands into unconventional gas... Read more
EnergyFeaturedVestas to supply wind turbines for WPD’s projects in TaiwanIFM CorrespondentSeptember 14, 2021September 14, 2021 by IFM CorrespondentSeptember 14, 2021September 14, 2021 Vestas will supply six V136-4.2 MW turbines with 112-metre towers... Read more
EnergyFeaturedAmazon signs its first renewable energy deal in JapanInternational Finance Business DeskSeptember 9, 2021 by International Finance Business DeskSeptember 9, 2021 The e-commerce giant signed a MoU with Mitsubishi to build solar power stations in the country... Read more