EnergyFeaturedSouth Africa’s plan to add power generation capacity hits roadblocksIFM CorrespondentApril 5, 2022April 5, 2022 by IFM CorrespondentApril 5, 2022April 5, 2022 The country had gone for 1130 hours of planned power outages in 2021, which translates to 47 days of powercuts.... Read more
EnergyFeaturedThe impact of rising energy bills on ordinary EuropeansIFM CorrespondentMarch 4, 2022March 4, 2022 by IFM CorrespondentMarch 4, 2022March 4, 2022 This comes at a time when Europe and the UK as a whole are suffering from low reserves.... Read more
EnergyFeaturedSaudi Arabia is all set to dominate the global hydrogen market: Prince Abdulaziz bin SalmanIFM CorrespondentJanuary 20, 2022 by IFM CorrespondentJanuary 20, 2022 The Kingdom needs to let all countries decide their own choices regarding resources of energy... Read more
EnergyFeaturedAbu Dhabi Solar firm Sweihan raises $70 mn via green bondsIFM CorrespondentJanuary 17, 2022 by IFM CorrespondentJanuary 17, 2022 The senior secured bonds have set a coupon of 3.625%... Read more
EnergyFeaturedACWA Power beginning the first phase of the Noor energy projectIFM CorrespondentJanuary 11, 2022 by IFM CorrespondentJanuary 11, 2022 The project is in line with Dubai’s clean energy strategy 2050 and aims to boost Dubai’s clean energy share to 25% by 2030... Read more
EnergyFeaturedACWA Power closes $1.33 bn in financing for the Red Sea Development projectIFM CorrespondentDecember 22, 2021 by IFM CorrespondentDecember 22, 2021 The project will run of 100% renewable energy... Read more
EnergyFeaturedJapanese oil company Eneos acquires a 19% stake in a 35-MWp Vietnamese solar plantIFM CorrespondentDecember 14, 2021 by IFM CorrespondentDecember 14, 2021 Eneos acquired the stakes from Shizen Malaysia Sdn Bhd... Read more
EnergyFeaturedAdnoc and TotalEnergies to collaborate on low-carbon hydrogen and CCS projectsIFM CorrespondentDecember 6, 2021 by IFM CorrespondentDecember 6, 2021 The deal was signed during President Emmanuel Macron's visit to the UAE... Read more
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