Climate (MENA) 
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China cuts the number of permits for new coal plants by nearly 80% in 1H
The reduction coincides with China’s combined wind and solar capacity surpassing coal capacity for the first time
China greenlights 11 nuclear reactors across five sites
The reactors have a total investment value of USD 31 bn
China approves five nuclear power projects
The first phase of the Jiangsu Xuwei project has a designed capacity of 2.86 GW.
Nearly 40% of clean tech projects under Biden’s IRA face delays
USD 84 bn worth of projects have faced delays ranging from months to years
Iberdrola issues USD 525 mn green bonds in the US
The issuance attracted over EUR 2 bn in demand from more than 60 American accounts
Korea’s Hyundai to invest USD 28 mn in Thai EV + battery factory
The factory is scheduled to begin production in 2026.
Singapore’s Sembcorp will pour USD 528 mn into green energy initiatives
Sembcorp plans to build low-carbon industrial parks in Asia.
Uranium miners urge Australia to lift the fuels’ mining ban
Currently only two uranium mining projects are operational in Australia.
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