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TODAY: SIRC acquires 60% of Masab + USAID sets up funding for Lebanese solar power
Good morning, ladies and gents. As we enter the homestretch before Ramadan, the regional updates appear to be slowing down…
AI internet sensations like ChatGPT are gobbling up electricity
The AI boom spells bad news for the planet: The training of AI chatbots and image generators like Open AI’s…
Can blooming seaweed be used to store carbon?
A sargassum bloom is no good news: A large mass of brown seaweed sargassum is extensively stretching across the Atlantic…
High-emissions industries are working to decarbonize — but finance remains a challenge
MENA’s HTA industry leaders are in a race to decarbonize: Decarbonization has emerged onto the radar of the world’s high-emissions…
Interest is growing in green hydrogen-powered steel production — and MENA could play a leading role
As Europe races to decarbonize its steel industry, MENA could be poised to lead in “green” steel production: Europe’s steel…
TODAY: EFG Hermes’ Vortex Energy and London-based Zouk Capital invest in British EV charging company
Good morning, ladies and gents. The weekend is on the horizon and climate news from the region seems to be…
TODAY: Emerging markets get a boost for their energy transition from the IFC and ADFD
Good morning, friends, and welcome to another finance heavy day with some key updates from the UAE. Let’s jump right…
India’s green energy transition will cost USD 10 tn
India’s net-zero pledge for 2070 will require a USD 10 tn investment, the country’s secretary of power told Reuters, without…
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