Investment in clean energy technologies to reduce CO2 emissions by 20 million tonnes EWEC (Emirates Water and Electricity Company) has released its latest Statement of Future Capacity Requirements Summary Report for Abu Dhabi’s future water and electricity production. The statement forecasts a significant 50 percent reduction in carbon dioxide (CO2) emissions from a shift towards […]
MENA Region Energy Investment to Exceed $805 Billion Through 2025: Apicorp
Renewables will be forming an increasingly significant part of the power generation spend. Middle East and North Africa energy investments are forecast to exceed $805 billion over the next five years (2021 to 2025), according to The Arab Petroleum Investments Corporation (Apicorp), a multilateral development financial institution. Apicorp’s latest MENA energy investment outlook see only […]
Hydrogen Production: Can we get to $1 Clean Hydrogen?
Last week, the European Commission opened the doors to applications for the initial phase of a regional 40GW 2030 plan, targeting the installation of 6GW of electrolyzers to produce one million tons of hydrogen, all by 2024. A day now rarely passes without an ambitious multi-gigawatt project announcement, hitting the headlines. The Hydrogen Council cited […]
PROJECTS: Iraq Aims for 10 Gigawatts of Solar Power by 2025
Talks under way with global firms. OPEC member Iraq aims to produce 10 gigawatts (GW) of solar power by 2025 through projects being negotiated with international firms, its Oil Minister has said. Ihsan Abdul Jabbar told the official Alsabah daily that these projects run parallel with plans to more than double the country’s gas production […]
Wind energy industry set to create 3.3 million jobs globally by 2025
A historic 93 GW of new wind capacity was installed in 2020 despite the impacts of COVID-19, making last year a record year for onshore wind growth and the second-best year for offshore wind growth. New Delhi: The global wind energy industry is set to grow at a 4 per cent Compounded Annual Growth Rate […]
SKODA AUTO Volkswagen India aims to make the manufacturing carbon neutral by 2025
In India, SAVWIPL aims to make the manufacturing carbon neutral by 2025 while its parent – the Volkswagen Group targets net zero by 2030. India CSR Network interviewed Sanjay Khare, VP & Director at SKODA AUTO Volkswagen India, to discuss challenges, interventions, achievements and plans. Excerpts: What are the targets for Sustainability with Environmental, Social, […]
China’s capital envisages 10,000 fuel cell vehicles by 2025
China is the world’s largest green house gas emitter but is aiming for carbon-neutrality by 2060. At the end of 2020, China had fewer than 10,000 trucks and buses powered by hydrogen. The city of Beijing aims to have over 10,000 fuel cell vehicles on the road and build 74 hydrogen filling stations by 2025, […]
Huawei Predicts 10 Trends in Smart PV for 2025
Introduction: Over the next 5 to 10 years, renewable energy will assume a more prominent role as a main power source for power grids. Solar power, in particular, as the most noteworthy form of renewable energy, has a particularly bright future. However, as renewable represents a greater proportion of total energy production, ensuring safety, reliability, […]
Oman targets 3,050 MW of renewables by 2025
A renewable energy development plan unveiled recently by the Oman Power and Water Procurement Company (OPWP) the sole buyer of electricity in the Sultanate envisions the procurement of 3,050 megawatts (MW) of renewables-based capacity by 2025, representing 16 per cent of total electricity output by this timeframe. This compares with a minimum 10 per cent […]
Hyundai Motor Group targets 44 electrified models by 2025
In addition to electrification, the group is betting big on autonomous technology and shared mobility. As the automotive industry witnesses what could be seen as one of its most disruptive eras, the Hyundai Motor Group has revealed that it is targeting to have 44 electrified models in its global range by 2025. In his New […]