Green Hydrogen Is Fast Becoming a Major Hit in the Middle East

Following the announcement by the country’s Energy Minister Suhail Al-Mazrouei, in November 2021, the United Arab Emirates began construction on the first green hydrogen plant in the Middle East. The United Arab Emirates has announced plans to achieve net-zero emissions by 2050 and has stated that it will oversee investments in renewable energy totaling 600 billion dirhams ($163 billion).

The electricity market in South Africa – Opportunities for German SMEs from the Renewable Energy sector

As the second-largest economy on the African continent and Germany’s number one trading partner in Africa, the South African renewable energy sector is increasingly brought to focus for German SMEs. Not only is the country blessed with abundance of renewable energy resources, but it is also regarded as an attractive location to do business as Africa’s most industrialised country with a highly developed financial and legal sector as well as modern infrastructure. South Africa has everything to become a trendsetter with a stable energy supply when it comes to alternative energy.

China Aims for Carbon Neutrality

Hundreds of millions of people have been lifted out of poverty by China’s remarkable economic growth over the past four decades, transforming the country into a leader in many industries while also becoming the world’s largest emitter of carbon dioxide (CO2) and accounting for one-third of global carbon dioxide (CO2) emissions.