According to World Bank Group President Jim Yong Kim. “Battery storage can help countries leapfrog to the next generation of power generation technology, expand energy access, and set the stage for much cleaner, more stable energy systems.
The EU Sustainable Energy Week (EUSEW), which took place virtually from October 25th-29th 2021, was celebrated under this year’s banner ‘Towards 2030: Reshaping the European Energy System’ just before COP26 kicked off in Glasgow.
As a usual practice, in 2020, the WEC prepared the annual World Energy Trilemma Index intending to shed light on the relative energy performance of different countries, which were assessed in relation to energy security, energy equity, and environmental sustainability.
At the COP26 Summit, South Africa announced that it secured $8.5 billion in grants and low-interest loans over the next five years. The program, which is funded by the United States, the United Kingdom, France, Germany, and the European Union, aims to achieve the lower bound of South Africa’s Paris Agreement emission targets, which aim to limit global temperature increase to 1.5 degrees celsius above pre-industrial levels.
Glasgow/Rome, 31st October 2021 – From 30th to 31st October, the G20 met at the occasion of the Rome Summit in Italy at the same
In the previous two decades of the twenty-first century, the mean annual temperature in Africa increased by 1.7 degrees Celsius and temperatures are anticipated to
Qair, an independent French renewable energy producer, and STOA, an investment fund of the Caisse des Dépôts (CDC) and the Agence Française de Développement (AFD), launched the joint platform MIHIA Holding (Make It Happen In Africa) in October 2021 to invest in African renewable energy projects beginning with a 24 MWp solar project in Burkina Faso.
As The Africa Report pinpointed, numerous African ministers and leaders promised to attend COP26 in Glasgow. Among others, these included Botswana’s Minister for Mineral Resources, Green Technology and Energy Security Lefoko Moagi, the President of the Democratic Republic of the Congo Félix Tshisekedi, the President of the Congo Republic Denis Sassou-Nguesso, the President of Gabon Ali Bongo Ondimba, Gabon’s Minister of Environment and Forestry Lee White, and Rwanda’s Minister of Environment Jeanne d’Arc Mujawamariya.
Abu Dhabi/Geneva, 18 October 2021 – As the International Renewable Energy Agency (IRENA) announced, it has signed an agreement with the International Labour Organization (ILO), which reemphasizes that the energy transition must coincide with the promotion of decent work for all.
Ahead of the African Energy Week, which will take place from 9-12th November 2021 in Cape Town, the African Energy Chamber (AEC) has announced that it will promote national oil companies (NOCs) as the key drivers of Africa’s energy growth at the Africa Independence Forum.
Seoul, 18 October 2021- Less than a month after electricity prices spiralled for the first time in 8 years, South Korea’s government disclosed two revised
Just a month ago, Jordan reopened the border to Syria in an attempt to stimulate trade and provoke an economic recovery of both countries. Whereas Jordan’s economy is dealing with a high rate of unemployment (48%), spiraling debt, scarcity of investments and widening external balances, Syria’s economy has been battered by the decade-long war, internal displacement, humanitarian catastrophe and the devastating influence of the COVID-19 pandemic.