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Sympower Funding Crosses EUR 25 Mn to Help RE Expansion, Power Networks in Europe

The total funding of the Amsterdam-based Sympower has reached to EUR 25 million as the start-up in climate tech has received a fresh funding of EUR 3 million as the company delves in technology that helps to balance the supply and demand of electricity across networks. The start-up is expected to expand across Europe. The […]

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Germany To Build First Green Ammonia Import Terminal in Hamburg

Germany’s Germany Trade & Invest (GTAI) has has decided upon the northern city of Hamburg for the country’s groundbreaking new green ammonia landing site.  The operational start is planned for 2026. The facility will be a milestone for Germany’s efforts to decarbonize industry by the employment of hydrogen. German Minister for Economic Affairs and Climate […]

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The 5 Key Takeaways From CoP27

Time is ticking and catastrophic natural events are on the verge of becoming a new normal for human existence. The uncertain times of economic and regional instabilities are marred by dreadful climate events across the globe – from floods in Pakistan to raging forest fires in Australia. The signs are clear for the policymakers and […]

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Recessionary Pricing Has Hit Big Global Wind Projects: Rethink Energy Report

Rethink Energy has come up with a new report which says that it turns out that recessionary pricing has indeed taken its toll on large global wind projects. Rethink Energy said that the wind industry has hit several speedbumps in the last few months, illustrated by the poor results for third quarter of 2022 published […]

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Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy

Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […]

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The Top 5: Expectations From COP 27

On Nov 7, at the ongoing World Leaders’ Summit at COP27, UN Secretary-General Antonio Guterres unveiled the “Early Warnings for All” Action Plan, in a bid to ensure early warning systems to the communities – least developed countries and small island developing states – still not covered with early warning systems. The plan calls for […]

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EU, Kazakhstan Sign Agreement on Critical Raw Materials, Batteries & Renewable Hydrogen

On the sidelines of COP27 in Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, have signed an MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development […]

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UK’s PM Sunak Will Announce Accelerated Renewables Plan at COP27

Rishi Sunak, Britain’s Prime Minister, will pledge to hasten the UK’s switch to renewable energy when he speaks before the U.N. climate change summit at COP27. On November 2, UK’s PM Sunak decided at the last minute to attend the climate talks, reversing a decision to forego the yearly event that had been roundly criticised […]

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IEA Report: World Energy Outlook 2022

A study titled “World Energy Outlook 2022” has been released by the IEA (International Energy Agency). The World Energy Outlook 2022 (WEO) offers essential analyses and insights on the ramifications of this significant and ongoing shock to energy systems around the world at a time when the world is experiencing the first ever global energy […]

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