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Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report

Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report

Middle East's global green tech investment soars 200% to $5B in 2023, defying a global decline. Local innovators face a funding gap, receiving<2%.

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Middle East Investment in Global Climate Tech Surges Almost 200%: PwC Report

Middle East's global green tech investment soars 200% to $5B in 2023, defying a global decline. Local innovators face a funding gap, receiving<2%.

Hyundai Forges Strategic Partnership to Pave Way for Hydrogen Mobility Ecosystem in Saudi Arabia

Hyundai Motor signs key MOU with Saudi partners to establish a hydrogen-based mobility ecosystem. This strategic move supports Saudi Arabia's "Vision 2030" and "Green Initiative" for sustainable, low-emission transportation, with a focus on hydrogen fuel cell technology.

Climate Tech Investments See 40% Dip, But With a Steady Influx of First-Time Investors, Sector Remains Attractive

PwC's 2023 report shows a 40% fall in climate tech investments due to economic uncertainty. Despite this, first-time investors show interest, highlighting the industry's continued allure.

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NZTC To Offer £1.2M funding To 12 Low-Carbon Tech Start-ups

July 13, 2023: The Net Zero Technology Centre (NZTC) is offering clean energy start-ups worldwide the opportunity to join its TechX Accelerator program's 2024 cohort and compete for a share of the generous £1.2M grant funding, with each start-up eligible for up to £100,000. Supported by esteemed partners

A Step Towards Decarbonisation: Scientists Discover Compound For Safe Hydrogen Storage And Utilisation

July 10, 2023: Scientists from the RIKEN Center for Emergent Matter Science (CEMS) in Japan have made a significant finding involving a compound that employs a chemical reaction to store ammonia, presenting the potential for a safer and easier storage method for this crucial substance. This breakthrough not only enables

Existing Technologies Hold Key To Combating Harmful Greenhouse Gas Emissions

July 5, 2023: Scientists have discovered that there is an immediately viable, cost-effective, and implementable approach to mitigate greenhouse gas emissions. By utilising existing technology in industrial sectors, it is possible to effectively reduce nitrous oxide-an environmentally harmful greenhouse gas and ozone-depleter. "The urgency of climate change requires that all

Denmark On Track To Control Carbon Capture Market With EU Support

Jul 6, 2023: The Danish government is allocating substantial funds to position the country as a prominent European hub for carbon capture and storage (CCS), a crucial technology in the EU's plans to achieve net-zero emissions by 2050. Denmark's objective is to stimulate the emerging CCS industry by offering subsidies,

Danske Commodities Makes Strides In The UK Market With Its First Battery Storage Deal

04 July 2023: Danske Commodities, an energy trading company, has entered into its inaugural optimisation agreement for a battery storage asset in the United Kingdom. Danske Commodities has made an official declaration regarding its recent commitment to a three-year contract for the utilisation of a 25 MW battery storage facility

UK To Enforce Stringent Emission Limits On Power, Industry And Aviation By 2024

03 July 2023: The UK Emissions Trading Scheme Authority (UK ETS) has revealed a comprehensive set of reforms aimed at strengthening restrictions on emissions from industries, power generation and aviation starting in 2024. The scheme, established in 2021, imposes restrictions on the quantity of greenhouse gases that aviation, power and