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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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Groundbreaking Study Uncovers Fungi's Crucial Role In Storing Carbon from Fossil Fuel Emissions

June 5, 2023: Newly conducted research reveals that the extensive network of fungi beneath our soil surface is responsible for storing more than 13 gigatons of carbon globally. This amount is approximately equal to 36 percent of the total annual fossil fuel emissions worldwide. To put it into perspective, this

UK's Teesside to House First Sustainable Aviation Fuel Handling Terminal

Teesside, 5th June, 2023: UK's primary autonomous bulk liquid storage provider, Navigator Terminals, has entered into a comprehensive infrastructure collaboration with Alfanar, a worldwide developer of renewable projects, and an engineering cum construction firm. As per the terms of the agreement, Navigator will undertake the development of the North Tees

Canadian Solar's CSI Energy Signs 99MWh Energy Storage Supply Deal In The UK

01 June, 2023: Canadian Solar Inc. has made an announcement in its official press release, stating that CSI Energy Storage, a subsidiary of its majority-owned subsidiary CSI Solar Co., Ltd., has recently engaged in a contract to provide Cero Generation and Enso Energy with comprehensive turnkey battery energy storage solutions,

SSE Unveils Ambitious £40bn Investment Plan for Low-Carbon Energy Infrastructure In The UK

24 May 2023: SSE, a UK-based prominent electricity infrastructure firm, has outlined its intentions to allocate a budget of up to £40 billion in clean energy infrastructure over the next ten years. This substantial investment aims to facilitate the provision of cleaner, more reliable, and cost-effective energy solutions. SSE's announcement

UK Launches Groundbreaking National Robotics Centre For Offshore Renewable Energy

May 18, 2023: The UK's minister for energy security and net zero, Graham Stuart inaugurated the Digital, Autonomous, and Robotics Engineering (DARE) Centre at the Offshore Renewable Energy (ORE) Catapult's testing facility located in Blyth, UK. The UK's groundbreaking DARE Centre, worth 3 million pounds, represents an unparalleled cutting-edge facility

UK Announces Commitment To Biden's Carbon Emissions Removal Challenge

18 May 2023: The UK’s Secretary of State for Energy Security and Net Zero, Grant Shapps has officially announced the UK's intention to participate in US President, Joe Biden's worldwide initiative aimed at advancing and expanding the development of carbon removal technologies. Grant Shapps announced that during his four-day