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Renewable Energy

31 stories

Aldar

Aldar to cut energy consumption by investing $6.8 million

In 13 residential neighbourhoods, Aldar Properties will invest AED25 million ($6.8 million) in energy-retrofit projects, which have the potential to save AED12 million ($3.27 million) and 19,000 tonnes of carbon dioxide emissions annually. According to a filing with the Abu Dhabi Securities Exchange by the business, the projects will be carried out in 13 residential […]

Vandana Srinivas2 min read
Dubai

World’s largest waste-to-energy project is 85% complete, says Dubai Municipality

The largest waste-to-energy project in the world, the Dubai Waste Management Centre (DWMC), has reached 85% completion, according to a recent announcement by Dubai Municipality. In keeping with His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision to elevate the emirate’s profile as a global model for sustainable development and solidify its position as the […]

Vandana Srinivas2 min read
Aramco opens ARC KAUST to accelerate low-carbon energy research

Aramco opens research hub for ‘developing low-carbon solutions’

The Saudi Arabian Oil Company (“Aramco”) opened the Aramco Research Center at KAUST (ARC KAUST), which intends to speed the development of low-carbon solutions for the energy market via the use of sophisticated analytics. This comes after Saudi Aramco pledged to reach net-zero emissions by 2050, a decade sooner than a government timetable for the […]

Vandana Srinivas2 min read
Middle East oil inflation

Oil inflation might be a boon to the Middle East, but leaves other countries to deal with social unrest

Energy costs have risen faster than projected, and certain supply chain disruptions caused by the pandemic were expected to last until 2022. The Russian invasion of Ukraine in February shook Middle Eastern and North African stock markets and oil sectors. All these factors pose a particular problem for largely import-dependent countries like the Gulf states […]

Vandana Srinivas6 min read
BT

Gojek Pledges to achieve Zero Emissions by 2030

The Indonesian multi-service platform and digital payment technology Gojek pledges to achieve Zero Waste, Zero Emissions and Zero Barriers by 2030 in its First Annual Sustainability Report. This move is to create positive impact on long term value for people and planet which is a part of its sustainability mission. The company’s approach will be […]

Shyam Dev2 min read
SpaceX

SpaceX to land NASA astronauts on the moon for $2.89 billion

The independent agency of the U.S. federal government, National Aeronautics and Space Administration ( NASA ) has chosen SpaceX an American aerospace manufacturer and space transportation services company to land NASA astronauts in moon for $2.89 billion. The agency’s powerful Space Launch System rocket will launch four astronauts aboard the Orion spacecraft for their multi-day […]

Shyam Dev2 min read
Volvo

SSAB and Volvo joins together to build first fossil-free steel trucks

The Swedish multinational manufacturing company Volvo and the Swedish steel manufacturer SSAB has joined together to build first fossil-free steel trucks. The collaboration will formalise the agreement on research, serial production, commercialisation and development of vehicles. Volvo will start manufacturing the first concept vehicles and machines with steel from SSAB using hydrogen already in 2021. […]

Shyam Dev2 min read
BT

SK Innovation’s battery recycling technology gets recognised by U.S

South Korea’s largest energy and chemical company SK Innovation’s electric vehicle (EV) battery recycling technology has been recognised by Argonne National Laboratory which is a U.S based research centre. The company’s battery recycling technology has been recognised for its superiority in reducing greenhouse gas emissions. The research centre, Argonne National Laboratory, which comes under the […]

Shyam Dev2 min read