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NORTH AFRICA’S RENEWABLE POTENTIAL AND STRATEGIC LOCATION REINFORCE ITS ROLE IN ENERGY TRANSITION
North Africa – Algeria, Egypt, Libya, Morocco, Tunisia, and Sudan – faces significant challenges due to climate change, which increasingly disrupts the region’s economies that rely on agriculture, fishery and tourism. Climate...
ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology
ABB has signed an agreement with UK-based gravity energy storage firm Gravitricity to explore how hoist expertise and technologies can accelerate the development and implementation of gravity energy storage systems in former...
Enhancing infrastructure can help boost Denmark’s clean energy investment
Denmark’s energy and climate ambition in sectors such offshore wind, biomethane and district heating are transforming the country’s energy system and reinforcing its image as a clean energy leader toward net zero...
ABB signs 500 million euros EIB financing to further drive smart and sustainable electrification technologies
ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a 500 million euros financing agreement to support ABB’s research and development in its Electrification business...
Samsung C&T and ABB enter agreement to expand smart building capabilities
To improve the livability and energy efficiency of large residential, commercial and multi-dwelling residential buildings, ABB Smart Buildings and Samsung C&T Corporation Engineering & Construction Group (‘Samsung C&T’) today entered a new...
MENA’s Transforming Role in an Evolving Energy Landscape
The Middle East and North Africa (MENA) region has been leading fossil fuel production for decades, creating tremendous economic growth.
However, fossil fuel-driven growth has proven to be unsustainable for both people and...
ABB and Export Development Canada agree on global partnership for financing clean tech projects
ABB and Export Development Canada (EDC), Canada’s export credit agency, have signed a global partnership to promote investments in sustainable technologies and projects in Canada and around the world. The support provided...
How India’s climate leadership is building a better future for all
India is poised to be a global leader when it comes to economy, technology and trade. Now, it has an opportunity to seize the moment and help the world address climate change...
MAINTAINING THE BALANCE AND DEVELOPING THE POWER SYSTEM
Earlier this year, electricity prices in the region and Europe were at the level from two years ago, but this was not a sign of the easing of the energy crisis, but...
ABB Formula E Showcases Energy Efficiency in Motorsport Crazy Brazil
This weekend, the ABB FIA Formula E World Championship is bringing the inaugural São Paulo E-Prix to Brazil, the world’s seventh most populous country with a strong tradition and fan base for...
Power-sector Emissions are Set to Fall in 2022. – Thanks to Renewable Energy
Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand.
Renewable energy has seen a...
Solar Energy for Secure Supply
Solar energy, green hydrogen, the hydropower sector and decarbonization are the topics of discussion on the second day of the Conference Energy Week Western Balkans organized by the British company Invest In...
Global Energy Crisis Shows Urgency Of Accelerating Investment In Cheaper And Cleaner Energy In Africa
Today’s crippling spikes in energy prices underscore the urgency and the benefits for African countries of accelerating the scale up of cheaper and cleaner sources of energy, the IEA says in a...
Energy Transition Holds Key to Tackle Global Energy and Climate Crisis
Short-term interventions addressing the current energy crisis must be accompanied by a steadfast focus on mid- and long-term goals of the energy transition. High fossil fuel prices, energy security concerns and the...
Decarbonised Energy Pathway More Cost Effective than Polluting Alternatives in Central America
A decarbonisation strategy can bring benefits to the Central America region at the same or lower energy system costs than the current planning strategy, according to a new report by the International...
NTPC Wins Approval For India’s Largest (4.7 Gigawatt!) Solar Park
In a major boost to its aggressive plans to increase renewable energy generation, India’s largest power generation company has secured approval to set up a solar park park in Gujarat.
The Ministry of...
