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IEA's Renewables 2024 Report: Solar and Wind Power to Transform Global Energy Landscape

October 10th, 2024 • The IEA’s Renewables 2024 report shows that the world is rapidly moving towards a future powered by clean energy. With solar and wind energy leading the way, countries are making progress in reducing their carbon emissions and securing a reliable energy supply. However, to keep up the pace, governments and industries must work together to solve supply chain and regulatory challenges.

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Industry Classification Systems used in the Green Economy

October 4th, 2024 • Green industry classification systems are specialized frameworks designed to categorize businesses based on their contributions to sustainability and environmental goals. These systems help investors, regulators, and policymakers identify companies that prioritize green practices, such as renewable energy production, waste management, and resource efficiency.

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Hard Facts on Renewable Energy: Breaking Down the Real Economic Benefits of Solar and Wind

October 2nd, 2024 • As the world shifts to sustainable energy, solar and wind power lead with environmental and economic benefits. Renewable energy is a key job creator, with over 12 million people employed globally, particularly in solar and wind sectors. Large-scale projects boost local economies through land leases and tax revenue.

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Volvo Trucks Advocates for Carbon Pricing to Accelerate Electrification

October 2nd, 2024 • Volvo Trucks is advocating for the implementation of carbon pricing as a strategy to accelerate the adoption of electric trucks. The company’s president, Roger Alm, emphasizes that carbon pricing would help level the playing field by reflecting the true environmental costs of diesel trucks, pushing businesses toward cleaner alternatives.

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Sustainability That Saves: How Energy Efficiency is Cutting Costs for Businesses

October 1st, 2024 • Energy efficiency is becoming a crucial strategy for businesses to reduce operational costs while advancing sustainability goals. By adopting energy-saving technologies, companies can significantly lower their energy consumption and utility expenses. Not only does this approach lead to cost savings, but it also enhances corporate social responsibility, boosting brand reputation and aligning with consumer preferences for sustainable practices.

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H2 MEET 2024: South Korea Leads the Charge in Hydrogen Technology with Record-Breaking Event

September 30th, 2024 • The 2024 H2 MEET in Goyang, South Korea, concluded with record participation, featuring over 300 exhibitors and 40,000 visitors. The event highlighted the growing momentum in the global hydrogen sector, focusing on advancements in hydrogen production, storage, and fuel cell technologies. It emphasized international collaboration and the need to scale up hydrogen infrastructure to meet climate goals.

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Study Reveals Challenges of Tidal Energy Deployment in Complex Ocean Conditions

September 27th, 2024 • A study in Nature Communications explores the challenges of deploying floating tidal turbines in complex ocean conditions. Researchers examined Orbital Marine Power's O2 turbine, revealing how turbulent flow and wake dynamics impact performance and increase maintenance demands.

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Dubai and Italy Boost Partnership in Clean Energy and Sustainable Innovation

September 24th, 2024 • Dubai and Italy are enhancing their partnership in clean energy and sustainability, following discussions between DEWA and the Italian Ambassador. The talks focused on expanding collaboration in renewable energy, particularly through projects like the Mohammed bin Rashid Al Maktoum Solar Park, and Italy's involvement in showcasing green technologies at the upcoming WETEX exhibition.

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Launch of the World's Largest Research Project on Sustainable Hydrogen Production

September 20th, 2024 • A major international research project has been launched to develop sustainable methods for hydrogen production, focusing on reducing costs and improving efficiency. The project aims to advance technologies like water electrolysis powered by renewable energy, which is essential for decarbonizing industries such as steel, chemicals, and transportation.

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Global Investors Call for Stronger Climate Policies Ahead of COP29

September 18th, 2024 • Ahead of COP29, over 530 financial institutions managing $29 trillion in assets are urging governments to implement policies that unlock private capital for the net-zero transition. The coalition calls for sector-specific decarbonization, mandatory climate reporting, and increased investment in developing economies. With emerging markets underfunded, the coalition stresses that stronger policies will accelerate the global net-zero transition.

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Mitsubishi Corporation Partners with ExxonMobil to Advance Green Hydrogen Initiatives

September 17th, 2024 • Mitsubishi Corporation has joined forces with ExxonMobil to collaborate on green hydrogen initiatives aimed at reducing carbon emissions. The partnership will focus on leveraging both companies' expertise to develop and commercialize green hydrogen, produced using renewable energy.

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Global Energy Perspective 2024: The Next Phase of the Energy Transition

September 17th, 2024 • The Global Energy Perspective 2024 report by McKinsey highlights the ongoing energy transition, with renewable energy sources like solar and wind expanding rapidly. However, fossil fuels will remain part of the global energy mix, and emissions are projected to exceed the 1.5°C climate target by 2050.
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