Energy, Oil & Gas

UNEZA boosts clean energy grid investment target to $148bn

The Utilities for Net Zero Alliance (UNEZA) announced at COP30 the expansion of its annual investment target for renewable energy transmission and storage systems from $117 billion to $148 billion. The coalition of 73 members now foresees a project pipeline worth $1 trillion by 2030....

Energy, Oil & Gas

SKF showcases scalable clean technologies at COP30

At COP30 in Belém, Brazil, SKF will showcase scalable clean technologies and circular solutions to accelerate industrial decarbonisation, reaffirming its commitment to innovation, circularity, and responsible growth....

Energy, Oil & Gas

Egypt aims for 42pc clean energy share by 2030

Egypt aims for 42 per cent clean electricity by 2030, focusing on solar, wind, and green hydrogen projects, alongside energy efficiency and infrastructure upgrades. Minister Manal Awad discussed these initiatives at the COP30 Leaders’ Roundtable on Energy Transition in Brazil....

Energy, Oil & Gas

30th Irena Council to review energy transition priorities ahead of COP30

The International Renewable Energy Agency (Irena) convenes its 30th Council meeting October 30 in Abu Dhabi to review progress on the Agency’s work and consider collective priorities to accelerate the global energy transition, as preparations advance for COP30 and the 16th Irena Assembly....

Energy, Oil & Gas

Irena urges governments to set bolder renewable targets before COP30

The world is falling behind on its renewable energy and efficiency goals despite record progress last year, confirms a new report released by the International Renewable Energy Agency (Irena). In 2024, global renewable capacity additions reached an unprecedented 582 GW. Yet this is still not enough to stay on track for the COP28 UAE Consensus target of tripling renewables to 11.2 TW by 2030....