The Middle East and North Africa (MENA) region is projected to attract over $1 trillion [1]in renewable energy investments by 2030, according to Mark Thomas, Group CEO of Bapco Energies. This announcement was made during the third edition of the Sustainability Forum Middle East, held in Bahrain. The forum, which drew over 400 regional and international decision-makers, […]
Turkish steelmaker Tosyalı Holding has announced plans to invest nearly USD 1 billion to install 1.2 GW of solar power capacity for self-consumption across eight provinces. The initiative aligns with the company’s strategy to enhance renewable energy use in its operations. Tosyalı has signed agreements to develop 120 MW of peak solar capacity in Osmaniye, […]
The sale of Thyssenkrupp Electrical Steel India Private Ltd. has been completed. The transaction was officially completed today, with the buyer being a joint venture between JSW Steel Limited—India’s largest steelmaker and part of the JSW Group—and JFE Steel Corporation, which is Japan’s second-largest steel producer. The target company is based in Nashik, approximately 150 […]
Italy and Tunisia have taken a significant step towards enhancing their energy cooperation with the signing of the Elmed energy link project [1]. This ambitious initiative aims to connect the electricity grids of the two countries through a 200-kilometer high-voltage direct current (HVDC) submarine cable. The Elmed project, with a total cost of €920 million, is co-financed […]
A GlobalData report states that the traditional clothing sector expanded by 0.1% in 2024, while the global resale garment market surged by 17.6% to reach US$204.7 billion. With a compound annual growth rate (CAGR) of 11.4% anticipated through 2028, the market is expected to grow by an additional 13.3% in 2025. According to Alice Price, […]
H&M and Central Saint Matins have partnered once more for the Sustainable Fashion and Journalism prize, which will give four awards to students studying journalism and fashion design. In order to “encourage the next generation of fashion leaders to further engage with sustainability and accelerate the shift to circular fashion,” the award seeks to assist […]