As reported by the BloombergNEF(BNEF) in association with the Global Renewables Alliance; By security 24/7 carbon-free electricity (CFE) procurement, The Asia Pacific(APAC) region could possibly be able to attract significant private investment for its energy elevation. According to the report—24/7 Carbon-Free Energy Procurement in APAC: Pathways for Companies and Countries; clean energy procurement from corporates will be a vital funding source for accomplishing […]
ArcelorMittal, the world’s second-largest steelmaker, announced on Friday that it is postponing planned green investments, due to uncertainties surrounding European Union regulatory directives. Earlier this year, the company secured €850 million ($885 million) in subsidies from the French government to support its €1.7 billion decarbonization investment program, scheduled to run through 2030 at its Dunkirk […]
Saeed Khalfan Al Ghafri, CEO of Emirates Steel, a subsidiary of the Emsteel Group, has announced plans for a groundbreaking project to produce low-carbon iron in Abu Dhabi in partnership with Japanese collaborators. The initiative aims to address the growing global demand for sustainable and eco-friendly products, reported Zawya. In statements to the Emirates News […]
Blastr Green Steel has entered a memorandum of Understanding with Knauf Interfer for the annual supply of 100,000 tonnes of ultra-low CO₂ steel. This collaboration is aimed at increasing the supply of decarbonised steel in Europe. Blastr is developing a low-carbon steel value chain that cuts CO₂ emissions by over 90%, using hydrogen instead of coal […]
Australia and China have agreed to collaborate in areas like investment, trade, and decarbonisation as per the reports by Australian Treasurer Jim Chalmers during his visit to Beijing. Beijing, China — The Australian Treasurer, Jim Chalmers’ trip to China, the first of its kind in the last seven years, signifies improvements in the relations between China and […]
