Tag

CLEAN ENERGY

The United Nations (UN) has told major tech firms to fully power their Artificial Intelligence (AI) data centers with renewable energy by 2030 or risk pushing the planet’s climate goals off track. 
Standard Chartered Plc has admitted that its 2025 target of running entirely on renewable energy is proving difficult to achieve, citing significant market limitations in several countries where it operates.  
The International Energy Agency (IEA) has projected that the global market for clean energy technologies will reach $2 trillion in value by 2035.  
The Lagos State Government has set an ambitious target to significantly reduce carbon emissions and enhance sustainability in public transportation by aiming for 52% of the buses in the Bus Rapid Transit (BRT) system to be fuelled by clean energy by 2050.
Africa will receive only 2% of the $2 trillion global clean energy investment in 2024 according to a new report by the International Energy Association (IEA).
Global Clean energy spending stood at $1.8 trillion, falling short of the funding requirements to achieve net zero...
On Tuesday, September 5, the United Arab Emirates pledged $4.5 billion to support clean energy projects in Africa. This was announced during the ongoing Africa Climate Summit in Kenya.
IEA has released its State of Clean Technology Manufacturing report, urging governments worldwide to expand their strategies beyond policy measures to strengthen clean energy technology manufacturing.
Hanneke Schuiling, reveals that Dutch companies and research institutes are keen to engage with Nigeria to support the solar energy sector.
Transitioning to clean energy offers cost-effectiveness, and energy independence, and aligns with global sustainability goals and government incentives.
The record income in the oil and gas sector was used to increase shareholder returns and pay down debt, with only a fraction of the free cash flow directed towards clean energy investments.
The International Energy Agency (IEA) says that over $1.7 trillion will be invested in clean energy in 2023.