Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in 2025, create up to 3,000 jobs and complement the planned R&D centre that both companies announced in December as part of an investment of approximately SEK 30 billion. The new plant and close ties with […]

Global electricity demand increased by six per cent in 2021–the largest ever growth recorded in absolute terms and the highest since 2010. According to a report issued by autonomous intergovernmental organization, International Energy Agency, projections for electricity demand have come down to three to four per cent, which is similar to the expected annual growth […]

Dubai Electricity and Water Authority (DEWA) has confirmed that the current production capacity of Hassyan Power Complex reached 1,200 megawatts (MW), using the Independent Power Producer (IPP) model. A further 600 MW will be added in Q4 of 2022 and an additional 600 MW will be added by Q3 of 2023. This will raise capacity […]

Algbra, a leading company in the FinTech industry, has recently announced a milestone partnership with Mastercard, which includes joining the payment network’s Priceless Planet coalition. The announcement was made at Algbra: Decoded, an exclusive event hosted last week where the work of the FinTech over the past year was unveiled and where speakers included Lord […]

Guinea’s Ministry of Environment and Sustainable Development and the Malaysian Green Technology and Climate Change Corporation (MGTC) have signed a Memorandum of Understanding to cooperate in the development and promotion of renewable energy, waste management and green jobs. The cooperation was formed in line with Guinea’s pursuit for sustainable development by fully leveraging its vast […]