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Qatar invests $125M in energy storage company Fluence

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Fluence, the global energy storage solutions joint venture between Siemens and AES, announced that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction.

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The energy transition in hot and arid countries is vital for global climate targets

Innovation News Network

Dr Gonzalo Castro de la Mata, Executive Director at the Earthna Center for a Sustainable Future at the Qatar Foundation, explains that the energy transition in hot and arid countries is a pressing matter if global net zero goals are to be met.

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Summary of decisions from Durban climate conference

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Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). Green Climate Fund.

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3 Oil Majors That Bet Big On Renewables

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BIT:ENI) recently unveiled what has been hailed as the most ambitious climate pledge yet by an oil supermajor. For instance, Total has lined up an 800 megawatt (MW) solar project in Qatar where it will own a 49% stake in the project when it is completed in 2021. Good case in point: Italian multinational oil and gas giant Eni S.p.A.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint.

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Airlines Present Climate Change Proposals at UN Forum; 50% Absolute Cut In Emissions by 2050 Compared to 2005

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The International Air Transport Association (IATA) presented its proposals for December’s climate change talks to the UN Secretary General’s Summit on Climate Change in New York. The forum took place in the run-up to the United Nations Framework Convention on Climate Change (UNFCCC) meeting in Copenhagen this December.

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Qatar University provides first update on R&D on sustainable aviation biofuels; scaling up production

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Qatar University (QU) provided the first public update on the progress of its work on developing sustainable alternative biofuels for aviation on the eve of the UN Climate Change Conference COP-18. The Peninsula. The university’s state-backed QR45.5-million million (US$12.5

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