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Qatar invests $125M in energy storage company Fluence

Green Car Congress

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. future agreements.

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3 Oil Majors That Bet Big On Renewables

Green Car Congress

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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GECF: more than a quarter of 2050 natural gas supply untapped

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To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action. It is headquartered in Doha, Qatar.

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Borgward expanding to the Middle East; westwards from China

Green Car Congress

Borgward will systematically continue to globalize its activities by entering the markets of Middle Eastern countries such as Bahrain, Kuwait, Qatar, the United Arab Emirates (UAE), and Iran. In accordance with this roadmap, the company will expand westwards from China before entering the European market.

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Volkswagen and Qatar strengthen agreement

Green Cars News

As one of the hottest (figuratively and literally) emerging markets in the world, the Emirate of Qatar is garnering attention from some of the leading automakers as they bid to test new materials under challenging climatic conditions.

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