International Renewable Energy Agency

Infinity Power Finalizes Acquisition of Lekela Power in Africa's Biggest Renewable Energy Deal

Retrieved on: 
Lundi, mars 20, 2023
COP28, AFC, Eddie O'Connor (businessman), Reconstruction, Energy, Infinity Power Chutes, Ernst & Young, Electricity, Africa Finance Corporation, ABU, International Renewable Energy Agency, MCB, Carbon, Wind, EBRD, Infinity Group, European Bank for Reconstruction and Development, Acquisition, AFRY, COP27, IRENA, Economic development, Solar energy, Ministry of Industry and Advanced Technology (United Arab Emirates), Growth, Climate, Ecosystem, European Central Bank, CO2, Renewable energy, Lekela Power, African, Masdar, Infinity

Infinity Power has acquired 100% shareholding of Lekela Power, an Africa based wind power platform

Key Points: 
  • Infinity Power has acquired 100% shareholding of Lekela Power, an Africa based wind power platform
    Infinity Power is joint venture between Egypt's Infinity and the UAE's Masdar, one of the world's fastest-growing clean energy companies
    ABU DHABI, UAE, March 20, 2023 /PRNewswire/ -- Infinity Power, a joint venture between Egypt's Infinity and UAE's Masdar, announced today it has completed the acquisition of the entire shareholding of Lekela Power.
  • Nayer Fouad, CEO, Infinity Power, said, "We are very pleased to welcome Lekela Power into the Infinity Power family and look forward to building this next chapter together.
  • Mohamed Jameel Al Ramahi, CEO, Masdar, said, "This landmark acquisition of Lekela Power will position our Infinity Power joint venture as the market leader in Africa, and is also recognition of the continent's tremendous renewable energy potential.
  • Infinity Power was established in 2020 to develop utility-scale and distributed solar energy and wind power projects in Africa.

Global Wind Turbines Markets, Technologies, and Applications Report 2023-2027 Featuring Leading Players - Vestas Wind Systems, Siemens Gamesa, GE, Ming Yang Smart Energy, Envision, and Nordex

Retrieved on: 
Vendredi, mars 10, 2023
Application, Table, Wind, Vestas, Nordex, Siemens Gamesa, International Renewable Energy Agency, General Electric, Watt, Electricity, Government, History, Growth, Investment, IRENA, GW, COVID-19, Renewable energy

DUBLIN, March 10, 2023 /PRNewswire/ -- The "Wind Turbines: Technologies, Applications and Global Markets" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 10, 2023 /PRNewswire/ -- The "Wind Turbines: Technologies, Applications and Global Markets" report has been added to ResearchAndMarkets.com's offering.
  • The market for wind turbines is continuously growing due to the growing demand for clean energy sources for generating electrical power.
  • Governments are also encouraging private investors and stakeholders to develop wind energy by providing more tax benefits and statutory support.
  • Also, the report includes a patent analysis for the wind turbines market, which represents a significant investment area for investors.

Arctech Empowers the Energy Independence of Lithuania

Retrieved on: 
Jeudi, février 9, 2023
International Renewable Energy Agency, Enel, EDF, Electricity, Wind, SkyLine (Frankfurt), Carbon, Weather, CO2, Walt Solek, Baltic, Russia in the European energy sector, BIPV, Renewable energy, Arctech Helsinki Shipyard, Puertollano

The project is located in Kretinga, Lithuania, where is one of the solar hubs in the country.

Key Points: 
  • The project is located in Kretinga, Lithuania, where is one of the solar hubs in the country.
  • According to the International Renewable Energy Agency, the Baltic nation had 148 MW of installed solar power at the end of 2020.
  • A plan for energy independence by 2050 foresees the large-scale deployment of renewable energy resources.
  • Since entering the European market in 2013, Arctech has strengthened its customer base through solid service and upfront technological innovation.

Arctech Empowers the Energy Independence of Lithuania

Retrieved on: 
Jeudi, février 9, 2023
International Renewable Energy Agency, Enel, EDF, Electricity, Wind, SkyLine (Frankfurt), Carbon, Weather, CO2, Walt Solek, Baltic, Russia in the European energy sector, Multimedia, BIPV, Renewable energy, Arctech Helsinki Shipyard, Puertollano

The project is located in Kretinga, Lithuania, where is one of the solar hubs in the country.

Key Points: 
  • The project is located in Kretinga, Lithuania, where is one of the solar hubs in the country.
  • According to the International Renewable Energy Agency, the Baltic nation had 148 MW of installed solar power at the end of 2020.
  • A plan for energy independence by 2050 foresees the large-scale deployment of renewable energy resources.
  • Since entering the European market in 2013, Arctech has strengthened its customer base through solid service and upfront technological innovation.

Researchers from University of Birmingham, U.K., show novel adaptation for existing furnaces could reduce steelmaking emissions by 90%

Retrieved on: 
Mardi, janvier 24, 2023
Multimedia, University, Journal of Cleaner Production, Distillation, School, Iron, University of Birmingham, International Renewable Energy Agency, Temperature, CO, NOx, Coke, Environment, Chemical engineering, Geography, CO2, Fed, Plant, Research, Oxygen, Coal, Patent, Nitrogen, Risk, Atmosphere, Journal, Mentorship, Steel, Carbon, Electricity, Recycling, Carbon dioxide, IRENA, Blast furnace, Aalto University School of Chemical Engineering, Steel mill, N2

BIRMINGHAM, England, Jan. 24, 2023 /PRNewswire/ -- Researchers from the University of Birmingham , U.K., have designed a novel adaptation for existing iron and steel furnaces that could reduce carbon dioxide (CO2) emissions from the steelmaking industry by nearly 90%.

Key Points: 
  • BIRMINGHAM, England, Jan. 24, 2023 /PRNewswire/ -- Researchers from the University of Birmingham , U.K., have designed a novel adaptation for existing iron and steel furnaces that could reduce carbon dioxide (CO2) emissions from the steelmaking industry by nearly 90%.
  • Professor Ding said: "Current proposals for decarbonising the steel sector rely on phasing out existing plants and introducing electric arc furnaces powered by renewable electricity.
  • Iron and steelmaking is the biggest emitter of CO2 of all foundation industrial sectors, accounting for 9% of global emissions.
  • University of Birmingham Enterprise helps researchers turn their ideas into new services, products and enterprises that meet real-world needs.

Researchers from University of Birmingham, U.K., show novel adaptation for existing furnaces could reduce steelmaking emissions by 90%

Retrieved on: 
Mardi, janvier 24, 2023
University, Journal of Cleaner Production, Distillation, School, Iron, University of Birmingham, International Renewable Energy Agency, Temperature, CO, NOx, Coke, Environment, Chemical engineering, Geography, CO2, Fed, Plant, Research, Oxygen, Coal, Patent, Nitrogen, Risk, Atmosphere, Journal, Mentorship, Steel, Carbon, Electricity, Recycling, Carbon dioxide, IRENA, Blast furnace, Aalto University School of Chemical Engineering, Steel mill, N2

BIRMINGHAM, England, Jan. 24, 2023 /PRNewswire/ -- Researchers from the University of Birmingham , U.K., have designed a novel adaptation for existing iron and steel furnaces that could reduce carbon dioxide (CO2) emissions from the steelmaking industry by nearly 90%.

Key Points: 
  • BIRMINGHAM, England, Jan. 24, 2023 /PRNewswire/ -- Researchers from the University of Birmingham , U.K., have designed a novel adaptation for existing iron and steel furnaces that could reduce carbon dioxide (CO2) emissions from the steelmaking industry by nearly 90%.
  • Professor Ding said: "Current proposals for decarbonising the steel sector rely on phasing out existing plants and introducing electric arc furnaces powered by renewable electricity.
  • Iron and steelmaking is the biggest emitter of CO2 of all foundation industrial sectors, accounting for 9% of global emissions.
  • University of Birmingham Enterprise helps researchers turn their ideas into new services, products and enterprises that meet real-world needs.

Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa's Clean Energy Objectives

Retrieved on: 
Vendredi, janvier 20, 2023
Ministry of Energy and Mineral Development (Uganda), TANESCO, Government, Energy and Water Development and Related Agencies Appropriations Act, 2014, Ministry of Energy, Infinity Power Chutes, Water, GW, International Renewable Energy Agency, ZESCO, Traction, COP28, Economic development, Partnership, IRENA, Wind, Ministry of Energy and Water, Republic, Foreign Affairs, State, Revolutionary Government of Angola in Exile, Growth, Watt, Ministry, McKinsey & Company, Multilateralism, HE, TW, Ministry of Industry and Advanced Technology (United Arab Emirates), Ministry of Foreign Affairs and East African Cooperation, Angolan, Abu Dhabi, Etihad Airways, Electricity, Farm, Global North and Global South, Renewable energy, African, Masdar

These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.

Key Points: 
  • These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.
  • The agreements signed under the Etihad 7 umbrella at ADSW 2023 are:
    An agreement with Angola's Ministry of Energy and Water for the development of renewable energy projects with a total capacity of 2 GW.
  • An agreement with Uganda's Ministry of Energy and Mineral Development for the development of greenfield renewable projects with a total installed capacity of 1 GW.
  • With Africa's massive projected development and growth and low current clean energy penetration levels, we see enormous potential for the renewable energy sector across the continent.

Masdar to Develop 5 GW of Renewable Energy Projects to Advance Africa's Clean Energy Objectives

Retrieved on: 
Vendredi, janvier 20, 2023
Ministry of Energy and Mineral Development (Uganda), TANESCO, Government, Energy and Water Development and Related Agencies Appropriations Act, 2014, Ministry of Energy, Infinity Power Chutes, Water, GW, International Renewable Energy Agency, ZESCO, Traction, COP28, Economic development, Partnership, IRENA, Wind, Ministry of Energy and Water, Republic, Foreign Affairs, State, Revolutionary Government of Angola in Exile, Growth, Watt, Ministry, McKinsey & Company, Multilateralism, HE, TW, Ministry of Industry and Advanced Technology (United Arab Emirates), Ministry of Foreign Affairs and East African Cooperation, Angolan, Abu Dhabi, Etihad Airways, Electricity, Farm, Global North and Global South, Renewable energy, African, Masdar

These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.

Key Points: 
  • These landmark agreements, which aim to deliver up to 5 GW of energy to Angola, Uganda, and Zambia, follow last year's signing of a 2 GW agreement for renewable energy projects in Tanzania.
  • The agreements signed under the Etihad 7 umbrella at ADSW 2023 are:
    An agreement with Angola's Ministry of Energy and Water for the development of renewable energy projects with a total capacity of 2 GW.
  • An agreement with Uganda's Ministry of Energy and Mineral Development for the development of greenfield renewable projects with a total installed capacity of 1 GW.
  • With Africa's massive projected development and growth and low current clean energy penetration levels, we see enormous potential for the renewable energy sector across the continent.

Insilico Medicine Opens Largest AI-Powered Biotechnology Research Center in the Middle East

Retrieved on: 
Mercredi, février 1, 2023
IRENA, International Renewable Energy Agency, AI, Research, International Year of Sustainable Tourism for Development, Biotechnology, Ecosystem, Insilico Medicine, R, Longevity, Government, Abu Dhabi Investment Office, Abu Dhabi Investment Council, Ministry of Investment and International Cooperation, Artificial intelligence, Sustainability, Danto Engineering Development Center, Intelligence, Drug discovery, Clinical trial, Chemistry, Pharma, Ageing, Digital economy, Organization, HQ, Medical device, Management, Pharmaceutical industry, In silico

Abu Dhabi, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Insilico Medicine ("Insilico"), a clinical-stage artificial intelligence (AI)-driven drug discovery company, is announcing today the opening of the Insilico Medicine Generative Artificial Intelligence and Quantum Computing Research and Development Center in Abu Dhabi, the region’s largest AI-powered biotechnology research center.

Key Points: 
  • Abu Dhabi, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Insilico Medicine ("Insilico"), a clinical-stage artificial intelligence (AI)-driven drug discovery company, is announcing today the opening of the Insilico Medicine Generative Artificial Intelligence and Quantum Computing Research and Development Center in Abu Dhabi, the region’s largest AI-powered biotechnology research center.
  • Omar Al Olama, the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, Alex Zhavoronkov, Ph.D., Founder and CEO of Insilico, and Alex Aliper, Ph.D., President of Insilico.
  • “We’re excited about this milestone for Insilico Medicine — particularly given it is taking place during the Year of Sustainability.
  • Now, we would like to extend our global infrastructure to the Middle East,” said Alex Zhavoronkov, Ph.D., founder and CEO of Insilico Medicine.

Masdar Signs Agreement to Explore Exporting Green Hydrogen from Abu Dhabi to Europe

Retrieved on: 
Vendredi, janvier 13, 2023
Port of Amsterdam, Business development, Foreign Affairs, PWC, Wind, International Renewable Energy Agency, Oxygen, Aviation, Hydrogen, Memorandum of understanding, Evos, SAF, Partnership, ABU, Water, Zenith, US, PricewaterhouseCoopers, Electrolysis, Organic anion transporter 1, Machine, Jet fuel, Renewable energy, Masdar

The UAE aims to play a central role in the emerging green hydrogen economy and this partnership with the Port of Amsterdam and associated players in the green hydrogen space would help position Abu Dhabi as a key hub for green hydrogen development."

Key Points: 
  • The UAE aims to play a central role in the emerging green hydrogen economy and this partnership with the Port of Amsterdam and associated players in the green hydrogen space would help position Abu Dhabi as a key hub for green hydrogen development."
  • Wopke Hoekstra, Minister of Foreign Affairs for the Netherlands, said, ""The Netherlands is keen on developing green hydrogen corridors with major future exporting countries like the UAE.
  • Together, the parties will explore several hydrogen transportation methods, with a focus on liquid organic hydrogen carriers and liquid hydrogen.
  • Green hydrogen is produced with green electricity from renewables like wind or solar, in a process that separates water into oxygen and hydrogen via electrolysis.