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NHA TRANG, VIETNAM – Media OutReach Newswire – 30 May 2024 – Vingroup and Mitsubishi Corporation have signed a Memorandum of Understanding (MoU) for comprehensive strategic cooperation. The partnership focuses on five key areas: urban development, data center development, renewable energy, used cooking oil recycling, and the automotive industry. Through this collaboration, both parties aim to achieve new milestones in business operations in Vietnam and internationally. Leaders […]

The United Arab Emirates (UAE) and the Republic of Korea (ROK) recently reaffirmed their commitment to a strengthened relationship, issuing a joint statement following a successful state visit by UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan to South Korea. The visit, which took place in late May 2024, built upon the momentum established during President Yoon Suk Yeol’s visit to the UAE in January […]

Three Eight Six Holdings Ltd. , a leading renewable energy developer in the Middle East and North Africa (MENA) region, has joined forces with B. Grimm Power PCL, a prominent Thailand-based electricity producer, in a strategic alliance designed to revolutionize the renewable energy landscape across the Gulf Cooperation Council (GCC) countries. This collaboration brings together Three Eight Six Holdings’ extensive expertise in developing and financing renewable energy […]

SINGAPORE – Media OutReach Newswire – 29 May 2024 – Shin Guan, a crane company in Singapore, is proud to announce the renewal of its ISO 9001 certification, reflecting their commitment to excellence as well as demonstrating their proactive approach towards sustainable business practices. Shin Guan announces the renewal of its ISO 9001 certification, reflecting their commitment to maintaining the highest standards of quality in the crane […]

Kuwait’s National Bank of Kuwait (NBK), the country’s leading financial institution, is poised to make a significant stride in the area of sustainable finance by issuing its first-ever green bond. This move highlights a growing trend in the region towards environmentally conscious investment opportunities. The issuance, anticipated for the coming months, reflects NBK’s commitment to aligning its operations with international sustainability objectives while capitalizing on the rising […]

Energy industry leaders from around the world have converged in Abu Dhabi for a crucial conference focused on oil and gas pipeline technologies. The conference, which kicked off this week, serves as a platform for industry experts to delve into the latest advancements in pipeline infrastructure, operational efficiency, and sustainability practices. The gathering in Abu Dhabi comes at a time when the global energy sector is navigating […]

Finland is poised to become a leader in clean energy solutions thanks to a significant investment by VTT Technical Research Centre of Finland and the European Union. Fueled by a €22. 8 million grant, VTT has launched a multi-pronged attack on clean energy challenges, focusing on research areas critical to reducing emissions and developing a sustainable future. A core initiative centers on electricity storage and accelerating clean […]

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A joint venture led by Oman’s ARA Petroleum has been awarded a 25-year development license for the Ntorya Gas Field, the largest onshore gas reserve in Tanzania. The announcement, made by ARA Petroleum on behalf of the Ruvuma joint venture (Ruvuma JV), marks a significant step towards bolstering Tanzania’s domestic gas supplies. ARA Petroleum, a subsidiary of Oman’s Zubair Corporation, established the Ruvuma JV in 2014. The […]

Saudi Arabia, the world’s largest oil exporter, is witnessing a turning point in its energy sector. The kingdom recently signed agreements for a record-setting 1. 1 gigawatts (GW) of wind power capacity, marking a significant stride towards its ambitious target of awarding 20 GW of renewable energy projects this year. This surge in renewable energy is directly contributing to a decrease in the country’s reliance on burning […]

In a move that underscores the growing economic ties between the United Arab Emirates (UAE) and the United States, Abdullah bin Touq Al Marri, the UAE’s Minister of Economy, met with New York City Mayor Eric Adams on the sidelines of an official visit to the U. S. The central theme of the discussion revolved around fostering stronger economic collaboration across various sectors of mutual interest. The […]

Debuted in Beijing, China in 2014, Formula E will race in Shanghai for the first time Committed to doing more for the environment, Formula E and DHL will use sustainable aviation fuel for all freight from Berlin race to Shanghai race, reducing carbon emissions by at least 80%, compared to kerosene DHL has been delivering logistical support to Formula E since its inception and is celebrating Formula […]

The United Arab Emirates (UAE) and Saudi Arabia emerged as the frontrunners in the Middle East and North Africa (MENA) region for issuing green bonds in 2023, collectively accounting for over $15. 4 billion, according to market reports. This surge in green bond issuance reflects a growing commitment from these countries to sustainable development and environmental initiatives. The UAE played a pioneering role, with Dubai issuing its […]

Dubai-based clean energy company Alcazar Energy has secured a significant investment of $490 million for its second renewable energy fund. This fund, known as Alcazar Energy Partners II, represents more than double the amount raised by its predecessor in 2021. The funding will significantly accelerate Alcazar’s development of utility-scale renewable energy projects in emerging markets. The fund’s closing was bolstered by the participation of the US International […]

In a ceremony today, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, awarded the First Class Order of Zayed II to various international dignitaries. These awards acknowledged their significant contributions to the fruitful outcome of the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC). COP28, hosted by the UAE in Abu Dhabi earlier […]

LAS VEGAS, USA – Media OutReach Newswire – 22 May 2024 – On May 20th, U POWER Tech, a smart electric vehicle (EV) technology company, made its debut at the Advanced Clean Transportation (ACT) Expo in the United States, announcing a collaboration with VIZEON, an electric vehicle distributor, to expand into North America, with the focus on Mexico and Latin American markets. The ACT Expo is North […]

Expanding global portfolio of EV Centers of Excellence by the Group SHANGHAI, CHINA – Media OutReach Newswire – 22 May 2024 – DHL, the leading global brand in the logistics sector, has opened its latest electric vehicle (EV) Center of Excellence in Shanghai, China to support EV companies and its related sectors to grow their presence locally and globally. This marks the Group’s first EV Center of […]

German-Austrian industrial group Obrist Group has unveiled plans for giant solar parks, called Gigaplants, designed to produce green methanol, a potential game-changer in the fight against climate change. Unlike traditional solar parks that generate electricity, Gigaplants capture atmospheric carbon dioxide (CO2) and convert it into clean-burning methanol through a process called Direct Air Capture (DAC). According to Obrist Group CEO Frank Obrist, each Gigaplant can remove a […]

Sungrow, a leading name in solar inverter and energy storage systems, has secured a significant partnership to propel Saudi Arabia’s ambitious Vision 2030 plan. The company will supply a massive 160MW/760MWh energy storage system, along with 165MW of PV inverters, for AMAALA, a prestigious new destination within the kingdom. This strategic collaboration with Larsen & Toubro marks a turning point for sustainable energy development in the region. […]

African nations, alongside global investors and industry leaders, have signed the Africa-Paris Declaration on Energy Transition, Climate Justice and Energy Poverty. This landmark agreement signifies a united push for sustainable energy development across the continent. The declaration underscores a crucial balancing act:propelling economic growth while safeguarding the environment. It recognizes Africa’s right to harness its abundant natural resources, including vast oil and gas reserves, responsibly. However, the […]

Hesham El Shamy 140 billion cubic metres – that’s how much natural gas is flared annually, impacting human health, accelerating climate change, and releasing carbon dioxide, methane and black soot. The practice of flaring is a significant economic and environmental problem that the Net Zero Emissions by 2050 (NZE) aims to eradicate by 2030 by removing non-emergency flaring. It is an ambitious goal, but one that’s sorely needed as it […]

HONG KONG SAR – Media OutReach Newswire – 21 May 2024 – The lifting of pandemic travel restrictions has driven a surge of Hong Kongers visiting mainland China for consumption, with dental services becoming a popular spending category. The dental clinic opened in Shenzhen by Dr. Philip Fan, J.P. (范榮彰博士), the former Chairman of the Board of Directors, Tung Wah Group of Hospitals and the founder of […]

The Takatuf program, a community initiative focused on social volunteerism, is seeking enthusiastic individuals to join its ranks. Designed to empower communities and foster a spirit of civic engagement, Takatuf offers a diverse range of volunteer opportunities that cater to a variety of interests and skillsets. Whether you’re passionate about education and mentoring or possess a knack for organizing events and social gatherings, the Takatuf program has […]

SINGAPORE – Media OutReach Newswire – 20 May 2024 – REDEX will be an exclusive partner to TNBX to support the development of the Malaysia Green Attribute Trading System (mGATS) into the country’s preeminent digital trading platform for Malaysia Renewable Energy Certificates (mREC). The upgraded platform will provide a new avenue for businesses to conveniently pursue their renewable energy commitments and accelerate the nation’s pursuit of a […]

Researchers at the Department of Energy’s Oak Ridge National Laboratory (ORNL) are pioneering a revolutionary battery technology that tackles climate change with a double-barreled approach. These novel “carbon-capture batteries” not only store renewable energy but also go a step further by simultaneously capturing harmful carbon dioxide (CO2) emissions. The technology functions similarly to conventional rechargeable batteries. It can store excess electricity generated by solar panels or wind […]

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