greenworld
Energy
EU 2040 Renewables Target: Spain, Portugal and Luxembourg Press Brussels to Act
Ahead of the EU energy ministers' meeting in Dublin, Madrid, Lisbon and Luxembourg want a renewables-specific 2040 goal, as the bloc weighs a broader 'clean energy' framework that includes nuclear.
Low Carbon
EU carbon market: Italy and Czechia push to delay ETS2 ahead of October summit
Italy and Czechia want to postpone extending the carbon market to heating and transport fuels. Spain, Portugal and Luxembourg call for a 2040 renewables target. The October summit looks set to be tense.
Energy
Saudi Arabia Bets $1.16 Billion on Battery Storage, ENGIE Wins a Project
Four battery storage megaprojects are set to rise in Saudi Arabia, with a combined capacity of 8,000 MWh. ENGIE is among the winners, alongside a consortium of Saudi Energy, ACWA Power, and Al Sharif Contracting.
Low Carbon
Europe’s Clean Industrial Deal Leaves a €400 Billion Private Financing Gap
Public funds are largely accounted for through 2026. What happens after depends on whether Brussels can finally unlock private capital at scale — from venture funding to household savings.
Energy
Saudi Arabia: IEG Arabia to Stage Fire & Safety and Health & Wellness Expos at 2026 World Firefighters Games
IEG Arabia will stage the Fire & Safety Expo and the Health & Wellness Expo at Dhahran Expo from 6 to 8 November 2026, alongside the 2026 World Firefighters Games, reinforcing Saudi Arabia's Vision 2030 exhibition and wellness ambitions.
Energy
Siemens Energy Rebrands as Omterra, Severing Ties with Siemens AG
Siemens Energy and its wind-turbine unit Siemens Gamesa will be unified under the new Omterra brand, ending a licensing arrangement with Siemens AG worth roughly €300 million a year and completing a five-year separation process.
Energy
EBRD, EIB and EU Back Tunisia’s 100 MW Solar Plant in Sidi Bouzid with €61.3M Loan
The Sidi Bouzid solar plant is forecast to generate 252 GWh of clean electricity annually and avoid an average of 107,000 tonnes of CO₂ per year over its lifetime. The EU is contributing €5.5 million in grants for transmission infrastructure as part of a broader €35.8 million Global Gateway renewable energy package for Tunisia.
Energy
Clean Energy Investment Hit USD 2.3 Trillion in 2025 — But the WEF Says It Is No Longer Enough
The ETI 2026 exposes a structural disconnect: record investment volumes are not translating into proportional transition progress. Only 25% of countries advanced across all three ETI pillars simultaneously. Geopolitical shocks — including Hormuz disruptions — are eroding the foundations that green capital depends on to deliver returns.
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