Renewable energy

Emissions hit 55 Gt CO₂e (2023), up 1.7% year-on-year. Only 17.7% of net-zero pledges are legally binding. With USD 328 bn in climate damages and 16,000 deaths in 2024, the OECD urges stronger, faster, and fairer global climate action.

This substantial US $40M equity injection reinforces Infinity Power's role as a leading force in African renewables. The investment will accelerate the deployment of approximately 3 GW of solar and wind capacity, enhancing energy access, security, and economic development across key African markets.

Ecomondo 2025 positions itself as a laboratory for circular innovation, uniting 40 start-ups, global researchers, and companies to accelerate the ecological transition and celebrate the most advanced technologies for sustainability.

Microsoft's $6.2 billion deal with Nscale and Aker secures a groundbreaking AI data infrastructure in Norway. This partnership, built on a joint venture, aims to deploy 100,000 NVIDIA GPUs by 2026, meeting the surging demand for energy-efficient AI.

The EBRD's US$ 100 million investment in DenizBank's green bond will channel funds into eligible green projects across Türkiye. The transaction is a key step towards deepening the country's capital markets and fostering the growth of sustainable finance initiatives.

KEY 2026, IEG’s flagship expo, returns to Rimini from 4–6 March with a full Expo Centre layout, seven thematic sectors, and a global outlook covering Europe, Africa, Turkey, and the Balkans to accelerate the energy transition.

The EU aims for a 90% emissions cut by 2040. This critical target demands concrete annual renewable energy build-out volumes, especially wind, for 2031-40. Without clear deployment pathways and robust action on permitting, grids, and electrification, the 2040 goal risks remaining an academic exercise, hindering energy security and competitiveness.

The 2025 Energy Transition Index (ETI) marks an accelerating global energy transition, with scores increasing by 1.1% year-on-year. Despite this progress, challenges loom, including record 37.8 billion tonnes of CO2 emissions and a $2.2 trillion annual clean energy investment gap, impacting readiness and security.