Renewable energy

A growing alliance of over 80 countries wants COP30 to launch a binding global roadmap to shift away from oil, gas and coal, intensifying geopolitical tensions with major fossil fuel producers.

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.