85pc of issuers and investors in the Middle East to reallocate capital towards green financing goals by 2025.

Clean energy technologies still depend on natural resource extraction, so the ongoing energy transition is better conceptualized as a shift toward the extraction of different resources, rather than the extraction of fewer.

RusHydro Group (hereinafter referred to as the “Group”, ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces its condensed consolidated interim unaudited financial information prepared in accordance with International Financial Reporting Standards (IFRS) for the 3rd quarter and 9 months of 2020.

A total of €18.3 billion will be invested during the new five-year plan. Low-carbon spending will reach €5.5 billion between 2021 and 2025 – 30% of the total – which will be accompanied by a continued international expansion.

“The global energy market is changing, humanity needs new, efficient, more environmentally friendly energy sources not as a replacement, but as an alternative to traditional hydrocarbons. And hydrogen will definitely occupy its niche in the energy of the future,” said TPU.

The Italian energy group Enel has announced plans to invest €190bn in the 2021-2030 period

The idea of using ammonia as a carrier for hydrogen delivery has gained traction in recent years because ammonia is much easier to liquify than hydrogen and is therefore much easier to store and transport.

US investment into wind and solar energy will total $55 billion in 2020

In April, Turkey's power production from local and renewable sources was at the level of 80%, Dönmez said, adding that these numbers indicate records on a monthly basis since 2000.

With its sunny plains, windy hillsides and gas infrastructure, Spain is keen to lead production of hydrogen using renewable resources, a process seen as key to meeting carbon emissions targets provided costs can be brought down.

Canada targeted an 80% reduction in GHG emissions by 2050 compared to 2005 levels.

Hyundai Motor Company and INEOS today announced the signing of a memorandum of understanding to explore new opportunities to accelerate the global hydrogen economy.

These objectives will require a total investment of close to EUR 800 billion (USD 949.5bn) between now and mid-century, the commission estimates.

Driven by global climate and carbon reduction goals, the offshore wind industry is expected to reach 234 GW by 2030,

China had slashed the subsidy in 2020 from the previous year by around 30%