The deal was signed on the sidelines of the COP27 climate conference in Sharm El Sheikh.
The wealthy Gulf OPEC member has announced plans for new projects, which will generate electricity through renewable energy.
The last two months have seen a surge in ‘prosumers’ in Romania as the energy crunch sways the government into financing solar panel use.
European Commission President Ursula von der Leyen says the bloc needs to be prepared for a complete cut-off of Russian gas supply amid political stand-off with Russia over the Ukraine conflict.
Extreme weather conditions and an ageing power grid, which needs immediate upgrades, are behind power interruptions across the US.
Renewable energy sectors — particularly solar and wind — will play an important role in diversification.
Fresh data from the World Health Organization showed that every corner of the globe is dealing with air pollution, although the problem is much worse in poorer countries.
The phase-out of an energy deemed clean and cheap by some is an irreversible step for Europe's biggest economy even as it faces ambitious climate targets and rising power prices.
The North African country has an ambitious plan to supply 52 percent of its total power generation from renewable energy sources by 2030.
The IEA said that renewables such as wind and solar energy continued to grow rapidly but the global transition to clean energy is still far too slow to meet climate pledges.
China and India have been facing a serious energy crunch as the economies of the two Asian nations struggle to recover from the crisis posed by the coronavirus pandemic.
As climate crisis threats multiply, the leaders of top polluting countries gathered for an international climate summit but some still failed to pledge to ramp up their goals to reduce carbon emissions and slow global warming.
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