Taaleri’s international SolarWind III Fund concludes its first closing, totaling EUR 286 million

The Taaleri SolarWind III Fund, which marks Taaleri Energia’s sixth renewable energy fund is classified as a “dark green” fund and exclusively invests in sustainable projects that make a substantial contribution to climate change mitigation. Furthermore, the fund places significant emphasis on reporting the sustainability impact of its investments. Key investors participating in the first […]

Fluor and Carbfix join forces to tackle carbon capture and storage solutions 

Fluor Corporation has announced a memorandum of understanding (MOU) with Carbfix, a leading carbon dioxide (CO2) mineral storage operator. This collaboration aims to develop integrated carbon capture and storage (CCS) solutions, with the goal of mitigating the effects of climate change and decarbonising industries with high greenhouse gas emissions, such as steel, aluminium, and cement. […]

Kuwait to deploy significant investment in country’s energy sector

COP

Kuwait will invest more than $300 billion in the energy sector by 2040. Kuwait’s oil minister Saad Al Barrak said that Kuwait aims to increase its oil production capacity to 3.2 million barrels per day by the end of 2024. Al Barrak emphasised Kuwait’s positive role in supporting OPEC (Organisation of the Petroleum Exporting Countries) […]