Iraq’s Energy Revolution: Phasing Out $4 Billion Iranian Gas Imports by 2028
In a bold move to reshape its energy landscape, Iraq has committed to ending its $4 billion annual reliance on…
Tag: Electricity generation
GM ends development of hydrogen fuel cells
GM Shifts Focus from Hydrogen Fuel Cells to Battery Technology General Motors has announced it will discontinue development of hydrogen…
EU Commits €11.5 Billion Investment in South Africa’s Green Energy and Infrastructure
The European Union has announced a massive €11.5 billion investment package for South Africa targeting clean energy transformation, infrastructure modernization, and pharmaceutical production. This strategic partnership aims to accelerate South Africa’s economic recovery while advancing continental healthcare security.
The European Union has committed to a transformative €11.5 billion ($13.3 billion) investment package in South Africa, targeting critical sectors including renewable energy infrastructure, power grid modernization, and pharmaceutical manufacturing capacity. This landmark announcement comes as Africa’s most industrialized economy seeks to revitalize growth and address persistent unemployment challenges.