[ad_1] In a nutshell: As nations set ever more ambitious targets for renewable energy and electrification, the humble high-voltage cable has emerged as a linchpin – and a potential chokepoint – in the race to decarbonize the global economy. A Bloomberg interview with Claes Westerlind, CEO of NKT, a leading cable manufacturer based in Denmark,…
Shorouk Express “We will have a presentation and first exchange of views among EU ambassadors (Coreper) still tonight,” said Ignacy Niemczycki, Polish Secretary of State for European Affairs, one of the top officials coordinating Warsaw’s six-month rotating presidency. “I am optimistic we can succeed.” Von der Leyen also said that a ban on imports of…
Shorouk Express Economy Materials 10 June 2025 12:23 (UTC +04:00) Photo: Kazakh Invest During the official visit of Timcho Mucunski, Minister of Foreign Affairs and Foreign Trade of the Republic of North Macedonia to Kazakhstan, a roundtable was held to enhance bilateral cooperation in investment, tourism, and technology. Representatives from government, business, and…
Shorouk Express Economy Materials 8 June 2025 19:40 (UTC +04:00) The European Union’s clean energy investment is projected to reach nearly $390 billion in 2025, ranking third globally, according to the International Energy Agency (IEA). Driven by the post-Ukraine war energy crisis, favorable policies, and declining renewable costs, Europe has dramatically shifted its…
Shorouk Express Oil&Gas Materials 6 June 2025 18:37 (UTC +04:00) Electrification remains a central pillar of the European Union’s climate strategy, with ambitious targets for heat pump installations across residential and commercial buildings. Countries such as France and Italy are seeing faster uptake compared to Germany and the UK. Access to paid…
Shorouk Express BAKU, Azerbaijan, June 4. Approximately 270 MW of small hydropower plants (SHPPs) are currently in operation in Azerbaijan’s liberated territories, First Deputy Vice President of Azerenerji Yusif Garayev said during the session titled “Electricity Generation and Grid Infrastructure Development: The Future of Energy Supply,” held as part of the 30th Anniversary Baku Energy…
Shorouk Express Transport Materials 3 June 2025 17:04 (UTC +04:00) Photo: The Council of Ministers of Bosnia and Herzegovina Bosnia and Herzegovina has secured significant international financial backing, including a €79.9 million IBRD loan for its Just Transition Project to repurpose coal regions for renewable energy, and a €6.5 million WBIF grant to…
Shorouk Express ASTANA, Kazakhstan, May 25. In Kazakhstan, the share of electricity generated from renewable energy sources (RES) exceeded 6 percent by the end of 2024, reaching 6.43 percent, Trend reports via the country’s Ministry of Energy. According to the information, this is almost double the figure from 2020, when the share of RES was…
Shorouk Express TASHKENT, Uzbekistan, May 19. Peter Karpaty, CEO of Hungarian company MVM EGI Zrt, welcomed the signing of the first agreement establishing a free economic zone for Hungarian companies in Uzbekistan, Trend reports. “I truly believe that I will do my best to be one of the first European companies to be part of…
Shorouk Express Economy Materials 15 May 2025 15:41 (UTC +04:00) Uzbekistan is turning the tide in its energy sector, reeling in big fish from abroad and raising the bar on its renewable energy goals. At a pivotal international gathering in Tashkent, the country’s energy minister laid all the cards on the table, showcasing…
