Author: Anela Dokso

Carbon markets are becoming an increasingly important source of climate finance for emerging economies, yet many developing regions continue to face significant institutional, regulatory, and technical barriers to participation.

Colombia’s Ecopetrol and Germany’s Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have signed an agreement to develop feasibility studies and engineering work for a pilot Power to Liquid (PtL) synthetic fuel facility in Cartagena.

The global green ammonia market is moving from early-stage pilot projects toward long-term commercial contracting, with Reliance Industries Limited (RIL) signing a 15 year supply and purchase agreement (SPA) with Samsung C&T Corporation valued at approximately $3 billion.

Google and Italian energy storage developer Energy Dome are advancing a 23 MW/200 MWh carbon dioxide battery project in County Offaly, Ireland, aimed at demonstrating how long duration energy storage (LDES) can support renewable heavy grids.

Energy developer NatPower and Tesla have signed an agreement to deploy 25 GWh of battery storage capacity across Italy and the United Kingdom, representing the first stage of a broader programme that could require up to $5 billion in investment.

A pilot project in Elche, Spain is testing whether agricultural and forestry waste can become a scalable feedstock for renewable hydrogen through thermochemical conversion.

Syntholene Energy’s completion of a geothermal integrated Solid Oxide Electrolyzer Cell (SOEC) demonstration facility in Húsavík, Iceland introduces a technical approach that seeks to partially decouple hydrogen production from full electrical dependence by integrating geothermal heat into the process.

Rising electricity demand in Texas is increasing the need for grid flexibility, with OCI Energy’s $130 million tax equity financing for the Alamo City Battery Energy Storage System highlighting the growing importance of large scale battery storage.

A recent agreement between the University of Sharjah and Lootah BioFuels aims to strengthen cooperation in renewable energy, scientific research, and circular economy development.

The global battery industry has spent years trying to reduce dependence on lithium, nickel, and cobalt, materials that remain central to today’s electric vehicle and energy storage markets but face supply chain, cost, and geopolitical pressures.