COP 28, the 28th annual United Nations (UN) climate meeting that took place in Dubai, has delivered some progress towards addressing the climate crisis.

The global high-voltage (HV) switchgear market is forecast to reach $30.34 billion in 2027 from $25.02 billion in 2022, growing at a compound annual growth rate (CAGR) of 3.54% between 2023 and 2027, according to GlobalData, a specialist data and analytics company.

The hydrogen market has progressed rapidly in recent years due to its growing application in industries like the transport, industrial, energy, aerospace, defence, and construction sectors.

As the tech world gears up for the highly anticipated Mobile World Congress (MWC) 2023 Barcelona (MWC23 Barcelona), industry experts predict that this marquee event will set the stage for the telecoms industry in 2023. The focus will be on Environmental, Social, and Governance (ESG), 5G mobile, and Augmented Reality (AR), observes GlobalData, a leading data and analytics company.

Morocco currently aims to increase the share of renewables in its total power capacity to 52% by 2030, 70% by 2040 and 80% by 2050.

To achieve sustainable development goals (SDGs) of enterprises, bio-sourced, biocompatible and biodegradable advanced materials can be transformed into sustainable and user-friendly products across multiple industries including construction, healthcare, electronics and transportation.

In a world where climate change is increasingly influenced by industrial emissions, decarbonising the industrial sector becomes the immediate priority to phase out CO2 emissions from the use of fossil fuels.

Robotics are becoming increasingly essential to the oil and gas industry, as technological advancements increase the tasks they can undertake, according to GlobalData.

Kenya’s Renewable Energy Auctions Policy (REAP), launched in early 2021, is expected to expand Kenya’s renewable power capacity over the next decade, with GlobalData forecasting growth from 1.4GW in 2020 to 3.7GW in 2030.

Oil and gas contract activity remained relatively stable in Q3 2021, says GlobalData. According to the leading data and analytics company, the industry recorded a nominal 6% decrease in the number of contracts and a 2% decrease in disclosed contract value.

As the COP26 meeting in Glasgow gets underway, many countries are behind on their targets for increasing the share of renewables in power generation no matter their income levels, partly as a consequence from delaying mobilising at least $100bn in climate finance.

The Czech Republic has ambitious plans to phase out coal and transition to more renewable energy by 2030, however the country seems to have no clear roadmap to achieve this goal.

Naval fleet modernisation initiatives to drive global naval engines market through 2031