#ParisAgreement

Scatec partners with EEHC and AfDB for Egypt project.

Scatec is actively participating in COP28, emphasizing renewable energy as a critical climate change solution. During the conference, Scatec signed a cooperation agreement for a 1 GW solar and 200 MWh battery storage project with the Egyptian Electricity Holding Company, supported by the African Development Bank Group. The company highlights hybrid plants’ significance in addressing…

Wood Mackenzie’s report explains the requirements for COP28

The 2022 State of Climate Action report emphasises the importance of COP28 in addressing climate change. Wood Mackenzie’s outlook indicates a concerning 2.5°C warming trajectory by 2100, and the first global stocktake shows no signatory meeting emission targets. COP28 aims to address the financing gap for mitigation in developing nations, refine carbon credit market rules,…