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  Sharjah / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, announced the provision of additional monthly grants as a gift to Sharjah citizens who have retired from federal entities and other institutions within the Emirates, to be deposited in their bank accounts beginning in January 2023, to ensure a decent …

  Bloomberg Solar equipment makers are in a fierce competition to cut wafer prices, providing some relief for China’s efforts to install a massive amount of renewable power and reach ambitious climate targets. Falling solar material prices have driven down costs along the supply chain in recent weeks, with silicon wafers seeing the largest discount. Top player Longi Green Energy …

Bloomberg Soaring heating and electricity bills are pushing Europeans to find hacks that will cut their energy use and reduce costs. Mats Johansson installed 30 solar panels with a production capacity of 13.5 kilowatts on his house in Halmstad, southwest Sweden earlier this year. The nation has some of the highest rates of energy consumption per capita in Europe — …

Bloomberg Britain’s wind farms generated a record amount of electricity this year as gusty weather and a growing fleet of turbines softened the impact of soaring natural gas prices. Wind power will be a critical factor in how well Europe manages an energy crisis that’s already cost more than $1 trillion. Higher wind speeds will ease the need to burn …

Bloomberg Africa has the potential to produce $1.06 trillion worth of green hydrogen a year by 2035, allowing it to export the fuel and boost local industry, according to a study backed by the European Investment Bank (EIB). By harnessing the world’s best solar energy resource a number of countries on the continent could produce the fuel, which is made …

  Bloomberg UK Chancellor of the Exchequer Jeremy Hunt delayed a decision on the support businesses will receive for their energy bills after March, sparking consternation from industry groups. While Hunt has extended assistance for domestic energy bills, he’s yet to say how much aid will be provided to companies after the current £18 billion ($22 billion) 6-month program ends. …

  Bloomberg Electricite de France SA (EDF) extended maintenance halts at two nuclear reactors by four months and warned it may have to carry out lengthy repairs at seven others next year, further straining European power supplies. The world’s largest nuclear fleet has suffered prolonged shutdowns this year that have left Europe even more reliant on natural gas at a time …

Bloomberg Germany’s first liquefied natural gas terminal is about to arrive on the country’s north coast, the first of several specialist tankers Berlin is counting on to ease its energy crisis. The Hoegh Esperanza, a floating storage and regasification unit, or FSRU, is scheduled to land at Wilhelmshaven on Saturday, according to the German Economy Ministry. The vessel, which converts …

  Bloomberg France and Spain said they will move ahead with a 2.5 billion euro ($2.6 billion) hydrogen pipeline, easing past tensions over an alternative link as they seek to boost their status as European energy suppliers. The project will connect Portugal and Spain with France to transport about 10% of the bloc’s green hydrogen demand by 2030. French President …

  Bloomberg India unveiled a 2.44 trillion rupee ($29.6 billion) plan to build transmission lines to connect renewable generation, as it aims to nearly triple its clean-power capacity by 2030. The project will connect solar plants in the sun-drenched deserts of Rajasthan and Gujarat and wind farms in Tamil Nadu to the national network, the power ministry said in a …