The Solar Show MENA 2023

Last year saw the passage of the Inflation Reduction Act (IRA) which brings together an estimated $370 billion in federal funding over the next ten years to facilitate clean energy transition in the US.

The annual conference of the WWEA WWEC2023, which had to be postponed due to conflicting events, will be held at Wrest Point in Hobart, Tasmania, Australia from 7 to 9 November 2023.

Corporate leaders face mounting pressure from investors, customers and regulators to decarbonise operations, assets and infrastructure. However, progress is slow; according to the Infrastructure Transition Monitor research, commissioned by Siemens and conducted by FT Longitude, only 30% of companies globally (out of 1,400 surveyed) reported significant advances in decarbonisation or electrification of core processes, and just 37% cited improvements in the energy efficiency of their buildings and facilities. Given that buildings alone contribute nearly 40% of energy-related carbon emissions, there is a large gap to be filled on the road to net zero. Economic crises and budget constraints, as well as a lack of standardisation and alignment on priorities, are challenging efforts to bring about swift and meaningful change. Innovation and collaboration are required to accelerate electrification and to ensure that infrastructure across grids, buildings and transportation is efficient and resilient enough to meet sustainable goals. This reception and panel on Accelerating the Transition to Sustainable Infrastructure, hosted by the Financial Times, in partnership with Siemens, will bring together leaders who are working to bridge gaps in decarbonisation. The discussion will consider the technologies, cooperation and alignment needed on the path to net zero to advance efficiency gains and speed up electrification across corporate and industrial infrastructure.

Energy storage systems are the key to the successful energy transition to full renewable energy supply and are more relevant today than ever before. They address numerous challenges of the energy transition at once: stabilise the electricity grids, support the shutdown of power plants, make regionally generated electricity available locally and compensate for fluctuations in renewable energy generation.