#Renewable Energy

Red Sea International

Red Sea Global celebrates first flight to new airport

The airport, assigned the code RSI, witnessed the arrival of its first flight by Saudia Airlines.

EDB launches solar energy financing programme for SMEs

EDB launches solar energy financing programme for SMEs

The initiative will allocate Dhs100m to bolster the adoption of green energy solutions with a focus on solar energy initiatives

Mohammed bin Rashid witnesses signing of agreement between Masdar and DEWA Image DEWA

Masdar, DEWA ink deal to deliver 6th phase of world’s largest single-site solar park project

The sixth phase of the project, set to be operational in stages starting from Q4 2024, will power over half a million residences while reducing carbon emissions by 2.36 million tonnes annually

Renewable Power Cost is impact fossil fuel prices shows IRENA report Image IRENA

This power source saved $520bn in fuel costs globally in 2022, reveals report

Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity

Masdar green bond at London Stock Exchange

Masdar marks $750m green bond debut with market opening at London Stock Exchange: Watch

This bond is the first part of a programme to raise up to $3bn to meet Masdar’s equity funding commitments on new renewable energy projects

Image: Twitter/ G-20 India

G-20 energy ministers meet as extreme heat puts focus on energy transition

The G-20 energy ministers’ meet in Goa is intended to lay the ground for a leaders’ summit in September and offer an opportunity to reinvigorate sluggish energy diplomacy

Heat exchangers for the binary geothermal system at the Blundell Geothermal Plant in Utah. At left are the cooling towers of the single-flash unit at the plant and the main generating building. (photo by: Jon G. Fuller/VW Pics/ Universal Images Group via Getty Images)

Energy startup says it has achieved geothermal tech breakthrough

Geothermal power plants are carbon-free and can operate any time, making them a critical part of a 100 per cent carbon-free electric grid

Solar farms

Solar farms out at sea are clean energy’s next breakthrough

Ocean-based solar farms that can handle waves of up to four meters could be ready for commercial deployment within a year

Masdar and Iberdrola leaders discuss global renewable energy growth Image Masdar

Masdar, Iberdrola discuss bolstering renewable energy growth

Dr Sultan Al Jaber, Masdar chairman and COP28 President-Designate, has been meeting global leaders to build consensus toward solutions that can deliver an equitable energy transition


India’s PM Narendra Modi to visit UAE on July 15

The UAE is India’s third-largest trading partner and the two countries have a strong partnership in the field of energy security


Saudi Arabia, France sign MoU in energy

The energy cooperation framework aims to advance production of hydrogen and electricity using renewable sources

UAE updates energy strategy, to invest 54.5bn in renewables

UAE updates energy strategy, to invest $54.5bn in renewables

The strategy aims to triple the contribution of renewables to the country’s energy mix by 2030 to reduce the effects of climate change

Princeton Digital Group

Princeton Digital Group, Tata Power join forces for renewable energy supply to Indian data centre

The partnership aims to provide eco-friendly electricity to PDG’s data centre in Mumbai for a period of 25 years

COP28 preparatory talks

COP28: Dr Sultan Al Jaber meets Ursula von der Leyen for climate talks in Brussels

The two reaffirmed their commitment to facilitate the “highest possible ambition” for the COP28 climate conference scheduled to be held in Dubai


UAE, US explore investment opportunities with focus on clean tech startups

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade held one-on-one meetings with Austin-based startups, which are deploying technologies such as AI, blockchain and quantum computing

Big Beau project

Abu Dhabi’s Masdar acquires stake in Big Beau project, expands US presence

It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner in, with a combined capacity of 1.6 gigawatts

Renewable energy in Saudi Arabia and UAE

UAE, Saudi Arabia lead GCC renewable energy investments: S&P Global

The Gulf states are accelerating the decarbonisation of their energy sectors by investing heavily in renewable energy

Masdar Office Inaugration in Baku

Masdar opens office in Azerbaijan, aims to support country’s clean energy objectives

Masdar will work closely with the government and other stakeholders in Azerbaijan to accelerate the growth of its renewable energy sector

Blockchain solar

Top 5 benefits of investing in blockchain-based solar energy programmes

Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts

Masdar - SOCAR sign renewable energy agreements

UAE’s Masdar, Azerbaijan’s SOCAR to develop renewable energy projects

The agreements will help develop onshore wind and solar projects, and integrated offshore wind and green hydrogen projects, with a combined capacity of 4 gigawatts

UAE President receives Azerbaijan's head of state

UAE President receives Azerbaijan’s head of state

The president of Azerbaijan, Ilham Aliyev, is paying a working visit to the UAE

UAE's AMEA Power to build 120MW solar project in South Africa

UAE’s AMEA Power to build 120MW solar project in South Africa

The project will sell electricity to state utility, Eskom, under a 20-year power purchase agreement

Federal law approved regulating linkage of renewable energy to National Grid courtesy_WAM

UAE approves law regulating linkage of renewable energy production units to electrical grid

The law aims to achieve the UAE’s objectives in terms of diversifying renewable energy sources and optimally utilising natural resources

Funding for green-hydrogen plant at Saudi Arabia’s Neom almost done

Funding for green-hydrogen plant at Saudi Arabia’s Neom almost done

Construction of the $5bn plant in the north-west of the kingdom has started

renewable energy stocks pexels-pixabay-356036-800x526-1

What you need to know about investing in renewable energy stocks

Investing in green stocks can be a great way to protect your portfolio from market volatility

Ahmed Khashan, Schneider Electric

How Schneider Electric is transforming the renewable energy space

Gulf Business spoke to Ahmed Khashan, president, Gulf Countries of Schneider Electric on the company’s role in transforming the energy market both locally and globally

RAK Energy Summit

RAK Energy Summit concludes with focus on future of sustainable energy

RAK Energy Summit saw participation of UAE Ministry of Climate Change and Environment, IRENA, UN Industrial Development Organization

WETEX and Dubai Solar Show support UAE's Net Zero 2050 Strategy

WETEX and Dubai Solar Show begin, supports UAE’s Net Zero 2050 Strategy

The exhibition is an integrated platform for organisations in the water, energy and environment sectors to learn about the latest technologies, solutions and developments

Bahrain launches Solar PV tender - pexels-pixabay-356036

Bahrain ministry launches tender for 72 MW solar plant

The tender seeks to build solar panels in the Bahrain International Circuit, University of Bahrain, Bahrain International Exhibition & Convention Centre and Al Dana Amphitheatre

DEWA adds 700MW of energy production capacity, totalling 14,117 MW, with 1,627 MW from renewable energy

Dubai’s DEWA adds 700MW of energy production capacity

The clean energy share in Dubai’s energy mix has reached 11.5 per cent and is expected to reach 14 per cent by the end of 2022