#Renewable Energy

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

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

Saudi company Afanar to invest in Egypt-GettyImages-1080377280

Saudi Arabia’s Alfanar Global Development to invest SAR2bn in Egypt

The agreements – focused on tech for renewable energy, IT, digital solutions and cybersecurity – were signed on the sidelines of Saudi Crown Prince Mohammed bin Salman’s visit to Egypt

W Solar Libya mou investment in renewable energy sector

Abu Dhabi’s W Solar to invest in Libya’s renewable energy sector

The Alpha Dhabi subsidiary will build solar photovoltaic power generation plants in Libya and sell the net delivered energy to the Libyan government

Saudi wealth fund weighs stake in Thyssenkrupp’s hydrogen unit

Deliberations are ongoing, and there’s no guarantee PIF will proceed with an investment

UAE’s Masdar, Kyrgyzstan sign MoU to explore renewable energy opportunities

Kyrgyzstan is targeting reducing greenhouse gas emissions by as much as 44 per cent by 2030

Saudi Arabia-based Nadec’s solar park now operational

The solar photovoltaic park, developed by Nadec and French energy company Engie, is estimated to lower carbon emissions by 53 million kg per year

Getty Images

Amazon leads corporate clean-energy purchases in record year

Amazon accounted for 20 per cent of a record 31.1 gigawatts of clean power capacity bought by corporations in 2021

Abu Dhabi’s Masdar to explore renewable energy export from Indonesia to Singapore

Singapore is looking to import as much as 4 GW of low-carbon electricity by 2035

UAE launches Etihad 7 programme to fund renewable energy projects in Africa

The programme aims to supply clean electricity to 100 million people by 2035

Mohammed bin Rashid Al Maktoum Solar Park

Production in Dubai’s Mohammed bin Rashid Al Maktoum Solar Park increases to 330MW

The clean energy share is currently 11.38 per cent of Dubai’s energy mix, and will reach 13.3 per cent in Q1 2022

DEWA CEO discusses cooperation in renewable energy with Spanish Ambassador

The Spanish delegation expressed interest in participating in DEWA’s projects in clean and renewable energy and water

Reliance pulls plan to sell oil-to-chemicals stake to Aramco

Reliance and Aramco had signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake in Reliance’s oil-to-chemicals unit

UAE net zero carbon

UAE reveals Net Zero 2050 Strategic Initiative

The UAE will spend over Dhs600bn on renewable energy until 2050

Dumat Al Jandal wind farm

Trials successful on Saudi Arabia’s first wind farm; connected to electricity grid

UAE’s Masdar has partnered on the construction of the 400MW Dumat Al Jandal facility

Renewable energy investment rose to a record in first half

Investment in solar projects was up 9 per cent to a record $78.9bn in the first half

Leading oil producer UAE says case for renewables never stronger

The country plans to be at the forefront of the transition to greener energy and the fight against climate change

Masdar Azerbaijan solar power

UAE’s Masdar inks deal for mega solar power project in Azerbaijan

The 230-megawatt project is Azerbaijan’s first foreign investment-based independent solar project structured as a public-private partnership

Three important future trends to look out for in 2021

Countries need to tackle vulnerabilities in their economies, embrace innovation and move towards a more digital future

china oman

BP sells Oman stake to Thai firm in $25bn divestment drive

The deal should help BP deliver on its goal of selling $25bn of assets by 2025

Saudi Arabia aims to become next Germany of renewable energy

The kingdom is working with many countries on green and blue hydrogen projects

Abu Dhabi Fund for Development ends 2020 with Dhs117.3m worth of projects

The projects injected 14.38MW into the electric grids of five partner countries

Dubai gets Arab Gulf’s first, and perhaps last, coal power plant

Dubai is starting up the $3.4bn Hassyan coal plant, with capacity being increased from an initial 600 mega watts to 2,400 by 2023

Egypt prepares to issue region’s first green sovereign bond

Egypt seeks to raise $500m from the offering

Bee'ah Solar Farm Sharjah

Bee’ah to launch Middle East’s first solar energy landfill project in Sharjah

The project will be able to generate more than 42 megawatts of energy per year