• UAE signs agreements to develop Kazakhstan renewables sector

    Dubai, UAE--The United Arab Emirates (UAE) and Kazakhstan signed an agreement outlining a commitment to co-operation in the development of Kazakhstan’s renewables sector, including through the development of a large-scale wind power project with a 1GW capacity. Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, oversaw the signing of the...
  • Masdar ties up with RWE in US$14bn investment to develop wind projects in UK

    Dubai, UAE--Abu Dhabi Future Energy Company, also known as Masdar, is part of a $14 billion investment into the UK’s renewable energy sector and is purchasing a 49 percent stake in RWE’s 3 gigawatt (GW) Dogger Bank South (DBS) projects - which form one of the world’s largest planned offshore...
  • ACWA Power launches Phase I of green hydrogen project in Uzbekistan

    Riyadh, Saudi Arabia -- Saudi renewables giant ACWA Power has said it launched the first phase of green hydrogen project in Uzbekistan, with a production capacity of 3,000 tons per year. In a statement, the company added that the project will be developed in two phases. The first phase, a...
  • COP28 host UAE braces for rising heat risk, targets carbon neutrality

    As global temperatures tick higher, with this year on course to be the hottest on record, the UAE is changing its building designs and urban planning to create cooler living environments, even outdoors, Almheiri said.
  • TotalEnergies, Adani Group set up JV for wind, solar power production in India

    PARIS, FRANCE - French firm TotalEnergies and Indian group Adani unveiled plans on Wednesday to create a joint venture to develop wind and solar electricity production in India. The joint venture will include wind and solar assets that Adani Green Energy Limited (AGEL) already operates and is building and developing in India,...
  • China’s industrial sector posts robust growth in 2023

    Beijing, China--China has reported robust progress in its industrial development this year, marked by significant milestones in several sectors, according to the Chinese newspaper People's Daily Online. The nation's first domestically-produced large cruise ship has wrapped up its maiden test voyage, with plans for its official naming and delivery by...
  • Schools shut in Makkah region after heavy storms and downpour

    The meteorology center warned of further storms on Wednesday bringing rain, wind and thunder to the Mecca region and elsewhere in western Saudi Arabia.
  • Siemens Energy posts Q3 loss

    The group expects full-year net loss of around $4.94bn.
  • In Asia expansion push, Masdar to develop 2GW clean energy in Malaysia

    Abu Dhabi, UAE--Abu Dhabi Future Energy Company (Masdar) and Citaglobal Berhad have signed a memorandum of understanding (MoU) for developing renewable energy projects across solar, battery energy storage system (BESS), wind and other renewable energy technologies. The MoU was signed in Malaysia by Abdulla Zayed, Masdar’s Head of Development and...
  • Masdar, Iberdrola to invest in US$1.77bn German wind farm

    The UAE's firm signed an agreement with Iberdrola to co-invest in the 476-megawatt Baltic Eagle offshore wind farm in the German Baltic Sea. The Spanish company will have a majority stake of 51 percent in the investment, which will accelerate green-energy security in Europe. Iberdrola will control and manage the...
  • EU clears biodiversity bill seeking natural habitat protection

    The parliament's biggest political grouping, the conservative European People's Party (EPP), had sought to shoot down the text, arguing that it would reduce EU food security and limit possibilities to build wind and hydroelectric energy facilities.
  • Siemens Energy shares fall due to technical problems at wind turbine unit

    FRANKFURT, GERMANY -  Shares in Siemens Energy plummeted on Friday after the company warned that technical problems at its wind turbine unit were worse than previously thought. The group scrapped its full-year profit target and said it was setting aside more than US$1.1 billion (1 billion euros) over the coming years...
  • IEA says renewable energy capacity to increase at record level in 2023

    PARIS, FRANCE -  Renewable power capacity will grow by a record number this year as high fossil fuel prices and energy security concerns fueled the deployment of solar and wind systems, the International Energy Agency said on Thursday. Global additions of renewable energy capacity are expected to rise by 107 gigawatts...
  • Up to $1.7 trillion investment needed for green aviation goals

    To meet the estimated energy demand from hydrogen and electric aircraft in 2050 would require the amount of energy produced from 10-25 of the world’s largest wind farms, or a solar farm half the size of Belgium, WEF says.
  • Clean energy manufacturing to hit $650 billion by 2030: IEA

    The global market for key mass-manufactured technologies including solar panels, wind turbines, electric vehicle batteries, heat pumps and electrolyzers for hydrogen will be worth around $650 billion a year by the end of the decade, the IEA predicted in a report.
  • ACWA Power seals $2.4 bn deal

    The firm signed PPA with the National Electric Grid of Uzbekistan.
  • Siemens posts Q4 profit of $3bn

    Firm posts FY 2021-22 net profits of around US$4.6 billion.
  • ACWA Power to build 10 gigawatts wind project in Egypt

    Riyadh, Saudi Arabia— ACWA Power Company of Saudi Arabia has signed an agreement with Egypt to build a 10 gigawatts project to produce electricity from wind energy in the north African country. According to the Saudi Ministry of Energy, the agreement has been reached with Egypt’s New & Renewable Energy...
  • Saudi Arabia, UAE say global investments required for oil production

    Saudi Arabia and the United Arab Emirates said the world needs to keep investing in oil production, just days before the COP27 climate summit aimed at curbing global warming. Sultan Al Jaber, the head of UAE oil giant ADNOC, warned that under-investment could cause a shock to the world economy.
  • IEA says global emissions to peak in 2025

    Owing to surging energy prices fueled largely by the Russian invasion of Ukraine, the IEA feels global emissions will peak in 2025 as investment in renewables has grown in the recent months. Last year, the IEA had said there was "no clear peak in sight" in energy emissions.
  • Mubadala acquires stake in Skyborn

    Skyborn Renewables is the world’s largest private offshore wind developer.
  • Renewables grow to meet global electricity demands: study

    In its new analysis, energy think tank Ember compared data from the first six months of the year -- which included the Russian invasion of Ukraine -- and the beginnings of the international energy crisis.
  • Masdar, REW sign collaboration pact

    The two firms will explore developing offshore wind projects.
  • Saudi launches five projects to produce electricity using renewable energy

    Riyadh, Saudi Arabia--Saudi Arabia has launched five new projects to produce electricity using renewable energy, which is part of the fourth phase of the projects of the National Renewable Energy Program. Saudi Press Agency said that Saudi Energy Procurement Company (the main buyer) launched the projects for competition. The financial...
  • UAE solar energy leader in Arab world

    Arab countries are constructing solar and wind energy plants with a total capacity of 73.4 gigatons, which is nearly five times the region's current renewable energy production.
  • ACWA Power to sign $2.4bn wind power project deal in Uzbekistan

    ACWA Power Company will join hands with Uzbekistan in order to enter into  a $2.4 billion deal for a 1,500-megawatt wind project, a bourse filing disclosed.
  • AMEA Power awarded two projects

    These solar projects in Morocco were part of a large international tender.
  • GCC keeps pace with global solar, wind trends

    Countries like the UAE, Saudi Arabia, and Oman appear on track to take giant strides in diversifying their portfolios when it comes to power generation.
  • Shell to lose $5 bn

    Nations and their companies have axed business ties with Russia over Ukraine.
  • Britain may build seven nuclear power plants by 2050

    Britain could build up to seven new nuclear power plants by 2050, as well as offshore wind to diversify energy sources, a senior minister said Sunday.
  • Powered solely by renewables, PORRIMA docks at Dubai Harbour

    Dubai Harbour welcomed the Swiss experimental vessel powered solely by renewables, PORRIMA, to its marinas on Thursday as part of its worldwide journey across five continents called the Blue Odyssey. Choosing Dubai Harbour for its second world destination, the first-of-its-kind solar, wind and hydrogen-powered ship has travelled more than 11,000...
  • Tajikistan to team up with Iran to build renewable energy sources

    Tajikistan’s minister of energy and water resources said that his country is engaged in a program that includes construction of 700 megawatts of solar and wind powerhouses.
  • Middle East Energy opens next week, will focus on energy transition

    Policymakers, business leaders, and industry experts from the energy industry will converge in Dubai next week to participate in Middle East Energy, formerly Middle East Electricity. The event will take place at the Dubai World Trade Centre, from 7th-9th March, under the theme, "Guiding you through the energy transition". It...
  • Using alternative sources of energy saved UAE $191 bn: Suhail Al-Mazroui

    UAE has saved $191 billion by using alternative sources of energy, according to Suhail Al-Mazroui, UAE energy minister. Speaking at the International Petroleum Technology Conference 2020 in Riyadh, Al-Mazroui said the huge saving prompted the UAE to think seriously about using cleaner forms of energy. He said the UAE is...
  • Which GCC countries have largest renewable capacity?

    From solar farms to wind energy, the infrastructure is being put in place at varying paces by GCC nations.
  • Renewable energy jobs reach 12 million globally

    A report by the International Renewable Energy Agency confirms Covid-19 caused delays and supply chain disruptions, with impacts on jobs varying by country and end use.
  • Renewables grew fastest in two decades in 2020: IEA

    IEA has said renewable sources of energy grew at their fastest clip in 2020 in this millennium The world added enough infrastructure to produce 280 GW of energy via renewable sources in the year gone by   Wind, solar and other renewable sources of electricity showed in 2020 their fastest...
  • How energy landscape to evolve in the Middle East in 2018?

    A massive economic diversification exercise is underway in the Middle East to gradually end dependency on fossil fuels for a sustainable future. One sector that has immensely benefited from the exercise is that of renewable energy. Over the years, it has not only emerged as a reliable and viable means...