• WEF24: Pragmatic actions to help in carbon neutrality

    Technology investment and corporate partnerships can play a crucial role in driving significant emission reduction, Hans Kobler of Energy Impact Partners tells TRENDS.
  • KSA seeks to lead global sustainability drive with Alat

    Led by Saudi Crown Prince Mohammed bin Salman, Alat is poised to revolutionize the tech sector, aiming for carbon neutrality and creating thousands of jobs.
  • ‘Innovation is crucial for UAE’s energy efficiency’

    "Through effective and constructive collaboration with various local and international partners, we have succeeded in establishing an integrated energy transition system that embraces innovation as its core approach," he adds, highlighting the importance of investing in the youth and developing their skills, as they will play a key role in...
  • Dubai is a key player in global business landscape

    "The emirate is continuing to consolidate its position as an ideal platform that brings together creative ideas and innovative entrepreneurs – particularly in the field of modern digital technologies – creating more opportunities, building promising partnerships, and developing effective solutions and pioneering projects," he adds.
  • Embracing renewables secures UAE’s green future

    "COP28 saw all parties reach an agreement on the historic ‘UAE Consensus.’ This consensus includes achieving a well-organized, responsible, fair, and realistic transition to a zero-carbon energy system. It also set, for the first time, specific time-bound goals to triple the capacity of renewable energy sources by 2030," he adds.
  • Dubai at forefront of sustainable energy innovations

    “We're witnessing strong, growing, and sustainable demand for energy and water in Dubai. In 2023, the peak electricity load rose by 9 percent, and peak water demand increased by 5 percent. This growth stems from urban development, economic expansion, and a steady rise in population," he adds.
  • Gulf countries eye global metal recycling hub status

    Amidst an electric vehicle market boom, a looming global shortage of crucial minerals such as lithium and cobalt threatens to double metal prices. The region expects to benefit from it.
  • GCC forges ahead in sustainable tech initiatives

    In 2023, the Gulf countries made a strong push towards renewable energy and pioneering green hydrogen projects, signaling a significant green transition in the region.
  • Gulf leads the charge in green mobility revolution

    In the heart of the GCC, a transformative shift towards 'Green Mobility' is underway, driven by a commitment to environmental sustainability and reducing carbon footprints.
  • UAE pioneers smart city, clean energy initiatives

    "The country's strategies, such as the Energy Strategy 2050, aims at raising the share of clean energy in the total energy mix from 25% to 50% by 2050 and cut carbon emissions from power generation by 70%. The Dubai Clean Energy Strategy 2050 will meet 75% of its energy needs...
  • Abu Dhabi’s EWEC opens Q4 2023 Clean Energy Certificates auction

    ABU DHABI, UAE - Emirates Water and Electricity Company (EWEC) on Monday announced that it will conduct its Q4 2023 auction for Clean Energy Certificates (CECs) here, with registration now open and the auction closing on December 14 2023. Introduced by the Abu Dhabi Department of Energy (DoE), CECs are...
  • Vision 2040: Saudi Arabia’s new economic blueprint

    Saudi Crown Prince Mohammed bin Salman recently unveiled glimpses of the audacious Vision 2040 that will focus on green hydrogen, clean energy, and technology advancements.
  • Europe should move faster on energy transition, say IEA, ECB

    PARIS, FRANCE - Europe must invest more quickly and massively in its energy transition if it wants to remain a global industrial power, top policymakers warned on Friday. The plea was made at a conference on the clean energy transition hosted by the International Energy Agency, the European Central Bank and...
  • ADNOC, TAQA complete financial closing on sustainable water supply project

    ABU DHABI, UAE - ADNOC and Abu Dhabi National Energy Company (TAQA) have completed the financial closing of their $2.2 billion (AED8.3 billion) strategic project to provide sustainable water supply for ADNOC's onshore operations. This strategic investment between two Abu Dhabi energy giants entails developing and operating facilities to sustainably...
  • Deals with India add pace to Saudi diversification

    Riyadh and New Delhi set a new benchmark in global trade and cooperation with 53 deals across diverse sectors and plans for an economic corridor from India to Europe.
  • ACWA Power signs clean energy agreements with Chinese firms

    Riyadh, Saudi Arabia/Guangdong, China -- Saudi-listed ACWA Power has signed MoUs with two Chinese firms to bolster collaboration in China and globally in green hydrogen and ammonia, global renewable energies and integrated smart energies. The agreements were signed with state-owned China Southern Power Grid International Company and clean energy integrated...
  • Strengthening Middle East-China ties bolster trade

    In recent years, the Middle East and China have fortified economic ties, with the former supplying half of latter's oil and sealing a landmark 27-year LNG deal with Qatar.
  • Masdar, Africa50 sign MoU

    The aim is to speed up clean energy transition in Africa.
  • 21 agreements and MoUs signed at Saudi-Italian Investment Forum

    Milan, Italy -- The Saudi-Italian Investment Forum, jointly organized by the Saudi Ministry of Investment and the Italian Ministry of Enterprises and Made in Italy, has witnessed the signing of 21 agreements and memoranda of understanding (MOUs) across various sectors.Hosted in Milan, the Forum was attended by the Saudi Minister...
  • UAE announces US$4.5bn in Africa clean energy investments

    Speaking at a landmark climate summit hosted by Kenya, Sultan Al Jaber, who heads the government-owned renewable energy firm Masdar, the UAE's national oil company ADNOC and the COP28 climate talks, said the money will jump-start a pipeline of bankable clean energy projects in this very important continent.
  • DEWA picks bidder for 1,800MW phase of Al Maktoum Solar Park

    Dubai, UAE -- In a step towards its clean energy ambitions, the Dubai Electricity and Water Authority (DEWA), has announced Abu Dhabi Future Energy Company (Masdar) as the Preferred Bidder for the development and operation of the 1,800MW sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The...
  • Saudi Arabia turns to maritime to diversify revenues

    Saudi Aramco's King Salman Complex, set to be the largest marine industry hub in the Middle East, is expected to boost Saudi Arabia's GDP by over $17 billion.
  • $1.3trn mineral reserves shift Saudi focus to mining

    The Kingdom, leveraging its significant copper reserves across the nation, seeks to address the global shortage, particularly crucial amid the transition towards clean energy.
  • Trade hits new high as GCC-Japan ties get warmer

    Japan's exports to the Gulf countries include automobiles, machinery, iron and steel, electrical machinery, rubber, textiles, visual goods, and foodstuffs.
  • Qatar to take hold of 40% share in future LNG market

    "We are increasing production to 126 MTPA, and we have another 16-18 metric tons per annum (MTPA) out of the US coming online next year," Al Kaabi adds, emphasizing their commitment to reducing emissions through CO2 sequestration and the use of solar power in new LNG production.
  • Oil and gas firms must invest more in clean energy

    “The phase down of fossil fuels is in-evitable. It is in fact essential. But it cannot be irresponsible. We must manage this transition, ensuring energy security, accessibility and affordability, while also sustaining socio-economic development. The speed of the transition will be driven by how quickly we phase up zero carbon...
  • Sheikh Hamdan launches first phase of waste-to-energy project

    Making a strong push for transition to a green economy by building a clean energy infrastructure, Dubai saw the launch of the first phase of the plant at Warsan. Speaking at the site, the crown prince of Dubai said that the emirate has steadily expanded its capacity to produce energy...
  • ‘EU acknowledges, appreciates Qatar’s labor reforms’

    The EU also lauds the exceptional execution of FIFA 2022 in Qatar. It helped refine Qatar's reputation and correct misconceptions. The EU is commitment to strengthening relations with Islamic and Gulf Cooperation Council countries, and seeks to combat Islamophobia in Europe, Stano points out.
  • Sheikh Mohammed inaugurates 5th phase of Mohammed bin Rashid Al Maktoum Solar Park

    DUBAI, UAE -  Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the 900 megawatt (MW) fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This will be the largest single-site solar park in the world with...
  • Arab-China summit will bolster bilateral economic ties

    The event is aimed at bolstering trade and economic alliances between Arab and Chinese business communities and to explore a variety of investment opportunities. The sectors in focus include technology, renewable energy, agriculture, real estate, minerals, and supply chains.
  • Barakah Plant’s final unit begins operational readiness preparations, says ENEC

    ABU DHABI, UAE -  The Emirates Nuclear Energy Corporation (ENEC) has announced that Unit 4, the fourth and final unit at the Barakah Nuclear Energy Plant in Abu Dhabi, has begun its operational readiness preparations. The operations team at Barakah have now commenced the operational readiness testing required to demonstrate...
  • Sharjah’s Waste-to-Energy Project promotes renewable energy

    SHARJAH, UAE - The Sharjah Waste-to-Energy Project, the first of its kind in the Middle East, has strengthened its efforts to divert waste from landfills and contribute to the production of clean energy. Since its launch one year ago, the plant has increased its waste diversion rate from 76 percent...
  • Global investment in clean energy to rise to US$1.7trn: IEA

    Paris, France--Investment in clean energy across the world is expected to rise to US$1.7 trillion in 2023, with solar set to eclipse oil production for the first time, according to a report by the International Energy Agency. The report noted that Investment in clean energy technologies is significantly outpacing spending...
  • UAE joins $275m global effort toward Romania’s clean energy goals

    Abu Dhabi, UAE -- The UAE has joined global partners such as the US, Japan, and South Korea to commit up to $275 million towards nuclear energy in Romania. The announcement, made by US President Joseph Biden at the G7 Summit in Japan, is the first major nuclear energy initiative...
  • Masdar on way to become one of world’s largest renewable energy firms

    ABU DHABI, UAE -  Abu Dhabi Future Energy Company (Masdar) has announced that it has nearly doubled its clean energy capacity and CO2 displacement in just two years. Masdar said that it is on track to fulfill its ambition of becoming one of the world’s largest renewable energy companies by...
  • Dubai Supreme Council reviews progress in clean energy projects

    DUBAI, UAE -  Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 76th meeting of DSCE which was held virtually in the presence of Saeed Mohammed Al Tayer, Vice Chairman of the Council. Saeed Mohammed Al Tayer, also the MD and CEO Dubai...
  • Morocco, UK ink pact on climate action, clean energy, green growth

    Rabat, Morocco: Morocco and the United Kingdom signed on Tuesday a Strategic Framework for Cooperation on climate action, clean energy and green growth. Signed by Moroccan foreign minister Nasser Bourita, and the UK Minister of State for the MENA region Lord Ahmad, the agreement aims to facilitate Morocco’s accelerated transition...
  • Regional cooperation vital to address climate change

    “The recent, intense weather events in Central and West Asia show that we need to take urgent, collective action. Countries in the region must work together to cut greenhouse gas emissions, ramp up climate resilience, and manage precious, shared natural resources for the good of all,” adds Yevgeniy.
  • DEWA adds 200 MW of clean energy from solar park

    Dubai, UAE - Dubai Electricity and Water Authority (DEWA) has added 200 MW of clean energy from the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park ahead of schedule.  With this addition, the solar park's current production capacity is now at 2,327MW using photovoltaic solar panels and...
  • UAE keen to expand ties with Uzbekistan beyond clean energy: Al Mazrouei

    Suhail bin Mohammed Mazrouei, Minister of Energy and Infrastructure, said the UAE was keen to widen ties with Uzbekistan in sectors such as transport and infrastructure. He disclosed that companies such as Mubadala, masdar, and Taqa currently operating in the country have plans to increase their investments in the future.
  • OPEC Fund, UNIDO enhance cooperation to advance clean energy transition

    Vienna, Austria - The OPEC Fund for International Development (the OPEC Fund) and the United Nations Industrial Development Organisation (UNIDO) have signed a joint declaration to deepen their partnership in securing energy access and promoting energy transition. They also signed a US$1.5 million technical assistance grant agreement in support of...
  • Saudi Arabia and Netherlands discuss export of clean hydrogen to Europe

    Riyadh, Saudi Arabia-- Saudi Arabia and the Netherlands have discussed the possibility of exporting clean hydrogen from the kingdom to Europe. In this regard, Energy Minister Prince Abdulaziz Bin Salman met with the Deputy Prime Minister and Minister of Foreign Affairs of Netherlands Wopke Hoekstra in Jeddah. The meeting also...
  • Masdar expands US footprint with 50% stake in renewables project

    The Big Beau project, located in California, comprises a 128-megawatt solar plant and a 40 MW/160 MWh battery energy storage system.
  • UAE issues license for electric vertical takeoff and landing aircraft

    DUBAI, UAE - The UAE Regulations Lab has issued a license for an electric cargo aircraft to promote eco-friendly transportation and enhance the sustainability of the air cargo industry in the country. The license is aimed at reducing carbon emissions by encouraging the adoption of clean energy and leveraging technology...
  • UAE’s FNC highlights role of parliaments in addressing climate change

    RABAT, MOROCCO - UAE's Federal National Council (FNC) highlighted the critical role of parliaments in addressing the repercussions of climate change, by passing laws that preserves the environment and promote the use of clean energy. The FNC's Parliamentary Division made this statement during the intervention by Aisha Mohammed Al Mulla,...
  • Green energy meets 80 percent of Abu Dhabi demand: EWEC

    Abu Dhabi, UAE--- Emirates Water and Electricity Company (EWEC) has, for the first time, met 80 percent of total power demand in Abu Dhabi using renewable and clean energy from its solar and nuclear energy plants. In the process, EWEC supplied approximately 6.2 gigawatts (GW) of the total 7.7GW system...
  • DEWA CEO discusses bilateral cooperation with Emerson

    DUBAI,  UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA)  Saeed Mohammed Al Tayer received a high-level delegation from Emerson headed by Lal Karsanbhai, President and CEO. Emerson is a global leader in technology, software, and engineering. The visiting delegation included Michael Train, Chief Sustainability Officer, Emerson;...
  • ‘Saudi to invest US$266bn in cleaner energy’

    Saudi Arabia plans to invest more than US$266 billion to produce cleaner electricity and expand its power grid, the kingdom's energy minister said. Speaking at a forum organized by Saudi oil giant Aramco, Prince Abdulaziz bin Salman said the world's biggest crude exporter was also looking to become a global...
  • IDB’s insurance arm, Masdar sign renewable energy pact

    Jeddah, Saudi Arabia---The Islamic Corporation for the Insurance of Investment and Export Credit, the Islamic Development Insurance arm of the Islamic Development Bank Group, Saturday signed an MoU with the Abu Dhabi Future Energy Company (Masdar) as part of its goals to transition to renewable and clean energy in markets...
  • 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.