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.Abu Dhabi to host Green Hydrogen Summit in year of climate action for UAE
The summit is being held in partnership with the Hydrogen Council, Atlantic Council, International Renewable Energy Agency and Dii Desert Energy.Uniper, UAE’s Masdar working on hydrogen project
Upon the approval of the European Commission, the Berlin government this week completed a 34.5 billion euro ($36.55 billion) bailout for Uniper.Global government spending on clean energy transitions rises to $1.2 trillion
The increase brings total amount of investment support that governments have allocated to clean energy to $1. 215 billion.UAE-US partnership to spur $100 bn clean-energy financing, development
The Partnership for Accelerating Clean Energy will see the two countries develop, finance and deploy clean projects in the US, UAE and other countries; invest in responsible and resilient supply chains; and promote investment in green mining, production and processing of minerals and materials that are vital to the energy...RWE of Germany signs US$6.8bn US clean energy deal
RWE is one of Germany's main energy providers, with production historically linked to coal, which placed it among the country's largest CO2 polluters. The group has accelerated its diversification into renewables in recent years.High-level UAE economic delegation visits Georgia
A UAE economic delegation led by Minister of State Ahmed Ali Al Sayegh visited Tbilisi, Georgia.Clean energy is key for Indonesian economy, says IEA
Indonesia has a viable path to reaching its target of net zero emissions by 2060, bringing major benefits to its citizens in the process such as more secure and affordable energy supplies, according to a new IEA report.IHC acquires stake in Kaylon
The 50 percent stake was acquired for $490m.ADDED, EWEC sign MoU to improve sustainability, clean energy adoption
The Emirates Water and Electricity Company (EWEC) and the Abu Dhabi Department of Economic Development (ADDED) today signed a Memorandum of Understanding (MoU) aimed at improving sustainability best practices and encouraging the adoption of Clean Energy Certificates (CECs) across the emirate’s industrial sector. EWEC will collaborate with ADDED through the...India turns to dung as new energy source
Cultivating alternative energy sources is an urgent priority in India, which burns coal to meet nearly three-quarters of the energy needs of its 1.4 billion citizens.World’s fossil fuel assets risk evaporating in climate fight
Oil platforms, pipelines, coal power plants and other fossil fuel assets could lose trillions of dollars in the battle against climate change in the coming decades, experts say. The warning was issued in a 3,000-page report by UN experts who said fossil fuel assets must be retired and replaced with...IEA gives third term to chief for guiding shift to clean energy
The International Energy Agency approved a third term for executive director Fatih Birol as the organization seeks a faster transition to clean energy, it said Friday.Aldar and EWEC sign clean energy deal
EWEC will supply clean energy to all Aldar owned and managed assets.Oil-exporter UAE accepts future is not oil: US delegation
UAE officials "recognise reality", delegation member and House of Representatives Majority Leader Steny Hoyer said after talks with Dubai ruler Sheikh Mohammed bin Rashid Al-Maktoum. "They know the world is working very hard not to be in a position to buy their product anymore, because they're going to alternative energy,"...China aims to cut fossil energy use to below 20% by 2060
China is targeting an ambitious clean energy goal of reducing fossil fuel use to under 20 percent by 2060, according to an official plan published by state media on Sunday.Work on $6.5 billion green hydrogen project in NEOM to begin in H1 2022
The work on a $6.5 billion green hydrogen plant in Saudi Arabia's planned futuristic city NEOM is likely to begin in the first half of 2022, according to ACWA Power, one of the project partners. ACWA Power, which debuted on Saudi Arabia’s stock market on Oct. 4, expects to finalize...Dubai set to achieve clean energy targets by 2050
It is the Emirate’s goal to meet three-fourths of its energy requirements with clean sources, which would make it a global hub for clean energy and a green economyClimate change could turn Gulf cities unlivable
A new report by the UN's Intergovernmental Panel on Climate Change showed unequivocally that the climate is changing faster than previously feared. Experts warn that with higher temperatures and humidity towards the end of this century, parts of the Gulf will experience periods of "heat stress conditions that will be...Dewa, Stanford to build PV system at Al Maktoum Solar Park
Dewa and Stanford University will collaborate to develop an advanced system to forecast PV production at the Al Maktoum Solar ParkEmissions set to surge to record levels in 2023 as governments spend less on clean energy: IEA
International Energy Agency says current government plans would increase spending on clean energy to $350, 75 percent short of its $1 trillion Sustainable Recovery PlanSharjah varsity-led study points to cheaper, sturdier fuel cells for cars
A study led by the American University of Sharjah has claimed to have improved fuel cells for hydrogen-run cars that increases their efficiency and life manifold Current polymer-electrolyte fuel cells function at 800C,which leads to liquid build-up inside them A study led by the American University of Sharjah has claimed...AFD approves €83M loan to Egypt for electricity sector
Loan meant to fund Egypt's second phase of Electricity and Green Growth Support Program The program will advance the provision of clean, reliable energy to drive green growth CAIRO: African Development Bank approves loan of €83 million for Egypt's electricity sector to spur economic recovery from Covid-19 The African Development...Tesla to accept bitcoin again when greener
Bitcoin are produced by powerful computers that consume huge amounts of electricity in the process Tesla has said it invested $1.5 billion in bitcoin Electric vehicle maker Tesla has said it will accept bitcoin payments again when the virtual currency is greener. The American manufacturer caused a sensation in February...DEWA to add additional 600MW of clean energy capacity to Dubai’s energy mix in 2021
The technologies fueling this expansion are photovoltaic solar panels and concentrated solar power or CSP The move will increase DEWA’s total power capacity from clean energy to 1,613 MW Dubai Electricity and Water Authority is on its way to add 600 megawatts of clean-energy capacity through the solar route in...Green hydrogen production follow same path as solar power, wind power: DEWA CEO
GCC region, whose biggest export has so far been oil, is turning towards sources of clean energy Mohammed bin Rashid Al Maktoum Solar Park in Dubai the first of its kind in the MENA region to produce eco-friendly hydrogen using renewable energy “We believe that green hydrogen production will take...ADFD allocates $100m towards 2 projects in Turkmenistan
AED275m towards the construction of an airport in Jebel and AED 92m for hybrid power plantUAE, Lithuania explore economic cooperation prospects
Lithuania's pavilion at EXPO 2020 Dubai will be inspired by concepts of innovation, sustainability and innovation































