- Kyiv, Ukraine -- Ukraine was scrambling to turn lights and heating back on Sunday after Russian attacks targeting energy infrastructure reduced the country's power generating capacity to "zero". Moscow, which has escalated attacks on Ukraine's infrastructure in recent months, launched hundreds of drones at energy facilities across the country overnight...
China’s power paradox: record renewables, continued coal
Bangkok, Thailand -- Call it the China power paradox: while Beijing leads the world in renewable energy expansion, its coal projects are booming too. As the top emitter of greenhouse gases, China will largely determine whether the world avoids the worst effects of climate change. On the one hand, the...OpenAI announces Broadcom deal as spending spree continues
OpenAI, the company behind ChatGPT, announced Monday it is teaming up with chip giant Broadcom to design and build its own specialized computer processors for artificial intelligence.SEC H1 net profit $1.67bn
Revenue grew by 24% to $7.38 billion.World Bank announces Lebanon, Syria reconstruction projects
Beirut, Lebanon -- The World Bank announced on Wednesday it had approved $250 million to support Lebanon's post-war reconstruction and a $146 million grant to rehabilitate neighboring Syria's electricity sector. Lebanon is reeling from last year's devastating war between Israel and Iran-backed Hezbollah, while Syria faces massive needs after Islamist-led...Iraq signs deal with US firm to produce 24,000 MW of electricity
Prime Minister Mohammed Shia al-Sudani oversaw "the signing of a Memorandum of Understanding as part of a strategic cooperation framework with US energy firm GE Vernova, his office said, calling it "the largest and most advanced electricity generation initiative in Iraq's history."Masdar targets 100 GW of clean energy by 2030
Abu Dhabi, UAE - Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has affirmed the company's ambitious goal of achieving 100 gigawatts (GW) of clean energy capacity globally by 2030. "This ambitious target underscores Masdar's commitment to accelerating the global transition to clean energy and contributing to...Step into the future of sustainable smart city development
Pavegen, a global kinetic energy company, unveiled its innovative “Solar+” tile in Dubai. This tile harnesses the power of movement, be it via walking, running, biking, or a wheelchair, with great commercial applicationsMajor tech companies turn to nuclear energy to power data centers and AI initiatives
Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman Sachs says that data centers will consume eight percent of the US power by 2030, up from three percent in 2022.Iraq to import electricity from Turkey for northern provinces
Baghdad, Iraq -- Iraq said Sunday a new power line will bring electricity from Turkey to its northern provinces as authorities aim to diversify the country's energy sources to ease chronic power outages. The 115-kilometre (71-mile) line connects to the Kisik power station west of Mosul and will provide 300 megawatts...Short fuses in Egypt as blackouts stretch into sweltering summer
Cairo, Egypt -- At least once a day, the hum of every fan, air conditioner and fridge across Egypt goes quiet. The lights go out and an expletive is muttered or hurled into the quickly-heating air. Lifts stop, errands are cancelled and meetings delayed for as long as the power stays...Iraq to import electricity from Jordan to ease its chronic outages
Baghdad, Iraq -- Iraq said Friday a power line would soon bring electricity from Jordan to the border area as authorities aim to diversify energy sources to ease the country's chronic outages. With its generating capacity ravaged by decades of conflict and underinvestment, Iraq has long relied on imports of both...TAQA, JERA sign pact with SATORP to develop plant in Saudi Arabia
ABU DHABI, UAE – Abu Dhabi National Energy Company (TAQA), together with JERA Co., Inc on Thursday announced that they have entered into a power and steam purchase agreement with Saudi Aramco Total Refining and Petrochemical Company (SATORP), a joint venture company owned by Saudi Arabian Oil Company (Saudi Aramco)...Baghdad, Tehran in talks to import gas from Turkmenistan
Tehran, Iran - Baghdad and Tehran are currently engaged in negotiations to facilitate the import of gas from Turkmenistan, with the Iraqi Minister of Electricity Luay Al-Khatteeb revealing that discussions are underway to utilize Iran's extensive network for the transportation of Turkmenistan's gas. Highlighting the challenges in establishing direct lines...A greener globe requires a greener industry, says Chinese industry leader
Beijing, China-- A greener globe requires a greener energy industry, which could definitely be represented by new quality productive forces such as green hydrogen, according to Baoshen Zhong, Chairman of LONGi Green Energy. China Economic Net quoted Zhong as saying, during the 2024 Two Sessions, that “Renewable energy, mainly photovoltaic...Iran and Russia to sign new contracts to develop oil, gas fields
Tehran, Iran-- Iran and Russia have agreed to sign new contracts on developing oil and gas fields, according to the oil ministers of the two countries. Iranian Oil Minister Javad Owji held talks with Nikolay Shulginov, the Minister of Energy of Russia, on the sidelines of the GECF Summit in Algeria...Energy-related global CO2 emissions hit record levels in 2023, says IEA
PARIS, FRANCE – Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous years thanks to continued expansion of clean technologies, the International Energy Agency said on Friday. CO2 emissions from energy rose by 1.1 percent in 2023, increasing by 410 million tonnes to a...North Korea prepares for conflict as Kim inspects warships
The North Korean leader has in recent weeks declared South Korea his country's "principal enemy", jettisoned agencies dedicated to reunification and outreach, and threatened war as he hailed the test launch of a new strategic cruise missile from a submarine, calling it a key moment in the development of the...Royal Commission for AlUla chief held for abuse of power, money laundering: report
Riyadh, Saudi Arabia - The CEO of the Royal Commission for AlUla, Eng. Amr Al-Madani, has been arrested on charges of misusing authority and money laundering involving SR206 million ($55 milion). The Oversight and Anti-Corruption Authority (Nazaha) reported the arrest, stating that Al-Madani's partners in a company were also apprehended....Turkish strikes leaves hundreds of Syrian villages without electricity
Qamishli, Syria - Hundreds of northeast Syrian villages and towns have lost power after Turkish strikes pounded electricity stations and infrastructure, the region's semi-autonomous Kurdish administration said on Monday. The Kurdish administration said Turkey launched a slew of strikes since Friday, mostly concentrated on infrastructure including power stations and oil refineries....China’s ties with US ‘stabilized’ last year, says Wang Yi
In an attempt to lower recriminations in the relations between the two countries, President Joe Biden met Chinese counterpart Xi Jinping in San Francisco in November for talks that both sides described as a qualified success. Beijing and Washington have butted heads in recent years on flashpoint issues from technology...Gaza clings on to eSIM cards to stay connected with world
Rafah, Palestinian Territories--Power cuts have become a fact of life in war-torn Gaza. But thanks to embedded SIM cards, Palestinians can still access the internet and maintain a channel of communication with loved ones abroad. "Without them, we'd be cut off from the world," said Hani al-Shaer, a local journalist who...DEWA awards pipeline contract
The US$3m-contract is for the laying of GRE pipes in Hatta.Aldar ties up with Yellow Door Energy
They will supply solar power to 45 properties in the UAE.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...Indonesia unveils plan to bring $20bn energy investment from West
Jakarta, Indonesia - Indonesia on Tuesday launched an investment plan to attract $20 billion pledged by Western nations in a renewable energy transition pact agreed last year for the archipelago to slash emissions and wean itself off coal. The roadmap, which comes less than two weeks before the COP28 summit in...ACWA Power starts commercial ops at phase 2 of Dubai’s Noor Energy
RIYADH, SAUDI ARABIA – ACWA Power Co said it received the initial commercial operation certificate from the Dubai Electricity & Water Authority (DEWA) for phase two of concentrated solar power (CSP) Parabolic Trough (PT) 200 megawatts (MW) unit of Noor Energy 1, taking total capacity under operation to 717 MW. The second phase is part of a 950 MW solar CSP independent...Request for qualification issued for 3700MW Saudi solar projects
Riyadh, Saudi Arabia -- The Saudi Power Procurement Company (SPPC) has released request for qualification (RFQ) for the fifth round of solar projects under the National Renewable Energy Program (NREP) which is led and supervised by the Ministry of Energy. The combined capacity of Round 5 projects is approximately 3700...SEC reports $1.55bn Q3 profit
The company attributes the growth to surge in demand.Saudis need $100s of billions for power investment by 2030: ACWA Power CEO
Riyadh, Saudi Arabia - Saudi Arabia is set to embark on a significant endeavor to expand its power generation capacity, with plans to attract investment amounting to hundreds of billions of dollars by the end of this decade. Marco Arcelli, the CEO of ACWA Power Co., based in Riyadh, Bloomberg...World must add or replace 80 million km of grids by 2040: IEA
Paris, France-- Achieving all national climate and energy goals will require adding or replacing 80 million kilometres of power lines by 2040 – an amount equal to the entire existing global grid – according to the International Energy Agency. Major changes to how grids operate and are regulated are also...Arab League denounces Israel siege of Gaza Strip
Demanding that aid be immediately allowed to go into the besieged enclave, Arab foreign minister condemned Israel's siege of Gaza in the wake of the shock attack by Palestinian militants on Israel. It has imposed a "complete siege" on the Gaza Strip, cutting off the water supply, food, electricity and...EWEC, Masdar sign purchase pact
Power to be purchased generated from UAE's Wind Programme.Farmers turn to solar power in Syria’s former breadbasket
Al-Haddadiya, Syria - At his farm in Syria's northeast, Abdullah al-Mohammed adjusts a large solar panel, one of hundreds that have cropped up over the years as farmers seek to stave off electricity shortages in the war-ravaged region. Solar energy has offered a lifeline for the farmers amid drought and power...ACWA Power signs $911 million water purchase agreement with DEWA
Dubai, UAE -- Dubai Electricity and Water Authority (DEWA) Tuesday signed a 30-year water purchaser agreement worth SAR 3.42 billion ($911 million) with Saudi Arabia’s ACWA Power for phase 1 of the Hassyan sea water desalination project using solar power. The project is part of DEWA’s efforts to increase its...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,...Improving power situation in Libya brightens life
Till last year, outages could last 20 hours, turning the streets dark and leaving residents sweltering in temperatures above 40 degrees Celsius.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...Egypt looks to raise US$5bn from offloading stake in state-owned companies
Cairo, Egypt--Egypt is looking to raise $5 billion from the offering of power plants and state-owned companies from October 2023 until the end of June 2024, according to a report on the Government IPO Program by the Cabinet's Information and Decision Support Center (IDSC). The report showed that Egypt plans...Renewables helped save $520bn fuel costs globally in 2022: Report
In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to US$580 billion, according to the Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA).Egypt energy-saving measures evoke satirical reaction among citizens
Sweltering without air conditioning during the day and plunged into darkness at night, many Egyptians have responded with anger and ridicule to government measures for reducing energy consumption. Hours-long power cuts across Egypt, several times a day, prompted the directives as record temperatures hit the Mediterranean region this month.Fire at substation in Iraq sparks nationwide power outage
Baghdad, Iraq--A fire at an electricity substation in southern Iraq triggered a nationwide power outage Saturday, authorities said, just as demand peaks amid the searing summer heat. Electricity is a sensitive political issue in Iraq as despite the country's huge oil reserves, its dilapidated power grid is incapable of meeting peak demand...Protesters in Morocco demand government act on cost of living
CASABLANCA, MOROCCO - Hundreds demonstrated on Sunday in Morocco's economic capital Casablanca to protest against the surging cost of living in the North African country and urged action by the government, AFP correspondents said. Protesters from the Democratic Labor Confederation (CDT) rallied in Casablanca's historic center "to shout out our...Renewable power capacity to rapidly expand, IEA report reveals
PARIS, FRANCE - Renewable power capacity is expected to jump by a third this year globally as growing policy momentum, higher fossil fuel prices and energy security concerns drive expansion of solar and wind power, the International Energy Agency (IEA) said. The growth is set to continue next year with...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...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 sees 20 percent decrease in nitrogen oxide emissions: study
Dubai, UAE-- The UAE has witnessed a 20 percent drop in nitrogen oxide emissions from power generation activities, according to a study undertaken by the Ministry of Climate Change and Environment (MOCCAE), in collaboration with entities involved in power generation. The study focused on measuring the intensity of nitrogen oxide...Kuwait awards Mitsubishi Power contract to run its largest power station
Kuwait City, Kuwait – Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, announced on Monday that it had been awarded a long-term contract by the Kuwait Ministry of Electricity & Water & Renewable Energy to optimize the performance of the Sabiya power and water distillation station and boost...India to connect its power grid with Saudi Arabia, UAE
New Delhi, India--India is looking to connect its power grid with Saudi Arabia and the UAE by way of undersea cables, according to Indian media, citing Union Minister for Power and Renewable Energy Raj Kumar Singh. The media reports said that India will sign bilateral agreements with Saudi Arabia and...ACWA Power to build 1,000 megawatt solar power plant in Iraq
Riyadh, Saudi Arabia--ACWA Power will construct a 1,000 megawatt solar power plant in Iraq, the first clean energy project in the country. According to its electricity minister, the joint venture project will be developed in Central Iraq’s Najaf city, around 160 km south of the capital, Baghdad. “The Saudi firm has agreed...

















































