Energy

    Oman: solar electrical power production project in Sohar completed
    21 Jul 2021

    Majis Industrial Services Company (MISC), an affiliate of Oman Investment Authority, has completed the solar electricity production project at Sohar Industrial Port with a production capacity of 36 kiloWatts per hour, the Arabian Stories reports. In this renewable energy project, electricity production was linked to the water treatment plant supply network in the sea to […]

    Think green: how New York, Vancouver, Copenhagen, and others care about a clean future
    18 Jul 2021

    Let’s see how the world’s leading cities fight for a clean environment through strategic planning and municipal programs. We’re thankful to Constantine Yalovy, ex-Chairman of the Standing Committee of the Kyiv City Council on Environmental Policy, for the valuable review published in “Ukrainska Pravda. Life”. *** The megacities are home to millions of people who […]

    Renewable energy in Arabia: The molecule of the future
    18 Jul 2021

    About five years ago, the Car and Sustainable Energy Fund CEO, Christofer Rathke, visited Saudi Arabia. There he wanted to warn investors and high-ranking officials that fossil fuels could quickly become less critical as renewable energies would “soon be competitively priced.” But beyond the declarations of intent, the course did not reverse. However, the fund […]

    World Future Energy Summit signs key stakeholder agreements
    18 Jul 2021

    World Future Energy Summit, part of Abu Dhabi Sustainability Week, has signed key stakeholder agreements with the Ministry of Energy and Infrastructure, Bee’ah and EDF Renewables, WAM reports. The event, which provides a platform to showcase clean energy and sustainable projects, initiatives, and developments for the Middle East – will be held in Abu Dhabi’s […]

    The EU aims to ban the sale of cars on gasoline and diesel from 2035
    17 Jul 2021

    The EU plans to ban the sale of cars with diesel and gasoline engines from 2035. This is provided by the program to combat climate change until 2050, called Fit for 55, which the European Commission presented on July 15, Deutsche Welle reports. These measures are expected to reduce carbon dioxide emissions in all segments […]

    PIF-backed ACWA Power plans to invest $16bn in new projects in 2021
    12 Jul 2021

    ACWA Power, the utility developer, backed by Saudi Arabia’s Public Investment Fund (PIF), is planning to invest $16 billion in new projects worldwide in 2021, ahead of plans for an initial public offering (IPO), Arab News reports. Early last year, CEO Paddy Padmanathan said the company planned to invest $10 billion in new projects in […]

    DEWA completes 84.52% of 4th phase of H-Station in Al Aweer
    11 Jul 2021

    Dubai Electricity and Water Authority (DEWA) has completed 84.52% of the 829 megawatts (MW) 4th phase of the H-Station power plant in Al Aweer with investments totalling AED1.1 billion, WAM reports. This phase will increase the station’s total capacity to 2,825MW under climate conditions of up to 50° Celsius. The project is expected to be […]

    Saudi Electricity agrees $500m green credit facility in ESG push
    11 Jul 2021

    Saudi Electricity Company (SEC) has agreed a $500 million green lending facility. The financing was guaranteed by the Japan Bank for International Cooperation (JBIC), to support SEC’s green projects across its transmission and distribution networks, the utility said in a stock exchange filing on July, 6. Several other Japanese banks participated in the 12-year facility, […]

    World Future Energy Summit in the UAE signs key stakeholder agreements
    10 Jul 2021

    World Future Energy Summit, part of Abu Dhabi Sustainability Week, has signed key stakeholder agreements with the Ministry of Energy and Infrastructure, Bee’ah and EDF Renewables, WAM reports. The event, which provides a platform to showcase clean energy and sustainable projects, initiatives, and developments for the Middle East – will be held in Abu Dhabi’s […]

    Iraq targets 90% self-sufficiency in natural gas by 2025
    07 Jul 2021

    The Iraqi Ministry of Oil plans to attract a contractor to invest in Akkas gas field, to produce 4,000 million cubic feet of gas by 2025, representing 90% of Iraq’s need for electric power production, said Minister Ihsan Abdul Jabbar for Arab News. Iraq will need more gas for electric power by 2030 to keep […]