Energy

    Iraq is in talks with Saudi and UAE firms to deliver clean energy, minister says
    29 Jun 2021

    Iraq is in talks with Masdar to implement solar energy projects targeting an electricity capacity of up to 2 gigawatts, Oil Minister Ihsan Abdul Jabbar told Asharq Business, Arab News reports. There are also discussions with Saudi ACWA Power, to implement renewable energy projects, he added. “It is expected to sign contracts for renewable energy […]

    GCC economies to depend on hydrocarbons despite diversification efforts – report
    27 Jun 2021

    Despite concerted efforts to move away from oil and gas resources as the mainstay of their economies, Oman and its peers in the Gulf Cooperation Council (GCC) will continue to remain dependent on hydrocarbons over the foreseeable future, according to a key report by Moody’s Investor Service. Moody’s warned in its report that Gulf states’ […]

    Opinion: “Green energy” revolution may stop
    27 Jun 2021

    While the economy is slowly recovering, the world is plagued by scarcity and price surges that have affected everything from the supply of Taiwanese chips to the cost of a French breakfast. Supply issues deserve particular attention, such as scarce metals and limited land resources, which threaten to slow the explosive development of clean energy […]

    Will hydrogen save the planet from climate change?
    24 Jun 2021

    For many years, fossil fuels have been providing electricity and heat to industry, transportation, and people. At the same time, the use of “dirty” fuels produces 73% of all greenhouse gas emissions in the world. Over 150 years, this has significantly exacerbated the greenhouse effect and led to a climate crisis. To mitigate the effects […]

    Orsted plans $57 bn investment in a bid to become world’s biggest green energy company
    23 Jun 2021

    Danish developer of offshore wind farms faces competition from traditional energy companies moving into the renewables market. Orsted plans to spend 350 billion Danish kroner ($57bn) by 2027 to be the world’s leading green energy provider, the National News reports. But the Danish firm, already the biggest developer of offshore wind farms, faces increasing competition […]

    Arab economies jostle for position in $200 billion green hydrogen race
    20 Jun 2021

    This week has brought us a new huge green hydrogen project announcement in the Middle East. Let’s begin from Egypt’s turn. The most populous Arab nation is planning to invest up to $4 billion in a project to create hydrogen through electrolysis powered by renewable energy, Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker […]

    GE to build first desalination plant using clean energy in Saudi Arabia
    15 Jun 2021

    GE Renewable Energy’s Grid Solutions has won a deal from Doosan Heavy Industries and Construction Co. Ltd. to build a turnkey substation that will power the Yanbu-4 independent water producer plant, Arab News reports. This is the first integrated, seawater reverse osmosis project in the Kingdom that uses clean energy. Scheduled to be operational in […]

    Dubai-based companies sign pact for building Bahrain’s largest private solar plant
    13 Jun 2021

    A private solar plant will be built for Bahrain Mall. The project will be Bahrain’s largest solar rooftop installation to date. Solar rooftop plant will generate 50% of Bahrain Mall’s energy consumption needs, Power-Technology reports. The agreement will bring clean energy to The Bahrain Mall, operated by Carrefour Bahrain, and will be the largest private […]

    Air Products and Baker Hughes to Collaborate on Global Hydrogen Projects
    13 Jun 2021

     Air Products, a global company in industrial gases and megaproject development, and Baker Hughes, a firm that develops advanced hydrogen compression and gas turbine technology, have announced a strategic global collaboration. Their aim is to develop next-generation hydrogen compression to lower the cost of production and accelerate the adoption of hydrogen as a zero-carbon fuel […]

    Zero-carbon emission development in Oman: What’s new in 2021
    09 Jun 2021

    Oman Liquefied Natural Gas (LNG) Company has signed an agreement with Shell to deliver Oman’s first carbon-neutral LNG cargo from Oman LNG’s world-class facility in Qalhat, Sur, Times of Oman reports. “The cargo is the first carbon-neutral LNG from the Middle East using nature-based carbon credits to offset full lifecycle CO2 emissions generated across the […]