During the 2025 World Economic Forum [1] in Davos, Egyptian Minister of Planning and Economic Development, Rania Al-Mashat, and Samaila Zubairu, CEO of the Africa Finance Corporation (AFC), held a significant meeting to discuss renewable energy investments. As co-chairs of the Mobilising Investment for Clean Energy in Emerging Economies (MICEE) network, they focused on mobilizing […]
Hours into his second presidency, USA’s 47th President Donald Trump has signed a series of executive orders that significantly impact the renewable energy sector [1] in the United States. These orders mark a shift in energy policy, focusing on expanding fossil fuel production and rolling back previous climate initiatives. Renewable energy companies have reacted with […]
PowerGen Renewable Energy [1], in collaboration with leading international investors, has launched a scalable renewable energy platform aimed at deploying 120 MW of renewable power and battery energy storage solutions across Africa. The initiative is poised to provide clean and reliable electricity to underserved communities, transforming socio-economic conditions across the continent. The platform is supported […]
Albania, Italy, and the United Arab Emirates (UAE) have signed a tripartite strategic partnership [1] agreement on renewable energy and energy infrastructure. The agreement was signed in Abu Dhabi during the Abu Dhabi Sustainability Week, in the presence of UAE President Mohamed bin Zayed al Nahyan, Italian Prime Minister Giorgia Meloni, and Albanian Prime Minister […]
A new report released by the Middle East Solar Industry Association [1] (MESIA) during the World Future Energy Summit 2025 in Abu Dhabi highlights the UAE’s leadership in the regional solar energy sector. The report, titled “Solar Outlook Report 2025,” outlines the rapid growth of solar energy in the Middle East and North Africa (MENA) […]
In a significant move towards enhancing clean energy access across Africa, the African Development Bank (AfDB), PowerGen Renewable Energy, and several international partners have launched a transformative renewable energy platform. This initiative aims to deploy 120 MW of renewable power, including battery energy storage solutions, across the continent. The platform is a collaboration between PowerGen, […]
The United Arab Emirates-based clean energy firm Masdar has signed a $15 billion landmark deal [1] with the Philippines to develop up to 1 gigawatt (GW) of renewable energy projects by 2030. This agreement, signed during the Abu Dhabi Sustainability Week 2025, aims to support the Philippines’ goal of increasing the share of renewable energy […]
The United Arab Emirates’ state-owned renewable energy company, Masdar, has announced a groundbreaking $6 billion project [1] aimed at delivering reliable clean power. The project, unveiled during Abu Dhabi Sustainability Week, is designed to generate 1 gigawatt (GW) of uninterrupted renewable energy. Sultan Al Jaber, chairman of Masdar and UAE Minister of Industry and Advanced […]
Saudi Arabia’s ACWA Power has made a significant move into China’s renewable energy market with two major agreements worth $312 million [1]. These agreements mark a substantial step in ACWA Power’s global expansion strategy and highlight its commitment to supporting China’s clean energy transition. The first agreement involves a 132-megawatt solar photovoltaic (PV) portfolio in […]
Suhail Al Mazrouei, the UAE Minister of Energy and Infrastructure, recently announced that the UAE has become the fastest-growing clean energy market in the region [1]. Speaking at Abu Dhabi Sustainability Week, Al Mazrouei emphasized the UAE’s leading role in clean and renewable energy, which is crucial for stabilizing global energy markets and driving sustainable […]
Germany is taking a significant step towards renewable energy with the installation of solar systems [1] along motorways near the Garzweiler open-pit lignite mine in North Rhine-Westphalia. The Garzweiler open pit mine has been operational for over a century and is expected to continue functioning until 2045. However, the mine’s future land use and reclamation […]
Illinois lawmakers passed a bill aimed at boosting the development [1] of renewable energy generation. The legislation, which passed the Senate 39-16 and the House 74-39, is seen as a crucial step towards addressing the state’s clean energy goals. However, critics argue that the bill was only a fraction of the version of what they […]
During the 15th International Renewable Energy Agency (IRENA) Assembly held in Abu Dhabi, Her Excellency Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment, emphasized the UAE’s commitment [1] accelerating the global energy transition. In her address, Dr. Al Dahak highlighted the UAE’s ambitious targets, including doubling its clean and renewable […]
Arizona Public Service Company (APS), the largest electric utility in the state, has secured a conditional commitment [1] for a loan guarantee of up to $1.81 billion from the U.S. Department of Energy’s Loan Programs Office (LPO). This loan will fund investments in new or upgraded transmission projects, renewable power generation, and grid-integrated energy storage […]
The International Renewable Energy Agency (IRENA) has issued a stern warning [1] that the world is currently off track in meeting its renewable energy targets. Despite a record surge in renewable energy capacity in 2023, the current growth rate is inadequate to achieve the ambitious goal of tripling this capacity by 2030—a target crucial for […]
Silfab Solar Inc., a leading manufacturer of high-performance PV modules, has announced a multi-year partnership with Pivot Energy [1], a national renewable energy provider. The agreement entails Silfab supplying 350 megawatts (MW) of commercial PV modules over a two-year period, starting in the second quarter of this year. The partnership is part of Silfab’s strategy […]
SPR (Solar Panel Recycling.com) has unveiled the first automated recycling line [1] designed specifically for bifacial solar panels in the United States. This innovative technology promises unprecedented efficiency, achieving clean glass separation at 99% or higher recovery rates. Bifacial modules, expected to dominate over 70% of the global market by 2033, are favored for their […]
As part of Egypt’s broader strategy to harness its mineral wealth and reduce reliance on fossil fuel electricity sources, they are set to prioritize mining and renewable energy projects [1] in 2025. The country’s Petroleum and Mineral Resources Minister, Karim Badawi, announced these plans during a session in Egypt’s Senate, emphasizing the launch of a […]
President-elect Donald Trump has made his intention clear [1], to halt the construction of wind turbines during his upcoming term. This policy, if implemented, could jeopardize billions of dollars in planned wind projects. Trump made this declaration during a press conference at his Mar-a-Lago resort in Florida, where he criticized wind power as being expensive […]
Enlight Renewable Energy announced the successful completion [1] of its flagship Atrisco Solar & Energy Storage project located outside Albuquerque, New Mexico. The project, which includes a 364 MW solar generation unit and 1.2 GWh of energy storage capacity, reached full commercial operation in November 2024. The Atrisco project is now the largest battery storage […]
Starting January 1, 2025, Chicago has successfully transitioned [1] its city buildings to 100% renewable energy. This includes over 400 municipal buildings, such as O’Hare International Airport, Midway International Airport, City Hall, 98 fire stations, 81 library locations, and 25 police stations. The city’s real estate portfolio also includes two of the largest water treatment […]
The North American Electric Reliability Corporation (NERC) has warned about the urgent need for new energy resources over the next decade. According to NERC’s 2024 Long-Term Reliability Assessment [1] (LTRA), more than half of North America is at elevated or high risk of energy shortfalls in the next five to ten years. The report highlights […]
AMEA Power, a rapidly growing renewable energy company based in the UAE, has been awarded two significant Battery Energy Storage System (BESS) projects in South Africa [1] through a competitive bidding process. The projects, named Gainfar and Boitekong, are located in the North West Province and each will have a capacity of over 300 megawatt-hours […]
A high-ranking delegation as part of the ‘Maldives Executive Leadership Programme’ [1] visited DEWA’s Sustainability and Innovation Centre at the Mohammed Bin Rashid Al Maktoum Solar Park. The delegation included key officials such as ministers and deputy ministers from Maldives. They were introduced to DEWA’s initiatives in sustainability, clean energy, and renewable energy projects. The […]
Indian Railway Finance Corporation (IRFC) shares surged by 3% following the signing of a Memorandum of Understanding [1] (MoU) with Railway Energy Management Company Ltd (REMCL). This MoU aims to finance renewable energy projects to supply power to Indian Railways. The collaboration between IRFC and REMCL, a joint venture between the Ministry of Railways and […]
The Dubai Electricity and Water Authority (DEWA) has established the Sustainability and Innovation Centre [1] at the Mohammed bin Rashid Al Maktoum Solar Park to promote Dubai’s position as a global hub for clean energy and sustainable technology. The Centre offers a range of scientific and professional programs, training courses, and interactive competitions in collaboration […]
Taiwan has set an ambitious target [1] to reduce greenhouse gas emissions by 30% by 2030, up from the previous goal of 23-25%. The Environment Ministry announced this upgraded target, aiming for a reduction range of 26-30% from 2005 levels. Taiwan’s Environment Minister Peng Chi-ming addressed the wider margin of error stating that it was […]
Saudi Arabia’s ACWA Power has successfully secured $703 million [1] (SR2.63 billion) in financing to develop, operate, and maintain a 1,100-megawatt wind power plant in Egypt’s Suez governorate. The funding was sourced from a consortium of international financial institutions, including the European Bank for Reconstruction and Development (EBRD), African Development Bank (AfDB), British International Investment, […]
The New Jersey offshore wind project, Leading Light Wind, is seeking a second delay due to ongoing supply chain challenges [1]. The project, a collaboration between Chicago-based Invenergy and New York-based energyRE, aims to build up to 100 turbines 40 miles off Long Beach Island, enough to power 1 million homes. The developers have struggled […]
The U.S. Department of Energy has initiated an environmental impact assessment [1] for the proposed Northwest Hydrogen Hub, which was selected as one of seven regional hydrogen hubs in a nationwide competition last year. The assessment aims to evaluate potential environmental risks associated with developing hydrogen projects in the region, which includes Washington, Oregon, and […]
A newly formed American-owned and operated solar cell and module manufacturer, NuVision Solar, has announced its entry into the US market [1]. The company plans to establish a manufacturing facility in West Palm Beach, Florida, with an annual production capacity of 2.5 gigawatts (GW) of heterojunction technology (HJT) solar cells and modules. NuVision Solar aims […]
Indonesia is taking significant strides towards achieving energy self-sufficiency, not just in oil and gas, but also in renewable energy. The country’s Minister of Energy and Mineral Resources, Bahlil Lahadalia, announced that Indonesia is implementing [1] strategic measures to boost renewable energy capacity significantly in the coming years. One of the key initiatives is the […]
Spain-based Brenmiller Europe S.L., a joint venture established to accelerate the commercial rollout of bGen™ thermal energy storage technology across Europe, has appointed Emilio Lopez [1] as its new Board Chairman. Emilio Lopez brings over 25 years of executive leadership experience in the renewable energy and energy efficiency sectors. His extensive expertise spans multiple countries, […]
Vietnam has recently enacted a new Electricity Law [1], which will take effect on February 1, 2025. This law aims to address the challenges faced by Vietnam’s energy sector and create a robust legal framework to support the development of renewable energy. The previous law, which had been in effect for nearly 20 years, was […]
Bilfinger, a leading industrial services provider, has partnered with Cerulean Winds [1] to spearhead the North Sea’s renewable energy transition. Bilfinger will serve as the operations and maintenance (O&M) partner, bringing decades of experience in development planning and a deep understanding of the offshore energy sector. The collaboration focuses on the development of three floating […]
The Emirates Water and Electricity Company (EWEC) has obtained approval to develop [1] four new sites in Abu Dhabi, covering approximately 75 square kilometers, for solar photovoltaic (PV) and wind energy projects. These sites will feature three solar PV plants in Al Faya, Al Khazna, and Al Zarraf, and one wind farm in Sila. This […]
President-elect Donald Trump has expressed strong opposition to offshore wind [1], promising to halt these projects “on Day 1” of his term. This stance threatens the timelines set by eight states—Connecticut, Maine, Maryland, Massachusetts, New York, North Carolina, Rhode Island, and Virginia—that have passed mandates to achieve specific offshore wind power targets. Massachusetts state Sen. […]
Vestas announced [1] a significant order from SSE Generation Limited for the Strathy South wind energy project in Scotland. The order includes the supply, delivery, installation, and commissioning of 35 V162-6.2 MW wind turbines, marking the first deployment of this turbine model in the UK. James Robinson, Vestas UK Country Manager and Sales Director for […]
Solarstrom Grebs GbR, a German private investment company, has announced an ambitious plan to transform unused land [1] into a state-of-the-art solar installation in Brandenburg. This project aims to install a 922 kW community solar farm on 0.7 hectares of previously unused land, providing clean and affordable energy to approximately 250 households in the local […]
Fervo Energy, a leader in next-generation geothermal development, has announced securing an additional $255 million in funding and capital availability [1]. This funding will support the construction of the world’s largest enhanced geothermal systems (EGS) power development. The funding includes $135 million in corporate equity led by Capricorn’s Technology Impact Fund II, along with new […]
Nozomi Energy has announced its largest acquisition to date [1], consisting of 12 operational solar projects with a combined capacity of 312 MW. Nozomi Energy is a Japan-focused renewable energy platform established by Actis. This acquisition brings Nozomi Energy’s total installed capacity to over 400 MW within 18 months of its launch. This progress positions […]
Nexamp, a leading developer of community solar projects, has partnered once again with Walmart to develop 31 new community solar projects [1] across five states in the United States: Maine, Massachusetts, New York, Illinois, and Minnesota. This partnership aims to generate over 120 megawatts (MW) of renewable energy, providing substantial benefits to local communities. The […]
Researchers at the Centre for Material Forming at PLS University in Sophia Antipolis in France, have proposed a unique numerical decision-making framework to protect solar panels from extreme weather conditions. This innovative method combines advanced wind simulations with artificial intelligence and machine learning to optimize individual solar panel angles under strong winds. Unlike previous methods, this […]
Japan will reverse its ten-year-old aim of reducing its reliance on nuclear power in its upcoming Strategic Energy Plan, resulting in the country’s energy policy going forward. “Japan will minimize its dependency on nuclear power” was included to the seventh Strategic Energy Plan in 2014, three years after the Fukushima No. 1 nuclear power plant […]
The U.S. Environmental Protection Agency (EPA) has published final updates to its Recommendations of Specifications[1], Standards, and Ecolabels for Federal Purchasing. These updates aim to assist federal government purchasers and other buyers in selecting more sustainable products, climate-friendly, and contain safer chemical ingredients. This marks the recommendations’ first comprehensive evaluation and expansion in nearly a […]
According to a report released Thursday, India’s transition to electric mobility is increasing, with 1.2 million EV sales and 5% market penetration in FY24. It also stated that collaborations among stakeholders can be fostered with the right policy support and quicker decision-making. According to India’s COP26 pledge to switch to entirely zero-emission vehicles by 2040, […]
The Future of Geothermal Energy, a new analysis from the International Energy Agency (IEA), highlights the need for new technology, wider regulation application, and potential for improved geothermal energy usage. The report says geothermal energy now provides around 1% of the world’s electrical needs. However, next-generation geothermal technologies might provide 15% of the growth in […]
As per the released 2024 edition of the Latin American Economic Outlook (LEO): Financing Sustainable Development, American and Caribbean (LAC) countries should enhance tax collection and expenditure, upgrade public debt management, and mobilise more private resources so as to finance their aspiring development agendas. The 17th edition of the report argues that LAC’s sustainable financing gap […]
Tivolt Electric Vehicles, part of the Murugappa Group’s TI Clean Mobility division, has got together with Tata Power Renewable Energy Limited (TPREL) to advance EV charging infrastructure for commercial vehicles across India. The two companies penned a Memorandum of Understanding (MoU) to leverage Tata Power’s proficiency in EV charging and Tivolt’s expanding presence in the electric small […]
The CEO of energy equipment manufacturing and services company GE Vernova has announced that data centers are progressively targeting natural gas over renewable alternatives such as onshore wind. Scott Strazik stated that this is illustrated in the turbine manufacturer’s “humble” wind order sheet, and does not expect significant interest in onshore wind from the data […]
As a brand new pace towards renewable energy, BP in partnership with JERA, a leading Japanese energy company, developed a new company called JERA Nex bp, which aims to develop offshore wind energy. By 2030, the company plans to invest $5.8 billion. This project highlights the transformation of BP from focusing mainly on oil and […]
The B.C. government has granted approval for nine wind energy projects — including one on Vancouver Island — so as to help power the province’s economy and illuminate 500,000 homes, Premier David Eby declared on Monday. B.C. Hydro opted the wind power projects immediately after gaining a strong response to its call for fresh renewable […]
In a rock chip and soil sampling program at its Tango lithium and Barbara projects in Canada, lately revamped Bayan Mining and Minerals (ASX: BMM) has pointed out high-value gallium potential in assay. Bayan made an announcement last week that it had received assent for modifying company’s name from Balkan Mining and Minerals. The company has […]
Experts from home and abroad at the launch of the Global Development Report 2024 in Beijing on Friday stated that global unity and cooperation are necessary to overcome today’s complex challenges and building a sustainable future for all. As per Sudheendra Kulkarni, founder and chairman of the Forum for a New South Asia, “All these […]
New Delhi Municipal Council (NDMC) has set a target to attain a total renewable energy-based electricity supply in its dominion by Dec 2026, says reports on economic times. NDMC has finalised their prime arrangements with the Solar Energy Corporation of India (SECI) to draw 200 MW of solar power over 25 years, and work is […]
As per the latest IEA-PVPS report, in partially shaded PV generators, string inverters (SINV) can surpass module-level power electronics (MLPE). The technical report, “Performance of Partially Shaded PV Generators Operated by Optimized Power Electronics 2024,” highlights the recent obstacles of partial shading in PV systems and assess the most recent technological transformation for upgrading energy […]
Iberdrola, Spain’s leading electric utility company aims to construct the largest hydroelectric power plant in Western Europe. As per company’s statement, the project will commence from next year on Conso II, a pumped storage power plant, or Giga battery, in the Sil basin in Ourense in the country’s northwestern region of Galicia. The company has lately […]
As part of its progressing renewable energy advancement, ACEN Corporation intends to invest $ 1.5B in an enormous solar farm and energy storage system. Irene Maranan, ACEN senior vice president and head of corporate communications and sustainability stated to the Inquirer about the replacement of the coal plan in Batangas, the 246-megawatt (MW) South Luzon […]
Financier CVC DIF has finalised the marketing of a 170MW operational wind portfolio in Uruguay. The sale of the Cerro Grande and Peralta wind farm projects to Pluspetrol was accomplished by the funds of investor’s DIF Infrastructure V (DIF V) and DIF Infrastructure VI (DIF VI). Consisting of the 72 Enercon E-92 turbines, the portfolio […]
Swedish fast fashion giant H&M has signed a green energy deal [1] with Power Engineering Consulting Joint Stock Company 2 (PECC2) to facilitate its Vietnam-based suppliers’ transition to renewable energy sources. H&M Vietnam and PECC2 signed a Memorandum of Understanding (MoU) to cooperate under the Direct Power Purchase Agreement (DPPA) mechanism. The deal, signed on […]
Solar energy startup Glow has attained $30 million in a recent funding round jointly led by Framework and Union Square Ventures. According to the statement of Glow in a press release, the raised financial resources will be used to decentralize the global energy grid and hasten the adoption of renewable energy in India and all […]
The Indian Energy Exchange (IEX) noted a remarkable hike in electricity trade volumes in November 2024. As per a regulatory filing, IEX attained a trading volume of 9,689 million units (MU) during November 2024, labelling an increase of 15.7 percent year-on-year (YoY). The renewable energy certificate (REC) faced a decline in spite of the hike […]
Commerz Real for its Klimavest sustainable infrastructure investment fund has took over a new 57.6MW wind farm in the Irish midlands. Through the takeover of Moanvane Wind Farm in County Offaly, Klimavest is making its debut into the Irish renewables sector. The wind farm which is stationed about a 90-minute drive west of Dublin has […]
The North African nation is making investments so as to demonstrate itself as a superior in the renewable energy sector with a target of 52% of its total energy attained from renewable sources by 2030. Former Tesco boss, Dave Lewis stated that he has thoughts in granting energy to Great Britain from Morocco. According to […]
In order to achieve East Central Railways’ decarbonization goals and the nation’s net-zero emissions target, O2 Power has penned a Power Purchase Agreement (PPA) to grant 100 MW of renewable energy to East Central Railways. As per the company statement, renewable energy under this pact will be granted from O2 Power’s installed capacity of 360 […]
President-elect Donald Trump has announced plans to establish a National Energy Council aimed at advancing American “energy dominance” on the global stage as he seeks to boost U.S. oil and gas drilling and move away from President Joe Biden’s focus on climate change. The energy council, which will be led by North Dakota Governor Doug […]
The UAE’s clean energy leader has announced the successful completion of its acquisition of a 70% stake in TERNA ENERGY SA, purchasing the shares from GEK TERNA SA and other shareholders. The deal, valued at €20 per share, was finalized following the receipt of all necessary regulatory approvals. The transaction, which values TERNA ENERGY at […]
It is estimated that more than 34 GW of new solar capacity to be installed nationwide setting a record high for US utility solar installation. As per the American Clean Power’s biannual Solar Market Report, the US solar market is anticipated to annually stretch out 37GW of new installations by 2029, thriving at a compound […]
A 300 MW wind-solar hybrid power project by NTPC Limited has been awarded to Sembcorp Industries, through its wholly-owned subsidiary Sembcorp Green Infra Pvt Ltd. The granted project is a segment of NTPC’s 1.2 GW capacity tender. This project constitutes of an Inter-State Transmission System (ISTS) linked hybrid power plant. For the project, Sembcorp acquired […]
As per the report of European business think tank Themis Foresight and Nord/LB, Europe’s economy is lacking $215 trillion essential to accomplish 2050’s net zero target. Even with the availability of adequate capital, Europe’s markets are halted from capital allocation and expansion due to numerous fundamental reasons, encompassing low-risk appetite for renewable energy projects from benefactors and an inefficient […]
In accordance to the SBICAPS Report on Power Sector: Transmission as a Counter-Balance to Evolving Regional Balance of Power, India stand in need of ₹8.2 trillion investment for the advancement of its transmission infrastructure and by 2030, incorporate 500 GW of renewable energy capacity. The report spotlight that in order to meet the targets for […]
As reported by the BloombergNEF(BNEF) in association with the Global Renewables Alliance; By security 24/7 carbon-free electricity (CFE) procurement, The Asia Pacific(APAC) region could possibly be able to attract significant private investment for its energy elevation. According to the report—24/7 Carbon-Free Energy Procurement in APAC: Pathways for Companies and Countries; clean energy procurement from corporates will be a vital funding source for accomplishing […]
The inhabitants of the largest state of Australia is at present encountering an eccentric affair when demanded to opt between the usage of dishwasher or to suffer blackouts as the Australian Government is indicted of stressing Australian citizens of the renewable energy transition. During a severe torrid day, regions of New South Wales has to […]
H&M Group is partnering with Lightsource BP to construct a large-scale solar farm in Texas, USA, as part of their climate goals. The fashion giant has signed a virtual power purchase agreement (VPPA) with global solar leader Lightsource BP for a 125 MW Second Division solar project, which will play a significant role in reducing […]
China is increasing its coal power production, despite advancements in renewable energy, primarily due to soaring domestic electricity demand and concerns over energy security. With a record coal mining output of 4.7 billion metric tons in 2023, the country continues to develop new coal-fired power plants, approving 106 gigawatts of new capacity—enough to power the […]
Donald Trump’s recent pledge to halt renewable energy projects on the first day of a potential new presidency has alarmed the clean energy sector, leading to significant drops in renewable energy stocks. Notably, shares of Orsted, Vestas, and Nordex have seen declines of up to 14% and 11%, respectively. Trump’s previous comments about renewable energy, […]
Masdar has entered into a Joint Study Agreement with Sarawak Energy and Gentari to evaluate the feasibility of a large-scale floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. This initiative represents a significant move towards enhancing renewable energy capacity in the state and aligns with Malaysia’s broader clean energy goals. […]
Europe’s natural gas generation and emissions, which were at their lowest in the first three quarters of 2024, are expected to rise significantly as winter arrives. From January to September, electricity production from coal and natural gas decreased by 7.5% compared to 2023, resulting in a 7% drop in power emissions to 928 million metric […]
China is advancing renewable energy initiatives in Africa, highlighted by the presence of a geothermal power plant in Kenya’s Great Rift Valley. The 35-megawatt Orpower 22 project, led by the state-owned company PowerChina and funded by the Chinese firm Kaishan Group for US$93 million, aims to boost Kenya’s geothermal energy output. President William Ruto announced that […]
The Mexican government’s energy plan aims to enhance the capabilities of the state-owned electricity company, CFE, while establishing regulations for private renewable energy producers. Energy Minister Luz Elena Gonzalez announced that private companies will be allowed to increase capacity by 9.6 gigawatts from renewable sources by 2030. The $23.4 billion investment plan includes CFE […]
Pennsylvania has announced an investment of over $6.7 million to support Mitsubishi Electric Power Products, Inc. (MEPPI) in expanding its operations in the Pittsburgh area, which is part of MEPPI’s larger $86 million investment plan. They are planning on building an advanced switchgear factory and increasing facilities for power electronics and testing labs. This project will […]
Oil Prices Rise as OPEC+ Postpones Production Cut Rollback, But Future Stability Remains Uncertain Crude oil prices surged over $1 per barrel following OPEC+’s decision to postpone a planned partial rollback of production cuts, which would have reinstated 180,000 barrels per day starting in December. The group emphasized that any supply increase was contingent on […]
Kanoo Energy has expanded into cleaner energy projects and technologies, driven by increasing demand for energy efficiency in the UAE’s manufacturing sector. Raman Marwaha, General Manager, outlines the company’s strategic initiatives, including investments in high-efficiency gas-based power generation and partnerships with technology providers to help clients implement sustainability programs and reduce emissions. The UAE government’s commitment […]
GE Vernova, Inc. will participate in the ADIPEC 2024 conference from November 4-7 in Abu Dhabi, UAE. ADIPEC, which stands for the Abu Dhabi International Petroleum Exhibition and Conference, is among the largest energy exhibitions in the world showcasing technologies aimed at enhancing reliable, affordable, and secure electricity systems while reducing carbon emissions. GE Vernova’s booth […]
During the Future Investment Initiative conference held in Riyadh from October 29 to 31, Saudi Arabia’s Energy Minister, Abdul Aziz Bin Salman, announced the country’s position as the leading producer of green and clean hydrogen, ready to export it globally. Salman emphasized the nation’s strategy to diversify its economy, enhance value, ensure supply chain flexibility, […]
China has introduced a comprehensive 17-point plan aimed at transitioning to renewable energy while gradually reducing coal usage to enhance energy security and support its climate commitments. The National Development and Reform Commission (NDRC) emphasizes a safe and orderly energy transition across various industries, targeting a renewable energy consumption equivalent to over 1.1 billion tonnes of […]
The Arab Development Establishment (ADE) and Schneider Electric have officially inaugurated their joint venture manufacturing facility, TAQANA Energy Solutions, in Abu Dhabi’s Industrial City. The opening ceremony was attended by key dignitaries, including government officials and industry leaders, and aligns with the UAE’s “Make it in the Emirates” initiative. His Excellency Omar Al Suwaidi […]
Masdar, the UAE’s leading clean energy company, has announced that it is postponing its target of achieving 1 million tons per year of green hydrogen capacity beyond 2030. The firm’s press office indicated that the new target will extend over the next decade, although specific reasons for the delay were not provided. Masdar is actively […]
The construction of Belgium’s first green energy island, Princess Elisabeth Island, is facing significant financial challenges as costs have surged to over seven billion euros, more than triple the initial estimate of 2.2 billion euros. This ambitious project, located 45 km off the Belgian coast, aims to support the country’s shift from fossil fuels to […]
Low Carbon, a UK-based renewable energy investor sold a significant 6 GW battery storage project to S4 Energy in the Netherlands. One of the largest battery storage initiatives worldwide, the project aims to assist in balancing supply and demand as the Netherlands targets a 39% renewable energy mix by 2030 due to challenges in meeting […]
PetroChina plans to close its largest refinery, the Dalian Petrochemical plant, located in downtown Dalian, China, by 2025. This facility, which processes 410,000 barrels of oil per day and represents about 3% of China’s total refinery output, will be relocated following years of pressure from local authorities due to safety concerns and previous incidents in […]
The Nordic power market is set to change its day-ahead pricing method on Tuesday to enhance grid efficiency and facilitate better integration of renewable energy sources. This updated approach involves 12 bidding zones across Norway, Sweden, Denmark, and Finland, interconnected through transmission lines. Traditionally, the four Nordic transmission system operators (TSOs)—Svenska kraftnat, Statnett, Energinet, […]
On a landmark occasion, EWEC (Emirates Water and Electricity Company) and ADNEC Group have signed a strategic partnership agreement to power the ADNEC Centre Abu Dhabi entirely with renewable and clean energy. This initiative marks the venue as the first and largest event space in the Middle East to operate on 100% clean energy, significantly […]
ACWA Power a Saudi company, is a leading private investor in renewable energy and the world’s largest private water desalination company, is expanding its renewable footprint in Africa with the Redstone Concentrating Solar Power (CSP) plant in South Africa that is set to achieve its full 100 MW capacity soon. This milestone, achieved in […]
The International Green & Renewable Energy Conference is a premier gathering of global experts, innovators, and forward-thinkers. Dive deep into the latest advancements in sustainable technologies and renewable energy solutions. Why Dubai? Dubai stands as a beacon for the International Green and Renewable Energy Conference, with a confluence of strategic, infrastructural, and environmental elements that […]
