NewMed (formerly Delek Drilling), developer of Leviathan and Tamar gas fields, and Enlight Energy to make push for green energy generation in region, including Saudi Arabia, Oman Israeli energy companies Enlight Energy and NewMed Energy, formerly Delek Drilling (part of Yitzhak Tshuva’s Delek Group), announced a plan this week to jointly develop, bankroll, build, and […]
Amazon’s First MENA Renewable Energy Project Kicks Off in the UAE
Amazon’s DXB3 solar rooftop in Dubai South is estimated to shrink CO2 emissions by 2,500 tonnes each year. Amazon has announced the first step on its sustainability roadmap across the Middle East and North Africa (MENA) region, as part of its global commitment to sustainability. The company has inaugurated its first on-site renewable energy project […]
Amazon Launches Rooftop Solar Power Plant
The 5,565-panel rooftop will generate on-site solar energy to power 60% of DXB3’s energy demands Amazon has inaugurated its first solar rooftop in the UAE, the first step on its sustainability roadmap across the Middle East and North Africa (MENA) region, as part of its global commitment to sustainability. The plant Amazon’s first on-site renewable […]
Helios to Invest $1bn in The UAE’s First Solar Powered Green Ammonia Hub
New facility will be built in phases and aims to produce 200,000 tonnes of green ammonia to export to regional and international markets. According to Helios Industry, the newly announced facility will be the first production plant within Abu Dhabi to produce green ammonia from hydrogen using renewable energy. Khalifa Industrial Zone Abu Dhabi (KIZAD), […]
Dubai Inaugurates Green Hydrogen Project at Mohammed Bin Rashid Al Maktoum Solar Park
First-of-its-kind project in the MENA region was developed in collaboration with DEWA, Expo 2020 Dubai and Siemens Energy Government of Dubai Media Office – 19 May 2021: His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Chairman of the Expo 2020 Dubai Higher Committee, has inaugurated the […]
Dubai Inaugurates Green Hydrogen Project at Mohammed Bin Rashid Al Maktoum Solar Park
Under the patronage and presence of Ahmed bin Saeed Al Maktoum ..Dubai inaugurates Green Hydrogen project at Mohammed bin Rashid Al Maktoum Solar Park First-of-its-kind project in the MENA region was developed in collaboration with DEWA, Expo 2020 Dubai and Siemens Energy His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme […]
US, UAE pledge joint effort to finance decarbonisation
On Sunday, the climate dialogue concluded with another statement that was signed by Bahrain, Egypt, Iraq, Kuwait, Qatar, Sudan, the UAE and the United States pledging to accelerate climate action, mobilise investment in a new energy economy and help the world’s most vulnerable cope with climate change. Kerry is also due to visit India, the […]
SunMoney Solar strengthens its Middle East footprint
Deepa Sud is overseeing the head office operations based in the UAE and strengthening their presence in the MENA region and India through strategic partnerships and new initiatives with investors Dubai, United Arab Emirates – SunMoney Solar Group, known for creating and offering investment opportunities in solar energy and its work to build, operate, and […]
APICORP: MENA region holds strong potential for low and zero-carbon sources of energy
Dammam, Saudi Arabia : The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, published today its MENA Power Investment Outlook 2020-2024 highlighting key regional developments and prevalent trends in the power sector over the short and medium terms. Among the report’s key findings is the emergence of the MENA region as a strong […]
In-depth with IFC’s regional director for MENA
The corporation’s support to Egypt included a loan of up to $100mln in July The International Finance Corporation (IFC), a member of the World Bank Group, invested $22 billion in developing countries’ private companies during fiscal year (FY) 2019/2020. The corporation’s support to Egypt included a loan of up to $100 million in July to […]