Renewable & Clean Energy

Middle East Energy 2024

Powering the Future: Unveiling the Blueprint for Energy Transformation at Middle East Energy 2024

Unleashing a Symphony of Energy: Middle East Energy 2024 Orchestrates Growth and Sustainability The Grand Stage Awaits: Prepare to step into the pulse of the energy revolution. Middle East Energy 2024, taking center stage at the Dubai World Trade Centre from April 16 to 18, promises to be the most expansive and impactful gathering of the region’s energy ecosystem yet. Across 19,500 sqm of exhibition space, over 1,200 leading companies from...
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Electric Vehicle Company Launched by PIF and Saudi Electricity Company

Electric Vehicle Company Launched by PIF and Saudi Electricity Company

In a strategic move towards sustainable mobility, the Public Investment Fund (PIF) and Saudi Electricity Company (SEC) have jointly announced the establishment of the Electric Vehicle Infrastructure Company. This initiative aims to revolutionize electric vehicle (EV) adoption in Saudi Arabia by delivering state-of-the-art EV fast-charging infrastructure. PIF will hold a majority stake of 75%, with SEC owning the remaining 25%. The Unveiling of th...
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Jordan Shows Impressive Renewable Power Resources

Jordan Shows Impressive Renewable Power Resources

A recent government report highlights Jordan’s commendable progress in the realm of renewable energy, with approximately 27 percent of its electricity generated from renewable sources in 2022. Despite the dominance of gas power plants, contributing to 68 percent of the total power generation, the country is on a mission to significantly expand the role of renewables, targeting nearly half of the total energy mix. The Current Landscape The M...
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DEWA ACWA Solar Desal Image

DEWA & ACWA Sign Agreements for Largest Solar-Powered Desalination Plant

In a groundbreaking development, Dubai Electricity and Water Authority (DEWA) has officially inked a 30-year Water Purchase Agreement (WPA) and a Shareholder Agreement with Saudi Arabia’s ACWA Power for the first phase of the Hassyan Sea Water Reverse Osmosis (SWRO) desalination project. This project, utilizing solar power and adopting the Independent Water Producer (IWP) model, is set to become the world’s largest solar-powered desalination...
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Air Products and Acwa Power to Develop $5bn Green Hydrogen Plant in Saudi Arabia

In a groundbreaking collaboration, US-based Air Products and local powerhouse Acwa Power have formalized their commitment to develop a colossal $5bn hydrogen-based ammonia plant in Saudi Arabia. The memorandum of understanding (MoU) signed between the two entities marks a significant step toward the realization of this ambitious project, set to be situated within the $500bn Neom development on the Red Sea Coast—a key megaproject under the Kingd...
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Oman Commits to 1GW Manah Solar Projects

Oman Power & Water Procurement Company (OPWP) is steadfast in its commitment to advance the ambitious Manah photovoltaic (PV) solar independent power producer (IPP) projects, with plans to issue tender documents for the 500-600MW Manah 1 and Manah 2 projects in July. Pressing Forward Despite Challenges Despite initial delays attributed to the global impact of the Covid-19 pandemic, OPWP is now gearing up to propel the Manah PV IPPs forward. T...
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Saudi Arabia Prepares to Announce World Record Solar Tariff Project

In a significant move toward sustainable energy, Saudi Arabia is gearing up to unveil a groundbreaking solar project boasting a world-record low tariff. The revelation comes from Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, who made the announcement during a virtual conference organized by the kingdom’s Future Investment Initiative Institute (FII-I). Advancing Solar Innovation Prince Abdulaziz expressed confidence that the...
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Acwa Power Reaches Financial Close for Dubai 900MW Solar Project

In a significant milestone for sustainable energy, the consortium led by Saudi Arabia’s Acwa Power has successfully achieved financial close for the planned $564m 900MW fifth phase of the Mohammed bin Rashid al-Maktoum solar park in Dubai. The consortium, demonstrating resilience amid challenges, signed all the project finance agreements with nine lenders, solidifying the project’s financial foundation. This solar endeavor initially g...
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