The UAE Ministry of Energy and Infrastructure launched the Global Energy Efficiency Alliance (GEEA) at COP29, an initiative aimed at doubling global energy efficiency rates annually while significantly reducing carbon …
Energy
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ACWA Power has signed an Implementation Agreement (IA) with the Ministry of Energy (MoE) of Uzbekistan to develop up to 2GWh of standalone Battery Energy Systems capacity (BESS) across the …
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EnergyEnvironmentLatest News
Masdar, SOCAR Green, ACWA: Exploring Offshore Wind Projects in Azerbaijan
by RachelIn an effort to encourage international climate mitigation, Masdar, the UAE’s green energy powerhouse, has signed a Memorandum of Understanding (MoU) with SOCAR Green, a subsidiary of SOCAR dedicated to …
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EnergyFinanceLatest News
ALTÉRRA, GEAPP and Rockefeller Foundation: Global South Clean Energy Transition
by RachelIn an effort to accelerate green energy transition in the Global South, ALTÉRRA, the world’s largest private investment vehicle for climate finance, announced a $30 billion commitment from the UAE, …
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ACWA Power has announced the successful financial close of senior debt facilities worth USD $238 million to finance a key renewable energy project in the Caucasus region. The European Bank …
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Abu Dhabi Future Energy Company PJSC (Masdar) and Albanian Power Corporation, Korporata Elektroenergjitike Shqiptare (KESH) have signed a joint venture agreement to explore the development of gigawatt-scale renewable energy projects …
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The MENA region’s first net-positive mosque has been opened by Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia. The …
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Arab Development Establishment (ADE) and Schneider Electric launched a joint venture manufacturing facility in Abu Dhabi, UAE, this week. According to the two parties, the TAQANA Energy Solutions facility in …
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Energy company Masdar and EMSTEEL, a UAE steel and building materials company, have announced the completion of a pilot project demonstrating the use of green hydrogen to produce green steel. …
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Emirates Water and Electricity Company (EWEC) has announced a strategic partnership with Abu Dhabi National Exhibitions Company (ADNEC) Group to power ADNEC Centre Abu Dhabi with renewable and clean energy. …