Safeguarding Sustainability: Risk Management in Energy Investments
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Safeguarding Sustainability: Risk Management in Energy Investments

According to a report by consultancy Wood Mackenzie, $2.7 trillion worth of investments are needed annually to achieve net zero by 2050.

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From Oil to Renewables: Investment Trends in the Middle Eastern Energy Sector
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From Oil to Renewables: Investment Trends in the Middle Eastern Energy Sector

The IEA estimates that by the end of 2024, the Middle East will have invested around $175 in its energy sector. Of which, 15% will be invested in clean energy. In the Announced Pledges Scenario (APS), the region’s clean energy investment will mor...

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Nigeria's Energy Transition Plan: A $410bn Challenge
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Nigeria's Energy Transition Plan: A $410bn Challenge

Nigeria needs $410bn by 2060 for its energy transition plan, aiming for net-zero emissions and improved energy access across the nation.

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Middle East renewable energy investments surge to $75bn by 2030
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Middle East renewable energy investments surge to $75bn by 2030

The Middle East plans to invest $75 billion in renewable energy by 2030, balancing growth with ongoing oil and gas dominance.

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EIB Issues Tender for Morocco Offshore Wind Study
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EIB Issues Tender for Morocco Offshore Wind Study

The EIB has renewed a €2M tender for a Morocco offshore wind study, boosting the country's renewable energy and green hydrogen potential.
 

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Huawei to Build Mini-Grid Standardisation Centre in Nigeria
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Huawei to Build Mini-Grid Standardisation Centre in Nigeria

Huawei is partnering with Nigeria’s REA to build a mini-grid standardisation centre to boost Nigeria’s renewable energy efforts.

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Harnessing Solar Power in Egypt: The Rise of Benban Solar Park
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Harnessing Solar Power in Egypt: The Rise of Benban Solar Park

The concept of Benban Solar Park was initiated in 2015 as part of Egypt's ambitious plan to diversify its energy sources and reduce its carbon footprint. The project is situated over 37.2 square kilometres in the Western Desert, taking advantage of...

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The Synergy of AI and Renewable Energy in Saudi Arabia
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The Synergy of AI and Renewable Energy in Saudi Arabia

Saudi Arabia aims to generate 50% of its energy from renewable sources by 2030, with solar and wind energy playing pivotal roles. According to the Renewable Energy Project Development Office (REPDO), the Kingdom plans to install 27.3 GW of renewable en...

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Saudi Arabia launches world’s largest renewable energy survey
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Saudi Arabia launches world’s largest renewable energy survey

Over 850,000 square kilometres of Kingdom to be mapped by Geographic Survey Project for Renewable Energy with 1,200 stations measuring solar and wind energy. 

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Energy investment in Middle East to reach US$175 billion in 2024
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Energy investment in Middle East to reach US$175 billion in 2024

International Energy Agency report notes rising clean energy investment and burgeoning project pipeline as governments commit to ambitious net zero transition targets amid a fossil fuels dominated landscape.

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Egypt mulls opportunity for integrated Ministry of Energy
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Egypt mulls opportunity for integrated Ministry of Energy

Proposed merger of petroleum and electricity and renewables ministries would optimise global dialogue and unify sector operations and regulations to drive efficiencies.

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Women in Energy: In conversation with Alida Saleh on transformative change
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Women in Energy: In conversation with Alida Saleh on transformative change

In the ever-evolving landscape of sustainability, individuals like Alida Saleh, serving as the Head of Sustainability for JLL in the Middle East and Africa (MEA) regions, stand at the forefront of driving transformative change. With a wealth of experie...

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Women in Energy: In conversation with Dr. Valentina Dedi on the challenges of energy transition
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Women in Energy: In conversation with Dr. Valentina Dedi on the challenges of energy transition

While urgent and imperative, transitioning to cleaner energy sources comes with big hurdles. A leading economist with an extensive background in energy sector consulting, Dr. Valentina Dedi knows how crucial it is to drive strategic decisions among ent...

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Women in Energy: In conversation with Maria Flouda on ESG frameworks and sustainability
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Women in Energy: In conversation with Maria Flouda on ESG frameworks and sustainability

As the founder of Sustainability Switch, a consultancy whose mission is “driving businesses to their sustainable destination,” Maria Flouda has been pivotal in shaping the future of corporate sustainability practices. And with her role as t...

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AFC, SkyPower Sign Agreement for Construction Mega Solar Plant in DRC
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AFC, SkyPower Sign Agreement for Construction Mega Solar Plant in DRC

Last month, the Africa Finance Corporation (AFC), an instrumental infrastructure financier entered into a joint development agreement with UAE-based SkyPower Global for the development of SkyPower’s Green Giant solar power station in the Democrat...

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New green hydrogen MoUs for MENA region
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New green hydrogen MoUs for MENA region

Egypt and Jordan ink new agreements for green hydrogen investment and feasibility studies while Oman’s latest land block auction records strong investor interest

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Women in Energy: In conversation with Dr. Amani Al-Othman on women leading nanotechnology research
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Women in Energy: In conversation with Dr. Amani Al-Othman on women leading nanotechnology research

Dr. Amani Al-Othman is an Associate Professor at the American University in Sharjah. She is leading the energy group at the department of Chemical Engineering at the university. They are working at developing novel coatings for self-cleaning PV-Cells.&...

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Women in Energy: In conversation with Laila Al Hadhrami on her vision for Oman, AI and sustainable cities
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Women in Energy: In conversation with Laila Al Hadhrami on her vision for Oman, AI and sustainable cities

Laila Al Hadhrami is the Executive Director - Oman IT Society; Smart Sustainable Cities Advisor. In this interview, she talks about how Oman can leverage AI responsibly but also how every city in the world can become sustainable.

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Women in Energy: In conversation with Dr. Rahaf Ajaj on driving renewable innovation
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Women in Energy: In conversation with Dr. Rahaf Ajaj on driving renewable innovation

Dr. Rahaf Ajaj, Assistant Professor, Abu Dhabi University, UAE Chapter Leader, Women in Renewable Energy (WiRE) speaks to Energy & Utilities about some of the most pressing issues in the energy sector, explaining further how women can create change in ...

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Charting the Course to Clean Energy – an interview with Herald Bonnici, Founder & Managing Consultant of HB Advisory
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Charting the Course to Clean Energy – an interview with Herald Bonnici, Founder & Managing Consultant of HB Advisory

In the energy landscape, progress demands a delicate dance of innovation and collaboration. From boardrooms to conference halls, Herald Bonnici navigates diverse sectors, witnessing the potential held within a tapestry of technologies - green hydrogen,...

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ACWA Power Signs PPA for Its South African Clean Energy Project
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ACWA Power Signs PPA for Its South African Clean Energy Project

Saudi clean energy leader ACWA Power has signed a power purchase agreement (PPA) for its Project DAO solar plant, a 150MW renewable energy and battery storage system being constructed in Groblershoop, Northern Cape, South Africa.

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TAQA triples its 2030 gross power generation target
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TAQA triples its 2030 gross power generation target

Abu Dhabi National Energy Company PJSC (TAQA) reported its earnings for the period ending 30 September 2023 and unveiled revised growth targets in energy and water production sectors, with stake in Masdar raising renewables target; growing UAE transmis...

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Hydrogen and Sustainability are hot topics of seminars at WETEX
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Hydrogen and Sustainability are hot topics of seminars at WETEX

The big energy and water show in Dubai this week offers sponsored seminars covering all sectors; hydrogen and sustainability discussed at length by reps from ACWA Power, ENOC, ENOC Link & Siemens Energy

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First set of wind turbines reaches NEOM Green Hydrogen Company site
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First set of wind turbines reaches NEOM Green Hydrogen Company site

Initial delivery of wind turbines to power the world’s largest green hydrogen plant received at the Port of NEOM located in Oxagon, more to arrive before the end of the year, with 250 in total to be installed to power the facility according to the comp...

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SPPC signs PPAs for Tabarjal and Al Henakiyah Solar PV Projects
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SPPC signs PPAs for Tabarjal and Al Henakiyah Solar PV Projects

Multinational consortiums including Masdar, EDF Renewables and Jinko Power signed PPAs for projects, part of the Saudi Vision 2030 and part of Round 4 of NREP; to add 1.5GW solar power

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Solarabic webinar explores digitalization and AI for solar
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Solarabic webinar explores digitalization and AI for solar

Executives of industry leaders ACWA, Huawei, GPM, Above, describe efficiency gains and AI abilities from weather forecasts and algorithms to allowing workers to find specific components in vast networks of machinery

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Oman starts large solar PV plant for desalination at Sur
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Oman starts large solar PV plant for desalination at Sur

Solar plant developed by French multinationals will have yearly production capacity over 32,000 MWh, covering 100 percent of the desalination plant’s consumption during daylight; the largest solar power system for a desalination plant in Oman, company ...

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Pre-COP28 report: triple renewable power and double efficiency by 2030
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Pre-COP28 report: triple renewable power and double efficiency by 2030

Report launched during Abu Dhabi pre-COP event is to inform countries as they prepare for climate summit, calling for bold renewables target and listing key enablers; Arab countries plan to launch new climate initiatives and to speak with one voice at ...

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EETC awards IIoT-based substation contract to Giza Systems
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EETC awards IIoT-based substation contract to Giza Systems

The new project, including a centralised control centre for managing 20 high-voltage substations, is just one of many projects that is being undertaken in Egypt to encourage energy independence, renewable energy sourcing and sustainability

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IRENA head: MENA must play transformative role in new energy landscape
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IRENA head: MENA must play transformative role in new energy landscape

MENA region is focus of IRENA head’s commentary, seeing unique opportunity to ensure world’s emerging energy system accommodates and capitalizes on the region’s abundant renewable energy potential and strategic proximity to major global markets; securi...

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SPPC announces winning bidders for four conventional IPP projects
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SPPC announces winning bidders for four conventional IPP projects

Each of four projects received five bids and they are expected to attract investments of around $7.8 billion, winning consortiums will develop each project on a BOO basis; PIF head says Kingdom moving to 50% renewables by ‘30

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SEC signs $3 billion international syndicated facility agreement
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SEC signs $3 billion international syndicated facility agreement

The agreement has a five-year tenure with a focus on building smart grids, integrating renewable energy projects, and improving the grid reliability; does not require any guarantee from SEC

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Egypt electric grid to get upgrade with EBRD $174 million loan
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Egypt electric grid to get upgrade with EBRD $174 million loan

Loan to finance upgrade of 500-kV substation (40% EBRD financing) and construction of the 200 km OHL (60% EBRD financing), project linked to the closing of gas-powered power plant (Shoubra El Kheima) under the NWFE initiative

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Miral, Emerge partner to develop a solar project on Yas Bay Waterfront
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Miral, Emerge partner to develop a solar project on Yas Bay Waterfront

Marking the third collaboration between Emerge and Miral, the solar photovoltaic project is located on Abu Dhabi’s Yas Bay Waterfront and will produce 524-kilowatt peak with installation of 920 solar modules; Emerge delivering turnkey solution

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IFC and OCP sign a green loan agreement to build solar power plants
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IFC and OCP sign a green loan agreement to build solar power plants

Financing for two solar power plants will support company’s ambition to use 100% renewable energy in fertilizer production by 2027; aligns with IFC’s food security program and OCP's Green Investment Program

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Electric Vehicle Company launched by PIF and Saudi Electricity Company
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Electric Vehicle Company launched by PIF and Saudi Electricity Company

The Company aims to deliver best-in-class EV fast-charging infrastructure in Saudi Arabia, and will establish its presence in more than 1,000 locations; 5000 fast chargers expected across Kingdom by 2030

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Jordan shows impressive renewable power resources
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Jordan shows impressive renewable power resources

The vast majority of power generated, 68%, came from gas power plants according to a report by the Energy & Minerals Authority although renewables are rising; renewables at 27% in 2022

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UAE Wind Program launched by Abu Dhabi Crown Prince
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UAE Wind Program launched by Abu Dhabi Crown Prince

Wind farms in four locations, with total combined capacity of 100+ megawatts, will power more than 23,000 homes, introducing large-scale, utility wind power to the UAE’s electricity grid; turbines feature latest technology to capture low wind speeds at...

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ADIPEC Hydrogen Conference keeps green hydrogen hopes alive
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ADIPEC Hydrogen Conference keeps green hydrogen hopes alive

Masdar, EDF, NEOM executives - leaders of future hydrogen value chains - focus on plans and funding essential to scale production and fast-track trade flows; seeing huge global market and MENA advantage

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DEWA & ACWA sign agreements for largest solar powered desal plant
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DEWA & ACWA sign agreements for largest solar powered desal plant

According to a statement by DEWA, the plant is highly efficient and will utilize Sea Water Reverse Osmosis and they achieved a world record by receiving the lowest bid per cubic metre of desalinated water.

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TAQA CEO highlights key role of water in decarbonization
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TAQA CEO highlights key role of water in decarbonization

At ADIPEC 2023, Mr. Jasim Thabet engaged in a one-on-one discussion with journalist Hala Gorani, speaking at length about the Gulf region, TAQA’s role in it, reverse osmosis and decarbonization

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AMEA Power Reaches Financial Close on 120MW Tunisian Solar Power Plant
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AMEA Power Reaches Financial Close on 120MW Tunisian Solar Power Plant

The 120-megawatt solar photovoltaic project is the first project under the Tunisian Concession Regime, reaching financial close. The project was awarded to AMEA Power in December 2019 further to an international tender program

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Egypt targets 2GW wind power park on Red Sea coast
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Egypt targets 2GW wind power park on Red Sea coast

Egypt is planning for renewables to contribute to 42 per cent of the country’s total energy needs by 2035

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Ras al-Khaimah invites prequalification for solar projects
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Ras al-Khaimah invites prequalification for solar projects

Ras al-Khaimah (RAK) Municipality has invited contractors and commercial solar leasing companies to prequalify for an aggregated solar tender for distributed solar installations at a variety of locations in the northern UAE emirate

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Masdar acquires 64MW solar plant in Egypt
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Masdar acquires 64MW solar plant in Egypt

The 64MW PV solar plant was commissioned in 2018 and is located in the Benban solar complex, which contains more than 1.4GW of PV solar projects developed under Egypt's ambitious feed-in-tariff (FIT) programme

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Acwa Power sells stake in Bulgarian solar project
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Acwa Power sells stake in Bulgarian solar project

ACF Renewable Energy, a subsidiary of Acwa Power, sold the stake in Acwa Power Karad, the project company for the 60.4MW Karadzhalovo PV project, to Energy Development, an Austrian project developer and investors in the renewable energy sector for an u...

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Acwa Power reaches financial close for Dubai 900MW solar project
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Acwa Power reaches financial close for Dubai 900MW solar project

The consortium led by Saudi Arabia's Acwa Power has signed all of the project finance agreements for the 900MW fifth phase of the Mohammed bin Rashid al-Maktoum solar park in Dubai. Financing agreements have been signed with nine lenders for the $564m ...

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Green hydrogen can become the 'oil of the new era'
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Green hydrogen can become the 'oil of the new era'

In an exclusive interview with Energy & Utilities, Manuel Kuehn, Head of New Energy for Middle East and Africa, Siemens Energy, discusses the reasons why green hydrogen can become the oil of the new era and be the game changer for the energy transition

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Masdar buys stake in eight US renewable energy assets
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Masdar buys stake in eight US renewable energy assets

UAE-based Masdar has acquired 50 per cent stakes in a 1.6GW clean energy portfolio in the US, which includes three wind energy projects and five PV solar schemes. Masdar has acquired the stake from the North American arm of France's EDF Renewables

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Global Energy & Utilities Digital Week underway
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Global Energy & Utilities Digital Week underway

The inaugural digital week, running from 10-13 August, will harness Informa Markets' global network of 500,000 + energy professionals to provide leading content, debate and solutions for companies and clients across the energy supply chain

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Bidders wait for news on Saudi renewables programme
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Bidders wait for news on Saudi renewables programme

Saudi Arabia's Renewable Energy Project Development Office (Repdo) shortlisted bidders for seven of the eight projects under the second round of the National Renewable Energy Programme (NREP) in April

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Amea Power appoints new management team
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Amea Power appoints new management team

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Oman invites bids for 1GW-plus Manah solar projects
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Oman invites bids for 1GW-plus Manah solar projects

OPWP has issued the request for proposals (RFP) for the planned Manah 1 and 2 solar IPPs, which will each have a capacity of 500MW-600MW. The client has stipulated that a different bidder will be selected for each project.

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Azerbaijan plans pilot programme for floating solar installations
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Azerbaijan plans pilot programme for floating solar installations

Azerbaijan has set a target for renewable energy to contribute 30 per cent of its total energy requirements by 2030. Earlier in 2020, Saudi Arabia's Acwa Power and the UAE's Masdar signed agreements to develop 240MW wind energy and 200MW PV solar energ...

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Major GCC solar project nears financial close
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Major GCC solar project nears financial close

The Marubeni/Total consortium will own a 40 per cent stake in the solar asset, with the government-owned Siraj Solar holding the remaining 60 per cent. Siraj Solar is a joint venture (JV) of utility provider Qatar Electricity & Water Company (QEWC) and...

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Ducab commissions head office solar plant
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Ducab commissions head office solar plant

The 2MW PV solar installation at Ducab's head office in Jebel Ali will have the capacity to produce 3.5GWh of electricity a year, which is enough energy to run the Ducab PVC plant on site or meet the energy requirements of 500 homes

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Air Products and Acwa Power to develop $5bn green hydrogen plant in Saudi Arabia
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Air Products and Acwa Power to develop $5bn green hydrogen plant in Saudi Arabia

Planned $5bn hydrogen-based ammonia plant will be developed at the $500bn Neom development on the Red Sea coast of the kingdom. The project will be powered by more than 4GW of renewable energy, and will be able to produce 1.2 million tonnes per year of...

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Oman commits to 1GW Manah solar projects
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Oman commits to 1GW Manah solar projects

State utility is planning to issue request for proposal (RFP) for 500-600MW Manah and Manah 2 projects in July

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Prequalification documents issued for Uzbekistan solar IPP
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Prequalification documents issued for Uzbekistan solar IPP

Uzbekistan's Ministry of Energy received expressions of interest from 54 groups earlier this year for the planned 200MW Sherabad solar IPP. The MOE is pushing ahead with the project in partnership with the Ministry of Investments and Foreign Trade (MIF...

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Saudi Arabia prepares to announce world record solar tariff project
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Saudi Arabia prepares to announce world record solar tariff project

Saudi Arabia received best and final proposals for the 600MW Fasiliyah PV IPP under the second round of its National Renewable Energy Programme (NREP) in April.

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Technology focus: the rise of bifacial solar in the Middle East’s power sector
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Technology focus: the rise of bifacial solar in the Middle East’s power sector

Energy & Utilities has a look at the rapid growth of bifacial solar technology in some of the Middle East's largest solar projects

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Tunisia awards 16 solar projects
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Tunisia awards 16 solar projects

The Tunisian Ministry of Industry, Energy and Mines has selected winners for 16 photovoltaic (PV) solar projects for a 70MW tender. Under the programme, six developers will build and operate 10MW PV IPPs, with ten developers to develop 1MW facilities

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Apicorp acquires stake in Jordan’s Tafila Wind IPP
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Apicorp acquires stake in Jordan’s Tafila Wind IPP

Multilateral investment bank has acquired a 20 per cent stake in the 117MW Tafila Wind IPP, marking the bank’s first equity investment in Jordan

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Apicorp forecasts $792bn investment in Mena energy sector over next five years
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Apicorp forecasts $792bn investment in Mena energy sector over next five years

The Arab Petroleum Investments Corporation (Apicorp) estimates that planned and total investments in the Middle East and North Africa (Mena) energy sector will reach $792bn in the 2020-2024 period, marking a $173bn drop on the group’s last five-year fo...

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Myanmar sets July deadline for 1GW PV solar programme
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Myanmar sets July deadline for 1GW PV solar programme

Myanmar's Ministry of Electricity & Energy is seeking private developers to build and operate up to 1GW of photovoltaic solar capacity at up to 30 sites around the country. The solar plants will be developed under build-own-operate (BOO) contracts

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Masdar signs power purchase agreement for Uzbekistan wind project
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Masdar signs power purchase agreement for Uzbekistan wind project

UAE energy firm Masdar will develop 500MW wind IPP in the Navoi region of Uzbekistan. Masdar was awarded a contract to develop a 100MW PV solar project in the Eurasian country in November 2019

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Abu Dhabi receives bids for waste-to-energy plants
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Abu Dhabi receives bids for waste-to-energy plants

Musaffah and Al-Ain waste-to-energy plants will be developed through an independent power producer (IPP) model and able to handle up to 1.5 million tonnes of waste a year, generating 150MW of electricity

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Denmark plans 1.3GW green hydrogen project to be powered by offshore wind
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Denmark plans 1.3GW green hydrogen project to be powered by offshore wind


Six of Denmark's largest companies are working on plans to develop a 1.3GW green hydrogen scheme which would be powered by one of the world's largest offshore wind farms

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Consultants prepare proposals for Abu Dhabi waste-to-energy plants
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Consultants prepare proposals for Abu Dhabi waste-to-energy plants

Waste-to-energy plants will be developed through an independent power producer (IPP) model and able to handle up to 1.5 million tonnes of waste a year, generating 150MW of electricity

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Abu Dhabi sets target for PPA signing for 2GW solar project
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Abu Dhabi sets target for PPA signing for 2GW solar project


World record low tariff was submitted in April for the planned Al-Dhafra PV solar IPP in Abu Dhabi

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Solar energy can power healthcare sector during pandemics
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Solar energy can power healthcare sector during pandemics

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Bidders wait for Saudi 600MW solar independent power project
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Bidders wait for Saudi 600MW solar independent power project

Two consortiums submitted best and final offers for 600MW Fasiliyah PV IPP on 19 April

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