Masdar and Silk Road Fund Partner to Invest USD 2.8 Billion in RE Projects

Masdar and China’s Silk Road Fund have signed an MoU to co-invest up to USD 2.8 billion in renewable energy projects across Belt and Road Initiative countries,...

Middle East Market | November 26, 2024 | By EI News Network |  1524 readings

Hasa Energy Signs Oman’s First ESCO Contract with MOHUP

Hasa Energy partners with Oman’s Ministry of Housing and Urban Planning in a landmark ESCO agreement to cut energy consumption by 39 percent, aligning...

Middle East Market | November 25, 2024 | By EI News Network |  2085 readings

ACWA Power Partners with Itochu for Global Renewable Energy Projects

Saudi Arabia’s ACWA Power and Japan’s Itochu Corporation have signed an MoU at COP29 to collaborate on renewable energy and environmental infrastructure,...

Middle East Market | November 22, 2024 | By EI News Network |  1768 readings

Egypt Signs MoU for Two Solar Energy Factories to Boost RE Capacity

Egypt has signed an MoU with Global South Utilities and JA Solar to establish two solar energy factories, aiming for a combined 4 GW capacity to support the...

Middle East Market | November 21, 2024 | By EI News Network |  1587 readings

Uzbekistan Signs Battery Energy Storage Deal with ACWA Power at COP29

Uzbekistan has signed an agreement with ACWA Power for up to 2GWh of Battery Energy Storage System (BESS) projects, enhancing renewable energy development....

Middle East Market | November 20, 2024 | By EI News Network |  1541 readings

PURE EV Partners with Arva Electric to Supply Electric Motorcycles in MENA

The agreement between PURE EV and Arva Electric includes an initial delivery of 50,000 units of its flagship models, ecoDryft and eTryst X, over the next two...

Middle East Market | November 19, 2024 | By Aishwarya |  2923 readings

Saudi SPPC Signs USD 9.3 Billion PPAs for Thermal and Solar Energy Projects

Saudi Power Procurement Company (SPPC) inks agreements for 5 energy projects totaling 9,200 MW, including 7,200 MW thermal and 2,000 MW solar. Investments worth...

Middle East Market | November 19, 2024 | By EI News Network |  2020 readings

Masdar Signs PPA for 1GW Wind Farm in Kazakhstan

Masdar inked a PPA for a 1GW wind farm in Kazakhstan’s Jambyl region at COP29, reinforcing UAE-Kazakhstan renewable energy collaboration. Featuring 600MWh...

Middle East Market | November 18, 2024 | By EI News Network |  1450 readings

Egypt Inks Deals for 5,200-MW Renewable Energy Projects

Egypt signed MoUs for 5,200 MW of renewable energy projects, including wind and solar. Coupled with milestones like the Benban Solar Park and Gulf of Suez Wind...

Middle East Market | November 15, 2024 | By EI News Network |  1891 readings

Masdar Signs Agreement With Ministry of Energy Uzbekistan to Develop 1GW Wind Farm

This new wind farm will create 1,000 jobs during construction and 60 jobs during operation. Once completed, it will deliver clean energy to 300,000 homes in...

Middle East Market | November 15, 2024 | By News Bureau |  1307 readings