Middle East Market

Saudi Arabia Advances in Hydrogen Exports, Expands Renewable Capacity

Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, announced the kingdom’s position as the top producer of green hydrogen, ready for export....

Middle East Market | October 30, 2024 | By EI News Network 1575 readings

Saudi Arabia to Manufacture Steel Towers for Wind Energy

Saudi Arabia is set to manufacture steel towers for wind energy systems locally, following agreements with Al-Yamamah Steel Industries and Arabian International...

Middle East Market | October 29, 2024 | By EI News Network 1916 readings

GCC Reaffirms Commitment to RE and Carbon Neutrality Goals

GCC Secretary General Jasem Al-Budaiwi, speaking at Saudi Arabia's energy forum, emphasised Gulf nations' commitment to achieving renewable energy, carbon neutrality,...

Middle East Market | October 28, 2024 | By EI News Network 1536 readings

Arctech Secures 2.3 GW Solar Tracker Supply Deal with China Energy Engineering for Saudi Project

Arctech, a Chinese firm providing solar tracking solutions, has secured a 2.3 GW supply contract with China Energy Engineering Group for ACWA Power’s...

Middle East Market | October 25, 2024 | By EI News Network 1873 readings

Pearl Group Partners with TotalEnergies for Solar PV Installation in UAE Facilities  

Pearl Group has partnered with TotalEnergies to install solar photovoltaic (PV) systems at three production facilities in the UAE, reducing carbon emissions...

Middle East Market | October 24, 2024 | By EI News Network 1348 readings

UAE and Rajasthan Collaborate for 60 GW RE Project

UAE has signed a memorandum of understanding with the Rajasthan government in India for INR 3 lakh crore investment in renewable energy, aiming to develop a...

Middle East Market | October 23, 2024 | By EI News Network 2317 readings

Hithium to Set Up 5 GWh BESS Production Facility in Saudi Arabia

Hithium has entered a joint venture with MANAT to establish a 5 GWh Battery Energy Storage System (BESS) manufacturing facility in Saudi Arabia.

Middle East Market | October 23, 2024 | By Mrinmoy Dey 1536 readings

Egypt Lowers 2040 Renewable Energy Target

Egypt reduced its renewable energy goal for 2040 from 58 percent to 40 percent, prioritising natural gas as a key energy source. Petroleum Minister Karim Badawi...

Middle East Market | October 22, 2024 | By EI News Network 1584 readings

Masdar, EDF, and Nesma Form Joint Venture for 1,100 MW Saudi Solar Project

The European Commission approved a joint venture between Masdar, EDF, and Nesma to develop a 1,100 MW solar plant in Saudi Arabia. The project will focus on...

Middle East Market | October 21, 2024 | By EI News Network 2123 readings

SERES Inaugurates its First Luxury EV Showroom in Dubai with Green Motors

Located on Sheikh Zayed Road in Dubai, the new showroom marks a major milestone for luxury electric vehicles in the region, strengthening SERES' global presence.

Middle East Market | October 21, 2024 | By Aishwarya 1513 readings

 
 
 
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