ACWA Power Partners with Japan's Sumitomo for RE Projects in Uzbekistan

ACWA Power and Japan's Sumitomo Corporation have joined hands to develop USD 4.2 billion worth of solar and wind energy projects in Uzbekistan, including the...

Middle East Market | October 01, 2024 | By EI News Network |  1519 readings

French Firm to Set Up Solar Desalination Plant in Kuwait

A French renewable energy firm, OSMOSUN, has proposed a solar-powered desalination plant for Kuwait, capable of producing 50,000 cubic meters of water daily....

Middle East Market | September 29, 2024 | By EI News Network |  2203 readings

Egypt Aims for 42 Percent Renewable Energy by 2040

During the BRICS Energy Ministers Conference, Egypt’s Electricity Minister Mahmoud Esmat announced plans to achieve 42 percent renewable energy by 2040...

Middle East Market | September 27, 2024 | By EI News Network |  1913 readings

Masdar Expands RE Portfolio with USD 762 Mn Acquisition of Saeta Yield

Masdar, Abu Dhabi's clean energy company, has signed a USD 762 million deal to fully acquire Spain’s Saeta Yield. The acquisition adds 745 MW of renewable...

Middle East Market | September 26, 2024 | By EI News Network |  1426 readings

Jordan Introduces Solar Rebate Plan for Residential Installations

Jordan's Ministry of Energy has launched an USD 11.2 million rebate plan, covering up to 30 percent of the costs for rooftop PV and solar thermal systems. Expected...

Middle East Market | September 25, 2024 | By EI News Network |  3683 readings

9th Arab Renewable Energy Congress Focusses on RE Expansion

The 9th Arab Renewable Energy Congress in Amman will unite participants from 13 countries to discuss advancements in renewable energy, green education, and...

Middle East Market | September 24, 2024 | By EI News Network |  1754 readings

Acwa, Total, Masdar Compete for Oman’s Key Wind Energy Projects

Nama Power and Water Procurement Company (Nama PWP) has shortlisted global developers, including Acwa Power and Masdar, for five large-scale wind energy projects...

Middle East Market | September 23, 2024 | By EI News Network |  1448 readings

Enercap Partners with Phelan Green Energy for 1.5 GWh Energy Storage System

UAE-based Enercap has partnered with Phelan Green Energy to implement a 1.5 GWh Supercap energy storage system, enhancing solar energy storage and efficiency....

Middle East Market | September 20, 2024 | By EI News Network |  2169 readings

Saudi Arabia Commits USD 5 Bn to Egypt, Focusses on RE and EV

Saudi Crown Prince announced a USD 5 billion investment in Egypt, focussing on renewable energy, food security, and electric vehicle production. The meeting...

Middle East Market | September 19, 2024 | By EI News Network |  1387 readings

Middle East Set to Reach USD 75 Bn in RE Projects

The Middle East is set to reach USD 75 billion in renewable energy investments by 2030. This funding will boost solar, wind, and hydrogen projects while the...

Middle East Market | September 18, 2024 | By EI News Network |  1403 readings