Middle East Market
EDF and SPIC Secure PPAs for 1,400 MW Solar Projects in Saudi Arabia
EDF Renewables and SPIC signed 25-year agreements for two solar projects totaling 1,400MW in Saudi Arabia, valued at USD 850 million. The projects will power...
Middle East Market | December 06, 2024 | By EI News Network | 2406 readings
ewpartners Invests in United Solar’s USD 1.5 Billion Polysilicon Plant in Oman
ewpartners has committed a multi-million-dollar investment in United Solar’s USD 1.5 billion polysilicon plant in Oman’s Sohar Port Free Zone, supporting...
Middle East Market | December 05, 2024 | By EI News Network | 2041 readings
TotalEnergies Partners with AEW for Major Solar Project in Saudi Arabia
TotalEnergies and AEW have signed a 25-year PPA with SPPC for the Rabigh 2 solar project, contributing to Saudi Arabia's Vision 2030 goals of increasing renewable...
Middle East Market | December 04, 2024 | By EI News Network | 2000 readings
Arab League Launches Common Electricity Market for Regional Integration
The Arab League has initiated the Arab Common Electricity Market to enhance energy cooperation, renewable investments, and regional energy security. Agreements...
Middle East Market | December 03, 2024 | By EI News Network | 2094 readings
Saudi Arabia to Partner with EU on Green Energy and Clean Technology
The Saudi Arabia and EU are exploring a strategic partnership through an MoU focused on renewable energy, clean technology, and carbon capture, aiming to drive...
Middle East Market | December 02, 2024 | By EI News Network | 3247 readings
Masdar Acquires 70 Percent Stake in Terna Energy
Masdar has acquired a 70 percent stake in Terna Energy, Greece's renewable energy leader, for EUR 3.2 billion. The deal boosts Masdar's European portfolio,...
Middle East Market | November 29, 2024 | By EI News Network | 1869 readings
Qatar to Build World's Largest Blue Ammonia Plant, Set to Lead Global Energy Transition
Qatar is set to construct the world's largest blue ammonia plant in Mesaieed, capable of producing 1.2 million tons annually. The plant will use carbon capture...
Middle East Market | November 28, 2024 | By EI News Network | 2085 readings
Kuwait to Partner with China on USD 800 Million Solar Power Project
Kuwait collaborates with China to build Shagaya 3 and 4 solar plants under the IPP model, valued at USD 800 million. A joint venture will oversee financing,...
Middle East Market | November 27, 2024 | By EI News Network | 3132 readings
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 | 1903 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 | 2561 readings
