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 |  1829 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 |  1786 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 |  2482 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 |  1744 readings

JinkoSolar Secures Major Supply Agreement for 3 GW of Solar Modules in Saudi Arabia

JinkoSolar has secured a supply agreement to deliver approximately 3 GW of its TOPCon solar modules to Saudi Arabia, covering projects like the 1.2 GW Haden...

Middle East Market | October 18, 2024 | By EI News Network |  1779 readings

Saudi Arabia’s Forward7 and Sistema.bio Partner for Clean Energy Projects in Nepal and Indonesia

Saudi Arabia’s Forward7 Initiative, in partnership with Sistema.bio, is set to install 800 subsidised biogas units for smallholder farmers in Nepal and...

Middle East Market | October 17, 2024 | By EI News Network |  2483 readings

Saudi Arabia and Philippines Sign Cooperation Agreement in Energy Sector

Saudi Arabia and the Philippines have signed an energy cooperation agreement to collaborate on petroleum, gas, renewable energy, and energy efficiency. The...

Middle East Market | October 16, 2024 | By EI News Network |  1783 readings

Iran Aims to Boost RE Capacity to 50 GW in Five Years

Iran’s energy minister, Abbas Aliabadi, announced plans to increase renewable energy capacity to 50 GW within five years. The government will offer loans...

Middle East Market | October 15, 2024 | By EI News Network |  2138 readings

Etihad Rail Signs Solar Agreement with Masdar JV to Solarise Freight Terminal

Etihad Rail has partnered with Emerge, a joint venture between Masdar and EDF Group, to solarise its Ghuweifat freight terminal. The project will generate 85...

Middle East Market | October 11, 2024 | By EI News Network |  1674 readings

MENA Region to Triple Renewable Capacity by 2030, Boosting Solar, Wind, and Hydrogen

According to IEA's 'Renewables 2024' report, the MENA region’s renewable capacity is projected to triple by 2030, driven by solar PV and onshore wind....

Middle East Market | October 10, 2024 | By EI News Network |  2394 readings