Middle East Market
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 | 2174 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 | 1815 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 | 4707 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 | 2017 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 | 1751 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 | 2486 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 | 1668 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 | 1650 readings
Egypt to Add 3 GW of Solar and Wind Power by Summer 2025
Egypt's Ministry of Electricity and Energy plans to add 3 GW of solar and wind power by mid-2025. Private sector firms will lead these projects, with investments...
Middle East Market | September 17, 2024 | By EI News Network | 2907 readings
UAE Invests Over AED 45 Bn in Clean Energy Projects
UAE has achieved 27.83 percent clean energy contribution, aiming for 32 percent by 2030. With 6.1 GW renewable capacity and AED 45 billion in projects, the...
Middle East Market | September 16, 2024 | By EI News Network | 2105 readings
