Middle East Market

UAE-Turkey Joins Hands to Explore New Opportunities in RE Sector

As both nations have shared common values, the agreements and partnerships made during the meeting are anticipated to foster economic growth and sustainable...

Middle East Market | August 03, 2023 | By EI News Network 2364 readings

Balexco Joins Forces with Kanoo Cleanmax to Install Solar Energy System in Bahrain

The project is anticipated to have a capacity of 2.177 MW, providing the company to supply 30 percent of its electricity requirements from renewable sources.

Middle East Market | July 27, 2023 | By EI News Network 2231 readings

TotalEnergies Signs Agreement with Rönesans Holding to Develop Renewable Energy in Turkey

Rönesans Enerji is currently operating a portfolio of 166 MW hydro assets. The company has as well secured a pipeline of more than 700 MW of wind, photovoltaic,...

Middle East Market | July 27, 2023 | By News Bureau 1980 readings

UAE’s Masdar Introduces First USD 750 Million 10-Year Green Bond to Deploy Green Projects

Align with Masdar’s Green Finance Framework, net proceeds from this bond and future offerings will be utilised to outlay in ‘dark green’ renewable...

Middle East Market | July 21, 2023 | By EI News Network 2226 readings

ADNOC to Launch First High-Speed Hydrogen Refueling Station in Middle East

The station, which is being built in Masdar City by ADNOC, will create clean hydrogen from water, using an electrolyser powered by clean grid electricity.

Middle East Market | July 19, 2023 | By News Bureau 2001 readings

ACWA Power Signs MoU with NREA to Allocate Land for 10 GW Wind Project in Egypt

The wind project is expected to generate around 50 thousand gigawatt-hours of clean energy annually, providing electricity to around 11 million households and...

Middle East Market | July 19, 2023 | By News Bureau 1944 readings

ACWA Power Consortium Invests USD 2.2 Billion for Deploying Al-Shuaibah Solar Projects

By Q4 of 2025, the 2,060 MW solar photovoltaic project is expected to begin operating for profit.

Middle East Market | July 18, 2023 | By EI News Network 2090 readings

Kanokpan Lao-Araya Joins ADB as New Country Director for Uzbekistan

Lao-Araya, who started the role, will lead ADB’s operations in Uzbekistan and supervise the preparation and implementation of the bank’s new country...

Middle East Market | July 18, 2023 | By News Bureau 2031 readings

Garanti BBVA Launches New Fund to Expedite Investments in RE Sector in Turkey

As per Garanti BBVA estimates, by 2035, renewable energy plants will form around 74 percent of Turkey’s overall installed capacity, targeting to attain...

Middle East Market | July 17, 2023 | By EI News Network 2312 readings

Toyota Tsusho Forays in Saudi Arabia with Solar Power Project Worth USD 100 Million

This solar plant marks Toyota Tsusho’s inaugural renewable energy project in Saudi Arabia and will work under a build, own, operate mode.

Middle East Market | July 15, 2023 | By EI News Network 2380 readings

 
 
 
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