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
