Honeywell and RAKBANK has announced a strategic guaranteed energy savings project to help improve energy efficiencies and carbon reduction goals, in support of Ras Al Khaimah’s Energy Efficiency and Renewable Energy (EE&R) Strategy 2040
Energy
Badeel and ACWA Power to develop the MENA region’s largest solar energy plant in Saudi Arabia
The Water and Electricity Holding Company (Badeel), a wholly owned company by the Public Investment Fund (PIF), and ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has signed power purchase agreements to develop a 2,060 MW solar photovoltaic (PV) plant in Al Shuaibah, Makkah province
bp to explore potential for green hydrogen production in Egypt
bp has signed a memorandum of understanding (MoU) with the Government of Egypt under which it will explore the potential for establishing a new green hydrogen production facility in the country
Veolia joins BEEAH Group and Masdar to operate region's first waste to energy plant
Veolia Near & Middle East, the global leader in optimised resource management, BEEAH Group, the Middle Easts sustainability pioneer, and Masdar, the global leader in renewable energy solutions, have formed a joint venture to operate and maintain the Sharjah Waste to Energy Plant – the regions first of its kind at commercial-scale
Renewable power’s growth is being turbocharged as countries seek to strengthen energy security
The global energy crisis is driving a sharp acceleration in installations of renewable power, with total capacity worldwide set to almost double in the next five years, overtaking coal as the largest source of electricity generation along the way and helping keep alive the possibility of limiting global warming to 1.5 °C, the IEA says in a new report