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According to the press release, Dubai Electricity and Water Authority (DEWA), announced that Phase 4 of the 950-megawatt capacity of Mohammed bin Rashid Al Maktoum Solar Park is 92% complete.
According to the media report, Seven bidders have submitted proposals to Bahrain’s EWA, Ministry of Electricity and Water Affairs for the 72-megawatt, multi-site, grid-tied solar PV project.
An official statement from Netline said, a Pakistani provider of critical power and energy solutions, are currently designing solar projects for the zero-carbon city Saudi Arabia, their intention is to build it in NEOM, mentioned the report.
For the first time over 60% of the total power demand was delivered from renewable and clean energy sources, announced [EWEC] Emirates Water and Electricity Company of UAE.
AMEA Power is the majority shareholder in the $120mn project, and has partnered with a consortium wholly owned by African women, formed by Ziyanda Energy and Dzimuzwo Consulting, stated the media.
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside of oil and gas, has agreed to supply CelestiAL solar aluminium to Kobe Steel, according to the report.
According to the media, the Cabinet of Egypt approved a number of proposals to support the deployment and use of green hydrogen and renewable energy in different regions of the country.
Climate change tops the list of long-term concerns for banks, according to the 11th EY and Institute of International Finance (IIF) bank risk management survey, "Resilient Banking: Capturing Opportunities and Managing Risks Over the Long Term."
The Board of Directors of the Arab Gulf Programme for Development (AGFUND) held its semi-annual meeting last week to discuss and approve development projects.
