The Ministry of Economy has today announced that three companies specialised in clean energy technology from China and the United States have joined the NextGenFDI programme, underlining the status of the UAE as a platform for pioneering enterprises and ideas. The companies, which specialise in innovative storage and generation solutions, will contribute to advancing the UAE’s clean-energy goals and support its transition to a more sustainable, low-carbon economy. The three companies are: Enerflow, a specialist in vanadium flow battery technology, which is promising to lengthen the lifecycles of rechargeable batteries – from four to ten hours – used in clean-energy…
Author: Chitrika
The Dubai Environment and Climate Change Authority (DECCA) signed a Memorandum of Understanding (MoU) with Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority PJSC (DEWA), at GITEX 2024, which runs from 14th to 18th October at Dubai World Trade Center. The MoU promotes sustainable practices across sectors, preserve biodiversity, and expands natural reserves and green spaces in the emirate. The MoU was signed by Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) and Ahmed Mohammed bin Thani, Director General of Dubai Environment and Climate Change Authority…
Egypt and Djibouti signed a bilateral agreement and an executive contract on Tuesday for the construction of a 276.5 kilowatt solar power plant in Djibouti. The agreement, signed via video conference, marks a significant step in the ongoing collaboration between the two countries. The project, to be funded and implemented by Egypt, will see the installation of a photovoltaic power plant in Djibouti. It reflects the growing emphasis on renewable energy solutions in both countries and aligns with Egypt’s established expertise in renewable energy development. The agreement was signed by Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Essmat, and…
JinkoSolar, the global leading PV and ESS supplier, announced a new partnership with Saudi International Power and Water Company (ACWA Power. The two companies recently signed a supply agreement for )by successfully signing a supply contract for approximately 3GW of photovoltaic modules for the Saudi PIF4 project. This collaboration further not only deepens reinforcesthe long-term, mutually beneficial, and high-quality partnership between the two companies, but also underscoresshowcasing JinkoSolar’s leading positionership and strong competitive edgeeness in the global photovoltaic market. Additionally, it, and highlightsting JinkoSolar’sits significant contribution to China’s “Belt and Road” initiative. JinkoSolar and ACWA Power have established a close…
The UAE based clean energy company, Masdar recently signed an agreement with Presight, the a data analytics company powered by generative artificial intelligence (AI), to develop an asset management tool for its renewable energy projects around the globe. Masdar’s renewable projects generate billions of data points every day from the equipment they use, such as solar panels, inverters and wind turbines. This vast amount of data can be analyzed and evaluated to generate valuable insights and enable data-driven decision making. By developing an AI-based asset management tool, Masdar is seeking to digitize its operations worldwide, moving from a reactive model…
UAEV, a joint venture between the UAE Ministry of Energy and Infrastructure (MoEI) and Etihad Water and Electricity (Etihad WE), recently unveiled an initiative to accelerate the UAE’s electric vehicle (EV) infrastructure through a new strategic partnership. The company has signed an agreement with Ras Al Khaimah Transport Authority (RAKTA) to install and operate EV charging stations across the emirate, supporting the nation’s drive towards achieving its Net Zero 2050 Strategy. The agreement, signed by Eng. Yousif Ahmed Al Ali, Board Member of UAEV, and H.E. Eng. Esmaeel Hasan Al Blooshi, Director General of RAKTA, underscores both entities’ commitment to…
Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates’ clean energy powerhouse, has signed agreements with three Norwegian companies that reinforce its longstanding collaborations with the Nordic country. The announcement of the agreements occurred during an official visit to Norway by Abu Dhabi’s Crown Prince HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. During the visit, the UAE-Norway Investment Forum brought together a senior delegation of leaders to discuss bilateral investment opportunities between the two nations. The UAE and Norway have a robust bilateral relationship, fostered by strong leadership and anchored in a shared legacy and…
Eco Wave Power Global AB (publ) (Eco Wave Power) a publicly traded onshore wave energy technology company today announced the signing of an agreement for the sale of the first wave energy generation unit with I-Ke International Ocean Energy Co. (I-Ke), a subsidiary of Lian Tat Company (Lian Tat), a leading maritime engineering company, to bring Eco Wave Power’s wave energy technology to Taiwan.According to the terms of the agreement, I-Ke intends to provide the full financing for the 100KW pilot project, by buying a turnkey conversion unit from Eco Wave Power. This conversion unit for the 100KW wave energy…
Dubai Airports has announced a landmark collaboration with Etihad Clean Energy Development Company, a wholly-owned subsidiary of Dubai Electricity and Water Authority (Dewa), to launch the world’s largest rooftop solar panel installation project at its airport. This phased project, totalling 39MWp of clean energy, which will be fully operational by 2026, involves the installation of 62,904 solar panels across Dubai International (DXB) and Dubai World Central – Al Maktoum International (DWC) airports. Set to generate 60,346MWh power annually, it marks a significant stride toward decarbonising airport operations. The announcement was made in the presence of Sheikh Ahmed bin Saeed Al…
Bahrain’s Deputy Prime Minister, Shaikh Khalid bin Abdullah Al Khalifa, recently inaugurated a new 220 kV electricity transmission station and a water distribution station at the Al Hidd Housing Project. The stations, which together cost $85 million, are part of the government’s efforts to enhance infrastructure and meet the growing demand for essential services in the country, said a report by the Bahrain news agency BNA. The electricity station has a capacity of 360 MVA and is expected to serve nearly 40,000 users in Hidd and surrounding areas by transmitting power from the main electricity grid to the local 66 kV…