Eurasian Resources Group (ERG), a global metals and mining company, has opened a 150 megawatts Khromtau wind farm in Kazakhstan. The project is one of the largest renewable energy facilities in Kazakhstan and Central Asia and required an investment of more than US$142 million. The wind farm is located in the Aktobe Region and includes 24 turbines. The facility will generate more than 500 million kilowatt hours of green energy annually. All in all, the facility will help reduce up to 440,000 tonnes of carbon dioxide emissions and save more than 300,000 tonnes of coal each year. The project has…
Author: Chitrika
The Ministry of Planning, Economic Development, and International Cooperation reviewed the electricity sector targets for the 2025/2026 fiscal year plan in a report. In this context, Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, pointed out that the electricity and renewable energy sector is responsible for providing electrical energy to all users in various productive and consumer fields. This contributes to achieving sustainable development goals and continuously improving the level of services provided to citizens. Electrical energy is an essential necessity for meeting the basic daily living requirements of citizens and for powering all development projects, whether…
Bank ABC has set a new benchmark in sustainable finance, mobilising US$2.8 billion in 2024, with 86% channelled to emerging markets across Brazil, North Africa, the Middle East, and Asia – regions at the frontline of climate and development challenges. Through its global reach, the Bank is driving projects in renewable energy, climate resilience and inclusive growth, reinforcing its position as MENA’s international bank of the future. Group CEO, Sael Al Waary, said: “This milestone confirms Bank ABC’s ability to direct capital with purpose – driving growth that is both sustainable and inclusive.” Recognised as Bahrain’s Best Bank for Sustainable Finance…
President Aidarous Qassem Al-Zubaidi, President of the Southern Transitional Council (STC) and Vice Chairman of the Presidential Leadership Council (LPC), inaugurated the Shabwa Solar Power Station located in Yemen. The Southern Transitional Council (STC) said in a press release, “The solar project was inaugurated in the city of Ataq, along with Mohammed Hamad Al Zaabi, the Ambassador of the United Arab Emirates (UAE) to our country; Mohammed Al-Ghaithi, a member of the STC’s Presidium and Head of the Consultation and Reconciliation Commission (CRC) supporting the PLC; Eng. Mane’a Al-Nahdi, Minister of Electricity and Energy; Sheikh Awad bin Al-Wazir, Shabwa Governor;…
A group of companies from Egypt, the UAE, Bahrain, and China have signed a land usufruct contract for a USD 220 million (EGP 11 billion) industrial complex in the Suez Canal Economic Zone (SCZONE). The facility is set to produce solar cells, panels, and energy storage systems. The agreement was signed in the presence of Egyptian Prime Minister Mostafa Madbouly. “The SCZONE represents an integrated platform for global investment and a regional hub for the green economy,” Madbouly said, noting the political leadership’s support for attracting quality investments, especially in advanced industries and renewable energy projects. Atom Solar Egypt The…
Sungrow, the global leading inverter and energy storage system provider, unveiled its latest innovation – the 1+X 2.0 Modular Inverter – during the 2025 MEA PV & ESS Summit held in Dubai. Tailored to the harsh desert environment in MEA, the new inverter is designed for stable full-load operation at 52°C, with a scalable block design from 780kW up to 9.375MW. Featuring significant upgrades in system availability, safety, and grid adaptability, the 1+X 2.0 sets new benchmarks for utility-scale solar projects in the MEA. Designed for Extreme Heat and Sandstorms Stable Operation at 52°C, Reliable Power Throughout the Lifecycle Middle Eastern summers can exceed 52°C, and utility-scale…
Riyadh, Kingdom of Saudi Arabia: ACWA Power, and Saudi Electricity Company (SEC) in collaboration with Korea Electric Power Corporation (KEPCO), has secured Financial Close for Rumah 1 and Nairyah 1 IPP projects, with a total investment value of approximately SAR 15 billion (USD 4 billion).Saudi Power Procurement Company (PRINCIPAL BUYER) is the Principal Buyer for the projects, responsible for project tendering and purchase of power. Ownership of the two project companies, Remal Energy Company and Naseem Energy Company, is shared between ACWA Power (35%), Saudi Electricity Company (35%), and Korea Electric Power Corporation (30%).With a combined capacity of 3,600 MW,…
Ecoprogetti has recently developed a custom testing machine for the Dubai Electricity and Water Authority (DEWA) to support its solar energy initiatives. To support Dubai’s renewable vision, DEWA, which was established in 1992, is playing a key role in powering Dubai’s infrastructure with reliable electricity and water. But beyond its core utility services, DEWA is also setting up renewable energy research and sustainability, in line with the emirate’s Integrated Energy Strategy 2030. This vision takes concrete form in the DEWA Research & Development Center, located within the Mohammed bin Rashid Al Maktoum Solar Park—the largest single-site solar installation on the…
Saudi Arabia has inked agreements worth over 31 billion riyals (USD 8.3 billion) with a consortium led by ACWA Power to develop seven major renewable energy projects. These developments are expected to add 15 gigawatts (GW) of clean energy capacity to the kingdom’s grid.The deals, signed by the state-owned Principal Buyer company in the presence of Energy Minister Prince Abdulaziz bin Salman, mark one of the largest global capacity additions for renewable energy in a single phase. The projects are part of the kingdom’s National Renewable Energy Programme (NREP), which aims to scale up Saudi Arabia’s clean energy footprint using…
A team of international researchers led by King Abdullah University of Science and Technology (KAUST) and including researchers from King Abdulaziz City for Science and Technology (KACST) has developed a new composite material that enhances the performance of solar cells. Solar cells with the material functioning for weeks in the Saudi Arabia desert showed higher power output and a longer operation time than solar cells without. Additionally, the material is cheap to fabricate and reduces the cost of maintaining solar cells. The study can be read in Materials Science and Engineering: R. Solar energy is a major part of Saudi…