Saudi’s Hydrogen Systems, an innovation-driven firm in the hydrogen technology sector, has been awarded a contract by Shell Development Oman (Oman Shell) to design, develop and install Oman’s first hydrogen refueling station. As per the contract, Hydrogen Systems will carry out the detailed engineering, procurement, quality assurance and control (Factory Acceptance Test) of electrolysers, compression, storage, chilling and dispensing. It will also be responsible for all associated subsystems such as utilities, interconnecting piping, safety, communications, electrical, control and instrumentation – for a green hydrogen generation and refueling station in Muscat. “This collaboration with a leading global energy company like Shell…
Author: Saur News Bureau
The Chief Executive Officer of the Saudi Fund for Development (SFD), Sultan Al-Marshad, has entered into a fresh development loan pact valued at $77 million with Belize’s Prime Minister, John Briceño. The loan is intended to finance the “Solar Energy Plant Project” in Belize, facilitated by SFD. In attendance at the signing ceremony were Chris Coye, Minister of State in the Ministry of Finance, Economic Development & Investment, along with official representatives from both sides. This agreement is an important part of SFD’s commitment to bolster sustainable development in developing nations and Small Island Developing States (SIDS). The loan will…
Sineng Electric Europe has joined hands with Turkish renewable energy firm Arkensus Energy Ltd. Co., which will give an impetus to advancing solar PV utility-scale and commercial projects in Turkey. The neighbouring regions will also benefit from this partnership. Together, the two firms recently commissioned a 18 MW solar project, in which, Şanlıurfa Büyükşehir Belediyesi Su Kanalizasyon İdaresi Genel Müdürlüğü was the investor. The project has been powered by Sineng’s 275 kW string inverters. It is slated to generate 28,167 MWh of clean electricity every year. Derek Huang, President, Sineng Electric Europe, stated “Together with Arkensus Energy, we are to…
The Qatar Investment Authority (QIA), Qatar’s sovereign wealth fund, has bought a 2.7% stake in Adani Green Energy, a renewable energy Indian behemoth owned by Adani Group, in a $500 million block deal recently. As per reports, before the deal, Adani Green Energy’s shares fell nearly 12.4% to hit a low of 886.2 Indian rupees ($10.71) on the Bombay Stock Exchange (BSE). The shareholding data available with the exchange revealed that the promoter and promoter group hold a 56.27% stake in the firm, while the rest is with the public as of June 30, 2023. In the year 2020, QIA…
With an aim to promote renewable energy usage and extend support to military veterans, the Ministry of Energy and Mineral Resources has recently announced the initiation of three tenders for the supply, installation, operation, and maintenance of solar energy systems connected to the electrical grid. These systems will be integrated with all necessary auxiliary devices, including inverters, to powerhouses owned by military veterans. The power generated from solar energy will empower military veterans by equipping their homes with sustainable and cost-efficient energy solutions. The tender specifications require a peak capacity of (3) kilowatts DC and (2.7) kilowatts AC for the…
In unison with UNDP Cyprus, the European Commission is working on a study funded by the EU on a bicommunal solar power plant in Cyprus. It will be executed by a reputed German firm. The study which will get funding worth EUR 325,000 from the Commission’s Aid Programme for the Turkish Cypriot community will be managed by the United Nations Development Programme (UNDP). The study, it is held, is significant to look into a more integrated and sustainable electricity system in Cyprus. Further, the study will pave the way for greater synergies between the two communities of the island. It…
The UAE Ministry of Energy and Infrastructure (MOEI) has joined hands with GHD, a global professional services co. and the Fraunhofer Cluster of Excellence Integrated Energy Systems (CINES) to deliver a comprehensive National Hydrogen Strategy. The strategy is in line with the UAE’s vision to become a leading global producer of low-carbon hydrogen by its 60th anniversary in 2031. With the support from MOEI, the strategy is a fact-based analysis that evaluates the opportunities and challenges associated with establishing a hydrogen-based economy in the UAE. It further focuses on leveraging the country’s abundant natural gas reserves, high solar radiance, and…
US beverage giant PepsiCo Inc’s SodaStream will make its products in Israel using 100% renewable energy under a power off-take deal with Israel’s Enlight Renewable Energy Ltd. In a statement, the PepsiCo subsidiary said that the RE developer will provide SodaStream with electricity from its solar and battery storage facilities. This 15-year corporate power purchase agreement (PPA), was signed following a recent change of market regulations in Israel that permits to green power producers like Enlight to enter direct PPAs with large corporate clients. With this deal, sparkling water brand SodaStream will be able to use renewable energy for all…
Poland is emerging as an innovator in green technology with their ingenious ideas impacting the global energy transition process. Thus, in a bid to highlight the potential and accomplishments of the Silesia Region in green technologies and sustainable development, the region is planning a promotional pavilion at WETEX & DSS, which will be organised by Dubai Electricity and Water Authority (DEWA) from 15 -17 November at the Dubai World Trade Centre. This pavilion will provide a platform for prominent Silesian companies in the green technology sector to present their products, innovations, and solutions to an international audience, said the statement.…
Israel’s SolarEdge Technologies has tied up with the Saudi firm, Ajlan & Bros (ABH) Holding in Riyadh. Established in 2006, SolarEdge Technologies Inc., will jointly work with the Saudi firm towards deploying renewable energy in the kingdom. According to a press statement by SolarEdge, their new company will be involved in energy generation, storage, and management for Saudi businesses. SolarEdge is a smart energy technology provider, and ABH is one of the largest private sector firms in the Middle East and North Africa region. The statement further informed that the JV firm will be established in Riyadh, Saudi Arabia. It…