With the goal to get support for the initiatives launched by the Ministry of Transport and Communications and Information Technology (MOTCIT) to switch to environmentally friendly electric vehicles (EV), the Ministry of Heritage and Tourism (MOHT) has invited partners and stakeholders in the tourism sector. As per reports, the Ministry of Transport, Communications, and Information Technology (MOTCIT) launched a special programme to reduce carbon emissions in the transportation sector and communications, and information technology sectors, which contributes nearly 20 per cent of the total carbon emissions in the Sultanate of Oman. The Ministry has divided its plan for zero carbon…
Author: Saur News Bureau
Standard Chartered, an international bank, has announced issuing its first-ever green guarantee for China Energy Engineering Shanxi Electric Power Engineering Company (CEEC-SEPEC) in Oman. The statement said that the green guarantee provided by Standard Chartered is for a solar project in Oman, where CEEC-SEPEC is the main EPC contractor. “The project aims to develop and operate a state-of-the-art solar power plant, contributing to Oman’s renewable energy targets and reducing carbon emissions,” said the note. “Standard Chartered’s guarantee not only demonstrates its confidence in CEEC- SEPEC ‘s project but also reinforces its commitment to fostering a greener and more sustainable future,”…
In its pursuit of sustainability, Oman’s Port of Duqm’s strategic collaboration has been unveiled with Evergreen Gulf Recycling Hub (EGRH), a regional leader in e-waste collection, recycling, and upcycling. Dwelling on the partnership, the Port of Duqm said, “The collaboration not only underscores our steadfast commitment to becoming an environmentally responsible hub but also resonates with the goals of Oman’s Vision 2040. Together, we are pioneering a greener and more sustainable future.” Besides the EGRH collaboration, Port of Duqm has also taken decisive steps towards realizing its Sustainability Development Goals (SDG). To fulfill this, it has signed a Memorandum of…
The Eighth Arab Forum for Renewable Energy and Energy Efficiency has begun in Amman, Jordan. The three-day forum, organized by the Arab Renewable Energy Authority (AREC), will bring together 20 countries and focuses on Jordan’s importance as a “vital hub” for investment, smart grids, green hydrogen and sustainability, as well as an energy transfer hub between the continents of Asia, Europe and Africa. The forum will organize a specialized workshop on promoting energy storage and electric vehicles and the importance of Arab economic integration in renewable energy, as per the local reports. Secretary-General of the Ministry of Energy and Mineral…
Emirates Water and Electricity Company (EWEC) has invited developers and developer consortiums to submit an Expression of Interest (EOI) for the development of a new Khazna Solar Photovoltaic (PV) Independent Power Project (IPP) in Abu Dhabi. The deadline for EOI is 2nd October 2023, at 12:00 noon Gulf Standard Time (GST). Interested parties are requested to submit their EOI via electronic copy to khaznapv.project@ewec.ae. Following a review of the EOIs, EWEC will issue the Request for Qualifications (RFQ) to proceed to the next stage. The RFQ will provide additional details regarding the project, pre-qualification criteria and the bidding process. Later,…
Through its subsidiary Menorah Synergy, Israel’s solar developer Teralight has delivered and inaugurated a 31 MW floating solar PV energy project that floats above Kibbutz Maayan Zvi reservoirs in south Haifa. As local reports, it is Israel’s largest floating project where the PV field covers a total area of approximately 587,000 square metres. The project, which is estimated to have construction cost of approximately NIS130 million ($34 million), saw the existing project in HaBonim Reservoir joined by two large solar rafts. One of the projects incorporates solar trackers from Israeli company Xfloat. The firm said that the trackers are designed…
The Sovereign Fund of Egypt (TSFE) has disclosed that it is in a process to sell the Gabal El-Zeit wind farm to Actis, a British direct investment company for $350m. As per the reports, the deal is expected to be finalised in early November after Actis completed the due diligence process and obtained the approval of the New and Renewable Energy Authority. Further, the agreed value of the deal was higher than the initial offer of $300m that Actis made in April, when the station was put up for sale by the sovereign fund. The station has a capacity of 580…
Middle East and North Africa region has successfully made progression in renewable sector with 50 percent surge in its renewable energy capacity since 2022. This was disclosed by a report released by the Global Energy Monitor. Further it is reported that the region is anticipated to witness another 50 percent increase by 2024. In terms of economic dependence, the report reveals that Iraq, Kuwait, Libya, Oman, Qatar, and Saudi Arabia derive over a quarter of their GDP from oil and gas extraction. The report further says that since many of these nations have not embraced renewable energy to the same…
Saudi’s ACWA Power has inked deals with two Chinese firms to promote collaboration in areas such as green hydrogen and ammonia, global renewable energies, and integrated smart energies. In the past, the energy company has partnered successfully with Chinese companies in installing the largest wind turbine in Central Asia among other projects The deal was signed with state-owned China Southern Power Grid International Company and clean energy integrated solution provider MingYang Smart Energy Group. The deal was signed during the China (Guangdong) – Saudi Arabia Economic and Trade Cooperation Conference, in Riyadh recently. Mohammad Abunayyan, Chairman of ACWA Power, said,…
Iran has plans to buy 1.5 gigawatts (GW) of solar power from several domestic suppliers as part of a new contract. This was disclosed by the Iranian Energy Ministry’s renewables department, known as SATBA, recently. As per SATBA, the contract with 10 domestic suppliers of solar electricity is the largest of its kind ever signed in the country. SATBA’s Chief Mahmoud Kamani said, “ The contract is a milestone in Iran’s efforts to rely more on renewables to make its power grid more resilient during peak demand days. Commenting on an oil refinery in the central city of Isfahan as…