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Masdar in deal to triple renewable energy capacity by 2030 – EQ Mag

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The main objective of the project is to establish a global baseline for renewable energy, with a focus on solar, wind, hydropower, geothermal, and other technologies including battery storage, complemented by region-specific data Abu Dhabi Future Energy Company (Masdar) said it has signed an co-operation agreement with the International Renewable Energy Agency (Irena) for a […]

Renewable energy in Middle East to reach 92 percent of region’s targets by 2030: Report – EQ Mag Pro

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A GEM report found that Arab countries are constructing solar and wind energy plants with a predicted total capacity of 73.4 GW LONDON: Renewable energy generation projects in the Arab countries will reach nearly 92 percent of the region’s total targets by 2030, according to a Global Energy Monitor report published Tuesday.The Arab region currently […]

Johannesburg needs $1.6bn to stabilize power supply by 2030: NRG matters – EQ Mag Pro

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The executive director of the International Energy Agency cautioned that with the right investments in clean energy, dependence on fossil fuels will no longer be necessary. RIYADH: On a macro level, South Africa’s Johannesburg is seeking a massive investment to stabilize power supply. The country is also advancing solar power projects to avoid potential power […]

Green financing could give GCC economies $2tn boost and create one million jobs by 2030 – EQ Mag Pro

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With the right policies, foreign direct investment in power, water, construction, mobility, food and waste management sectors in the region will surge, Strategy& Middle East says. By developing the right structures and mechanisms for green finance, governments in the oil-rich Gulf region can unlock $2 trillion in cumulative economic output and create more than one […]