KUWAIT

Kuwait Electricity Generation Hits New Record – EQ Mag Pro

September 3, 2022

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Despite record LNG imports, Kuwaiti oil burn has stayed resilient in 2022 amid record electricity generation. High spot LNG prices have deterred Kuwait from phasing out oil burn entirely, while Russian LNG and fuel oil exports to Kuwait have increased. Kuwait’s power generation figures hit fresh all-time highs in July as temperatures hit 50°C during […]

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KUWAIT

You Can Now Get A Loan In Lebanon To Buy Or Renovate Your House Or Install Solar Panels – EQ Mag Pro

June 15, 2022

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The General Director of the Housing Bank, Antoine Habib, revealed a package of loans to help Lebanese with low incomes. The Housing Bank will launch a website to serve those who want to apply for loans, which include a home purchase loan, a restoration loan, and a loan to install solar panels. These loans are […]

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UAE

Hope Ventures’ Silent Power expands to UAE, Kuwait – EQ Mag Pro

April 27, 2022

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Silent Power, a Hope Ventures portfolio company, has signed contracts with UAE and Kuwait partners to accelerate the company’s expansion in the region. The company continues to utilize solar technology to offer an innovative cooling product to water tanks, reducing water temperature from 62C to 28-33C. The product is fully powered by solar power without […]

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IRAQ

Iraq, Kuwait unveil plans for new hydrogen and solar projects – EQ Mag Pro

February 23, 2022

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Iraq and Kuwait are planning new projects to boost renewable energy focused on solar and hydrogen, senior officials from the oil-rich producer countries said Feb. 20. Kuwait is developing a low-carbon strategy that will ease its transition through to 2035 on a “continuous basis”, its oil minister Mohammad Alfares told the International Petroleum Technology Conference […]

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KUWAIT

Emission Reductions Stall as Global Heating Makes Kuwait ‘Unlivable’ – EQ Mag Pro

February 16, 2022

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Kuwait, already one of the world’s hottest countries and one of the highest per capita emitters, is rapidly becoming unlivable as a result of rising temperatures brought on by climate change. Yet climate action in the country has been stymied by a lack of political will and a population that is heavily reliant on oil. […]

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KUWAIT

PROJECTS: Kuwait receives offer for $3.5bln solar project: report – EQ Mag Pro

December 15, 2021

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Will produce 5,000 MW Aerial view of solar power station and solar energy panels. Kuwait has received an offer from private investors to build a solar power plant at a cost of around $3.5 billion, a local newspaper revealed on Tuesday. The project has a generation capacity of 5,000 megawatts (MW) and is located in […]

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KUWAIT

Korea introduces smart farm technology to Kuwait – EQ Mag Pro

December 8, 2021

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KUWAIT: The fourth Smart City Forum 2021 was held yesterday, focusing on the smart farming industry this year. Various presentations were made on smart farm project development, smart farm business promotion policy, Korean smart farm technology, digital agriculture and machine, solar power and smart city application cases among others. Ambassador of the Republic of Korea […]

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KUWAIT

Kuwait’s Wealth Fund Plans to Invest in Saudi Green Initiatives – EQ Mag Pro

October 27, 2021

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The Kuwait Investment Authority, which manages the country’s $700 billion wealth fund, will invest in green initiatives unveiled by Saudi Arabia as the Middle East’s biggest oil producers rally behind efforts to cut planet-warming gases. “All these initiatives are very important to the KIA, and we will be investing in those initiatives as long as […]

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KUWAIT

DGCA Chief, Minister Visit New Kuwait Airport Project – EQ Mag Pro

August 30, 2021

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KUWAIT: Minister of Public Works and Minister of State for Communications and Information Technology Dr Rana Al-Faris, and Head of the Directorate General of Civil Aviation (DGCA) Sheikh Abdullah Al-Sabah visited Friday the new Kuwait Airport project. The visit came to stand on the project’s progress and discuss ways to overcome all the challenges, the […]

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KUWAIT

Indian Embassy Holds India-Kuwait Solar Energy Forum – EQ Mag Pro

August 30, 2021

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KUWAIT: Embassy of India, Kuwait, in partnership with the Confederation of Indian Industry (CII) and with support from the Ministry of New & Renewable Energy (MNRE), Government of India, organized India-Kuwait Solar Energy Forum on 24th August 2021. The objective of this event was to bring together all stakeholders in the fields of solar and […]

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