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Double-digit growth for Ghana’s renewable energy capacity predicted – ESI Africa
JORDAN

شركة Enel تعتزم التركيز على المشاريع الخضراء الأكثر ربحية في الإستراتيجية الجديدة

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EnEnel SpA is set to shake up its renewable-energy strategy by concentrating on its most profitable projects while cutting back on less lucrative activities, people familiar with the matter said. Chief Executive Officer Flavio Cattaneo’s upcoming plan is expected to focus on projects seen as high-margin in markets including Italy, Enel’s most profitable region, the […]
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Saudi plans 10 new renewable energy projects
AFRICA

وزير: موازنة تونس 2024 تتضمن حوافز لمشاريع الطاقة المتجددة

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Tunisia’s budget for fiscal 2024 includes new incentives for domestic and foreign investment mainly renewable energy projects, its Finance Minister has said. Sihem Boughdiri told Tunisia’s Parliament on Friday that the Finance Ministry has already drafted the 2024 budget and that it would be submitted to Parliament on Dec 6, adding that it must be […]
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Double-digit growth for Ghana’s renewable energy capacity predicted – ESI Africa
EGYPT

Egypt Discusses Attracting Japanese Investments in Renewable Energy, Green Hydrogen

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Mohamed Shaker, Minister of Electricity and Renewable Energy discussed with the Japanese Ambassador to Cairo Oka Hiroshi and a delegation of Japanese companies working in the field of renewable energy and green hydrogen ways to support and enhance cooperation between the two countries. The minister of electricity said that Japan has participated in Egyptian electricity […]
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saudi
SAUDI ARABIA

Desert Technologies And Elsewedy Electric Sign An MOU To Boost Saudi Renewable Energy Exports

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Desert Technologies currently produces 935,000 solar panels annually, with a production capacity of approximately 3,000 megawatts. Riyadh (Saudi Arabia) : Desert Technologies, a leader in the field of renewable energy solutions and the first Saudi company to manufacture and export solar panels, and Elsewedy Electric LLC (SWDY.CA), the leading company in providing integrated energy and […]
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As Africa Renewable Energy Finance Gap Widens, UAE Steps In With Major Investments
AFRICA

As Africa Renewable Energy Finance Gap Widens, UAE Steps In With Major Investments

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As global renewable energy investment levels are rising dramatically, there remains a considerable exception: Africa. The year 2021 witnessed record levels of global renewable energy investment worldwide, hitting $434 billion. Of that amount, only 0.6% went to Africa, according to a report by the RES4Africa Foundation. This amount is lower than an already low standard: […]
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COP28
UAE

COP28 a significant step towards future of clean, renewable energy

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To date, the UAE has committed more than $50bln to renewable energy projects across 70 nations, with plans to infuse an additional $50bln into these initiatives over the next decade ABU DHABI : The UAE has further solidified its prominent standing within the renewable energy sector, underscoring its active role in propelling global growth through […]
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Solar Overtakes Wind Energy For First Time In Global Rush For Renewables
EGYPT

Egypt sees $2.6bln renewable energy investment in 2023-2024

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Renewables share to rise to 11.8% Egypt is targeting investments of nearly 81.4 billion Egyptian pounds ($2.6 billion) during the current fiscal year and this will boost the sector’s share in the country’s energy mix to 11.8 percent at the end of the current fiscal year, the head of the Arab country’s renewable energy regulatory […]
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Renewable energy generation needs to be accelerated, says SAWEA
UAE

Arab renewable energy projects attracted $120bln in FDI in 2022

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They accounted for 60% of the total FDI Arab countries received foreign investments of nearly $120 billion in renewable energy projects in 2022, according to an official report. These investments in renewable energy accounted for nearly 60 percent of the total Foreign Direct Investment (FDI) received by the Arab region during 2022, a report by […]
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High-level delegation from GCCIA learns about DEWA’s efforts in renewable energy during a visit to the Mohammed bin Rashid Al Maktoum Solar Park
UAE

High-level delegation from GCCIA learns about DEWA’s efforts in renewable energy during a visit to the Mohammed bin Rashid Al Maktoum Solar Park – EQ Mag

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A high-level delegation from the GCC Interconnection Authority (GCCIA) visited the Mohammed bin Rashid Al Maktoum Solar Park, which Dubai Electricity and Water Authority (DEWA) is implementing. The visit aimed to gain insights into DEWA’s experience in developing sustainable energy technologies. The delegation was briefed by DEWA’s officials about the latest photovoltaic solar panels and […]
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