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EWEC issues RFP for Al Ajban Solar PV IPP in Abu Dhabi

AFRICA

Walmart to solar: Africa’s top business news – EQ Mag Pro

September 3, 2022

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U.S. retail giant Walmart has signed an agreement to begin buying the 47% stake in South Africa’s Massmart that it does not already own, the companies said. Massmart, which has been posting losses and losing market share to bigger rivals, said Walmart had offered 6.4 billion rand, or $373m, to buy the remaining shares and […]

EGYPT

Eni targets 10-GW solar, wind projects in Egypt – EQ Mag Pro

September 3, 2022

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Italian oil major Eni has announced plans to carry out several solar and wind power projects with a capacity totaling 10GW in Egypt over the upcoming years. During a recent meeting, Egyptian President Abdel Fattah El-Sisi and Eni CEO Claudio Descalzi discussed Egypt’s vision to become a regional hub for natural gas, developing existing LNG […]

AFRICA

Nigeria secures $1.5 billion loan for solar from U.S. Export-Import Bank – EQ Mag Pro

August 10, 2022

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Nigeria has secured a $1.5 billion loan from the US-EXIM Bank to boost solar power infrastructure in 10 different locations in the country. Chief Executive Officer (CEO) of SUN Africa LLC, USA, Adam Cortese, disclosed this yesterday while speaking with newsmen after a meeting of a delegation of the company with President Muhammadu Buhari at […]

Saudi government facilities in 5 regions to utilize solar power soon

AFRICA

Solar Still Less Than 2% Of East Africa’s Electricity Mix Despite Having Some Of The Highest Technical Potential On The Continent – EQ Mag Pro

August 10, 2022

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East Africa has some of the highest potential for solar PV on the African continent. A study by IRENA puts East Africa ahead of other regions on the continent with a potential of 220 petawatt-hours (PWh) per annum for solar PV. Southern Africa has the next highest potential, estimated to be around 160 PWh. The […]

BisB Installs Solar Energy Panels at its Arad and Hamad Town Financial Malls

BAHRAIN

BisB installs solar at Arad, Hamad town financial malls – EQ Mag Pro

August 3, 2022

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Bahrain Islamic Bank (BisB) announced the completion of the installation of solar energy panels, which were fitted to generate a sustainable source of energy for its financial malls located in Arad and Hamad Town. The project comes in line with National Bank of Bahrain (NBB) Group’s initiative to utilize solar energy in order to reduce […]

AFRICA

Solar, wind trade groups team up to drive Africa investment – EQ Mag Pro

July 16, 2022

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SolarPower Europe and GWEC are working with RenewAfrica and the AFSIA to deliver summit for investors SolarPower Europe and GWEC have signed an agreement with RenewAfrica and the AFSIA to jointly organise the Africa Renewables Investment Summit (ARIS), an event that seeks to catalyse renewable energy investment for African countries. Despite the continent’s massive renewable […]

AFRICA

Solar, wind bodies unite to drive finance into African renewables – EQ Mag Pro

July 16, 2022

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Trade bodies from the solar and wind industries have united to drive renewable energy financing for African countries. SolarPower Europe and the Global Wind Energy Council (GWEC) have signed an agreement with news outlet RenewAfrica and the Africa Solar Industry Association (AFSIA) to jointly organise the Africa Renewables Investment Summit (ARIS) in South Africa in […]

EGYPT

Middle East experts say that the region can help Europe energy crisis – EQ Mag Pro

July 6, 2022

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Russia’s threat to European energy supplies can be fixed by imaginative solutions involving the Middle East, the energy expert in the region says, The Center for European Policy Analysis (CEPA) reports. According to the report, climate change and the war in Ukraine have introduced a new sense of urgency to expand the brief to renewables […]

UAE

Voltas IOBG seeks new terrains in the Middle East region – EQ Mag Pro

June 18, 2022

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In conversation with AR Suresh Kumar, VP and head of IOBG at Voltas Limited on Voltas IOBG’s operations in the region and further afield MEP Middle East sat down with a senior official from Voltas International Operations Business Group (IOBG), in light of them winning the first position on the coveted MEP Middle East’s Top […]

Iraq prepares to build 150 MW of solar parks in Al Anbar province

OMAN

Oman develops USD 900m of solar, wind projects – EQ Mag Pro

June 15, 2022

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Oman is working on the development of solar and wind projects across the sultanate which will require investments totalling USD 900 million (EUR 850.8m). Oman Power and Water Procurement Company (OPWP) is currently developing two solar projects with a combined capacity of 1 GW in Ad-Dakhiliyah Governorate, chief executive Yaqoob bin Saif Al Kiyumi told […]

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