renewable energy

OPEC Fund signs first loan agreement with Montenegro for $52 million to enhance climate initiatives

The loan is aimed at enhancing fiscal sustainability and facilitating the green transition in the southeastern European nation

Abu Dhabi, United States strengthen trade ties under new agreement

Partnership marks a significant milestone in facilitating the import and export of raw materials, services and technology

DEWA’s Green Hydrogen Project cuts CO2 emissions by over 40 tons in transportation sector

The station can fuel about 50 fuel-cell electric vehicles in roughly eight minutes each

Powering the future: Masdar paves the way for a greener world

Charting a global path to clean energy leadership through innovation, strategic partnerships, and a relentless commitment to sustainability

Saudi Arabia, UK to increase bilateral trade to $38 billion by 2030

The two sides welcomed the significant progress made on the GCC-UK Free Trade Agreement

UAE healthcare sector aims for 20 percent carbon emission reduction by 2030: Report

New study urges healthcare to adopt sustainability to reduce emissions, energy use, and waste

COP16 Riyadh: NEOM green hydrogen facility to meet 10 percent of global production targets

Facility supports the goals of the Saudi Green Initiative to promote clean energy sources and reduce carbon emissions

UAE National Day: Bahraini landmarks celebrate 53rd Eid Al Etihad with UAE flag colors

Bahrain’s Prince Salman congratulated UAE President on 53rd National Day

Abu Dhabi’s Masdar completes acquisition of TERNA ENERGY

The agreement, priced at EUR20 per share, values TERNA ENERGY at an enterprise value of EUR3.2 billion ($3.4 billion)

Sheikh Saud bin Saqr launches Etihad Water and Electricity Museum, showcasing UAE’s path to progress

Sheikh Saud noted the importance of museums in displaying photographs, documents, artefacts, and equipment from developmental projects

Abu Dhabi Crown Prince to begin official visit to Bahrain on Tuesday

Non-oil trade between the two countries exceeded $7.5 billion in 2023

COP29 recap: Baku sets new global target to deliver $1.3 trillion in climate finance by 2035

The Baku Finance Goal is the centerpiece of a package of agreements that deliver progress across all climate pillars

Future Fund Oman launches investment projects worth over $2 billion

The projects span 10 key sectors, including technology, manufacturing, tourism, renewable energy and electric vehicles

Crown Prince of Abu Dhabi reviews Mubadala’s progress, stresses UAE investment importance in Brazil

Mubadala’s investments in Brazil have greatly contributed to the country’s socioeconomic development over the past 12 years

Abu Dhabi’s TAQA, JERA and Al Bawani to develop two new highly efficient power plants in Saudi Arabia

These agreements will enable two new CCGT projects in Saudi Arabia with over 3.6 gigawatts capacity 

COP29: Egypt reiterates 42 percent renewable energy target for 2030, calls for international support

As of July 2024, solar, wind, and hydropower make up 11.5 percent of Egypt's electricity generation 

Abu Dhabi’s TAQA reports $1.7 billion net income during first nine months of 2024

The Group posted revenues of $11.3 billion, reflecting a 6 percent increase from the same period in 2023

COP29: Masdar, Albania Power Corporation to explore gigawatt-scale renewable projects in Albania

The partnership leverages KESH's leading position and Masdar's expertise to accelerate Albania's clean energy transition

Global South presents sustainable investment opportunities for Middle East sovereign wealth funds: Report

In the Global South, critical areas like water and sanitation, food security, education, forestry, and biodiversity conservation, remain largely untapped

UAE fostering global cooperation to ‘Accelerate Action Together’ at COP29

In his keynote address, Al Jaber urged all 198 Parties to “let actions speak louder than words” and to “let positivity prevail”

COP29 World Leaders Climate Action Summit opens in Baku

Summit seeks to implement and transform key climate-related decisions into concrete actions and credible plans to tackle climate change

UAE President attends COP29, urges accelerated climate action

As COP29 President, Babayev emphasized the conference's commitment to inclusivity, transparency, and collaboration among Parties

COP29: UAE hands COP presidency over to Azerbaijan, highlights historic UAE Consensus

During the speech, Dr. Al Jaber called on all parties to 'prove once again that we can unite, act, and deliver'

ADNOC, SEFE ink 15-year purchase agreement for Ruwais LNG project

The LNG will primarily come from the Ruwais LNG project, with deliveries expected to start in 2028