Economy Middle East

renewable energy

Promoting innovation and sustainability: Saudi Energy Ministry joins forces with NEOM
Saudi Arabia

Promoting innovation and sustainability: Saudi Energy Ministry joins forces with NEOM

Agreement includes monitoring progress and identifying areas for improvement

China operates world’s largest high-altitude wind farm in Tibet
Sustainability

China operates world’s largest high-altitude wind farm in Tibet

Boasting a capacity of 200 million kilowatt-hours

Saudi Arabia signs 7 agreements to localize the energy sector
Saudi Arabia

Saudi Arabia signs 7 agreements to localize the energy sector

Localizing the energy sector and employing graduates specialized in renewable energy

Saudi Arabia to produce 130 GW of renewable energy by 2030
Energy

Saudi Arabia to produce 130 GW of renewable energy by 2030

Investing in renewable energy projects worth $188 billion

Egypt, Saudi Arabia’s ACWA Power sign $4 bn green hydrogen deal

Egypt, Saudi Arabia’s ACWA Power sign $4 bn green hydrogen deal

Phase 1 targets 600,000 tons per year of green ammonia

UAE’s ADNOC inks first 15-year LNG supply deal with China’s ENN
Sustainability

UAE’s ADNOC inks first 15-year LNG supply deal with China’s ENN

Targeting first sales in 2028

Abu Dhabi’s Mubadala Energy announces 6 trn cubic feet gas discovery in Indonesia
Energy

Abu Dhabi’s Mubadala Energy announces 6 trn cubic feet gas discovery in Indonesia

Successful outcome promises to derisk multiple trillion cubic feet of prospective gas resources

Saudi’s ACWA Power signs $800 mn power purchase agreement for South African hybrid renewable project
Energy

Saudi’s ACWA Power signs $800 mn power purchase agreement for South African hybrid renewable project

Operation to commence by Q2 2026 

UAE’s Positive Zero secures $400 mn funding to promote sustainable energy adoption in GCC
Sustainability

UAE’s Positive Zero secures $400 mn funding to promote sustainable energy adoption in GCC

Investment to boost Positive Zero's energy transition projects in the Gulf countries

ADDED’s inaugural sustainability report supports UAE’s sustainability efforts
Sustainability

ADDED’s inaugural sustainability report supports UAE’s sustainability efforts

The report monitors waste reduction, pollution, water and energy consumption

Sustainable technologies reinforce efforts to preserve environment
Sustainability

Sustainable technologies reinforce efforts to preserve environment

Green innovations help combat climate change, pollution

COP28: Dietmar Siersdorfer, Middle East managing director at Siemens Energy on the Middle East’s role in the energy transition
Interviews

COP28: Dietmar Siersdorfer, Middle East managing director at Siemens Energy on the Middle East’s role in the energy transition

Hydrogen and AI are key to accelerating the energy transition