Members & Partners News

Adenium Commissions 57 MW Solar Projects in Jordan

10 October 2016 Dubai, United Arab Emirates, Adenium Energy Capital, Ltd. announces the commissioning of four solar PV projects totaling 50 MW in Jordan. The four projects, 1 x 24 MW and 3 x 11 MW, which have been financed by the International Finance Corporation (IFC), Finnish Fund for Industrial Cooperation Ltd. (Finnfund), the Arab…

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MENAT Renewables

Who’s Who in MENAT Renewables is a new high quality publication (print and digital) that profiles the 400 most powerful people working in renewable energy in the Middle East, North Africa & Turkey. The publication will be distributed to all profiled Ministers and Executives. In addition, it will be presented to all government agencies and…

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Coal and gas to stay cheap, but renewables still win race on costs

This year’s edition of BNEF’s long-term forecast sees $11.4 trillion investment in global power generation capacity over 25 years, with electric vehicles boosting electricity demand by 8% in 2040.   London and New York, 13 June 2016 – Low prices for coal and gas are likely to persist, but will fail to prevent a fundamental transformation…

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Europe at a clean energy crossroads

When Winston Churchill said of the Balkans that they “produce more history than they can consume”, he could have been speaking of the whole of Europe. The world in 2016 is facing perilous times, and no region other than the Middle East looks more threatened than Europe – as the events unfolding in Brussels as…

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NBAD Financing the Future of Energy Report 2016 [Watch Video]

NBAD’s ‘Financing the Future of Energy’ Report 2016 is now available and states that the Middle East is in a prime position to grow its renewable energy sector. The past year has seen a number of factors converging to promote renewable energy and financial institutions have an important role to play. The report states that…

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Clean energy defies fossil fuel price crash to attract record $329bn global investment in 2015

2015 was also the highest ever for installation of renewable power capacity, with 64GW of wind and 57GW of solar PV commissioned during the year, an increase of nearly 30% over 2014.   London and New York, 14 January 2016 – Clean energy investment surged in China, Africa, the US, Latin America and India in 2015,…

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Neo Solar buys into Phanes, 800 MW of PV projects globally

October 5 (SeeNews) – In line with its downstream development strategy, Taiwanese firm Neo Solar Power Corp (TPE:3576), or NSP, has acquired a 30% equity interest in Swiss-Emirati renewables developer Phanes Group and consequently 800 MW of projects. Through this move, the solar cell maker will join a number of photovoltaic (PV) schemes throughout Western Europe, Africa,…

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DEWA chooses ACWA Power for Hassyan

ACWA Power and Harbin Electric consortium as the Preferred Bidder for the first phase of the 1,200 MW Hassyan Clean Coal Power Project with Alstom as lead contractor. The consortium bid a Levelised Cost of Electricity (LCOE) of 4.501 cents/KWh based on May 2015 coal prices. “The Hassyan clean-coal power plant will use the best…

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ENGIE and SUEZ sign Kingdom City MoU

ENGIE and SUEZ have signed a Memorandum of Understanding (MoU) with the Jeddah Economic Company (JEC) to work together to provide key services and power to the Kingdom City project in Saudi Arabia. The Kingdom City project will host both commercial and residential developments, including among others, homes, hotels and offices. The centrepiece of this project…

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Business news and intelligence for the renewable energy sector

Business news and intelligence for the renewable industry. The newswire goes beyond the familiar renewable markets of Western Europe and the US to encompass the potential of BRIC countries and emerging alternative energy stars in North Africa, Asia Pacific, Central and Eastern Europe. Read more

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Clean Energy Map

Our comprehensive map of clean energy projects in the region

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