TAG: " Middle East"

News

MENA to Emerge as Global Renewable Energy Leader

The MENA region is advancing clean energy ecosystems, hydrogen production, and green exports. Key initiatives include UAE’s USD 40 billion investments, Saudi Arabia’s green ammonia expansion, Oman’s hydrogen projects, and cross-border collaborations, driving sustainable growth and global impact.

Middle East | December 11, 2024 | By EI News Network | 1431

MENA Region to Triple Renewable Capacity by 2030, Boosting Solar, Wind, and Hydrogen

According to IEA's 'Renewables 2024' report, the MENA region’s renewable capacity is projected to triple by 2030, driven by solar PV and onshore wind. Hydrogen production is a key factor, while concentrated solar power (CSP) growth remains uncertain due to delays.

Middle East | October 10, 2024 | By EI News Network | 1049

Egypt and China Sign USD 1.1 Bn Deals with Emphasis on Green Energy Projects

Egypt and China have signed agreements worth over USD 1.1 billion, emphasising renewable energy projects including green chemical plants and solar cell factories, while also boosting other industrial investments.

Middle East | September 09, 2024 | By EI News Network | 951

Global PV Capacity to Hit 520 GW by 2024, China Leads with 240 GW

The global photovoltaic market is set to expand significantly by 2024, driven by China, with notable growth in the US, Europe, and emerging markets. Challenges persist amid market volatility.

Middle East | September 03, 2024 | By EI News Network | 845

Middle East Shifts to EVs with Help from VinFast

The Middle East is transitioning from oil dependency to focus on environmental sustainability and economic diversification, with electric vehicles (EVs) at the forefront.VinFast is playing a key role in this shift, helping the region advance toward a greener future.

Middle East | July 25, 2024 | By EI News Network | 1190

Canadian Solar Secures €50 Mn from Santander for Project Development in EMEA

Canadian Solar has secured a €50 million bilateral corporate facility with Banco Santander. The facility will support growth at Canadian Solar's global energy business as it executes and expands on its project development pipeline in Europe, Middle East, and Africa, or the EMEA region.

Middle East | June 25, 2021 | By News Bureau | 2282