TAG: "Middle East RE investment"

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Qatar, South Korea Forge Stronger Energy Partnership with Focus on Renewables

Qatar and South Korea strengthened their energy partnership, focusing on secure LNG supplies, renewable energy, and shipbuilding. The collaboration aligns with South Korea’s Carbon-Free Energy initiative, aiming to boost carbon-neutral resources amid Middle Eastern geopolitical tensions.

Middle East RE Investment | November 04, 2024 | By EI News Network | 794

Saudi Arabia’s Forward7 and Sistema.bio Partner for Clean Energy Projects in Nepal and Indonesia

Saudi Arabia’s Forward7 Initiative, in partnership with Sistema.bio, is set to install 800 subsidised biogas units for smallholder farmers in Nepal and Indonesia by January 2025.The project aims to improve clean energy access, reduce carbon emissions, and promote sustainable farming practices.

Middle East RE Investment | October 17, 2024 | By EI News Network | 898

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 RE Investment | October 10, 2024 | By EI News Network | 1050

Middle East Set to Reach USD 75 Bn in RE Projects

The Middle East is set to reach USD 75 billion in renewable energy investments by 2030. This funding will boost solar, wind, and hydrogen projects while the oil and gas sector continues to dominate, according to a new report released by Energy Industries Council (EIC).

Middle East RE Investment | September 18, 2024 | By EI News Network | 799