Renewable energy Archives - Page 6 of 20 - Living Business

category="<a href="https://livingbusiness.com/category/environment/renewable-energy/" rel="tag">Renewable energy</a>,<a href="https://livingbusiness.com/category/environment/renewable-energy/solar-energy/" rel="tag">Solar energy</a>">Category: Renewable energy

Half a million homes to be powered by world's biggest solar park in Dubai

Published on September 18, 2023

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mansour bin Zayed, Vice President, Deputy Prime Minister and Minister of the Presidential Court, on Wednesday witnessed the signing of an agreement between the Dubai Electricity and Water Authority and Masdar to implement the sixth phase of the project to develop the world's largest single-site solar […]

COP28 Presidency announces $4.5 billion UAE finance initiative to unlock Africa's clean energy potential

Published on September 11, 2023

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, today announced a UAE finance initiative that will provide US$4.5 billion to help unlock Africa's clean energy potential. The announcement was made during a keynote address at the inaugural African Climate Summit in Nairobi, Kenya. The landmark initiative brings together […]

Emirates Development Bank unveils bespoke solar energy financing programme

Published on September 8, 2023

Emirates Development Bank (EDB) has unveiled a new first-of-its-kind Solar Energy Finance Programme aimed at supporting micro, small, and medium enterprises (mSMEs) across diverse sectors within the UAE. The programme will allocate AED100 million to bolster the adoption of green energy solutions, focusing on solar energy initiatives. The new programme aims to support the shift […]

The world’s largest floating offshore wind farm is officially online

Published on September 6, 2023

Hywind Tampen, the world’s largest floating offshore wind farm, was inaugurated today by global power giant Equinor and its partners. Norway-headquartered Equinor developed and is operating Hywind Tampen, which consists of 11 8.6 megawatt (MW) turbines. It’s around 140 km (87 miles) off the Norwegian coast in a water depth of between 260 and 300 meters (853 […]

Energy storage production company Volts UAE opens a manufacturing site in Abu Dhabi Airport Free Zone

Published on September 4, 2023

VOLTS UAE produces home energy storage systems and has opened its first showroom in May 2023 in Masdar City (Abu Dhabi). Now company is launching a manufacture in Abu Dhabi airport Free Zone. The product VOLTS is first energy storage made in the UAE. System provides a reliable power supply, providing houses with electricity when they […]

Oman has MENA's highest prospective solar farm capacity: report

Published on September 4, 2023

Oman ranks first in the MENA region and ninth globally with an exceptional prospective capacity of 18,349 megawatts (MW), representing for 1.55% of the total global capacity, according to the research, which offers insights into solar farm projects with a capacity of 20 MW and more. The figures from the Global Solar Power Tracker demonstrate Oman's strong commitment […]

Dewa selects Abu Dhabi's Masdar to build sixth phase of world's biggest solar park

Published on August 15, 2023

Dubai Electricity and Water Authority (Dewa) has selected Abu Dhabi's renewable energy company Masdar to build and operate the 1,800-megawatt sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the world's largest single-site solar park. The project, which will use photovoltaic solar panels based on the Independent Power Producer (IPP) model, has an estimated cost of Dh5.51 […]

GLH, UMS to establish first factory for green batteries, power generators in Middle East

Published on August 7, 2023

GL Holding (GLH) announced the signing of a partnership agreement with Urban Mobility Systems (UMS), a leading Dutch company in the green energy sector, to launch a series of renewable energy projects in the UAE, starting with the establishment of a factory specialised in developing and manufacturing green batteries, electric motors, chargers, and power generators. […]

SEWA, EWEC collaborate for greener energy

Published on August 7, 2023

Sharjah's Electricity, Water, and Gas Authority (SEWA) has joined hands with the Emirates Water and Electricity Company (EWEC) to enhance energy infrastructure and boost electricity production efficiency. They will also implement low-carbon reverse osmosis water desalination plants to support the clean energy strategy and achieve the country's climate neutrality vision by 2050. In a meeting […]

Acwa Power in deal to set up 10GW wind project in Egypt

Published on August 7, 2023

Acwa Power, a leading developer and operator of power generation and water desalination plants worldwide, said it has signed an agreement with the Egypt's New and Renewable Energy Authority (NREA) to set up a 10 gigawatt (GW) wind project in the country. The wind power plant is expected to provide the Egyptian economy with $6.5 […]

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