Power & utilities Archives - Page 4 of 12 - Living Business

category="<a href="https://livingbusiness.com/category/environment/energy-efficiency/" rel="tag">Energy Efficiency</a>,<a href="https://livingbusiness.com/category/environment/renewable-energy/" rel="tag">Renewable energy</a>">Industry: Power & utilities

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 […]

UAE’s Masdar, Citaglobal Berhad to develop renewable energy projects in Malaysia

Published on July 31, 2023

Abu Dhabi-based clean energy giant Masdar has signed an agreement with Citaglobal Berhad to develop a range of renewable energy projects in Malaysia, including rural, off-grid initiatives. An MoU was signed in Malaysia by Abdulla Zayed, Masdar’s Head of Development and Investment, and investment holding company, Citaglobal’s Executive Chairman and President, Tan Sri Mohamad Norza […]

UAE sets stricter emission target with 40% cut by 2030

Published on July 12, 2023

The UAE has set a stricter target for reducing carbon emissions, with major cuts within this decade. The government is seeking to slash emissions by 40 per cent by 2030 from a business-as-usual level, said the Ministry of Climate Change and Environment. This compares with an earlier plan for a 31 per cent reduction. It will seek […]

Bapco Energies publishes sustainability-linked finance framework

Published on July 12, 2023

Manama, Bahrain: Bapco Energies, the integrated energy company leading the energy transition in the Kingdom of Bahrain, has launched its Sustainability-Linked Finance Framework. The Framework will allow the Company to link its financing with decarbonisation goals in line with Bahrain’s commitment to sustainability and climate action as pledged by His Royal Highness Prince Salman bin […]

Sheikh Hamdan launches Dh4 billion renewable energy plant in Dubai

Published on July 11, 2023

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, has launched a Dh4 billion ($1.09 billion) renewable energy plant in Dubai. Sheikh Hamdan on Tuesday said the project would be the world's largest and most efficient waste-to-energy centre in the world. The plant in Warsan is capable of generating 220 megawatt hours of renewable energy which could power […]

Suhail Al Mazrouei reveals details of updated UAE Energy Strategy 2050 and National Hydrogen Strategy

Published on July 10, 2023

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, today revealed the details of the updated version of the UAE Energy Strategy 2050 and the development of the National Hydrogen Strategy that were approved by the UAE Cabinet to enhance the country’s efforts to meet its climate and net-zero commitments by 2050. In a […]

NEOM Oxagon update: Green hydrogen project on track for completion

Published on July 10, 2023

Global utility project developer Acwa Power has announced that work is currently underway on its ambitious green hydrogen facility at Oxagon within the Saudi futuristic city NEOM and is due for completion by the end of 2026. The mega project, being developed by NEOM Green Hydrogen Company (NGHC) – a joint venture between Acwa Power, US industrial gases […]

APM Terminals Bahrain to become region's first fully solar energy-powered port

Published on June 21, 2023

APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has announced the launch of a ground-breaking solar power project worth approximately BHD3.8 million (US$ 10 million), which will make the port energy self-sufficient by the end of 2023. By implementing this project, the terminal will reduce its carbon emissions by 65% while also securing […]

UAE and Egypt sign agreement to advance $10bn wind project

Published on June 7, 2023

A group of companies, including Abu Dhabi’s Masdar, have signed an agreement with Egypt’s New and Renewable Energy Authority to secure land for a $10 billion wind farm. Masdar, Egypt's Infinity Power and Hassan Allam Utilities signed an agreement last year to develop the 10-gigawatt project, which is expected to save the North African country $5 billion […]

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