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Masdar, Sarawak Energy, and Gentari to Assess Floating Solar Feasibility in Malaysia

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Masdar, Sarawak Energy, and Gentari to Assess Floating Solar Feasibility in Malaysia

Masdar, Sarawak Energy, and Gentari have joined forces to explore the feasibility of a large-scale floating solar energy project in Malaysia. The initiative, part of broader efforts to advance renewable energy in the region, seeks to harness Malaysia's vast water bodies…

EDGE Group and Fincantieri Collaborate on Advanced Underwater Technologies

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EDGE Group and Fincantieri Collaborate on Advanced Underwater Technologies

EDGE Group, a key player in the UAE’s defense and advanced technology sector, has entered into a strategic partnership with Italian shipbuilding giant Fincantieri to develop next-generation underwater solutions. This collaboration, announced in a series of formal statements…

AI and Low-Carbon Projects to Shape Future Partnerships

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AI and Low-Carbon Projects to Shape Future Partnerships

ADNOC, Masdar, and Microsoft are joining forces to spearhead initiatives that fuse artificial intelligence with low-carbon technology, aiming to accelerate the energy sector's transition to a more sustainable and efficient future. The collaboration among the three compa…

Saudi Arabia Calls for Urgent Global Action at COP16 as Land Degradation Reaches Crisis Levels

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Saudi Arabia Calls for Urgent Global Action at COP16 as Land Degradation Reaches Crisis Levels

Saudi Arabia, as host of the 16th United Nations Convention to Combat Desertification (UNCCD) Conference of the Parties (COP16), is intensifying its call for comprehensive global efforts to address the escalating crises of land degradation, desertification, and drought. Wit…

AI Technology Fuels Decarbonization and Energy Efficiency

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AI Technology Fuels Decarbonization and Energy Efficiency

Top executives across various industries have expressed strong optimism about the role of artificial intelligence (AI) in driving decarbonization efforts and enhancing energy efficiency. As the world grapples with climate change and strives to meet net-zero goals, AI's …

Strategic Alliance for Clean Energy at Abu Dhabi Venue

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Strategic Alliance for Clean Energy at Abu Dhabi Venue

Abu Dhabi's Economic Vision 2030 gains momentum with a pivotal collaboration between the Emirates Water and Electricity Company (EWEC) and the Abu Dhabi National Exhibitions Company (ADNEC). This partnership aims to transform the ADNEC Centre into a hub for clean energy…

Dubai International Airport Secures Global Sustainability Certification

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Dubai International Airport Secures Global Sustainability Certification

Dubai International Airport (DXB) has attained a significant milestone in its sustainability efforts by receiving the Airport Carbon Accreditation (ACA) certification at the "Level 3+ Neutrality" stage. This recognition places DXB among a select group of internati…

ACWA Power Secures $1.78 Billion in Renewable Energy Projects

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ACWA Power Secures $1.78 Billion in Renewable Energy Projects

Saudi Arabia’s ACWA Power has made a significant leap in the renewable energy sector by securing deals worth over $1.78 billion, aimed at bolstering its portfolio in renewable energy and battery storage projects. These agreements come as part of the company's strategy t…

Arctic Polar Bears Face Mobility Challenges as Ice Buildup Causes Paw Injuries

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Arctic Polar Bears Face Mobility Challenges as Ice Buildup Causes Paw Injuries

Arctic polar bears, facing shifting ice conditions and warmer temperatures, are increasingly suffering from painful injuries caused by ice accumulation on their paws, according to recent findings from wildlife research in northern Canada and Greenland. The study, which obse…

BRICS Leaders Seek Swift Action on Land Degradation

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BRICS Leaders Seek Swift Action on Land Degradation

Amid growing environmental threats, BRICS leaders are pushing for urgent measures to combat land degradation, a phenomenon severely impacting ecosystems and communities worldwide. The upcoming UN Land Degradation and Drought conference, scheduled for early next year, aims t…

HSBC Unveils Sustainable Loan for Mid-Sized Corporates

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HSBC Unveils Sustainable Loan for Mid-Sized Corporates

HSBC has launched a sustainability improvement loan targeting mid-sized corporates in the UAE, Egypt, Qatar, and Bahrain, marking a significant step in promoting environmentally responsible business practices in the region. This initiative aims to support companies striving…

Saudi Arabia Launches First Hydrogen-Powered Taxi Initiative

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Saudi Arabia Launches First Hydrogen-Powered Taxi Initiative

A groundbreaking pilot project for hydrogen-powered taxis has been launched in Saudi Arabia, marking a significant stride towards sustainable transportation solutions in the region. This initiative aims to demonstrate the feasibility and efficiency of hydrogen as a clean fu…

Wind Power Shortfall Impedes Global Green Energy Ambitions

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Wind Power Shortfall Impedes Global Green Energy Ambitions

A significant slowdown in wind power development is hindering the world's efforts to meet renewable energy goals, particularly as nations strive to cut carbon emissions in line with climate agreements. Wind energy, once seen as a pivotal solution to transitioning away f…

UAE, Rajasthan Government Sign Landmark Agreement for 60 GW Renewable Energy Project

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UAE, Rajasthan Government Sign Landmark Agreement for 60 GW Renewable Energy Project

A landmark agreement between the UAE and the Government of Rajasthan has been signed, marking a significant development in India's renewable energy sector. The Memorandum of Understanding (MoU) involves a massive ₹3 lakh crore ($36 billion) investment by the UAE, with t…

Hedge Funds Take Bold Positions Against Renewable Investments

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Hedge Funds Take Bold Positions Against Renewable Investments

Hedge funds are increasingly betting against the renewable energy sector, raising concerns over the viability of green investments. As climate change initiatives gain momentum and governments around the world push for a transition to clean energy, a growing number of hedge …

Climate Change Drives Surge in Fish Diseases, Threatening Global Aquatic Ecosystems

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Climate Change Drives Surge in Fish Diseases, Threatening Global Aquatic Ecosystems

Global warming is reshaping ecosystems, with one of the more pressing concerns being its profound impact on aquatic environments. As water temperatures rise, fish diseases are proliferating at alarming rates, placing aquaculture and wild fish populations at greater risk. Th…

Adnoc-Fertiglobe Deal Expands Ammonia Contracts, CEO Signals Future Growth

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Adnoc-Fertiglobe Deal Expands Ammonia Contracts, CEO Signals Future Growth

Fertiglobe, a joint venture between Adnoc and OCI, has positioned itself for a significant expansion in long-term ammonia contracts following Adnoc's acquisition of a 25% stake from OCI. This move strengthens Fertiglobe's ambitions in the global clean ammonia sector…

Middle East Green Initiative Welcomes New Members

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Middle East Green Initiative Welcomes New Members

A coalition of eleven nations has committed to the Middle East Green Initiative, aimed at addressing climate change and promoting sustainable development across the region. This significant expansion follows a recent summit where leaders gathered to discuss collaboration on…

Baltic Eagle Wind Farm Completes Turbine Installation Milestone

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Baltic Eagle Wind Farm Completes Turbine Installation Milestone

Masdar and Iberdrola have successfully completed the installation of the final turbine for the Baltic Eagle wind farm, a significant offshore renewable energy project located in the Baltic Sea. This marks a major milestone in the 476 MW venture, which is set to enhance Euro…

Lake Shore secures $143m green loan for Mumbai mall expansion

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Lake Shore secures $143m green loan for Mumbai mall expansion

Lake Shore India Advisory, supported by the Abu Dhabi Investment Authority (ADIA), has successfully raised $143 million in a green loan to expand its Viviana Mall in Mumbai. This move aligns with the growing trend of sustainable financing in the commercial real estate secto…