TrinaTracker, a subsidiary of Trinasolar Co. Ltd and a global leader in smart solar tracking solutions, has inaugurated a manufacturing facility in Saudi Arabia. Located in Jeddah's 3rd Industrial City, the plant is slated to commence operations in the first quarter of…
Confidence within the energy sector regarding the attainment of global net-zero emissions by 2050 has markedly decreased. The Energy Industries Council reports that only 16% of industry leaders now believe these climate goals are achievable, a significant drop from 45% the…
UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Ukrainian President Volodymyr Zelensky in Abu Dhabi on Monday, marking a significant step towards enhancing diplomatic and economic cooperation between the two nations. The meeting, which took place at Qasr Al Shati,…
In a strategic move to enhance sustainable energy access, Masdar, TotalEnergies, and EPointZero have entered into a framework agreement aimed at delivering clean energy solutions across Africa and Asia. This collaboration seeks to address energy deficits in underserved comm…
Abu Dhabi Commercial Bank Egypt is strategically aligning its operations with sustainability and green finance initiatives, reflecting the growing emphasis on environmentally responsible banking practices within the financial sector. The CEO of ADCB Egypt highlighted that …
French energy giant EDF has entered a strategic partnership with TAQA Group, a Saudi-based energy company, to push forward innovations in geothermal energy technology. The deal, which also includes power generation and HVAC applications as well as compressed air energy stor…
The Environmental, Social, and Governance sukuk market has achieved a significant milestone, with its outstanding value exceeding $50 billion by the end of 2024. This growth underscores the increasing integration of ethical and sustainable principles within Islamic finance…
LEAP, the acclaimed technology event, is expanding into Asia with the introduction of LEAP East, scheduled at the Hong Kong Convention and Exhibition Centre from 9 to 11 July 2026. Organised by Tahaluf, this inaugural event aims to attract global tech leaders, innovators, a…
The United Arab Emirates is intensifying its commitment to sustainable transportation by planning to install 500 electric vehicle charging stations nationwide by the end of 2025. This initiative aims to support the growing adoption of EVs and reduce carbon emissions, alig…
The Middle East confronts a significant and widening disparity between its climate adaptation funding requirements and actual expenditures. According to the Brookings Institution, the region's national adaptation plans and nationally determined contributions estimate …
NEOM and DataVolt have entered into a landmark agreement, marking a significant step toward realizing Saudi Arabia's vision for a sustainable, data-driven economy. This collaboration aims to establish advanced data centers within NEOM, the ambitious megacity under devel…
Dubai is advancing its sustainability agenda with the introduction of the Super Block initiative, aiming to establish car-free zones in key residential areas. This move seeks to enhance environmental quality and promote healthier urban living.
The Super Block concept invol…
Blue bonds, designed to finance marine conservation projects, are fast emerging as a promising avenue for investors and governments looking to meet environmental, social, and governance objectives. These financial instruments, closely linked to sustainable finance, hold gr…
TA’ZIZ, the joint venture between Abu Dhabi National Oil Company and ADQ, has awarded a $1.7 billion engineering, procurement, and construction contract for a major methanol plant in Abu Dhabi. This development underscores the continued strategic expansion of the UAE’s in…
Blockchain technology is increasingly intersecting with renewable energy initiatives, offering transformative solutions that enhance transparency, efficiency, and accessibility in the energy market. This convergence is fostering a new era of decentralized energy systems, wh…
The likelihood of wildfires in Los Angeles has increased by 35 percent due to climate change, a new report suggests. According to the findings, rising temperatures, altered precipitation patterns, and prolonged droughts, all exacerbated by global warming, have contributed t…
ADNOC Gas has entered into a strategic partnership with the Emirates Water and Electricity Company (EWEC), marked by a 10-year natural gas sales and purchase agreement valued at $10 billion. This collaboration ensures a stable and flexible supply of natural gas, a critical …
Etihad Rail has launched the region's first "CO2 Emission Avoidance and Reduction Certificates," enabling businesses to quantify and validate the carbon savings achieved by choosing rail over alternative transport modes. This initiative aligns with the UAE'…
Masdar, the UAE-based renewable energy powerhouse, has announced a monumental venture in the Philippines, committing $15 billion towards the development of clean energy projects. This move marks a pivotal expansion for Masdar, aiming to bolster its growing footprint in Sout…
The United Arab Emirates' state-owned energy firm, Masdar, has entered the Philippine renewable energy market by signing a $15 billion agreement to develop solar, wind, and battery energy storage systems. This initiative aims to deliver up to 1 gigawatt (GW) of clean po…
Chinese solar giant Trinasolar is seeking a strategic partner in the United Arab Emirates (UAE) for a major solar power initiative valued at $5 billion. This ambitious project is designed to further the company’s foothold in the Middle East’s rapidly expanding renewable ene…
ADNOC Gas is exploring innovative technologies aimed at transforming methane into graphene and hydrogen, positioning itself at the forefront of energy sector innovation. This breakthrough approach could redefine the future of energy production, reduce carbon emissions, and …
AM Green, a prominent producer of green hydrogen and ammonia, has entered into a strategic partnership with DP World, a global logistics leader, to establish a sustainable supply chain for green fuels and chemicals. This collaboration aims to position India as a central hub…
Abu Dhabi is set to become the site of the world's largest 24/7 solar photovoltaic (PV) and battery storage facility, a groundbreaking project that aims to deliver 1 gigawatt (GW) of uninterrupted renewable energy daily. This initiative marks a significant advancement i…