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UAE Surpasses Renewable Energy Goals for 2030, IEA Reports

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UAE Surpasses Renewable Energy Goals for 2030, IEA Reports

Ambitious renewable energy goals set by the UAE have not only been met but are expected to be exceeded by 2030, according to a recent report from the International Energy Agency (IEA). The report highlights the nation’s strategic investments and policies that have accelerat…

Etihad Rail embarks on green energy revolution with solar terminal

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Etihad Rail embarks on green energy revolution with solar terminal

Etihad Rail has taken a bold step toward sustainable operations by initiating a solar-powered freight terminal at Ghuweifat. This project, developed in partnership with Emerge, marks a milestone in the UAE's commitment to green energy as part of the nation's broader…

ADT and Urbanloop Join Forces to Explore Sustainable Urban Transport Solutions in the UAE

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ADT and Urbanloop Join Forces to Explore Sustainable Urban Transport Solutions in the UAE

A strategic partnership between Abu Dhabi Terminals (ADT) and the French tech company Urbanloop has been established to explore sustainable and innovative urban mobility solutions in the UAE. This collaboration marks a significant step toward addressing the growing need for…

COP28 President Urges Global Action on UAE Climate Consensus

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COP28 President Urges Global Action on UAE Climate Consensus

COP28 President Sultan Al Jaber has called on world leaders to fully implement the "UAE Consensus," a pivotal roadmap designed to accelerate climate action and socio-economic development. Addressing the Pre-COP29 session, Al Jaber emphasized the urgency of buildin…

ING Appoints Jonathan Keyes to Lead Sustainable Finance in Middle East

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ING Appoints Jonathan Keyes to Lead Sustainable Finance in Middle East

Jonathan Keyes has been appointed as the Head of Sustainable Finance for the Middle East by ING, the Dutch multinational banking and financial services corporation. This strategic move aligns with ING's commitment to promoting sustainability and supporting clients in th…

Saudi Arabia pushes forward with $10bn green hydrogen investment

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Saudi Arabia pushes forward with $10bn green hydrogen investment

Saudi Arabia is positioning itself at the forefront of green hydrogen production, with its Public Investment Fund (PIF) leading a $10 billion push into the sector. As part of Vision 2030, the Kingdom is leveraging its renewable energy resources—chiefly solar and wind power—…

Climate Change Faces Impact from Israel-Gaza Conflict

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Climate Change Faces Impact from Israel-Gaza Conflict

Escalating hostilities between Israel and Gaza are revealing not only humanitarian crises but also hidden environmental costs that threaten long-term climate stability in the region. As violence intensifies, the ecological impact exacerbates existing challenges posed by cli…

Qatar Electricity and Water Company prepares 500 MW solar project to expand its green portfolio

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Qatar Electricity and Water Company prepares 500 MW solar project to expand its green portfolio

Qatar Electricity and Water Company (QEWC) has announced its plans to develop a new solar power project with a capacity of 500 megawatts (MW), further reinforcing its commitment to sustainable energy. This venture aligns with Qatar’s broader push toward diversifying energy …

Gulf States Compete for Low-Carbon Metal Production Ahead of EU Tax

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Gulf States Compete for Low-Carbon Metal Production Ahead of EU Tax

Gulf states are rapidly advancing their initiatives to produce low-carbon metals as the European Union prepares to implement its carbon border adjustment mechanism (CBAM). This development represents a significant shift in the region's industrial strategy, focusing on s…

TAQA secures $1.75 billion with dual-tranche bond issuance

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TAQA secures $1.75 billion with dual-tranche bond issuance

Abu Dhabi National Energy Company (TAQA) has successfully priced its $1.75 billion dual-tranche bond offering, continuing its strategy of leveraging debt to support both its business objectives and environmental commitments. The issuance consists of two portions: a seven-ye…

Masdar Sees Rapid Growth in US Renewable Energy Market

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Masdar Sees Rapid Growth in US Renewable Energy Market

Masdar, the renewable energy subsidiary of Abu Dhabi's Mubadala Investment Company, is experiencing accelerated growth in the United States, reflecting the country’s increasing commitment to clean energy. The company's expansion strategy in the US has been underscor…

Abu Dhabi’s ADQ Collaborates with EQTY Lab for ClimateGPT Initiative

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Abu Dhabi’s ADQ Collaborates with EQTY Lab for ClimateGPT Initiative

Abu Dhabi's Abu Dhabi Holding Company (ADQ) has joined forces with EQTY Lab to introduce ClimateGPT, an innovative artificial intelligence tool aimed at addressing climate change challenges. The collaboration emphasizes the commitment of both organizations to leverage c…

Dubai Airports to Unveil Major Solar Panel Initiative

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Dubai Airports to Unveil Major Solar Panel Initiative

Dubai Airports is set to embark on an ambitious project to establish the largest rooftop solar panel installation at an airport worldwide. This initiative aligns with the UAE's commitment to sustainability and aims to significantly enhance the energy efficiency of Dubai…

Masdar Planning New Green Bond Launch for 2025

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Masdar Planning New Green Bond Launch for 2025

Masdar, the renewable energy subsidiary of Abu Dhabi's Mubadala Investment Company, is gearing up to launch a new green bond as part of its strategic financing efforts aimed at expanding its renewable energy portfolio. Chief Financial Officer, Mohamed Jameel Al Ramahi, …

Abu Dhabi Invites Bids for 1.5GW Al-Zarraf Solar Project

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Abu Dhabi Invites Bids for 1.5GW Al-Zarraf Solar Project

A significant step towards enhancing its renewable energy landscape has been initiated by Abu Dhabi, as it officially announced the launch of a competitive bidding process for the 1.5-gigawatt (GW) Al-Zarraf solar independent power project (IPP). This initiative aligns with…

ADQ Teams Up with EQTY Lab to Advance Climate Solutions

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ADQ Teams Up with EQTY Lab to Advance Climate Solutions

Abu Dhabi Developmental Holding Company (ADQ) has announced a strategic partnership with Swiss artificial intelligence firm EQTY Lab to enhance climate solutions across diverse sectors. This collaboration aims to utilize AI and data analytics to facilitate a sustainable fut…

UK Fleet Biofuel Transition Cuts dnata’s CO2 Emissions by 2,400 Tonnes

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UK Fleet Biofuel Transition Cuts dnata’s CO2 Emissions by 2,400 Tonnes

A significant shift to biofuels for dnata’s UK operations has resulted in a reduction of over 2,400 tonnes of carbon dioxide emissions annually. This transition aligns with the global push for more sustainable practices in the aviation industry and highlights dnata’s commit…

Middle East Consumers Factor Climate and Inflation into Choices

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Middle East Consumers Factor Climate and Inflation into Choices

Consumer behavior in the Middle East is evolving significantly, driven by a complex interplay of climate change concerns and rising inflation. A recent survey conducted by PwC reveals that while economic pressures are palpable, consumers are increasingly willing to pay a pr…

COP29 Countdown Sparks Global Momentum for Climate Action

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COP29 Countdown Sparks Global Momentum for Climate Action

Preparations for the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change are gathering pace, with significant emphasis on collaborative strategies to implement the UAE Consensus. Scheduled to be held in Abu Dhabi from November…

Masdar Expands Renewables Presence in the U.S. with Terra-Gen Deal

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Masdar Expands Renewables Presence in the U.S. with Terra-Gen Deal

Masdar, a prominent clean energy company based in Abu Dhabi, has intensified its commitment to renewable energy in the United States by acquiring a 50% stake in Terra-Gen, a leading independent power producer (IPP). This strategic investment, valued at approximately $1 bill…

Adnoc Drilling Launches Major $1.7 Billion Initiative

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Adnoc Drilling Launches Major $1.7 Billion Initiative

Adnoc Drilling has initiated a significant campaign targeting unconventional oil and gas resources, with an investment exceeding $1.7 billion. This move underscores the company's commitment to expanding its operational capabilities and enhancing its production capacity …