Petronas to commit 5% of expenditure for renewable energy
Demand for gas to increase by 3.5% to 4% each year over the next five years...
Category : Energy
Qatar to build solar project with Total and Marubeni for $467 mn
The project is an effort to decrease carbon emissions and increase clean energy production for exports...
EBRD to finance Masdar, Infinity joint projects for up to $60 mn
The joint venture known as Infinity Power will work on renewable energy projects in Africa and Egypt...
Saudi Arabia creates ‘renewable energy strategy’ to free up oil exports
A good energy mix is crucial to the Kingdom’s long-term economic prosperity...
ADFD to fund $105 million for energy projects in 8 countries
The IRENA-ADFD alliance has a cumulative funding of $350 million till now...
Renewable energy to help Oman save up to $1 bn
Oman plans to generate at least 10% of its energy demands from renewables...
Renewable energy now over 90% of Kenya’s energy mix
Kenya recently launched its new 50 MW solar plant to achieve the milestone...
China’s State Grid buys 49% stake in Oman electricity Utility
State Grid paid $1 bn to Oman’s Electricity Holding Company for the stake in Oman Electricity Transmission...
Europe’s biggest banks told to end financing for coal power plants
Barclays and Standard Chartered emphasised that they no longer finance new or existing firms relying on coal plants...
GCC: Solar projects to create 200,000 jobs by 2030
GCC nations will generate 40GW of energy through solar projects by 2030...