EnergyFeaturedAbu Dhabi Solar firm Sweihan raises $70 mn via green bondsIFM CorrespondentJanuary 17, 2022 by IFM CorrespondentJanuary 17, 2022 The senior secured bonds have set a coupon of 3.625%... Read more
EnergyFeaturedACWA Power beginning the first phase of the Noor energy projectIFM CorrespondentJanuary 11, 2022 by IFM CorrespondentJanuary 11, 2022 The project is in line with Dubai’s clean energy strategy 2050 and aims to boost Dubai’s clean energy share to 25% by 2030... Read more
EnergyFeaturedACWA Power closes $1.33 bn in financing for the Red Sea Development projectIFM CorrespondentDecember 22, 2021 by IFM CorrespondentDecember 22, 2021 The project will run of 100% renewable energy... Read more
EnergyFeaturedJapanese oil company Eneos acquires a 19% stake in a 35-MWp Vietnamese solar plantIFM CorrespondentDecember 14, 2021 by IFM CorrespondentDecember 14, 2021 Eneos acquired the stakes from Shizen Malaysia Sdn Bhd... Read more
EnergyFeaturedAdnoc and TotalEnergies to collaborate on low-carbon hydrogen and CCS projectsIFM CorrespondentDecember 6, 2021 by IFM CorrespondentDecember 6, 2021 The deal was signed during President Emmanuel Macron's visit to the UAE... Read more
EnergyFeaturedUK government announce £20 mn budget for tidal stream energy projectsIFM CorrespondentNovember 25, 2021November 25, 2021 by IFM CorrespondentNovember 25, 2021November 25, 2021 The government hopes the funds will help develop the marine energy sector... Read more
EnergyFeaturedSolar to account for 21% of Oman’s energy needs by 2030IFM CorrespondentNovember 18, 2021 by IFM CorrespondentNovember 18, 2021 Around 30% of the Sultanate’s energy needs will be met by renewable energy... Read more
EnergyFeaturedBahrain to cut 30% emission by 2035, vows net-zero emissions by 2060IFM CorrespondentNovember 4, 2021 by IFM CorrespondentNovember 4, 2021 It was revealed by His Royal Highness Prince Salman bin Hamad Al Khalifa at the ongoing COP26 in Glasgow... Read more
EnergyFeaturedLow-income countries might see inflation as energy prices increase: World BankIFM CorrespondentOctober 26, 2021 by IFM CorrespondentOctober 26, 2021 Energy prices are expected to increase by more than 2% in 2022... Read more
EnergyFeaturedAround $5tn investment is needed for the next 30 years to meet climate goals: BofAIFM CorrespondentOctober 18, 2021 by IFM CorrespondentOctober 18, 2021 Decarbonisation efforts can boost global inflation by 3% annually by 2030... Read more