COP28: Arab Energy Fund Invests $1bn in Decarbonisation Tech

During the ongoing COP28 in Dubai, the Arab Energy Fund (formerly APICORP) announced plans to invest…

Energy Firms Partner to Increase Renewable Export to Africa

Desert Technologies, a renewable energy solutions provider and Elsewedy Electric LLC, an integrated energy and infrastructure…

EU Countries Climate Ministers to Decide COP 28 Summit Position 

EU countries’ climate ministers are to meet Today to decide the bloc’s negotiating position for this year’s…

OPEC Criticises Call to Halt New Oil Project Investments

The General Secretary of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has criticised calls…

ARAMCO, Siemens Partner for Lower-carbon Hydrogen Plant

In a significant move towards sustainability and reducing carbon emissions, Saudi Arabia’s ARAMCO will sign a…

Private Equity Funds to Invest in Africa’s Energy Transition

The investment director for infrastructure equity at British International Investment, Saad Ul Islam, has disclosed that…

ACWA Power Signs an MoU for a Wind Energy Project in Egypt

ACWA Power, the world’s largest private water desalination company and a pioneer in green hydrogen, along…

Bena in Deal with UK to Explore Opportunities in Energy Sector

Saudi-based Bena Steel Industries has entered into a strategic partnership agreement with UK-based energy solutions provider…

Morocco’s Masen Issues List of Prequalified Bidders for Noor Midelt II Solar Power Project

Morocco’s renewable energy development company Masen announced on Monday the list of prequalified companies and consortiums…

NexWafe Raises 30 mln Euros in Financing

Today, German solar wafer producer NexWafe said it had raised 30 million euros ($33.02 million) in…