The Arab Petroleum Investments Corporation (APICORP) and Islamic Development Bank (IsDB) have launched a US$1bn financing initiative to support utility projects in the Arab region
Energy
JPEmbedded to unveil smart grid solutions at World Future Energy Summit
JPEmbedded will present state-of-the-art smart grid communication solutions at World Future Energy Summit in Abu Dhabi
Masdar signs agreement to develop 100MW solar project in Georgia
UAE-based Masdar has signed a joint development agreement (JDA) with the Georgian Energy Development Fund (GEDF) to develop a 100MW photovoltaic (PV) solar project, which will be Georgia?s largest solar project
Germany gets green light to subsidise green hydrogen outside of EU
The European Commission has approved Germany?s H2Global initiative to invest US$1bn in subisdising green hydrogen production in non-EU countries to import into Germany
AlNowais to invest US$1bn in Egypt renewable projects
UAE-based AlNowais Investments is to invest US$1bn in two clean energy projects in Egypt, both of which will be commissioned within the next three years