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Renewables

Tunisian government is preparing a national strategy for solar power generation with the aim of reaching 3.8GW of installed solar power by 2030. (Image source: Adobe Stock)

The concession agreement and power purchase agreement (PPA) for UAE-based AMEA Power's 100MW photovoltaic (PV) solar plant in Tunisia have been ratified by the government

Solar PV and wind dominate the expected capacity additions, contributing 85% of the 220 GW to be installed this year. (Image source: Adobe Stock)

New utility-scale renewables capacity is set to break records in 2022, hitting an all-time high of 220 gigawatts (GW) globally with investments surpassing US$300bn for solar and wind combined, according to a Rystad Energy research

The energy requirements for the development will be generated on a sustainable, fully dispatchable basis by a 340MW solar photovoltaic plant. (Image source: Adobe Stock)

A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the US$1.302bn senior debt facilities for the Red Sea multi-utilities project

COP27 and COP28 events is a massive opportunity for the region to benefit from increased investment from across the globe. (Image source: Adobe Stock)

The selection of Egypt and the UAE to host the COP27 and COP 28 conferences in the next two years is expected to kickstart clean energy initiatives and drive international investment into the Middle East and Africa regions

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