Dewa had 884,404 water customers and 990,258 electricity customers as of the end of 2020. (Image source: Adobe Stock)

State utility Dubai Electricity & Water Authority (DEWA) has appointed US investment bank Moelis and local bank Emirates NBD to advise on DEWAs planned initial public offering (IPO), according to Energy and Utillities report

Acwa Power revealed it had sold a 32% equity stake in the oil-fired Shuqaiaq power and water plant, part of its net zero target. (Image source: Adobe Stock)

Saudi Arabia?s ACWA Power has been selected to develop 1.1GW of wind power in Egypt, the developer revealed in its first quarterly results since launching its initial public offering (IPO) in October

Morocco is planning to use its abundant renewable energy sources to position itself as a global green hydrogen and green ammonia hub. (Image source: Adobe Stock)

Morocco is aiming to push ahead with a tender for a 100MW green hydrogen electrolyser project in 2022, according to Informa Markets? Egypt Energy conference

The new accelerator platform will help mitigate investment risks and finance renewable energy projects in developing countries that may otherwise struggle to secure sufficient capital. (Image source: Adobe Stock)

The UAE and the International Renewable Energy Agency (IRENA) have announced the Energy Transition Accelerator Financing (ETAF) Platform, a new global climate finance facility to accelerate the transition to renewable energy in developing countries