Renewables

ACWA Power-led consortium signs project agreement for Egypt wind farm

ACWA PowerACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, has inked a project agreement to develop a 1.1GW wind project in Egypt, at an investment value of US$1.5bn

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IRENA and RCREEE strengthen energy transition collaboration in MENA region

Renewable Energy 13 JuneThe International Renewable Energy Agency (IRENA) and the Regional Centre for Renewable Energy and Energy Efficiency (RCREEE) agreed to strengthen their collaboration on scaling up renewable energy deployment in the Middle East and North Africa (MENA) region

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UAE and Egypt's consortium to buy African renewables firm Lekela Power

Lekela Power 10 MayA consortium of UAE-based Masdar and Egypt?s Infinity Energy has planned to buy a majority stake in Lekela Power from private equity vehicle Actis

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Roll-Royces' step towards meeting net zero goals

TRME ATR2Rolls-Royce has taken a significant step towards meeting its net zero goals, set out last year, with the approval of its mtu Series 4000 and Series 1600 diesel engines for use with sustainable fuels in power generation applications

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Bosch to invest up to US$519mn to develop components for hydrogen electrolysis

Bosch hydrogen generation 13 MayBosch has been planning to invest up to US$519mn towards the development of electrolyser components under its mobility solutions business sector by the end of the decade

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