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Renewables

The 2,060MW solar PV IPP set to be developed in Makkah province, western Saudi Arabia. (Image source: Adobe Stock)

The Water and Electricity Holding Company (Badeel), a wholly owned company by the Public Investment Fund (PIF), and ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has signed power purchase agreements to develop a 2,060 MW solar photovoltaic (PV) plant in Al Shuaibah, Makkah province

bp will carry out several studies to evaluate the technical and commercial feasibility of developing a multi-phase, large scale green hydrogen (gH2) export hub in Egypt. (Image source: bp)

bp has signed a memorandum of understanding (MoU) with the Government of Egypt under which it will explore the potential for establishing a new green hydrogen production facility in the country

Veolia joins BEEAH Group and Masdar to operate and maintain regions first waste to energy plant. (Image source: Veoila)

Veolia Near & Middle East, the global leader in optimised resource management, BEEAH Group, the Middle Easts sustainability pioneer, and Masdar, the global leader in renewable energy solutions, have formed a joint venture to operate and maintain the Sharjah Waste to Energy Plant – the regions first of its kind at commercial-scale

Utility-scale solar PV and onshore wind are the cheapest options for new electricity generation in a significant majority of countries worldwide. (Image source: Adobe Stock)

The global energy crisis is driving a sharp acceleration in installations of renewable power, with total capacity worldwide set to almost double in the next five years, overtaking coal as the largest source of electricity generation along the way and helping keep alive the possibility of limiting global warming to 1.5 °C, the IEA says in a new report

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