World Bank backs Morocco hydropower storage with $265m
The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility planned for the country’s north....
Tag : Clean Energy
India and Canada reset ties with trade and uranium deal
NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during...
Exus Renewables to buy 60% stake in Masdar Portugal wind
ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind...
ADNOC LNG supply to boost India’s energy security
The Abu Dhabi National Oil Company (ADNOC) has signed a 15-year Sales and Purchase Agreement with Indian Oil Corporation Ltd (IndianOil) for the supply of...
Global energy demand growth 2024 triggers gas demand spike
Global energy demand increased sharply in 2024, rising by 2.2% and nearly doubling its average annual growth rate of the previous decade, according to the...
Austria unveils Industrial Hydrogen Valley to cut industrial emissions
Austria has launched the Industrial Hydrogen Valley (HI2-Valley) initiative to advance industrial decarbonization and accelerate the transition to clean energy. The project aims to establish...
OPEC Fund co-finances Africa’s largest onshore wind power project
The OPEC Fund for International Development (OPEC Fund) has announced its contribution of $30 million to co-finance Africa’s largest onshore wind power project. This initiative...
Japan targets 60 percent emissions cut by 2035 amid global climate push
The Japanese government has announced plans to reduce greenhouse gas emissions by 60 percent by fiscal year 2035, using 2013 as the baseline. The decision,...
Drydocks World wins Ostwind 4 project to power two million homes
Drydocks World, a subsidiary of DP World, has been awarded a key contract to deliver the Ostwind 4 offshore wind grid connection project in Germany....
UAE allocates $100 million to combat hunger at G20 summit
MENA Newswire News Desk: Representing UAE President Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu...