Wednesday , 20 November 2019

Green Technologies

Work on $3bln Saudi Arabia’s New Taif energy project begins

TAIF – A major solar energy plant will be established in the techno valley of this summer resort as part of the SR11 billion New Taif project. The King Abdulaziz City of Science and Technology (KACST) has started building 600 bases for the plant. The energy project includes establishment of solar panels on the bases and construction of management and security …

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Renewable power potential in the Middle East

Declining renewable energy prices and increasing energy demand in the Middle East and North Africa (Mena) region present a unique opportunity for stakeholders to accelerate renewable energy production, invest in long-term competitiveness and energy security. The bright future for renewable energy in the region was explored in-depth at a recent Bloomberg New Energy Finance (BNEF) event in Dubai, attended by …

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Abu Dhabi to recycle, re-use all waste water by 2020

Growth of emirate’s population in last four decades also impacted the emirate’s environment negatively Abu Dhabi: By 2020 Abu Dhabi will recycle and re-use all of its wastewater within the emirate, officials said on Monday. As it stands now, Abu Dhabi currently reuses only five per cent of its treated wastewater while the emirate uses 60 per cent groundwater and …

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WGES 2017: Region needs green bonds to fund renewable schemes, says bank project finance head

By: Imogen Lillywhite, ZAWYA Capital markets need to get involved in investing in green projects to meet the region’s renewable energy targets, according to a UAE banking head. Frank Beckers, head of project finance and advisory, First Abu Dhabi Bank, told delegates at the World Green Economy Summit in Dubai on Wednesday that while the region was leading the way …

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WGES 2017: Dubai’s National Bonds signs $653 mln deal to finance clean energy projects

Dubai Electricity and Water Authority (DEWA) on Tuesday signed an agreement with National Bonds to set up a 2.4 billion UAE dirham ($653.4 million) green fund at the World Green Economy Summit (WGES) that opened in Dubai today. “The fund will also be the first major green fund that will have a dedicated arm for Sharia-compliant investments,” Saeed Mohammed Al …

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District cooling key to energy storage in future

District cooling and tri-generation will play an increasingly vital role in the storing and integration of intermittent renewable energy sources in the future, said an engineering consultancy expert. “We are all aware that renewables are on the way to becoming the dominant source of energy. But because of the intermittent nature of renewables particularly solar and wind as a power …

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Saudi Arabia issues rules for small-scale solar energy generation

Saudi Arabia has issued a regulatory framework for electricity consumers to operate their own, small-scale solar power generating systems and export unused power to the national grid, the government said on Monday. The rules will come into force next July 1 and cover small photovoltaic facilities with generating capacity of no more than 2 megawatts, the Electricity and Cogeneration Regulatory …

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Mideast renewable power sold as low as $30/MWh

Economic and environmental sustainability has a direct relationship in which environmental measures contribute to economic gain. As more companies aim to increase their bottom line, growth stage companies that work along the value chain of the green industrial revolution are beginning to experience rapid growth. “Investors who want to be a part of the Green Industrial Revolution’s success story need …

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Egypt adopts river banks natural filtration technology to deliver drinking water at low cost

As part of the project’s objectives of supporting and developing the infrastructure, the project was able to provide clean drinking water with innovative technology to 150,000 residents of Al Adwah and Maghagha centers in Minia governorate in less than 6 months and at a cost of less than 5% of the cost of water delivery using traditional technology As Egypt …

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Project for solar-powered electric boat transport in the Middle East and North Africa receives US$1 million UN Energy Grant

The project “Solar Fuelled Electric Maritime Mobility” by SINTEF, an independent non-profit research institute based in Norway, seeks to demonstrate the feasibility and the social, economic and environmental benefits of solar-fuelled electric boat transport in Tunisia and the wider region Furthermore, the project will conduct capacity development workshops for Tunisian and other regional stakeholders. A partnership working to promote solar-powered …

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