Author: baset_asaba
Siemens has already successfully implemented retrofits to seven Ministry buildings, resulting in 20% energy and water savings.
The UAE is confident that COP29 will achieve great success, resulting in a more sustainable future for the global community, future generations, and our planet.
The new developments align with Saudi Arabia’s Vision 2030 energy goals, which aim to generate 50% of the Kingdom’s electricity from efficient gas technology and the remainder from renewable energy sources.
The solar photovoltaic plant, with a capacity of 2,000 MWac, will be located in the Sadawi Region and is part of the final phase of the Saudi government’s National Renewable Energy Program (NREP).
Thierry Dezenclos, CEO, Veolia, UAE, on how MAGMA is transforming hazardous waste management in the region through innovation, sustainability, and a bold vision for a greener future in the MENA region. MAGMA was established in 2023 as a joint venture between Veolia, Tadweer Group and Vision Invest.
AIM for Climate’s footprint expands to historic proportions as it approaches its sunset: from $17 billion to $29.2 billion in increased investments, 129 Innovation Sprints, and over 800 partners worldwide.
The agreements, signed with the Saudi Power Procurement Company (SPPC), cover the development of the Rumah-1 and Al-Nairyah-1 power plants.
PPAs for the Rumah 1 and Nairyah 1 IPPs, each with a capacity of 1,800 MW, were secured by a consortium led by ACWA Power, Saudi Electricity Company (SEC), and Korea Electric Power Corporation (KEPCO).
ENEC steps into its new role as an investor, developer and generator of clean electricity on the global stage
The projects, financed by the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), and the Asian Infrastructure Investment Bank (AIIB), represent a combined investment of over $600 million.