Saudi Arabia moves on $5bn hydrogen project
Design and early works are now underway for Saudi Arabia's $5bn Helios Green Fuels project, an industry source tells MEED.
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Banks sign financing agreement for Saudi solar plant
Three local and international banks have signed a project finance agreement with Saudi Arabia’s South...
Four banks to provide Yanbu 4 financing
Four banks, including Korea Development Bank, Standard Chartered Bank, and the Saudi-based National Commercial Bank and Riyadh Bank will provide...
Bids submitted for Dubai electromagnetic pulse study
The Dubai office of US-based legal firm PwC has submitted a low bid of AED1.76m ($479,238) for a contract to...
Singapore plans to increase its renewable power capacity by four times until 2030
In search of a clean and sustainable energy source for the future, Singapore has put all its reliance on solar...
UAE nuclear plant awarded licence for second reactor
UAE Federal Authority for Nuclear Regulation (Fanr) has issued a 60-year operating licence for the second reactor at Abu Dhabi’s Barakah nuclear energy plant. Nawah Energy Company (Nawah), the operations and maintenance…
Belgian firm and Egypt sign hydrogen study
Belgium’s Dredging, Environmental and Marine Engineering Group (Deme) plans to explore green hydrogen production in Egypt. The firm signed an agreement with the Egyptian Ministry of Electricity and Renewable Energy, the Ministry…
Existing transmission set-up forces Australia to put connection caps on renewable electricity generation
The uptake of renewable energy generation has risked the existing transmission system originally built for coal-powered generation in Australia. With the kind of growth expected in the wind and solar…
Andhra Pradesh makes progress in achieving 10 GW solar target for farming needs
The finalization of tender for the development of 5.8 GW solar power plants by the state-owned Andhra Pradesh Green Energy Corporation Limited (APGECL) is a positive move and allows the…
Power blackout forces Texas to relook into equipment winterising rules
Due to a rare deep freeze in the US state of Texas, the power demand has increased immensely. With the residents staying home amid the strong winter storm, the use…
Global battery energy storage market to reach $11.04bn in 2025, says GlobalData
The global battery energy storage is expected to reach $11.04bn in 2025, with the market increasing by close to $5bn, over the forecast period up to 2025. Global power sector…
