Tag : Clean Energy

Business

World Bank backs Morocco hydropower storage with $265m

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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. The financing backs a major storage project designed to help...
Business

India and Canada reset ties with trade and uranium deal

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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 Carney’s official visit to India from Feb. 27 to March...
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Exus Renewables to buy 60% stake in Masdar Portugal wind

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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 portfolio, the companies said. The transaction covers nine onshore wind...
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UAE and Korea strengthen cooperation in energy and advanced industry

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SEOUL, December 19, 2025: The United Arab Emirates and the Republic of Korea have reaffirmed their commitment to strengthening cooperation in energy, industry, and advanced technology during an official visit by Dr. Sultan Ahmed Al Jaber,...
Austria unveils Industrial Hydrogen Valley to cut industrial emissions
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Austria unveils Industrial Hydrogen Valley to cut industrial emissions

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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 a large-scale green hydrogen ecosystem, reducing greenhouse gas emissions and...
OPEC Fund co-finances Africa’s largest onshore wind power project
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OPEC Fund co-finances Africa’s largest onshore wind power project

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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 involves the construction of two wind farms, each with a...
Japan targets 60 percent emissions cut by 2035 amid global climate push
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Japan targets 60 percent emissions cut by 2035 amid global climate push

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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, approved on Tuesday, was finalized during a joint meeting involving...
Drydocks World wins Ostwind 4 project to power two million homes
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Drydocks World wins Ostwind 4 project to power two million homes

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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. The ambitious initiative, developed in partnership with GE Vernova and...
UAE allocates $100 million to combat hunger at G20 summit
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UAE allocates $100 million to combat hunger at G20 summit

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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 Dhabi, delivered the UAE’s address at the opening session of...
Ministers discuss equitable solutions for energy transitions at G20 meeting
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Ministers discuss equitable solutions for energy transitions at G20 meeting

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MENA Newswire News Desk: The Global Commission on People-Centred Clean Energy Transitions, recently established by the International Energy Agency (IEA), convened for the first time in Foz do Iguaçu, Brazil, alongside the G20 energy ministers...