COP28 President Dr. Sultan Al Jaber today officially tasked the International Renewable Energy Agency (IRENA) with the establishment of a special annual report series dedicated to monitoring progress and providing recommendations on achieving key energy goals of the UAE Consensus set at COP28. The call to triple renewable power capacity and double energy efficiency by 2030 reflects vital components of the global response to address climate change and keep 1.5°C within reach. The UAE Consensus calls for “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner” with the aim to achieve net zero by…
Author: Manish Kumar
A latest report from EMBER on global renewable power generation said that countries in Middle East like the UAE and Saudi Arabia are trying to diversify their electricity mix, hinting at a transition, away from fossil fuels. Fossil fuel-rich nations in the Middle East, such as the United Arab Emirates and Saudi Arabia, have started to diversify their electricity mixed, the report said. The report said that 60% of solar capacity added was in China, and 14% in Europe. These regions receive relatively little sunlight by global standards. The EMBER report said that there were large additions in countries that…
Arctech recently signed a land lease agreement with Saudi Arabia’s MODON regarding the construction of Arctech’s factory in Jeddah, marking a new phase for Arctech’s Saudi factory investment. The factory will cover around 97,00㎡. Upon completion, it will become Arctech’s second overseas production base following Gujarat, India. Planned for manufacturing high-quality PV tracking systems with a 3GW capacity, it can supply PV projects in the Middle East market. Coupled with Arctech’s global supply chain, the localized production enables a 10GW local delivery capacity, bolstering supply chain resilience overseas. Arctech’s Jeddah factory will drive the local PV industry chain’s development and…
Indian Prime Minister Narendra Modi recently visited the United Arab Emirates (UAE) to hold bilateral talks with the government to boost their ties. One of the key elements of their talks was related to boosting electric connectivity with each other’s collaboration. This involved signing a Memorandum of Understanding (MoU) with each other on this front, a joint statement from the two countries said. President of the United Arab Emirates (UAE), Sheikh Mohamed bin Zayed Al Nahyan and Prime Minister of India Shri Narendra Modi met in Abu Dhabi on February 13, 2024. President Sheikh Mohamed bin Zayed Al Nahyan welcomed…
Saudi Energy Minister Abdulaziz bin Salman recently said the government has asked its state-owned oil company Aramco to halt its capacity additions. This, he said, was meant to expedite the green transition in the country. He said that the halt in new investment in fossil fuels meant the transition. He said the oil company is on its way to becoming an energy company. He also conveyed to the public that the decision was instant but a well-thought-out decision. The recent move has surprised several people in Saudi Arabia’s energy sector, which is dominated by oil and gas. The move comes…
A recent report from the International Energy Agency (IEA) said that while natural gas dominates in electricity generation in the Middle East, renewable energy is also gathering pace. It also said that the region’s electricity demand has also grown moderately. “Middle East electricity demand growth is estimated to have increased by 2% in 2023, down two-thirds from the 3.3% observed in 2022 amid weaker economic activity and despite higher temperatures boosting cooling. For the 2024-2026 outlook period, we forecast stronger growth of an average 3%, led higher by economic growth. Fossil fuel’s share in electricity generation is expected to decline…
Israel’s fast-charging solution provider, StoreDot, has unveiled a breakthrough concept for integrating extreme fast charging (XFC) into electric vehicles. Its new I-BEAM XFCTM concept moves XFC capability from the cell to the vehicle level through an innovative cell-to-pack (CTP) design. At the core of I-BEAM XFCTM sits StoreDot’s proprietary 100in5 cell technology, which enables charging 100 miles, or 160km of range, in just 5 minutes. StoreDot’s 100in5 electrodes are assembled into its new I-BEAM XFCTM cells, which are designed to be incorporated directly into the battery pack, the company from Israel said. While standard cell-to-pack architectures aim to improve range…
A recent report from the International Energy Agency (IEA) claimed that Saudi Arabia is likely to see the highest growth of renewable energy among other Middle Eastern member countries. The report said that the renewable capacity expansion in the Middle East and North Africa is expected to increase by 62 GW from 2023 to 2028. The report said that the highest growth could be seen in Saudi Arabia, but other Middle Eastern countries like the United Arab Emirates (UAE), Morocco, Oman, and Egypt will also see a rise in the addition of clean energy in the days to come. “Renewable capacity expansion…
Global solar tracking and BIPV solution provider company–Arctech entered into a strategic partnership agreement with Alpon Energy in Istanbul, Turkey. This successful agreement marks the expansion of Arctech’s footprint in Turkey. Alpon Energy is a Turkish company with over eight years of expertise in solar energy EPC works and single-axis solar tracking systems. The partnership agreement stipulates that Alpon Energy will serve as a valued partner to Arctech, offering project management, logistical support, exploration of local opportunities, and technical services, including installation supervision and commissioning assistance for the products within the designated territories. “Arctech is a leading company in the…
Schneider Electric, a company dealing with the digital transformation of energy management and automation, has launched its latest research report by the Schneider Electric Sustainability Research Institute (SRI), offering a look into the decarbonization of the Middle East by 2060. Schneider Electric launches report on the decarbonization of the Middle East by 2060 in coordination with Clean Energy Business Council. The report titled Climate Horizon: Opportunities for a greener world in the Middle East – launched in coordination with Clean Energy Business Council (CEBC) – was officially unveiled by Peter Herweck, Chief Executive Officer of Schneider Electric, Vincent Petit, Senior Vice…