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Middle East & Africa

Siemens in Al Arabiya: Negotiations With “Mubadala” to Produce Green Hydrogen – EQ Mag Pro

Siemens Energy President and CEO, Dr. Christian Bruch, said his company has signed a memorandum of understanding with Egyptian Electricity Holding Company to start a pilot project for green hydrogen production, and that it is currently aiming to identify aspects of the project and what it needs the knowledge, infrastructure and skills necessary to exist […]

Eskom Considers $7.2 Billion in Wind and Solar Investment by 2030 – EQ Mag Pro

Eskom Holdings SOC Ltd., which supplies almost all South Africa’s electricity from coal-fired power plants, is considering spending 106 billion rand ($7.2 billion) on wind and solar energy by 2030. The investment plan, which Eskom could carry out by itself or in partnerships, is the most detailed demonstration yet of the utility’s ambition to move […]

Swedish Fund Finances Five African Solar Projects – EQ Mag Pro

Trine joins forces with Solarise Africa to support schemes in South Africa and Kenya. Swedish-based impact investment platform Trine is collaborating with Solarise Africa, a pan-African energy leasing company, to invest in renewable projects on the continent. The first debt financing round provided by Trine will finance five solar projects in South Africa and Kenya. […]

Bank of Bahrain And Kuwait Offering Loans to Buy Solar Panels – EQ Mag Pro

The loan comes with special benefits including fast approvals, waived bank fees, competitive interest rates. MANAMA: BBK is offering loans to businesses and home owners for purchase of solar panels from accredited Bahraini suppliers. The bank announced yesterday that the initiative is in line with a social responsibility focus on the environment and its commitment […]

Projects: RAK’s Innovative Tender Prequalifies Companies For Distributed Solar Initiative – EQ Mag Pro

The emirate is also studying about utility and floating solar PV, wind farms, ocean energy, and green hydrogen projects. Ras Al Khaimah has prequalified companies for its distributed solar initiative with a total aggregate capacity of 15 megawatts peak (MWp). The emirate had rolled out its zero-export distributed solar programme with a first aggregated solar […]

‘UAE Will Proudly Host Expo 2020 Dubai’: Sheikh Mohammed Bin Rashid, Sheikh Mohamed Bin Zayed Tweet – EQ Mag Pro

The Dubai Ruler reviewed Expo preparations a month ahead of the global event. Dubai : His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai, today reviewed the final preparations being made to host Expo 2020 Dubai. “All teams are ready to host the […]