Saudi Arabia's Acwa Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday.
Egypt and Japan International Cooperation Agency (JICA) signed a contract on Thursday 19/02/2015 to set up a 200-megawatt wind farm in Gabal el-Zeit area in the Gulf of Suez at a total cost of EGP 1938.9 million.
Abu Dhabi-based green energy firm Masdar has opened three solar photovoltaic micro grid plants in the Pacific island nation of Fiji that will help brings clean energy to some of the outer islands.
Dubai Electricity and Water Authority (DEWA) is participating in the World Future Energy Summit 2015, which is held in Abu Dhabi from 19- 22 January 2015.
Tumbling oil prices look set to hit electric cars and biofuels harder than other parts of the green power industry, the head of the world’s leading renewable energy agency has warned.
The UAE has allocated $700 million (Dh2.5 billion) since 2009 in support of the renewable energy sector in developing countries, a top official said on Saturday.
General Electric (GE) has expressed its willingness to participate in constructing new and renewable energy plants in Egypt, the GE Vice President said according to a Monday cabinet press release.