Clean energy

France's EDF reportedly dropped from Saudi Neom project: What to know

EDF was appointed by the Saudi government in January 2024 to carry out preliminary studies on the conception and construction of a hydroelectric power plant in Neom.

Saudi Arabia

UAE's Alterra targets Italian solar as part of $250B green finance drive

The Emirati private investment fund aims to mobilize $250 billion through partnerships in global climate finance annually.

United Arab Emirates

Qatari-led consortium signs $7B deal with Syria for 5,000 MW of electricity

Syria’s electricity grid needs extensive expansion after 14 years of civil war.

Syria

On fifth Greece visit, Egypt’s Sisi and Mitsotakis advance energy projects: What to know

The new partnership agreement appears to further cement the two nations' growing ties even as migration challenges persist.

Egypt

Jerusalem wildfires rage for second day as environmental groups blame Netanyahu

According to Israeli environmental groups, the government has repeatedly ignored calls to prepare for the threat of fires and to take more decisive action on climate change goals.

Israel

Saudi Aramco CEO warns of 'painful awakening' as energy costs rise

Amin Nasser said that green energy would not replace oil as demand for crude continues to grow, especially from the Global South.

Saudi Arabia

Exclusive

Saudi finance minister hints kingdom could meet 2030 renewables target early

On Monday, the kingdom commissioned its largest battery energy storage system to its grid, with a capacity of 500 megawatts and the ability to store 2,000 megawatt hours of electricity.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

Exclusive

Global renewables surge forward despite Trump’s climate reversals, says IRENA chief

Although Gulf countries are still heavily reliant on oil and gas, they are quickly moving toward a greener system, International Renewable Energy Agency head Francesco La Camera told Al-Monitor.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

Gulf wealth funds propel Middle East deals in 2024

The Gulf region continued its trajectory toward becoming a global investment powerhouse as sovereign wealth funds fed capital into AI, clean energy, entertainment, sports, start-ups and tourism.

Saudi Arabia

Analysis

Despite green energy deal blitz, Middle Eastern climate efforts fell flat in 2024

This year saw significant progress in the Middle East and North Africa's renewable energy growth, but the transition from fossil fuels remains an elusive goal.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

UAE's AMEA Power commissions Egypt's largest solar plant

Egypt's Aswan governorate is set to host the country’s largest solar project in a deal with the Emirati energy firm.

Egypt

UAE to host world's largest production plant for certain bioplastics

The world's largest bioplastic plant will soon become an industry player in Abu Dhabi's free trade zones.

United Arab Emirates