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Acwa Power gets the thumbs up to draw USD 2.3 bn loan for solar projects
The projects will have a total capacity of 4.5 GW
EDF and Korea Western Power set to build UAE’s 1.5 GW Al Ajban solar project
The project’s estimated value is USD 748 mn
Algeria’s Sonatrach and Norway’s Equinor team up on carbon capture
Both companies will explore the feasibility of integrating carbon storage units across two of Algeria’s largest gas fields
Kuwait’s Shagaya solar farm’s feasibility study is complete
A Chinese government-owned firm presented its feasibility study on a planned solar power farm in Kuwait’s Al Shagaya Renewable Energy…
TODAY: The Greece-Saudi interconnection project is happening + The world’s first air taxi service in Dubai
What we’re tracking this morning regionally and around the world
Spain’s PVH launches new solar tracking system
The system can withstand severe weather conditions and protect the installation from damage
Lots of green finance, M&A, and energy updates from around the region
Bahrain’s ABC extended a sustainability-linked credit facility to be used for the procurement of recycling machinery
KSA’s solar-powered desalination plant Yanbu 4 starts production
The plant is powered by 20 MW of solar energy
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