Tag : renewable energy

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OPEC Fund signs €50 million loan agreement with Montenegro

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The OPEC Fund for International Development (OPEC Fund) has formalized its first collaboration with Montenegro, signing a €50 million loan agreement to bolster the nation’s...
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Drydocks World wins Ostwind 4 project to power two million homes

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Drydocks World, a subsidiary of DP World, has been awarded a key contract to deliver the Ostwind 4 offshore wind grid connection project in Germany....
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UAE and Slovenia strengthen ties with focus on trade and energy

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MENA Newswire News Desk: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan hosted President Dr. Nataša Pirc Musar of Slovenia in Abu Dhabi today...
Business

WEF unveils Playbook of Solutions to accelerate clean energy financing

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MENA Newswire News Desk: The World Economic Forum (WEF) today unveiled its Playbook of Solutions, a comprehensive digital platform designed to enhance clean energy investments...
Business

ADNOC’s UAE sustainable energy and local manufacturing drive

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In a significant gathering at the ADNOC Headquarters, UAE President Sheikh Mohamed bin Zayed Al Nahyan chaired the annual ADNOC Board of Directors Meeting. During...
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The intricate path towards tripling global renewable energy by 2030

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The global renewable energy landscape underwent a dramatic transformation in 2023, with capacity growing by 50% to 510 gigawatts (GW), marking the most significant increase...
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World Bank targets $10 billion climate aid for MENA by 2025

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The World Bank has announced an ambitious plan to escalate climate financing in the Middle East and North Africa (MENA) region, aiming to allocate $10...