Mohammed bin Rashid Solar Park targets 5 GW by 2030.

DEWA halted all new fossil fuel power projects.

DEWA built 250 MW pumped‑storage hydro plant in Hatta.

DEWA green hydrogen plant produces ~400 kg/day.

DEWA operates 380+ EV charging stations, aims 1,000 by 2025.

DEWA IPO raised 6.1B USD, oversubscribed 37×.

DEWA investments reduced electricity loss to 2.2% and water loss to 4.5%.

Al Jalila Foundation signed decarbonisation MoU with Positive Zero.

Positive Zero solar rooftop at Al Jalila cuts 3,100 t CO₂ annually.

Saudi Arabia aims 40 GW solar PV by 2030.

Saudi Green Initiative targets 50% renewable share by 2030.

Positive Zero and Tamimi Energy partner for Saudi solar projects.

SirajPower 200 MW distributed solar cuts 223,000 t CO₂ annually.

Saudi Vision 2030 aims 278 million tonnes CO₂e reduction by 2030.

Saudi green hydrogen produces 650 t/day, blue ammonia 1.2M t/day.

NEOM plans 2.2 GW solar PV for green hydrogen plant.

NEOM green hydrogen plant aims 600 tonnes/day by 2026.

NEOM green hydrogen exports green ammonia.

Oman aims 1 million tonnes green hydrogen per annum by 2030.

Oman renewable capacity 2.6 GW by 2025.

Mohammed bin Rashid Solar Park targets 5 GW by 2030.

Title:

Content: Dubai, United Arab Emirates: H.E. Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority (DEWA), received a high-level delegation from Lusatia, Germany, led by Zelka Schwabe, Head of Foreign Affairs for Trade and Development at Cottbus Chamber of Commerce and Industry to discuss ways to strengthen cooperation and exchange best practices in the fields of clean and renewable energy.
The delegation, which visited the UAE at the initiative of the German Trade and Investment Authority and the Cottbus Chamber of Commerce and Industry, included representatives of the German Trade and Investment Authority, the German-UAE Joint Council for Industry and Trade, the Cottbus Chamber of Commerce and Industry and the Mining and Generation Technology Company, as well as companies and institutions specialized in green technologies from Germany ’ s Lusatia region.
At the beginning of the meeting, HE Al Tayer welcomed the visiting delegation, stressing the importance of strengthening strategic cooperation frameworks between the Authority and German institutions and companies in the fields related to water and renewable and clean energy.
During the meeting, His Excellency reviewed the most prominent projects, initiatives and plans launched by DEWA to achieve the vision of the wise leadership in supporting the green economy and accelerating the transition to carbon neutrality by increasing the proportion of solar energy and other clean energy sources such as hydropower and green hydrogen in the energy mix, in order to achieve the Dubai Clean Energy Strategy 2050 and Dubai Carbon Neutrality Strategy 2050.
He also pointed out the Authority ’ s efforts in harnessing all potential to keep pace with the Fourth Industrial Revolution and contribute to transforming Dubai into a sustainable smart city in order to achieve the goals of the UAE Centennial 2071, to make the UAE the best country in the world by 2071.
During the meeting, His Excellency gave a detailed explanation of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world, according to the independent product system, which will have a production capacity of 5000 MW by 2030.
He also highlighted the Hatta Hydropower Station project, which will have a production capacity of 250 MW with a storage capacity of 1,500 MWh and a life span of 80 years.
This station is the first of its kind in the Arabian Gulf region.
For its part, the German delegation praised the UAE ’ s leading role in combating climate change and promoting a safe and healthy sustainable environment for future generations.
# Government Data
- Done.

Title:

Content: Thursday, 02 November 2023 12: 01 GMT
DEWA commits to sustainability in all social, economic and environmental development plans
(MENAFN- Al-Bayan)
His Excellency Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), in his speech at the first session of the Dubai Business Forum, organized by Dubai Chambers under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, stressed the importance of the forum. His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, may God protect him, to lead the global transformation efforts towards a sustainable green economy.
Contribute to the march of climate action and achieve the UAE ’ s vision to provide a sustainable environment for future generations.
The Dubai Business Forum, currently taking place in Madinat Jumeirah, Dubai, builds on the ambitious objectives of the Dubai Economic Agenda (D33) and the previous successes of the Global Business Forum series, which was an integral part of the global business events specialized in the business sector.
In his speech, HE Al Tayer, in the presence of HE Abdul Aziz Abdullah Al Ghurair, Chairman of the Board of Directors of Dubai Chambers; Hilal Saeed Al Marri, Director General of the Department of Economy and Tourism; and a number of government and private sector officials, highlighted DEWA ’ s commitment to sustainability as the cornerstone of all social, economic and environmental development plans.
It is also actively supporting the UAE ’ s efforts to achieve carbon neutrality by 2050, as well as achieving the goals of the Dubai Clean Energy Strategy 2050 and the Dubai Carbon Neutral Strategy 2050.
Accelerate the energy transition to a green, circular and sustainable economy.
In this regard, DEWA supports the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) and international cooperation to achieve the United Nations Sustainable Development Goals 2030.
His Excellency said in his speech:
“In line with the aspirations of the Emirate of Dubai and the United Arab Emirates, DEWA has launched a large number of strategic initiatives and green projects to generate clean energy and desalination and provide services to a customer base of more than 1.2 million customers in accordance with the highest standards of availability, reliability and efficiency.
We have stopped the launch of any new projects to produce energy from fossil fuels.
We have also limited new desalination projects to reverse osmosis technology using clean energy.
We have already moved away from the traditional Engineering, Procurement and Construction (EPC) model for energy and water production projects, towards the Independent Energy and Water Producer (IWPP) model, and strengthened partnership with the private sector, which has proved to be very useful to the Authority and has succeeded so far in attracting investments worth more than AED 43 billion.
At DEWA, we are racing against the clock to complete our flagship green project – the Mohammed bin Rashid Al Maktoum Solar Park – which is implemented using the Independent Power Product (IPP) model and is the largest single-site solar park in the world, with a total capacity of 5,000 MW by 2030.
The current capacity of the complex is 2,627 megawatts.
When completed, it is expected to reduce carbon emissions by more than 6.5 million tonnes per year.
Since 2017, we have successfully contracted with international companies to purchase 4,178,502 global renewable energy certificates from the Mohammed bin Rashid Al Maktoum Solar Park for a value of approximately 5,767,408 euros. ”
He added that the Authority is building the Hatta hydroelectric station project with pumping and storage technology – the first of its kind in the GCC region – with a capacity of 250 MW and a storage capacity of 1,500 MWh, equivalent to a storage capacity of 6 hours.
The Authority has built a green hydrogen plant to produce hydrogen, using solar energy, as a new source of clean energy in the future.
The plant produces about 400 kilograms of green hydrogen per day, and a hydrogen gas tank can store up to 12 hours of hydrogen produced when using solar energy.
The plant uses hydrogen through a combined heat and power unit with a capacity of about 300 kilowatts of electric power.
The Authority is working on a roadmap for the hydrogen strategy, which will be implemented in phases.
DEWA has also built a world-class electric vehicle infrastructure with more than 380 charging stations across Dubai, to encourage the use of environmentally friendly electric vehicles, and we are continuing our efforts to install 1,000 charging stations for electric vehicles by 2025.
Furthermore, the Authority has created a highly advanced digital infrastructure based on the disruptive technologies of the Fourth Industrial Revolution and large-scale digital transformation to enhance performance.
One of the fruits of these efforts was the launch of DEWA Digital, DEWA ’ s digital arm, becoming the first digital institution in the world to use autonomous systems for renewable energy, energy storage, the expansion of artificial intelligence applications, and the provision of advanced digital services.
The Authority is the first institution in the world and the first UAE government entity to use ChatGPT technology in its virtual employee (Chatbot Rammas) in cooperation with Microsoft, to upgrade its services and promote its smart transformation.
DEWA has also launched DEWAverse to offer its services to its customers and employees in the virtual world of “Metaverse ”, thus becoming the first local government entity to launch its virtual platform using“ Metaverse ” technology.
DEWA ’ s Moro Hub has the world ’ s largest solar-powered data center at the Mohammed bin Rashid Al Maktoum Solar Park, which is listed in the Guinness Book of World Records.
The agency also launched its Space-D program to improve the operation, maintenance and planning of its networks using nanosatellites and remote sensing technologies.
The agency has already launched two nanosatellites, becoming the first institution in the world to use nanosatellites in its operations.
H.E. Al Tayer explained that DEWA is investing heavily in innovation, research and development, particularly in the disruptive technologies of the Fourth Industrial Revolution to improve performance, service quality and people ’ s lives.
As a culmination of these efforts, we have established the Research and Development Centre, which aims to develop effective solutions to enhance efficiency and address climate change.
TRA is the first institution in the GCC to apply 3D printing technology to metals.
It succeeded in entering the Guinness Book of Records for its first 3D printing laboratory, its robotics and drone laboratory located in the Research and Development Center.
The Center adopts an approach based on improving the services provided by the Authority to customers by developing the latest technologies and sustainable solutions for energy and water and conducting applied research on the ground.
Since its launch, more than 170 research papers have been published in international conferences, journals and peer-reviewed publications.
So far, the center has applied for 27 patents, of which 6 have been granted.
He pointed to the establishment of several successful companies, especially the Emirates Central Cooling Systems Corporation (Empower), which is majority owned by the Authority, and other wholly-owned subsidiaries such as Union Energy Services Company, Mai Dubai, Data Center for Integrated Solutions (MORO), Dubai Green Fund and others, most of which are owned by the Authority. A leading position in the market.
Last year, Dubai Electricity and Water Authority (DEWA) became a public shareholding company listed on the Dubai Financial Market (DFM) after a successful US $6.1 billion initial public offering, with DEWA ’ s IPO reaching record highs of more than AED 315 billion.
The strong demand in the order book exceeded the supply of shares by 37 times, becoming the largest initial public offering in the history of the United Arab Emirates and the largest ever issue of a public service company in the world after 2008.
The Authority has become the largest company by market capitalization in the Dubai Financial Market with a value of AED 124 billion and has significantly enhanced the position of the financial market.
Al Tayer concluded: “In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum to transform Dubai into a global city and a role model for smart and green living, the Authority is making efforts to achieve the best infrastructure and provide basic services at a leading and distinguished global level.
Dubai Electricity and Water Authority (DEWA) has become one of the best service organizations in the world and its results are superior in many key performance indicators. With our investments in the latest and most advanced infrastructure with a total value of more than AED 214 billion – as of 30 June 2023 – we have reduced losses in transmission and distribution networks. Electricity in Dubai reached a world leading rate of 2.2%.
Water transmission and distribution network losses have reached a world leading rate of 4.5%, and we have achieved the lowest annual electricity outage per subscriber in the world of 1.19 minutes.
The consolidated revenues of the Authority reached AED 27.34 billion in 2022, achieving a net profit of AED 8.05 billion.
In the first six months of 2023, the Authority ’ s consolidated revenue was AED 12.7 billion and net profit was AED 2.7 billion.
We are committed to contributing to the realization of the ambitions and aspirations of the Emirate of Dubai. ”
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Title:

Content: Fossil fuels, which have powered the industrial growth and development of civilisations for centuries, are facing a looming deadline of depletion. Moreover, they have caused severe environmental and social problems, such as climate change, conflicts, and pollution. The need for alternative and sustainable energy sources is clear and urgent. However, the transition to a post-fossil fuel era is not easy or straightforward. It requires innovation, investment, cooperation, and vision.

This article explores the challenges and opportunities of global energy transformation, focusing on the dual nature of fossil fuels, the countdown to their exhaustion, and the promise of renewable energy sources. It also highlights the progress and potential of some countries in the Middle East and North Africa (MENA) region, which is one of the most dependent regions on fossil fuels in the world.

Fossil Fuels: A Double-Edged Sword

Fossil fuels, comprising oil, coal, and natural gas, are ancient energy sources that have been central to the development of various industries and sectors. They have enhanced transportation, manufacturing, agriculture, and electricity generation. They have catalysed global trade, commerce, and innovation, elevating the quality of life for millions.

However, this ascent has been coupled with profound challenges. Fossil fuels have been a source of geopolitical strife, epitomised by wars and conflicts over their control and distribution. They have also exacerbated environmental issues, such as greenhouse gas emissions, global warming, and climate change. Incidents like oil spills, gas leaks, and fracking have inflicted severe damage on ecosystems and public health.

The Countdown to Depletion

The finite and non-renewable nature of fossil fuels leaves humanity facing a daunting deadline. Predicting the exact exhaustion of these resources is a complex endeavour, influenced by reserves, consumption rates, technological advancements, and price fluctuations. Nonetheless, projections based on current data paint a concerning picture.

According to Octopus Energy, the year 2060 may mark the twilight of fossil fuels, based on current consumption and reserve estimates. In 2020, global oil production reached 91.7 million barrels per day (b/d), with key players like the United States, Saudi Arabia, and Russia at the forefront. Simultaneously, natural gas production stood at 3.94 trillion cubic meters (bcm). Although the Covid-19 pandemic temporarily curtailed production, a resurgence is anticipated. In contrast, natural gas consumption steadily rises by over 3% each year.

Should additional oil reserves remain elusive, known deposits could be depleted by 2052. The stark reality is that demand for oil has surged, nearly doubling the average annual rate observed over the preceding decade in 2018.

Toward a Sustainable Energy Paradigm

The global imperative for alternative energy sources is clear. Sustainable options, even if not entirely devoid of environmental impact, have become a linchpin of energy discussions. The quest for sustainability is no longer optional; it is fundamental to securing a prosperous future.

Embracing alternative and sustainable energy solutions is our paramount responsibility. The adverse consequences of persisting with fossil fuels are increasingly undeniable. Furthermore, incidents such as oil spills, gas leaks, and fracking have grievously scarred ecosystems and human health.

The geopolitical maelstrom surrounding fossil fuels is a testament to their strategic importance. By reducing our dependence on these finite resources, we can contribute to global stability and peace.

The Promise of Sustainable Energy

Investing in sustainable energy is not merely an ecological commitment; it is a strategic move to safeguard long-term energy security. Renewable sources like solar and wind power do not suffer the same spectre of depletion as fossil fuels, offering a reliable and sustainable energy future. Moreover, technology’s relentless march is enhancing the efficiency and cost-effectiveness of these alternatives, ensuring a seamless transition.

In this era of unprecedented global challenges, the unsustainable trajectory of fossil fuels is no longer tenable. Transitioning to renewable and sustainable energy sources is both a moral imperative and an economic necessity. As we confront the relentless march of climate change, endeavouring to secure long-term energy stability and foster global peace, embracing this transformation is our only viable path toward a sustainable and prosperous future. It is a journey we must embark upon with unwavering determination and foresight.

The MENA Region: The abundance of wisdom

The MENA region stands as an interesting case study for global energy transformation. The region is one of the most dependent regions on fossil fuels in the world. According to the World Bank, the region accounted for 36% of the global oil production and 20% of the global gas production in 2018. However, the region also faces many challenges and risks related to its reliance on fossil fuels, such as price volatility, environmental degradation, social unrest, and geopolitical conflicts.

Therefore, some countries in the region have started to prepare for the transition to a post-fossil fuel era by diversifying their economies, investing in renewable energy sources, and promoting innovation and sustainability. According to a report by the International Renewable Energy Agency (IRENA), the MENA region has a huge potential for renewable energy development, especially solar and wind power. The report estimates that the region could generate more than 60% of its total electricity from renewable sources by 2030.

Some of the countries that have made significant progress in this field are:

• UAE: The UAE has been a leader in innovation and sustainability in the region, with a vision of becoming a global hub for green economy and clean energy. The UAE has set a target of increasing its share of clean energy to 50% by 2050. The UAE has invested in various renewable energy projects, such as the Shams 1 solar thermal plant, which is one of the largest of its kind in the world, and the Mohammed bin Rashid Al Maktoum Solar Park, which is planned to be the largest single-site solar park in the world by 2030. The UAE is also home to Masdar City, which is a planned city that aims to be one of the most sustainable cities in the world. Also, UAE is one of the 10 largest oil producing countries with a proven reserves, according to BP statistical reviews, of 100 billion barrels.

• Morocco: Morocco has been a pioneer in renewable energy development in the region, with a target of achieving 52% of its electricity from renewable sources by 2030. Morocco has invested heavily in solar power projects, such as the Noor Ouarzazate complex, which is the largest concentrated solar power plant in the world. Morocco also has a strong wind power sector, with a capacity of over 1.2 gigawatts (GW) as of 2019.

• Egypt: Egypt has also been pursuing an ambitious renewable energy strategy, with a goal of reaching 42% of its electricity from renewable sources by 2035. Egypt has a large potential for solar and wind power, especially in the Sinai Peninsula and the Red Sea coast. Egypt has launched several large-scale projects, such as the Benban Solar Park, which is expected to be the largest solar photovoltaic (PV) plant in the world when completed, and the Zafarana Wind Farm, which is one of the largest wind farms in Africa.

These are some examples of countries in the MENA region that are prepared for after fossil fuels era. However, there are still many challenges and barriers that need to be overcome, such as policy and regulatory frameworks, financing and investment mechanisms, public awareness and participation, and regional cooperation and integration.

The world is at a crossroads in its energy choices. Fossil fuels have been instrumental in driving industrial growth and development, but they have also caused severe environmental problems. Their finite nature also poses a threat to long-term energy security. The need for alternative and sustainable energy sources is clear and urgent.

Renewable energy sources offer a promising solution to this challenge. They are abundant, reliable, and sustainable. They can reduce greenhouse gas emissions, mitigate climate change impacts, and foster global peace. They can also create new opportunities for economic growth, innovation, and social welfare.

— Dr Abdullah Belhaif Al Nuaimi is a former UAE minister of Infrastructure Development and for Climate Change and Environment

Title:

Content: World Future Energy Summit to focus on providing ‘sustainability blueprint’

The three-day event will be held at the Abu Dhabi National Exhibition Centre from January 16 to January 18

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The 2023 World Future Energy Summit aims to provide a “crucial sustainability blueprint” amid a global focus on the energy transition and measures to boost investment in the renewables sector.

Energy industry leaders and policymakers from around the world will participate in the three-day event at the Abu Dhabi National Exhibition Centre from January 16 to January 18, organisers said on Wednesday.

The summit is the centrepiece of Abu Dhabi Sustainability Week, a global initiative championed by the UAE and Abu Dhabi's clean energy company Masdar to hasten sustainable development and advance economic, social, and environmental progress.

“This event has evolved just as the energy sector and our economies are transitioning,” said Suhail Al Mazrouei, Minister of Energy and Infrastructure.

“It has now morphed into the Middle East’s most important industry gathering, of which clean energy and infrastructure are key components.”

Countries in the Middle East such as the UAE, Saudi Arabia, Jordan, Oman and Egypt are boosting investment in the clean energy sector.

The UAE is investing Dh600 billion ($163.5bn) in clean and renewable energy projects over the next three decades as it aims to achieve net zero emissions by 2050.

It is building the world’s largest solar plant with a capacity of two gigawatts in Abu Dhabi's Al Dhafra region that is expected to be ready next year, as well as the Mohammed bin Rashid Solar Park in Dubai with a capacity of five gigawatts.

Saudi Arabia, the Arab world’s largest economy, also announced a number of new renewable energy projects as it seeks to become carbon neutral by 2060.

Egypt, the most populous country in the Arab world, aims to derive 42 per cent of its electricity mix from renewable sources by 2035. The North African country is hosting Cop27 next month.

“This newly transitioned event profile is in the right place at the right time, underlining a much-needed shift towards reaching our clean energy goals, as well as achieving sustainable governance and adopting consumption and [the] production of natural energy methods that ensure the quality of life for current and future generations,” Mr Al Mazrouei said.

Renewable energy investment continued to rise amid green transition efforts globally. Capital investments in renewables are set to surpass oil and gas spending for the first time in 2022 as high power prices prompt countries to further diversify their energy mix, according to a report by Rystad Energy.

Investment in renewable energy is set to hit $494bn in 2022, outstripping upstream oil and gas spending at $446bn for the year, the Oslo-based energy consultancy said this month.

In addition to the focus on energy, water, eco-waste, solar, smart cities, climate and the environment, next year's event will also preside over the launch of a dedicated hydrogen innovation centre as demand for the clean fuel picks up globally amid green transition efforts, organisers said.

The event takes place at a time when the UAE is preparing to host Cop28 next year.

Updated: October 19, 2022, 10:41 AM
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DEWA halted all new fossil fuel power projects.

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Al Jalila Foundation signed decarbonisation MoU with Positive Zero.

Title:

Content: DUBAI - Al Jalila Foundation, which leads the giving mission of Dubai Health, has signed a new agreement with Positive Zero, the Middle East’s leading provider of sustainable and decentralized power infrastructure, to drastically reduce its carbon emissions and energy costs in line with the UAE Net Zero Strategy 2050.

The ‘decarbonisation-as-a-service’ MoU (Memorandum of Understanding) is the first of its kind in the UAE healthcare sector to cover all aspects of clean energy, including on-site power generation, energy efficiency, and clean mobility.

The agreement was signed by representatives at a ceremony at Al Jalila Foundation.

The partnership includes the development of a five-year sustainability roadmap, which will determine the most suitable ways to decarbonize across the foundation’s premises through fully financed solutions that can achieve up to 50 percent in cost savings and cut carbon emissions by 70 percent.

Positive Zero will analyse existing operations, enhance efficiency, optimize energy consumption through cooling-as-a-service (a service-based model for affordable and efficient cooling), and provide clean mobility solutions such as fleet electrification and EV charging infrastructure at the Al Jalila Foundation Headquarters.

This aligns with the recent update from the Dubai government that the public and private sectors should improve and enhance their energy consumption and efficiency, as outlined in the Dubai Demand Side Management Strategy 2050.

The agreement follows a successful pilot scheme at Al Jalila Foundation, which included the installation of a solar rooftop and car park, delivered and implemented by Positive Zero’s distributed solar energy and power generation business, SirajPower. These systems were successfully commissioned in December 2023 and are currently operated and maintained through a 20-year solar lease agreement, reducing over 3100 metric tons of carbon emissions annually.

On the occasion of the signing ceremony, Dr. Amer Al Zarooni, CEO of Al Jalila Foundation, said, “We are one of the first non-profit organizations in the region taking serious steps towards sustainability. As a result of installing the solar rooftop and carport systems, we have enhanced our clean energy operations and seen a significant drop in our electricity bills. Today, we are signing a long-term decarbonization plan with Positive Zero that will realize even more environmental and economic benefits. We look forward to our continued partnership and supporting Dubai Health’s wider sustainability goals.”

David Auriau, Co-Founder and CEO of Positive Zero said, “Our inaugural project with Al Jalila Foundation demonstrated that delivering distributed solar generation with no upfront investment can quickly deliver significant savings and reduced carbon emissions. By adding energy efficiency and clean mobility solutions, the foundation will further accelerate their sustainability targets and the country’s Net Zero mission.”

Positive Zero will continue to work closely alongside Al Jalila Foundation in exploring ways to generate greater energy savings and benefits through its integrated platform and complete Decarbonization-as-a-Service.

Positive Zero solar rooftop at Al Jalila cuts 3,100 t CO₂ annually.

Saudi Arabia aims 40 GW solar PV by 2030.

Title:

Content:   • The agreement marks Positive Zero’s first strategic partnership in Saudi Arabia, boosting the group’s presence and reach across the Kingdom.
  • The collaboration will support attaining Saudi Arabia’s goal of installing 40 GW of solar PV capacity in line with Vision 2030.

Riyadh, Kingdom of Saudi Arabia (KSA): Positive Zero, the leading provider of decentralized energy solutions in the GCC, and Tamimi Energy, one of Saudi Arabia’s pioneers in integrated and sustainable energy services, have announced a strategic partnership to develop and deliver solar power projects across the Kingdom of Saudi Arabia.

The collaboration was formalized with the signing of a Partnership Agreement between SirajPower, Positive Zero’s distributed power generation subsidiary, and Energy Equipment Rental Company (ENERCO), one of Saudi Arabia’s leading power solutions providers under Tamimi Energy.  The agreement establishes a flexible framework for the two parties to leverage each other’s diverse solar project capabilities, enabling them to support the rapid growth of the Saudi clean energy market.

SirajPower and ENERCO will work together by leveraging their complementary capabilities for the development and financing of commercial and industrial solar power solutions across the Kingdom of Saudi Arabia. This will include deploying human talent, equipment, technology, and other resources to the projects they secure jointly.

The partnership follows Positive Zero’s recent announcement of a landmark investment of up to $400 million from BlackRock, the world’s largest asset manager with over $9.4 trillion in assets. The investment will boost Positive Zero’s growth and innovation in the GCC region, where it offers a range of decentralized decarbonization solutions, including solar power, energy efficiency, and mobile battery storage, to support the region’s energy transition and economic diversification goals, as well as the global efforts to combat climate change.

Salah Abdullatif, Executive General Manager at Tamimi Energy Holding Company, said:

"The pace of the clean energy transformation in the Kingdom of Saudi Arabia is picking up rapidly, with the Saudi Green Initiative setting an ambitious target to increase the share of renewable energy to 50% of the primary energy mix by 2030. This is no small feat, and ENERCO, as a key subsidiary of Tamimi Energy, is ideally positioned to play a crucial role in this journey. Our collaboration with SirajPower and the Positive Zero group will perfectly complement Tamimi Energy’s capabilities and open up significant opportunities for both parties to accelerate the adoption of solar power across multiple sectors in the Kingdom."

David Auriau, Co-Founder and CEO of Positive Zero, commented on the occasion:

“The Kingdom of Saudi Arabia is about to experience a surge in demand for clean energy, and photovoltaic solar power will be the foundation for meeting this demand as the key element of the National Renewable Energy Program of Vision 2030. To support attaining the goal of installing 40 GW of photovoltaic solar power by 2030, our partnership with Tamimi Energy will bring out the best of both our groups to the Saudi market, and we could not have chosen a better partner for Positive Zero’s first strategic partnership in the Kingdom. We look forward to playing a crucial role in the transformation of the Saudi energy sector through this agreement between SirajPower and ENERCO to bid on projects and deliver them together.”

Saudi Arabia is one of the top 10 countries in the world with the highest potential for producing centralized solar energy, according to the Shell Global Energy Resources Database, with the Kingdom approving new regulations over the past 18 months to enable the construction and provision of distributed solar energy solutions to increase the contribution of distributed solar PV power to the country’s energy mix.

Positive Zero’s foundational companies have already made remarkable strides in key GCC markets. SirajPower, the company's Distributed Generation arm, leads the region with a 200 MWp portfolio of distributed solar energy, reducing over 223 thousand metric tons of carbon emissions annually - an equivalent to powering over 43,000 homes every year. Taka Solutions, operating as the company's Energy Efficiency arm, has achieved energy savings exceeding 100,000 MWh across eight sectors in the United Arab Emirates, which is equivalent to planting more than three million trees. Situated under the company’s Clean Mobility vertical, our HYPR mobile battery units, the first clean energy delivery service in the region, have provided construction sites and other off-grid locations with cheaper and cleaner power.

About Positive Zero

Positive Zero is empowering a new energy economy by enabling businesses, communities, and cities in the Middle East region to take charge of their energy future. As the leading energy transition partner for the commercial, industrial, and public sectors, Positive Zero helps businesses achieve energy savings as high as 50% by removing upfront investments and operational complexities from the onset.

Positive Zero’s decarbonization-as-a-service offering combines clean technologies with data-driven solutions in distributed solar generation (SirajPower), energy efficiency (Taka Solutions) and clean mobility (fleet electrification, charging infrastructure and HYPR Energy) that reduce cost and consumption, and carbon footprint. In addition to financing, we offer end-to-end services, which means we manage the entire process from engineering, design, installation, construction, maintenance, and monitoring so that businesses can focus on what they do best.

For more information about Positive Zero, visit our website www.positivezero.com and our social media handles on LinkedIn /positivezerohq, Twitter @positivezerohq, and Instagram @positivezerohq.

For media inquiries please contact:
Carine Bouery
Head of Marketing
cbouery@positivezero.com

Saudi Green Initiative targets 50% renewable share by 2030.

Positive Zero and Tamimi Energy partner for Saudi solar projects.

SirajPower 200 MW distributed solar cuts 223,000 t CO₂ annually.

Saudi Vision 2030 aims 278 million tonnes CO₂e reduction by 2030.

Title:

Content: Expert in "environmental consultancy": the Kingdom is innocent of issues of global warming and climate change
He said that a report by NASA confirmed that it is one of the least industrialized countries in the burning of fossil fuels.
Dr. Saad Al-Dahlawi
Dr. Saad Al-Dahlawi, an expert in environmental consultancy, exonerated the Kingdom of the issues of global warming and climate change, stressing that the Kingdom is active in reducing greenhouse gas emissions, revealing at the same time that a report by the US space agency "NASA" confirmed that the Kingdom is one of the least industrialized countries emissions resulting from burning fossil fuels, according to a study of gas emissions during the period 1970-2010.
Dr. Dahlawi, a faculty member at Imam Abdulrahman bin Faisal University, in the Department of Environmental Health, confirmed during the meeting of the "Diwaniya of Physicians" No. 78 entitled "Confronting Climate Change in the Kingdom of Saudi Arabia...
The report of the Intergovernmental Panel on Climate Change (IPCC) indicates that there have been significant changes in precipitation rates over the past two decades.
At the same time, he pointed out that the increase in rainfall in the Kingdom led to an increase in migration towards large cities, and thus increased exposure to risks and the possibility of floods, ruling out that the rain in the city of Jeddah as a result of rain, which has not been proven so far, attributed the cause to climate change.
He pointed out that 65% of the carbon dioxide in the atmosphere comes from burning fossil fuels, 11% from agriculture and deforestation, 14% from transport activities and car exhaust, while China ranks first in the world with 30% of total carbon dioxide emissions and the United States second with 15%.
He explained that the Paris climate agreement indicates that there is a rise in global temperature by 1 ° C compared to the pre-industrial situation, and the United Nations aims to increase by a maximum of 1.5 ° C until 2100 m, but due to the lack of commitment of countries to reduce emissions, fear that 1.5 ° C increase will be by 2030. A number of coastal cities and the disappearance of countries such as the Maldives.
The Kingdom ’ s Vision 2030 is in line with the 2015 Paris Agreement on mitigation and climate adaptation, he said, citing the project to transform the circular economy instead of relying on oil, and the project to reach zero neutrality and reduce emissions by 278 million tons of carbon dioxide equivalent by 2030.
Dr. Dahlawi addressed the new initiatives after the 2022 Climate Summit in Sharm El Sheikh, where His Highness the Crown Prince announced the launch of several new projects at the Saudi Green Initiative Forum on the sidelines of the Climate Summit (COP27): the launch of the Carbon Circular Economy Knowledge Center, the establishment of a regional center to accelerate the pace of emissions reduction, and the hosting of Climate Week in the Middle East and North Africa 2023.
He said that there are great efforts for the Kingdom, including the executive plans to reach zero neutrality within Vision 2030, including: renewable energy projects (the establishment of 12 solar power plants with a capacity of 41 GW distributed in eight regions of the Kingdom, and the establishment of a wind power plant in Hail with a capacity of 16 GW). Green hydrogen and blue ammonia production projects have been established in NEOM with a high production capacity of 650 tons / day of green hydrogen.
The first shipment of blue ammonia was exported to Japan from Aramco three months ago.
He added that the executive plans also include supporting global research in the field of energy (the establishment of the King Abdullah Petroleum Studies and Research Center to support renewable energy research, environmental policies, circular economy and technology, and building a strong database to support the circular economy of carbon), and the implementation of carbon capture and storage technology (a plan to make the Royal Commission in Jubail and Yanbu a center for carbon capture technologies).
He pointed out that by 2030, the following initiatives will be implemented: reducing emissions by 287 million metric tons of carbon dioxide equivalent, signing the global methane pledge to reduce methane emissions by 30%, planting 450 million trees and rehabilitating 8 million hectares of degraded land, transforming Riyadh into a smart and sustainable city, and making it one of the top 100 cities in the world.
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Saudi green hydrogen produces 650 t/day, blue ammonia 1.2M t/day.

NEOM plans 2.2 GW solar PV for green hydrogen plant.

Title:

Content: It produces 600 tons of green hydrogen per day.
NEOM is preparing to launch the largest photovoltaic power plant in the Middle East
Thursday 10 August 2023 9: 57 AM
The Citizen - Translated by Hala Abdulrahman
NEOM Green Hydrogen Company plans to produce 600 tons of environmentally friendly gas per day, generating a demand of at least 4 watts of solar PV and wind power, as the management of the mega project contracted with a Chinese company to ensure that the plant is fully operational on a daily basis.
NEOM deal with a Chinese company
In a statement, China ’ s Sungrow announced that it has signed a contract with Larsen & Toubro to supply inverters for the 2.2GW solar PV plant, the largest utility-scale single-site solar PV plant in the Middle East, designed to power the NEOM Green Hydrogen Production Project in Saudi Arabia by the NEOM Green Hydrogen Company (NGHC).
The NEOM project will produce carbon-free hydrogen using renewable energy sources from wind and solar power to produce up to 600 tonnes per day of green hydrogen by the end of 2026.
The project will mark a milestone in Saudi Arabia ’ s progress towards achieving Vision 2030 and creating a clean and sustainable energy future.
NEOM Green Hydrogen Package Details
Sungrow is heavily involved in the NEOM green hydrogen project, and earlier Sungrow signed a contract with Larsen & Toubro to supply 400 MWh energy storage systems that include 536 MWh / 600 MWh DC capacity for the NEOM project.
Sungrow ’ s supply of 2.2GW Sungrow 1 + X Modular Inverter for the solar PV plant is a strong contribution of its kind to a historic and giant project such as the NEOM Green Hydrogen Project.
NEOM Green Hydrogen Project Objectives
NGHC ’ s giant Neom Hydrogen plant in Oxagan, Saudi Arabia, is expected to produce up to 600 tonnes per day of carbon-free hydrogen by the end of 2026, and will supply 4 watts of wind, solar and battery power, using more than 2 gigawatts of hydrogen electrolysis.
The project is the cornerstone of Saudi Arabia ’ s Vision 2030 project, which promises investments of up to $500 billion to build a linear city called Neom, 170 kilometers east of the Red Sea.
Importance of NEOM for Europe and Asia
The NGHC aims to produce green hydrogen on a large scale for global export in the form of green ammonia with a total investment of $8.4 billion.
Supported by 23 local, regional and international banking and financial institutions, the project achieved a full financial closure in May 2022, leading to the award of long-term contracts.
Saudi Arabia also has sun and air, infrastructure, ports and geographical proximity to Asian countries, as well as fossil fuels, which are an important component of hydrogen production, making it Asia ’ s preferred customer for green hydrogen.
Europe also needs 20 million tons of green hydrogen annually, of which at least 10 million tons are imported from outside the European Union, according to the latest European studies.

NEOM green hydrogen plant aims 600 tonnes/day by 2026.

NEOM green hydrogen exports green ammonia.

Oman aims 1 million tonnes green hydrogen per annum by 2030.

Title:

Content: MUSCAT: Renewable capacity expansion in the Middle East and North Africa (MENA) is projected to grow three-fold over the next five years (2023 – 2028), with the Sultanate of Oman ranked among the front-runners in driving this growth. According to a new report by the International Energy Agency (IEA), Oman’s renewables capacity growth is set to be the fourth largest in the region after Saudi Arabia, United Arab Emirates and Morocco.

These countries will account for the lion’s share of the 62 gigawatt (GW) increase in renewables capacity anticipated in the region by 2028, the Paris-based intergovernmental agency noted in its newly published report. “Over the next five years, the pace of growth is expected to accelerate to more than three times the previous five-year period, with solar PV making up over 85 per cent of the increase. Onshore wind and concentrated solar power also contribute,” said the IEA in its report, titled ‘Renewables 2023: Analysis and forecast to 2028’.

Driving much of this growth will be efforts by individual countries to decarbonize their electricity generation, but green hydrogen production is set to play a major role as well, according to the report. This is particularly the case in Saudi Arabia, UAE and Oman, it pointed out. “In fact, hydrogen accounts for more than 13 per cent of the region’s renewable capacity growth thanks to government policies to stimulate development for trade. Good solar resources, land availability and existing port infrastructure create favourable conditions for economically attractive renewable hydrogen to be shipped to demand centres in Europe and Asia,” the agency further stated.

Additionally, the report reaffirmed Oman’s positioning among the world’s top exporters of renewable hydrogen. It said: “By 2028, potential export countries could account for over one-fifth of hydrogen-driven renewable capacity deployment, led by Saudi Arabia, Australia, Oman and the United Arab Emirates. With the prospect of producing economically attractive renewable hydrogen to ship to potential demand centres in Europe and Asia, these countries aim to become major exporters of renewable hydrogen and hydrogen-based fuels.”

A revised Renewable Energy Plan enshrined in Oman’s 2040 Vision seeks to secure 16 per cent of electricity from renewables by 2025, rising to 30 per cent by 2030. Clean energy capacity is projected to rise to 2.6 GW by 2025 under the National Energy Master Plan. Supplementing this strategy is a commitment to embracing green hydrogen to, on the one hand, decarbonise the economy, and on the other to evolve into a major producer and exporter of renewable hydrogen. Green hydrogen output is targeted at around 1 million tonnes per annum by 2030.

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Oman renewable capacity 2.6 GW by 2025.