The Middle East region is undergoing a significant transformation in its energy sector, with a growing focus on renewable energy sources, particularly solar energy, as part of its energy transition strategies.

Several countries in the region, including Egypt, Saudi Arabia, and the United Arab Emirates (UAE), are investing heavily in solar energy projects, with the aim of reducing their dependence on fossil fuels and mitigating the impacts of climate change.

Egypt, for example, has launched the Benban Solar Park, one of the largest solar parks in the world, with a capacity of 1,800 megawatts, and is expected to generate 12-14 percent of its clean energy from wind power.

The UAE is also making significant strides in solar energy, with the Mohammed bin Rashid Al Maktoum Solar Park in Dubai expected to produce 5,000 megawatts of electricity by 2030, making it one of the largest solar parks in the world.

Saudi Arabia has launched several new solar energy projects, with a total capacity of 3,300 MW, and aims to achieve 50% of its energy mix from gas and renewable energy by 2030.

The region's energy transition is driven by a combination of factors, including the need to reduce greenhouse gas emissions, improve energy security, and diversify economies.

However, the transition also poses significant challenges, including the need for substantial investment, the potential for job losses in the fossil fuel sector, and the requirement for new technologies and infrastructure.

To address these challenges, governments in the region are offering various incentives, such as tax breaks, subsidies, and favorable regulations, to encourage investment in renewable energy.

International partnerships and cooperation are also playing a crucial role in supporting the region's energy transition, with countries such as China, the US, and France collaborating with Middle Eastern nations on clean energy projects.

The UAE, for example, has partnered with China's Huawei to develop a large-scale energy storage project, while Saudi Arabia has launched the Saudi Green Initiative, aiming to reduce carbon emissions by 278 million tons annually by 2030.

Egypt has also signed several agreements with international companies to develop renewable energy projects, including a $83 billion deal with investors to develop 100 GW of renewable energy capacity over the next 10 years.

Overall, the Middle East region is making significant progress in its energy transition, with a growing focus on renewable energy sources, particularly solar energy, and a commitment to reducing greenhouse gas emissions and improving energy security.

The region's energy transition is expected to have a positive impact on the environment, with a reduction in greenhouse gas emissions and improved air quality, as well as on the economy, with the creation of new jobs and industries.

However, the transition also poses significant challenges, and governments in the region must continue to invest in new technologies and infrastructure, and offer incentives to encourage investment in renewable energy.

International cooperation and partnerships will also be crucial in supporting the region's energy transition, and countries such as China, the US, and France must continue to collaborate with Middle Eastern nations on clean energy projects.

In conclusion, the Middle East region is undergoing a significant transformation in its energy sector, with a growing focus on renewable energy sources, particularly solar energy, as part of its energy transition strategies.

The region's energy transition is driven by a combination of factors, including the need to reduce greenhouse gas emissions, improve energy security, and diversify economies.

While the transition poses significant challenges, governments in the region are offering various incentives, and international partnerships and cooperation are playing a crucial role in supporting the region's energy transition.

The region's energy transition is expected to have a positive impact on the environment and the economy, and governments in the region must continue to invest in new technologies and infrastructure, and offer incentives to encourage investment in renewable energy.

The UAE's Masdar is targeting 100 GW of renewable energy by 2030, and the company is also planning to produce 1 million tonnes of green hydrogen by 2030, avoiding 6 million tonnes of CO2 emissions.

Saudi Arabia has launched 17 new renewable energy projects with a total capacity of 13.76 GW, expected to remove 23.1 million tons of CO2 equivalent annually.

Egypt has made efforts to mitigate climate change effects, aiming to double renewable energy production and increase it fourfold by 2030, and the country has also issued green bonds and allocated $750 million for sustainable water management.

The UAE has made significant strides in expanding renewable energy projects, with a focus on hydrogen and renewable energy investments, and the country has also developed innovative environmental solutions and prioritizes sustainability and development.

The region is expected to see significant growth in solar energy capacity, with several national projects underway, and governments offering incentives to encourage investment in renewable energy.

The cost of solar panels has fallen by 30% over the past two years, making solar energy more competitive with fossil fuels, and Egypt's Silicon Production Complex is set to produce 45,000 tons of metallic silicon.

The UAE solar energy market is set to grow at a 35% annual rate until 2029, with the country aiming to triple its renewable energy contribution in 7 years, and investing 150-200 billion dirhams in renewable energy.

Lebanon's solar energy market grew between 2010 and 2020, with solar water heating systems exceeding 900 thousand square meters, and the country aiming to install 3000 megawatts of solar farms and 1000 megawatts of wind farms by 2030.

The Middle East renewable energy market is growing at an annual rate of 13.43%, with the Benban Solar Park having a capacity of 1,800 megawatts in Egypt, and being valued at $4 billion.

The Arab Clean Energy Initiative aims to achieve 80 GW capacity by 2030, and the Gulf of Suez Wind Power Project has a capacity of 1100 MW, reducing 2.4 million tons of CO2 emissions.

The Middle East had 12 GW of renewable energy capacity in 2013, and the region is set to double its renewable energy capacity by 2030, with 73 gigawatts of solar and wind projects planned.

The UAE produces 2.6 gigawatts of solar electricity, while Egypt produces 1.9 gigawatts of solar electricity and 1.6 gigawatts of wind electricity, with the UAE ranking second in wind and solar production.

Egypt's National Initiative for Green Projects addresses climate change, and the country presides over the Conference of the Parties to Climate Change (COP27), with a focus on renewable energy as key to sustainable economic growth.

The National Initiative for Smart Green Projects has six categories, and over 6000 projects were submitted in the initiative's first session, with 162 projects selected and honored at a national conference.

Egypt has seen remarkable solar energy growth driven by high demand, with the country aiming to reach 42% of renewable energy by 2030, and the global cumulative PV capacity growing to 1.6 terawatts in 2023.

Egypt has introduced a tax investment incentive of 33-50% for green hydrogen projects, and has exempted equipment and raw materials for these projects from value-added tax.

The Egyptian government has signed 23 memorandums for the production of green hydrogen and its derivatives, with the aim of creating jobs in the manufacturing sector.

Egypt has set a target of producing 100 megawatts of energy from its first green hydrogen plant, and plans to become a leading country in the global economy.

The government of Egypt has launched incentives for private sector investment in green projects, and has prioritized public-private partnerships for the development of renewable energy.

Egypt has huge potential for wind energy and has introduced tax incentives for renewable energy projects, including net metering and a nutrition tariff.

The country has signed a $1.5 billion deal for the construction of a wind power plant, and plans to host the World Climate Conference COP 27.

Iraq has invested in renewable energy as part of its efforts to address climate challenges, and has formulated policies to accelerate the transition to renewable energy.

The Iraqi government has cooperated with the International Renewable Energy Agency (IRENA) to develop its renewable energy sector, and has identified large capacities and capabilities for the development of renewable energy.

The Palestinian government has invited investors to participate in the construction and operation of solar power plants, with the aim of diversifying the country's energy sources.

The government of Palestine has offered a build-operate-transfer (BOT) basis for the construction and operation of solar power plants, with a total capacity of 93 megawatts in the West Bank.

Egypt has signed $83 billion worth of renewable energy agreements with investors, and aims to achieve 100 gigawatts of renewable energy capacity within the next 10 years.

The country plans to increase its renewable energy capacity to 61 gigawatts by 2035, with the goal of achieving 42% of its electricity supply from renewable sources.

Egypt's central bank has guaranteed financing loans for renewable energy projects, and the country's renewable energy production capacity is expected to grow by 68% over the next five years.

The Egyptian government has offered incentives to boost the country's renewable energy capacity, including the construction of the largest solar and wind power plants in the world.

The government of Lebanon aims to achieve 30% of its energy from renewable sources by 2030, and has implemented 1500 megawatts of solar projects.

Lebanon has planned 11 solar plants with a capacity of 165 megawatts, and aims to achieve 3000 megawatts

The Middle East region is undergoing a significant transformation in its energy sector, with a growing focus on renewable energy sources, particularly solar energy, as part of its energy transition strategies.

Title:

Content: L&T Secures Mega Renewable Energy Project in Middle East

Larsen & Toubro's renewable energy division has landed a significant project in the Middle East, entailing the construction of two Gigawatt Scale Solar PV plants. With these new orders, the company’s renewables portfolio is projected to reach a cumulative capacity of 22 GWp.

Devdiscourse News Desk | Updated: 08-07-2024 12:17 IST | Created: 08-07-2024 12:17 IST
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The Renewable energy arm of Larsen & Toubro (L&T) has clinched a major energy project in the Middle East, the company announced in an exchange filing on Monday. The project involves building two Gigawatt Scale Solar PV plants with a key developer in the region.

These solar plants will have a combined capacity of 3.5 GW (Gigawatt). The orders also encompass grid interconnections, including pooling substations and overhead transmission lines. Engineering and initial construction work for the project is slated to commence shortly.

Last month, the company announced securing a solar-cum-storage plant project in India. With the addition of these new mega orders from the Middle East, L&T's renewables portfolio is expected to reach 22 GWp (Gigawatt Peak) in cumulative capacity, comprising both solar and wind projects. 'The successive order wins stand as a testament to our engineering and project management capabilities,' noted T Madhava Das, Whole-time Director & Sr Executive VP (Utilities) - L&T.

Larsen & Toubro is a USD 27 billion Indian multinational enterprise engaged in EPC (Engineering, Procurement, and Construction) Projects, Hi-Tech Manufacturing, and Services. 'The Middle East is leading in sustainable energy infrastructure. These orders are valuable additions to our green portfolio as we envision the future with next-generation technologies,' said S N Subrahmanyan, Chairman & Managing Director - L&T.

Shares of the company stood at Rs 3602.45 on Monday at the time of the report filing. (ANI)

(Disclaimer: With inputs from agencies.)

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Several countries in the region, including Egypt, Saudi Arabia, and the United Arab Emirates (UAE), are investing heavily in solar energy projects, with the aim of reducing their dependence on fossil fuels and mitigating the impacts of climate change.

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Content: Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Excess for export.
Where is Egypt on renewable energy?
During the past years, Egypt has implemented a number of national projects and paid unprecedented attention to energy projects, especially renewable ones, so that there is a large surplus of energy in Egypt.
The International Renewable Energy Agency (IRENA) recently issued an official statement on the future of energy, stressing that renewable energy development can drive economic growth, create new jobs and promote human health and well-being at the national level, and revealed the frameworks for achieving this through a series of studies known as Leveraging Local Capacity related to the types of jobs created and proposed to be added to existing industries.
Small-scale renewable energy also creates a lot of jobs.
Analysis by IRENA indicates that operation and maintenance work is needed throughout the life of solar systems, thus accounting for 33% of the required employment nationally, installation of solar systems accounts for 28% of the jobs required, and decommissioning of solar systems accounts for 20%, second in volume, followed by sales and distribution 10% and procurement and manufacturing 9%.
Dr. Sameh Noman, professor of engineering and renewable energy expert, stressed that Egypt is on a steady and promising pace in the field of energy, especially renewable ones, and although Egypt was suffering from a deficit and shortage of energy during the past years, the situation is different now, Egypt has a large surplus.
He added that Egypt has a surplus of energy as a result of the national projects implemented by Egypt in a short period of time, which contributed to the high rates of energy production in Egypt.
He pointed out that with a surplus in energy, a good plan must be developed to invest in energy and export the surplus, and focus on achieving the maximum benefit, both locally and globally, for the benefit of Egypt.
The renewable energy expert pointed out that investment in surplus energy at the local level can be through the establishment of new plants that use energy, and at the global level can be invested in energy globally by exporting it abroad, which is a sustainable trade that benefits the economy.
As Egypt prepares this year for the Benban project, which is close to three-quarters of the power capacity of the High Dam, there are growing calls for a review of the 2014 energy strategy in response to rapid economic and technical changes taking place at the national and regional levels.
While the Egyptian government expects 12 to 14 percent of clean energy to be generated from wind power, the focus is currently on Benban, which will become the largest solar PV project on Earth when completed.
Increasing energy projects globally
Utility scale renewables capacity additions are expected to rise by 38 gigawatts year-on-year, reaching 220 gigawatts for the first time ever, according to a recent report by energy research firm Rystad Energy.
Projects under construction account for 88% of renewable energy capacity expected to be installed this year, with the remaining 12% at various stages of development.

Egypt, for example, has launched the Benban Solar Park, one of the largest solar parks in the world, with a capacity of 1,800 megawatts, and is expected to generate 12-14 percent of its clean energy from wind power.

The UAE is also making significant strides in solar energy, with the Mohammed bin Rashid Al Maktoum Solar Park in Dubai expected to produce 5,000 megawatts of electricity by 2030, making it one of the largest solar parks in the world.

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Content: UAE strengthens its position in the solar energy sector
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Solar investments in the UAE have huge potential, driven by government subsidies, large government investments, supportive policies, an innovation-friendly environment, commitment to sustainability goals, increased energy demand and lower technology costs.
The UAE is a pioneer in the adoption of renewable energy sources and strives to make solar energy the cornerstone of the national energy system, with many global reports indicating that the UAE is one of the fastest countries in the world in the adoption of solar energy.
And in this regard...
A report by Mordor Intelligence International, for research and studies, predicted that the size of the solar energy market in the UAE will grow at a compound annual growth rate of more than 35% during the coming period, specifically until 2029.
The report stressed the importance of the UAE Energy Strategy, which aims to triple the contribution of renewable energy over the next seven years, and to inject national investments between 150 and 200 billion dirhams during the same period, in order to reach the targets of climate neutrality 2050.
He also predicted that the transformation in the field of renewable energy, specifically solar energy, which is a key player in the energy transformation strategy, will create many opportunities for the solar market in the UAE in the future.
According to another report from Mordor Intelligence, the global solar market is expected to grow at a rate of only 29% between 2024 and 2029, thus surpassing the global average.
The UAE has emerged as a major player in the global solar market in recent years, and has leapfrogged production rates over the past 10 years: from just about 12 megawatts of solar capacity in 2012, it has raised the figure at a staggering rate to more than 3,040 megawatts, according to the Energy Institute.
In 2022, the UAE emerged as a major player in the global solar energy market, ranking second in the world in terms of per capita solar energy consumption, according to the Statutory Review of World Energy.
S & P reported that the proliferation of solar PV as an abundant, low-cost and rapidly deployable technology has overshadowed the potential of wind in the Middle East, pointing to the UAE ’ s role in the region in the field of solar energy and the transition to clean energy.
Masdar is involved in the development of a number of key projects in the UAE, including Shams, the region ’ s first concentrated solar power plant, which was inaugurated in 2013.
It has also invested in a range of world-leading solar power plants, including the 2 GW Al Dhafra plant, the world ’ s largest single-site solar PV plant in operation.
Masdar has developed the third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai and won the bid to develop the sixth phase of the project, which will have a total production capacity of 5 gigawatts and will be the largest in the world.
The Mohammed bin Rashid Al Maktoum Solar Park, implemented by DEWA, is the largest single-site solar park in the world under the IPP system and will have a production capacity of 5,000 megawatts by 2030, with a total investment of AED 50 billion.
When completed, the complex will reduce more than 6.5 million tonnes of carbon emissions annually.
At the end of March this year, DEWA ’ s production capacity from the complex reached 2,627 megawatts.
The fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park uses three common technologies to produce clean energy: a 600 MW parabolic trough system, a 100 MW CSP tower and 250 MW photovoltaic solar panels.
The Mohammed bin Rashid Al Maktoum Solar Park achieved two records for the world ’ s “highest concentrated solar power tower ” at 263.126 meters and the“ largest thermal energy storage capacity ” in the world with a capacity of 5907 MWh using concentrated solar energy using parabolic inverters and molten salt.
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Saudi Arabia has launched several new solar energy projects, with a total capacity of 3,300 MW, and aims to achieve 50% of its energy mix from gas and renewable energy by 2030.

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Content: With a total capacity of 3,300 MW
Saudi Arabia launches five new projects to produce electricity using renewable energy
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The Saudi Power Purchase Company (the main buyer) announced the launch of five new projects to compete for the production of electricity using renewable energy, as part of the fourth phase of the National Renewable Energy Program (NREP), which is supervised by the Ministry of Energy.
According to the Saudi Press Agency.
These projects, with a total capacity of 3,300 MW, include three wind energy projects and two solar energy projects. The total production capacity of wind energy projects in this phase is 1,800 MW, distributed among a 700 MW project in Yanbu, a 600 MW project in Al-Ghat, and a 500 MW project in Waad Al-Shamal. A project in Hanakiya with a capacity of 1100 megawatts and a project in Tabarjal with a capacity of 400 megawatts.
These projects are part of the National Renewable Energy Program (NREP) as part of the Kingdom ’ s objectives to achieve the optimal energy mix for the production of electricity in the Kingdom from renewable energy sources, the use of gas for 50% each and the displacement of liquid fuel used to produce electricity by 2030, thus achieving the objectives of the Kingdom ’ s Vision 2030.
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The region's energy transition is driven by a combination of factors, including the need to reduce greenhouse gas emissions, improve energy security, and diversify economies.

Title:

Content: The Middle East is on the cusp of an energy revolution.
In the midst of unprecedented climate change
The next morning – follow up:
The world is currently facing extreme weather extremes, from flash floods to heavy rainfall to record-high temperatures and wildfires, all pointing to a single source: climate change driven by carbon emissions in the air.
The Middle East is particularly affected by this situation as it produces and consumes a very large amount of carbon-emitting fossil fuels that in turn lead to climate change.
A UN report by a UN scientific panel described climate change as unprecedented, saying it was definitely people who were responsible for climate change.
He called for drastic cuts in emissions in order to keep global temperature below the limits set out in the 2015 Paris climate agreement.
According to the Intergovernmental Panel on Climate Change (IPCC), “The scope of recent changes in aspects of the climate system as a whole and the current state of many aspects of the climate system are unprecedented for centuries or several millennia. ”
"Based on the available evidence, they have high confidence that atmospheric carbon dioxide concentrations were higher in 2019 than at any point in at least two million years, and that since 1970, global surface temperature has risen faster than any other 50 years in at least the last two millennia."
234 experts from 66 countries wrote the report, the most comprehensive since 2013.
Many of the effects of climate change can no longer be avoided today.
John Alterman, vice president of the Center for Strategic and International Studies, director of the Middle East Program and director of the Brzezinski Chair for Global and Strategic Security, says no region in the world is more immersed in the consequences of global climate change than the Middle East.
The region accounts for 30% of global oil production and oil revenues are the locomotive of government revenues in the region, either because countries produce oil or because countries produce a workforce working in oil-exporting countries and send money home.
Because of oil revenues, Middle Eastern governments can and do employ large numbers of their own population.
As the world moves away from oil as a source of energy, the economies of the Middle East will change profoundly.
John Alterman adds in a report published by the Center for Strategic and International Studies that at the same time the Middle East is vulnerable to the consequences of climate change.
The region is already extremely water-poor, with the Middle East having 9 of the 10 most water-poor countries.
Drought pushes farmers away from their land and the region ’ s many coastal cities are threatened by sea-level rise, and rising summer temperatures increasingly combine with humidity to endanger human survival.
The Middle East is thus rooted on both sides of the issue of climate change.
As global consumption patterns change, the Middle East will change profoundly.
With climate change, the Middle East will also change profoundly.
He adds that developing countries' energy consumption rises sharply as incomes increase and are likely to rely on existing equipment and technology for longer.
While the rich can spend thousands on green products, for much of the world ’ s population oil and gas will remain affordable fuel.
But Middle Eastern governments may not be willing to cut their oil production.
A sustained drop in global consumption, however small, would put pressure on Gulf states to increase output in a bid to drive higher-cost producers out of the market and ensure they are not left with less valuable barrels in the ground when consumption falls further.
Governments across the Middle East have been preparing for a post-oil world for years but are still far from their goals, says John Alterman.
In the Gulf countries, years will be needed to move from the reality of high-productivity, low-wage workers supporting the efforts of low-productivity, high-wage workers.
The energy transition will be important for more than just the Middle East.
Energy security is the driver of much of China ’ s recent investment in the region.
If China decides that its energy security derives from mines in Africa and not from wells in the Middle East, we should expect a shift in Chinese interest and capital.
If there is a more permanent role for oil and gas in the global energy picture, there could be more competition between the United States and China for regional influence.
Finally, Western countries could move away from hydrocarbons for environmental reasons while China and the developing world remain devoted to them for economic reasons.
This could almost be reflected in America abandoning its future role in the Middle East, with China capturing much of this inaction.
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However, the transition also poses significant challenges, including the need for substantial investment, the potential for job losses in the fossil fuel sector, and the requirement for new technologies and infrastructure.

Title:

Content: Iraq to lay off staff in 10 years
What did Allawi want with his statement?
12 / 27 / 2021 | 10: 37 - Source: YES Iraq
(This is news from Iraq.)
Yes Iraq: Baghdad
The comments of Finance Minister Ali Allawi still reverberate to the media, markets, streets and in the popular circles, when he talked about the collapse of oil markets is inevitable and in 10 years Iraq may not find it except to lay off its employees because it can not pay their salaries if the oil markets collapse due to the continuous progress towards renewable energy.
Allawi made these statements, but they were conditional, meaning that this fate will happen if Iraq does not work from the moment and now to carry out difficult reforms on the Iraqi economy, as a warning signal that may indicate the size of the problem waiting for Iraq to be accepted politically and socially necessary reforms despite their cruelty.
But these terrifying statements, faced by economists and oil by saying that Allawi's expectations are excluded, and that the oil market will not collapse soon ever, in contrast, economists interpreted Allawi's statements that he wanted her to "alarm."
Economist Nabil al-Marsoumi said in a statement that "oil like coal is sick and does not die," noting that "the energy transition means briefly changing energy systems by abandoning the consumption of fossil energy and moving towards renewable energy."
“The significant additional investment in low-carbon technologies calls for a 30% increase in cumulative investment in the energy system between 2015 and 2050 from $93 trillion according to current policies to $120 trillion so that the share of renewable energy will rise from 15% in 2015 to about two-thirds in 2050, while OPEC expects oil demand to continue to rise until the middle of the next decade to reach 108 million barrels per day, and then stabilize until 2045. ”
On the other hand, says economic specialist Bassem Jamil Antoine in that "the Iraqi economy is rentier and difficult to grow if it is not diversified and inclusive of the sectors of agriculture, industry and tourism."
Antoine added that "75% of the budget of Iraq goes to the operational side, and the remaining 25% lacks economic visions pour into investment."
He pointed out that "the talk of the Minister of Finance about the dismissal of employees after 10 years, was interpreted in another way, the purpose of this statement is to seek to disengage with the public sector and rely on the private and build projects, because the state has become burdened with this process, and it is very difficult to bear large salaries and operational."
He pointed out that "the white paper launched by the government did not include employment, but stressed the orientation towards the private sector and its development and the creation of jobs and a rewarding retirement law," pointing out that "the statements of the Minister of Finance were warnings to the government and the political blocs dominant on the economy of Iraq."
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To address these challenges, governments in the region are offering various incentives, such as tax breaks, subsidies, and favorable regulations, to encourage investment in renewable energy.

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Content: General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
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Thank you for your patience.
Energy MPs call on government to accelerate access to 42% of new and renewable energy
The Committee on Energy and Environment in the House of Representatives announced its support for the Egyptian state ’ s plan to have 42% of the energy produced in the form of new and renewable energy by 2030, stressing that the state ’ s implementation of this plan within the framework of President Abdel Fattah al-Sisi ’ s great interest in new and renewable energy projects achieves great gains for the national economy.
Al-Suwaidi praised in a statement issued today the statements of Prime Minister Mostafa Madbouly during his inspection of one of the private sector projects in the field of new and renewable energy during his inspection tour in Aswan province, in which he confirmed that the international company owner of the project is working with investments approaching 180 million dollars and is scheduled to start production effectively in April.
He announced his full agreement with Dr. Mostafa Madbouly ’ s assertion that the establishment of this type of project reduces the dependence on gas, diesel and fossil fuels in the production of energy, export it abroad and then obtain hard currency.
He called on the government to continue to grant more incentives to the national private sector to establish more such strategic and important projects, which achieve multiple gains for the national economy, especially reducing the import bill and turning Egypt into a major regional center in such projects, stressing the need for the government to accelerate the implementation of its plan to reach 42% of the energy produced in the form of new and renewable energy by 2030.

International partnerships and cooperation are also playing a crucial role in supporting the region's energy transition, with countries such as China, the US, and France collaborating with Middle Eastern nations on clean energy projects.

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Content: People 's Network > > International
Dubai Climate Conference _ Roundup: China and Middle East countries join hands to tackle climate change
December 9, 2023, 13: 49 | Source: Xinhua Network
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Xinhua News Agency, DUBAI, December 8, Roundup: China and Middle East countries join hands to combat climate change
By Xinhua reporter Luo Chen, Chen Mengyang, Wang Yan
The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) is taking place in Dubai, UAE.
This is the second consecutive year that the United Nations Climate Change Conference is being held in the Middle East after Sharm el-Sheikh, Egypt.
Just before COP28 was held, the world's largest single photovoltaic power station contracted by Chinese enterprises - the United Arab Emirates Eldavra photovoltaic power station was fully completed.
Rows of photovoltaic modules in Abu Dhabi ’ s vast desert form a spectacular “energy oasis ”.
The photovoltaic power station, which can supply electricity to 200,000 households, will reduce carbon emissions by 2.4 million tons per year, increasing the proportion of clean energy in the total energy structure of the UAE to more than 13%.
The Middle East is rich in oil and gas resources, and China and Middle East countries have maintained close cooperation in the energy field for a long time
In recent years, as the global climate crisis has become increasingly severe, China and the Middle East countries have accelerated their respective energy transformation steps, while vigorously promoting bilateral and multilateral cooperation in clean energy and renewable energy.
In December 2022, at the first China-Arab Summit, China proposed the "eight common actions" for China-Arab practical cooperation, including joint actions on green innovation and joint actions on energy security.
China has proposed the establishment of the China-Arab International Research Center on Drought, Desertification and Land Degradation and the joint establishment of the China-Arab Clean Energy Cooperation Center, demonstrating its determination to continuously deepen cooperation on climate change.
China has the world 's largest clean power generation system, and the installed capacity of hydropower, wind power and solar power is ranked first in the world. With its technological advantages in the field of clean energy, China and the Middle East countries actively cooperate in clean coal, solar and other fields.
The Haasyan Clean Coal Power Station Project in Dubai, United Arab Emirates, built by Harbin Electric Group Co., Ltd. is the first clean coal power station project in the Middle East and the first power station in the world to achieve dual-fuel full-load power supply.
In May this year, the fourth unit of the project was connected to the grid for the first time.
In addition, the third phase of solar thermal power generation independent power station in Morocco undertaken by Chinese enterprises is the world's largest single capacity tower solar thermal power station, Oman's largest renewable energy project - Oman Ibril photovoltaic project completed last year, Saudi Red Sea New City the world's largest energy storage project is also stepping up construction.
Ahmed Mohamed Massina, Deputy Minister of Electricity and Renewable Energy of Egypt, said that China and Egypt have maintained good cooperation in the field of renewable energy such as wind and solar energy, and expect the two sides to further deepen cooperation in various fields to jointly address climate change.
In addition to energy cooperation, China has also provided assistance to Middle East countries in the fields of desalination, green finance and green agriculture to jointly address the challenges posed by climate change.
In November 2022, Unit 2 of the Tawiller Seawater Desalination Project in Abu Dhabi, United Arab Emirates, built by SEPCO, was successfully connected to the grid.
The project is the largest reverse osmosis seawater desalination project under construction in the world.
Martin Trico, Chairman of the Investment Bank of Abu Dhabi First Bank, said that China ’ s “double carbon ” goal is highly compatible with the UAE government ’ s goal of achieving carbon neutrality by 2050, and Abu Dhabi First Bank issued the first RMB green debt in the Middle East and North Africa, and the space and potential for cooperation between the two sides is huge.
(Participating reporters: Guo Shuang, Tai Puping, Su Xiaopo)
(Edited by: Su Yanxiang, Xu Xiangli)
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The UAE, for example, has partnered with China's Huawei to develop a large-scale energy storage project, while Saudi Arabia has launched the Saudi Green Initiative, aiming to reduce carbon emissions by 278 million tons annually by 2030.

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Content: ECONOMY
The Kingdom ranks first globally in the growth of renewable energy production and leads 10 places in the Green Future Index
Thank you for reading the news of the Kingdom, the first in the world in the growth of renewable energy production and progress 10 places in the index of the green future and we assure you that we always seek to satisfy you and now with details
The Ministry of Energy revealed yesterday a number of achievements achieved by the energy sector in the Kingdom, two years after the launch of the Saudi Green Initiative by the Crown Prince and Prime Minister.
In March 2021, the Crown Prince announced the Saudi Green Initiative and the Middle East Green Initiative to play a pivotal role in achieving global climate goals, increasing reliance on clean energy, reducing emissions and fighting climate change.
The ministry said in several tweets on its Twitter account that among the achievements of the energy sector in the Kingdom two years after the launch of the Saudi Green Initiative, the Kingdom has advanced globally in the Green Future Index 10 places, achieving the first position in the Arab world and 20 globally in the emission reduction index, as well as the first position globally in the growth of renewable energy production.
She pointed out that within two years of the launch of the initiative, the Kingdom has launched a number of new projects in the fields of energy that contribute to a more sustainable tomorrow, the most important of which are the launch of 17 new renewable energy projects with a capacity of 13.76 GW to remove about 23.1 million tons of carbon dioxide equivalent annually, the launch of the largest regional center for capturing, transporting and storing carbon dioxide in Jubail Industrial City. It has a capacity of 9 million tonnes per year by 2027, and a maximum capacity of 44 million tonnes per year by 2035.
On the second anniversary of the announcement of the Saudi Green Initiative, we celebrate the contributions of our entire community in supporting the Kingdom ’ s climate action efforts, which include electrifying 150,000 homes from renewable energy sources, planting 10 million trees, and resettling some 1,200 endangered animals.
Highlights of the energy sector two years after the crown prince launched the Saudi Green Initiative:
Centers:
• The Kingdom ranks globally in the Green Future Index 10 places.
• First place in the Arab world and 20th globally in the emission reduction index.
• Ranked first in the world in the growth of renewable energy production.
Projects:
• Launching 17 new renewable energy projects with a capacity of 13.76 GW to remove approximately 23.1 million tonnes of CO2 equivalent annually.
• Launching the world ’ s largest clean hydrogen production complex with a production capacity of 250,000 tonnes per year by 2026.
• Launching the first phase of the largest regional CO2 capture, transport and storage center in Jubail Industrial City with a capacity of 9 million tons per year by 2027, and a maximum capacity of 44 million tons per year by 2035.
Climate:
• 150,000 homes supplied with electricity from renewable energy sources.
Ten million trees have been planted.
• 1,200 endangered animals have been resettled.
The Saudi Green Initiative:
Sustainability:
The initiative seeks to achieve sustainability in the Kingdom through:
• Overseeing and uniting all the Kingdom ’ s efforts to combat climate change under one umbrella and with a clear and common goal.
• Unify the efforts of the public and private sectors to identify and support opportunities for cooperation and innovation.
• Promoting the green economy – The first package, which includes more than 60 new initiatives and projects under the Saudi Green Initiative, represents an important investment in this context.
• Accelerate the green transition and play a leading role globally in the implementation of the circular carbon economy concept.
• Raising the quality of life and protecting the environment for future generations in the Kingdom.
Objectives:
The initiative is guided by three overarching objectives:
• Reduce carbon emissions.
• Planting Saudi Arabia.
• Protection of land and marine areas.
This was the details of the news of the Kingdom of the first in the world in the growth of renewable energy production and progress 10 places in the green future index for today we hope that we have succeeded by giving you the details and full information and to follow all our news you can subscribe to the system alerts or in one of our different systems to provide you with all that is new.
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Egypt has also signed several agreements with international companies to develop renewable energy projects, including a $83 billion deal with investors to develop 100 GW of renewable energy capacity over the next 10 years.

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Content: People 's Network > > International
Egypt encourages renewable energy development
Our reporter Huang Peizhao
January 13, 2023 05: 44 | Source: People's Daily - People's Daily
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Recently, the Egyptian sovereign fund signed a number of renewable energy cooperation agreements with nine investors, totaling 83 billion US dollars, focusing on green hydrogen energy, green ammonia and other projects.
Egyptian Minister of Electricity and Renewable Energy Shaker said that in the next 10 years, Egypt will have about 100 GW of renewable energy used to produce green hydrogen, which will become a considerable source of revenue for Egypt, while reducing 37 million tons of carbon emissions annually.
In terms of renewable energy, Egypt has a superior resource endowment.
Solar radiation levels are high in the Suez region, and the average wind speed in the south is as high as 12.86 m / s.
At present, nearly 80% of the green hydrogen projects announced by Egypt are located in the Suez Canal Special Economic Zone, which is a global logistics hub connecting Europe, Asia and Africa, which is conducive to meeting the needs of the Middle East and the European Union.
In recent years, the Egyptian government has been increasing its policy, financial and technical support for renewable energy.
According to the “Comprehensive Sustainable Energy Strategy 2035 ” released by the Egyptian government in early 2020, by 2035, Egypt ’ s installed renewable energy capacity will reach 61 GW, including 43 GW of solar and 18 GW of wind. In 2022, 20% of Egypt ’ s electricity supply will come from renewable sources, and this proportion will increase to 42% in 2035.
According to Egypt Today, the capacity of renewable energy projects under construction in Egypt in the fiscal year 2021-2022 reached 3,570 megawatts, double that of the same period in 2020.
At the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change, held in Sharm El Sheikh, Egypt in 2022, Egypt announced the outline of a low-carbon hydrogen strategy, setting out the goal of building a hydrogen production center and obtaining a global market share of 5% by 2040.
The Egyptian government has set up a series of preferential policies to encourage renewable energy development and investment.
According to the value-added tax law, the capital component of renewable energy is only required to pay 5% value-added tax, and the central bank guarantees financing loans to enterprises engaged in renewable energy projects.
In addition, under the guidance of the Renewable Energy Law, Egypt has introduced a number of related development plans, including competitive bidding, feed-in tariffs, and the participation of independent third parties.
At the same time, Egypt has facilitated foreign investment and promoted the localization of the renewable energy industry.
The International Energy Agency (IEA) has predicted that Egypt's renewable energy production capacity will grow by 68 percent over the next five years.
The article of the Middle East Economic Network pointed out that the active development of renewable energy will help Egypt to diversify its energy structure and increase employment.
Egypt's hydrogen-related projects will also bring about 45,000 direct jobs and 230,000 indirect jobs, Shaker said.
(Newspaper from Cairo)
People 's Daily (January 13, 2023, 15 edition)
(Editor: Yuan Bo, Yang Guangyu)
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Overall, the Middle East region is making significant progress in its energy transition, with a growing focus on renewable energy sources, particularly solar energy, and a commitment to reducing greenhouse gas emissions and improving energy security.

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Dubai Electricity launches a pilot project to store energy using lithium-ion batteries
Dubai Electricity and Water Authority (DEWA) has launched a pilot project at the Mohammed bin Rashid Al Maktoum Solar Park to store energy using Tesla ’ s Li-ion battery systems with a storage capacity of 1.21 MW, a capacity of 8.61 MWh and a life span of up to 10 years.
HE Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA, said: “The project is part of DEWA ’ s efforts to diversify energy sources and enhance energy storage technologies. It aims to assess the technical and economic capabilities and characteristics of this technology within the operational framework of solar photovoltaic power plants and to test the role of this technology in integrating clean energy and storage to achieve maximum efficiency and reliability. ”
Al Tayer pointed out that the Authority is working on other storage projects, including the use of concentrated solar energy in the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, which combines concentrated solar energy and solar photovoltaic technologies with a capacity of 950 MW and will include the largest solar storage capacity in the world for 15 hours, which will allow the production of power 24 hours. In the Arabian Gulf region, electricity will be produced using water stored in the Hatta Dam with a storage capacity of 1,500 MWh; and the Green Hydrogen project, implemented by DEWA in collaboration with Expo 2020 Dubai and Siemens Energy, is the first of its kind in the Middle East and North Africa to produce green hydrogen using solar energy at the R & D facilities of the Mohammed Bin Rashid Al Maktoum Solar Park.
Waleed bin Salman, Executive Vice President, Business Development and Excellence Sector, pointed out that this is the second project launched by the Authority at the Mohammed bin Rashid Al Maktoum Solar Park, where it launched the first project in cooperation with Amplex Emirates to install and test NaS systems with a storage capacity of 1.2 MW and a capacity of 7.5 MWh.
He explained that the two pilot projects allow the storage of energy from the electricity grid or from solar power stations with the connection of storage systems to the TRA network.

The region's energy transition is expected to have a positive impact on the environment, with a reduction in greenhouse gas emissions and improved air quality, as well as on the economy, with the creation of new jobs and industries.

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Content: World Bank: We need to envision a way for green recovery to be able to respond to future crises
Sunday ، 13 February 2022 01: 10 PM
League of Arab States - File photo
Bishoy Ramzi
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Ayat Suleiman, Regional Director for the Middle East and North Africa at the World Bank, said that the countries of the Middle East and North Africa region have an important opportunity to accelerate the pace of adaptation to climate change and embrace a number of green solutions, otherwise there will be problems and challenges affecting public health and prosperity in the region.
"We must envision a way of green recovery in order to be able to respond to future crises," she said, noting that the pandemic has reinforced poverty in the region and has faced a number of economic crises, which have led to increased unemployment.
She congratulated Egypt for hosting the climate summit at the end of this year, and the United Arab Emirates, which will host it next year.
Ayat Soliman said that this is a good opportunity for Egypt to learn its leadership role in combating climate change, pointing out that there is evidence that climate change will exist for a long time and will affect societies.
The Mediterranean region will experience reduced rainfall, sea levels will rise at significant rates, environmental pollution will result in a loss of 3% of global GDP, and water sources will be affected by climate change, negatively impacting the ability of people and communities to respond to climate change.
She called for the adoption of a green and inclusive action plan, noting that in 2050 the population of the region is expected to double, and we need 300 million jobs to keep pace with population growth, and green development solutions provide jobs for the youth of tomorrow, stressing that the orientation to new sources of energy reduces carbon and achieves social and economic benefits.
She pointed out that the new energy could provide the world with more than 2 billion jobs in the coming years, and in Morocco, for example, the country is working over the next 30 years to create one million jobs in the field of new energy.
She explained that the shift to green technology could lead to increased crop production and less water consumption, noting that the lack of water treatment affects public health and wastes existing opportunities.
It was time to improve the experiences of women and young people and to take advantage of green technology through training.
She stressed that the comprehensive green approach will help the Middle East and North Africa to get out of the pandemic and move towards the future, noting that the World Bank launched the Green Future Program for the Middle East and North Africa.
"We are focused on transforming the economy towards a green economy," she said, noting that sustainable development, climate change and the pandemic are the most important challenges facing our region.
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However, the transition also poses significant challenges, and governments in the region must continue to invest in new technologies and infrastructure, and offer incentives to encourage investment in renewable energy.

International cooperation and partnerships will also be crucial in supporting the region's energy transition, and countries such as China, the US, and France must continue to collaborate with Middle Eastern nations on clean energy projects.

In conclusion, the Middle East region is undergoing a significant transformation in its energy sector, with a growing focus on renewable energy sources, particularly solar energy, as part of its energy transition strategies.

The region's energy transition is driven by a combination of factors, including the need to reduce greenhouse gas emissions, improve energy security, and diversify economies.

While the transition poses significant challenges, governments in the region are offering various incentives, and international partnerships and cooperation are playing a crucial role in supporting the region's energy transition.

The region's energy transition is expected to have a positive impact on the environment and the economy, and governments in the region must continue to invest in new technologies and infrastructure, and offer incentives to encourage investment in renewable energy.

The UAE's Masdar is targeting 100 GW of renewable energy by 2030, and the company is also planning to produce 1 million tonnes of green hydrogen by 2030, avoiding 6 million tonnes of CO2 emissions.

Title:

Content: 2022 is an exceptional year and outstanding achievements
Masdar Continues to Lead Global Deployment of Renewable Energy
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Abu Dhabi Future Energy Company (Masdar) continued its pioneering role in the deployment of renewable energy and clean technologies, in line with the directives of the wise leadership and its future aspirations to establish the UAE as a global leader in the fields of renewable energy and climate action and achieve its strategy to achieve climate neutrality by 2050.
The year 2022 has been an exceptional year for Masdar, with several milestones including the announcement of the strategic acquisition of stakes in Masdar by Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Company (ADNOC).
The agreement, announced last December by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, aims for the first time to coincide with the 50th National Day, to join forces with three of Abu Dhabi ’ s leading energy companies to expand Masdar ’ s operations to the ranks of global companies, including renewable energy, green hydrogen and other technological innovations supporting clean energy.
Masdar aspires to become a leading national clean energy company in the UAE and aims to increase its production capacity to 100 GW of renewable energy by 2030, the largest proportion of which will be attributed to modern wind and solar technologies. Masdar aspires to produce more than 200 GW of renewable energy, further cementing its position as a global leader in the sector.
Green Hydrogen
Masdar is rapidly expanding its green hydrogen business to an annual production capacity of 1 million tonnes of hydrogen by 2030, equivalent to avoiding more than 6 million tonnes of CO2 emissions.
Wider horizons
Mohammed Jameel Al Ramahi, CEO of Masdar, said: “Masdar is consolidating its position in the renewable energy sector year after year and is moving towards wider horizons in its continuous journey to spread clean technologies around the world and contribute to global efforts to address the challenges of climate change. ”
“Thanks to the support of our wise leadership, Masdar has achieved unprecedented achievements this year, most notably the official announcement of the company ’ s new structure and expansion of its operations in the fields of clean energy and green hydrogen, which gives the company a great impetus to achieve its ambitions and accelerate its development and strengthen its global leadership in this sector.
We look forward to playing a key role in the country ’ s development and supporting its climate goals as we prepare to host Abu Dhabi Sustainability Week, which will play a vital role in ensuring that the momentum of attention and efforts is maintained until COP28 is held in the UAE next year. ”
Projects and Agreements
Today, Masdar is one of the fastest growing renewable energy companies in the world, with a portfolio of projects in more than 40 countries, with a total value of more than $20 billion.
Masdar has expanded its clean energy portfolio to more than 20 gigawatts (GW) in total capacity, while avoiding the release of nearly 20 million tonnes of carbon emissions annually.
In 2022, Masdar launched a number of renewable energy projects and signed agreements to develop future projects in several countries including Egypt, Turkmenistan, Jordan, Azerbaijan, Kazakhstan, Indonesia, Seychelles, Kyrgyzstan and others. In May, His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the Sharjah Waste to Energy Plant, the first commercial plant of its kind in the Middle East. A joint venture between Bee ’ ah and Masdar.
Announced in 2018, the plant will divert up to 300,000 tonnes of waste from landfills annually, supporting the UAE ’ s waste diversion and management goals.
The plant will also enable Sharjah to increase its waste diversion rate from 76% to 100%, making it the first city in the Middle East to divert all waste away from landfills.
In 2022, Masdar acquired Arlington Energy, a UK-based energy storage development company.
During the same year, Masdar completed the financial closure of the 500MW Zarafshan Wind Farm, the first utility-scale wind farm in Uzbekistan.
Saudi Arabia
To further its contribution to Saudi Arabia ’ s renewable energy goals, Masdar opened a business office in the Kingdom in 2022.
Masdar is also participating in a tender announced by the Saudi Power Procurement Company (the main buyer), which includes the development of solar and wind projects with a total production capacity of 3.3 GW.
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Saudi Arabia has launched 17 new renewable energy projects with a total capacity of 13.76 GW, expected to remove 23.1 million tons of CO2 equivalent annually.

Egypt has made efforts to mitigate climate change effects, aiming to double renewable energy production and increase it fourfold by 2030, and the country has also issued green bonds and allocated $750 million for sustainable water management.

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Content: Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Editor-in-Chief
Wael Lotfy
Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Editor-in-Chief
Wael Lotfy
World Organization: Egypt has made great efforts to mitigate the effects of climate change
Egypt has made great efforts in mitigating the effects of climate change and doubling its production of renewable energy, and has undertaken many initiatives and infrastructure projects related to combating climate change.
The organization added that the outputs of COP27 reflect that it was positioning itself as a champion of Africa and the global South.
Since 1995, the COP summits have served as the main international platform for climate negotiations, and in the 2015 Paris Agreement, the goal of limiting the increase in global average temperature to 1.5 ° C (2.7 ° F) above pre-industrial levels was set.
Ahead of the COP27 conference held in the Egyptian city of Sharm el-Sheikh, President Abdel Fattah al-Sisi said his country would use its position as a host to promote the interests of other developing countries, especially those in Africa.
Although they make up a small fraction of the world ’ s greenhouse gas emissions, developing countries are among the hardest hit by the worsening effects of climate change on issues such as food insecurity, water scarcity, and extreme heat.
Egypt aims to achieve its climate goals and reach a fourfold increase in the contribution of renewable energy sources to the energy mix by 2030 by expanding solar and wind projects, in addition to green hydrogen energy.
The country has also explored adaptation activities, such as building desalination plants and infrastructure to control floods, being the first government in the Middle East and North Africa to issue green bonds, and has allocated $750 million for sustainable water management and clean public transport.
Since accepting the role of COP27 host almost a year ago, Egypt has unveiled a variety of climate-related initiatives, including plans to turn the popular tourist destination Sharm el-Sheikh into a “green city. ”

The UAE has made significant strides in expanding renewable energy projects, with a focus on hydrogen and renewable energy investments, and the country has also developed innovative environmental solutions and prioritizes sustainability and development.

Title:

Content: 00: 00
Expo 2020 Dubai Today
During his participation in the World Energy Forum
Musabah Al Kaabi: UAE invests in carbon neutrality with a strategic vision that extends to 2050
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Musabah Al Kaabi, Chief Investment Officer at Mubadala Investment Company, revealed that the UAE is the first country in the Middle East and North Africa to announce its goal of achieving climate neutrality by 2050, with a focus on creating new economic opportunities that contribute to increasing industrial competitiveness and strengthening the UAE ’ s position as an attractive global economic hub for investments.
This came in a session entitled “Investing in Carbon Neutrality – UAE Perspective ” during the World Energy Forum at the World Government Summit 2022, moderated by Frederick Kemp, President and CEO of the Atlantic Council.
“We are in a region that is very important globally in terms of energy supply and is sure to remain relevant, playing a vital role in this sector, and here we have the UAE model that focuses on new types of energy to invest in, ” Al Kaabi said.
He pointed out that the UAE focuses on hydrogen, renewable energy, solar energy in addition to oil and gas, which reflects its future vision, in developing initiatives, strategies and plans for further development in investments in general, and the energy sector in particular, pointing out that the country has clearly succeeded in its endeavor, which is confirmed by its adoption of the great goal of achieving climate neutrality by 2050 and reducing the carbon footprint.
Al Kaabi added that Mubadala is taking an innovative approach to its investments around the world, with the aim of transforming the UAE economy and creating sustainable value for its partners and future generations by diversifying investments and investing in new areas, including renewable energy, healthcare and others.
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The region is expected to see significant growth in solar energy capacity, with several national projects underway, and governments offering incentives to encourage investment in renewable energy.

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Fayyad: Ministry of Energy is moving towards more environmentally friendly energy technologies
09-05-2024 | 06: 36
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The third edition of the Middle East Clean Energy Conference and Exhibition opened yesterday in the presence of the Minister of Energy and Water in the caretaker government, Dr. Walid Fayyad, an exhibition and conference specialized in clean and renewable energy, showcasing the most prominent modern technologies, as well as a range of related solutions and services.
Dealers display their commercial goods in terms of inverters, panels, batteries, solar programs and heaters, and project finance.
It will continue until tomorrow at the Hotel "Venice", in Beirut.
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First, the national anthem, then the speech of the Beirut Exhibitions – the organizer of the conference, was delivered by the founder Dr. Farhat Farahat on “the importance of holding initiatives despite internal challenges and the war in the south, in the belief of the importance of work and the importance of completing the economic cycle and restoring the country ’ s health. ”
The first session of the conference and exhibition entitled: "National Policy for the Energy Sector", which was attended by Minister Fayyad, Director General of EDL, Dr. Kamal Hayek, Chairman of the Board of Directors of the National Authority of the Litani River Sami Alawiya, and President of the Lebanese Center for Energy Conservation Pierre Khoury, was attended by a large number of invited officials from the Ministry of Energy and Water.
Hayek presented the reality of the institution after the explosion of August 4, the national emergency plans approved by the government to promote the electricity sector, and the decisions of the Board of Directors to put the national emergency plans into effect, the most important of which is the amendment of the tariff, and the future vision of EDL and its dealings with international donors such as the World Bank.
Then there was Alawi ’ s speech, who spoke about “the importance of hydropower and its role in reducing emissions as clean energy, and the relationship with EDL. ”
Fayyad spoke about the Ministry of Energy and Water ’ s move towards more clean, sustainable and environmentally friendly energy technologies, and that Lebanon is serious about the transition to sustainable energy that is less expensive than fossil energy and is a partner in the fight against climate change.
He said: “The solar energy market has witnessed good growth between 2010 and 2020, especially in the level of water heating on solar energy, where the area of solar water heating systems exceeded 900 thousand square meters throughout the Lebanese territory.
The market for electricity production through solar energy and fans has also witnessed remarkable growth, especially with the lifting of subsidies on oil derivatives, as the clean energy currently produced in Lebanon is less expensive, as the cost of electricity production in the EDL reaches about 14 US cents per kilowatt hour, while the cost of electricity production from private generators reaches about 30 US cents per kilowatt hour. 6 or 7 cents per kilowatt-hour.
There is no doubt that the lifting of subsidies on electricity prices gave the market of clean and renewable energy a great boost, which made the volume of solar projects implemented to exceed the threshold of 1500 MW by June 2024. ”
He also discussed government plans for the implementation of major projects in the field of electricity production through the sun, especially the construction of 11 solar plants to produce electricity with a capacity of 15 MW per plant, i.e. a total of 165 MW, with the production being linked to EDL and sold to EDL.
It is estimated that the proportion of clean and renewable energy in electricity production will be about 30% of the volume of national consumption by 2030.
The ministry aims to install 3,000 megawatts of solar farms by 2030 and about 1,000 megawatts of wind farms, in addition to completing the volume of water heating on solar energy, and increasing hydropower, and the ministry will spare no effort to achieve these figures, even surpassing them. ”
He noted the importance of initiatives such as the Middle East Clean Energy Exhibition and Conference, which aim to raise national awareness on the importance of clean, green and environmentally friendly energy.
The Minister, the Directors General and the invitees went to visit the exhibition to inspect the most prominent modern technologies in the field of energy.
The Middle East Clean Energy Exhibition and Conference will run until Friday from 3: 00 pm to 9: 00 pm at the Venecia Hotel – Beirut, and the invitation is free.
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The cost of solar panels has fallen by 30% over the past two years, making solar energy more competitive with fossil fuels, and Egypt's Silicon Production Complex is set to produce 45,000 tons of metallic silicon.

Title:

Content: Egypt News
China is the world ’ s top solar power producer with 584.2 TWh
Mohamed Ismail - Cairo - Cairo - A:
The Information and Decision Support Center at the Council of Ministers issued a new analysis highlighting solar energy and its role in the transition towards sustainable energy, as well as the most important international markets in the field of photovoltaic energy, the most important elements of Egypt in the field of solar energy production, and the Egyptian efforts towards localizing the solar panel industry.
Solar energy in Egypt has seen remarkable growth in recent years driven by high demand for clean energy, the achievement of Egypt ’ s 2030 vision to shift towards renewable energy, and the Egyptian state ’ s support for green projects. It is about 7 times more renewable.
The analysis of the center at the beginning dealt with the manufacture of solar energy systems, as it explained that solar cells (photovoltaics) are the main component of solar energy panels, where solar energy is converted into electrical energy, through photovoltaic effect, so that the cell is made of semi-conductive materials, which acquires electrical properties when exposed to light, such as: electric current, resistance, voltage, and the solar cell must also be able to absorb light. And the production of electrons, and the default ages of solar cells of different types range from (10 to 30 years).
Solar cells are generally made of semiconductor materials, for example crystalline silicon, which is extracted from sand processing, and silicon production makes up nearly 90% of the solar cell industry.
According to a recent report by the International Energy Agency (IEA) in April on these markets in 2024, the global cumulative capacity of PV has grown to 1.6 terawatts in 2023, compared to 1.2 terawatts in 2022, with 446 gigawatts of PV systems being used in 2023, up from 407.3 gigawatts.
The analysis indicated that PV has played an important role in reducing CO2 emissions from electricity in 2023, with more than 75% of new renewable capacity installed in 2023, and about 60% of generation from new renewable capacity.
China accounted for the largest share of cumulative PV capacity with 43% of total PV capacity globally in 2023, followed by the Asia-Pacific region with 19%, Europe with 18%, and the Americas with 15%.
In terms of the largest countries in solar electricity generation in the world, China was the highest in solar energy production (584.2 terawatt-hours) in 2023, followed by the United States (238.1 terawatt-hours), India (113.4 terawatt-hours) and Japan (109.4 terawatt-hours).
The IEA ’ s latest report, released in June 2024, looks at global energy investments, with global energy investment expected to exceed US $3 trillion for the first time in 2024, of which US $2 trillion is dedicated to clean energy technologies and infrastructure.
Investment in clean energy has accelerated since 2020, and spending on renewable energy is now higher than total spending on oil, gas and coal.
Solar panel costs have fallen by 30% over the past two years, and the prices of metals essential for energy transitions, especially those needed for batteries, have fallen sharply.
The IEA report warns that energy investment flows continue to be disrupted, especially insufficient clean energy investments in emerging markets and developing countries outside China, although there are initial signs of recovery, with clean energy investments expected to approach US $320 billion in 2024, up more than 50% since 2020.
In 2024, the share of global clean energy investment in emerging market economies and developing countries outside China is expected to remain at around 15% of the total, which – both in terms of volume and share – falls far short of what is needed to ensure full access to modern energy and meet growing energy demand in a sustainable manner.
The energy sector ’ s investment in solar PV technology is also expected to exceed US $500 billion in 2024, surpassing all other sources of generation combined, and although growth may slow slightly in 2024 due to lower PV prices, solar remains central to the energy sector ’ s transformation.
The analysis pointed out that Egypt has enormous natural, geographical and economic potentials that make it an ideal destination to become a regional and global center for solar energy production.
The analysis reviewed the most important of these elements: first, the natural resources where Egypt has the potential of solar photovoltaic energy, and is expected to maximize the benefit of natural geography and the potential of local solar energy, in addition to the availability of silicon ore, which is used in the manufacture of solar panels. Fourth, solar energy exploits the promotion of the private sector: the state supports private sector companies in the field of new and renewable energy to enable them to enter strongly into the production of new and renewable energy, through its management and operation.
The competitiveness of Egypt in the field of human resources is its ability to provide skilled and trained workers in the field of manufacturing and production of solar energy, and Egypt is the main regional source of skilled labor in many sectors, including the new and renewable energy sector, especially in light of the adoption of national programs to prepare and train skilled workers.
Sixth, advanced and modern infrastructure: There are many elements in the field of infrastructure in Egypt, where Egypt has achieved unprecedented achievements in the field of infrastructure projects that have contributed to strengthening its regional and international role and making it one of the most important countries in the Middle East and Africa.
The analysis pointed out that within the framework of the Egyptian state ’ s interest in national projects, especially renewable energy projects, the state adopted an integrated and sustainable development strategy until 2035 to support the capacity of the electricity and renewable energy sector, and implement its pledge to reach 42% of renewable energy by 2030 instead of 2035, compared to 20% in 2022.
The analysis highlighted the most important major projects to localize the solar panel industry: the Silicon Production Complex in New Alamein City, comprising four phases, where the detailed feasibility study of the first phase was completed, which aims to produce metallic silicon with a production capacity of 45,000 tons per year, at an investment cost estimated at $172 million, based on ultra-pure Egyptian quartz ore instead of exporting it as a raw material.
The second phase of the project includes the production of intermediate silicon derivatives that enter the industries of insulating materials, construction and construction, rubber, medical uses, and others, while the third phase of the project aims to establish a factory for the production of polysilicon, which enters the manufacture of solar cells and electronics, with a production capacity of about 10 thousand tons annually.
The launch of the Egypt Solar Platform is one of the most important major projects and was launched during the current year, in order to automate and facilitate the installation of small solar plants, and through the platform to identify the follow-up of the installation of "solar power plants" for citizens, individuals and companies, and connect them to the national electricity network through various distribution companies.
The platform was established in cooperation between the New and Renewable Energy Authority, the Egyptian Electricity Holding Company, the Small and Medium Cell Systems Project of the Industrial Modernization Center, and the Electricity Utility and Consumer Protection Regulatory Authority.
ACWA Power ’ s Kom Ombo solar project is one of the most important projects, with a capacity of 200 MW of clean energy that contributes to the reduction of carbon dioxide by 280 thousand tons annually, and meets the needs of about 130 thousand housing units, in addition to the project contains the latest technology of solar panels, in addition to 952 electric reflectors on an area of 4.8 square kilometers.
The project aims to expand the production of clean energy produced, create jobs for young people, contribute to the diversification of electricity sources for citizens, and reduce 2 million tons of carbon emissions annually. The project includes 32 solar plants to generate electricity with a capacity of 1.47 thousand megawatts.
The Cabinet approved the offer of Amia Power, a subsidiary of the UAE ’ s Al Nowais Investment Group, to implement additional renewable energy projects, bringing the total capacity planned to be added from Amia Power ’ s projects before summer 2025 to 2,000 megawatts, including a battery storage system.
The analysis pointed out that Egypt has huge potential in the field of solar energy production thanks to these promising elements; to become a regional and global leader in solar energy production, as well as targeting the Egyptian state ’ s strategy to increase the contribution of renewable energy in the electricity mix, diversify the sources of electricity production, and exploit natural resources, especially new and renewable energy sources.
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The UAE solar energy market is set to grow at a 35% annual rate until 2029, with the country aiming to triple its renewable energy contribution in 7 years, and investing 150-200 billion dirhams in renewable energy.

Lebanon's solar energy market grew between 2010 and 2020, with solar water heating systems exceeding 900 thousand square meters, and the country aiming to install 3000 megawatts of solar farms and 1000 megawatts of wind farms by 2030.

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Content: World News
Clean Energy Middle East Exhibition and Conference Opening Ceremony
The opening ceremony of the third edition of the Middle East Clean Energy Conference and Exhibition, a conference and exhibition dedicated to clean and renewable energy, showcasing the latest technologies, as well as a range of related solutions and services.
Dealers display their commercial goods in terms of inverters, panels, batteries, solar programs and heaters, and project finance.
It will last until May 10, 2024 at the Venice Hotel, Beirut.
The first session of the conference and exhibition was held under the title: "National Policy for the Energy Sector", in which Minister of Energy and Water Walid Fayyad participated.
In a related context, the Director General of EDL, Kamal Hayek, reviewed the reality of the institution after the explosion of August 4, the national emergency plans approved by the government to promote the electricity sector, and the decisions of the Board of Directors to put national emergency plans into effect, the most important of which is the amendment of the tariff, and the future vision of EDL and its dealings with international donors such as the World Bank.
Then came the word A.
Sami Alawiya, who spoke about the importance of hydropower and its role in reducing emissions as clean energy, and the relationship with EDL.
Fayyad pointed out that the Ministry of Energy and Water is moving towards more clean, sustainable and environmentally friendly energy technologies, and that Lebanon is serious about the transition to sustainable energy that is less expensive than fossil energy and is a partner in the fight against climate change.
He pointed out that the solar energy market has witnessed good growth between 2010 and 2020, especially in the level of water heating on solar energy, where the area of water heating systems on solar energy exceeded 900 thousand square meters on the entire Lebanese territory.
The market of electricity production through solar energy and fans has also witnessed a remarkable growth, especially with the lifting of subsidies on oil derivatives, as the clean energy currently produced in Lebanon is less expensive, where the cost of electricity production in EDL is about 14 US cents per kilowatt hour, while the cost of electricity production from private generators is about 30 US cents per kilowatt hour, the cost of electricity production from clean energy is currently about 6 or 7 cents per kilowatt hour. ”
"The lifting of subsidies on electricity prices has given the clean and renewable energy market a significant boost, making the volume of solar energy projects implemented to exceed the threshold of 1500 MW by June 2024," he said.
He also touched on government plans to implement major projects in the field of electricity production through the sun, especially the construction of 11 solar plants to produce electricity with a capacity of 15 MW per plant, i.e. a total of 165 MW, with the production being linked to EDL and sold to EDL.
It is estimated that the share of clean and renewable energy in electricity production will be about 30 percent of the national consumption by 2030.
The ministry ’ s goal is to install 3,000 megawatts of solar farms by 2030 and about 1,000 megawatts of wind farms, in addition to completing the volume of water heating on solar energy, and increasing hydropower; the ministry will spare no effort to achieve these figures, even surpassing them. ”
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The Middle East renewable energy market is growing at an annual rate of 13.43%, with the Benban Solar Park having a capacity of 1,800 megawatts in Egypt, and being valued at $4 billion.

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Content: Chairman of the Board of Directors and Editors
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Mohamad Elbaz
Chairman of the Board of Directors and Editors
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Mohamad Elbaz
Economy: Benban and the Gulf of Suez are among the largest renewable energy projects
Economic Middle East magazine, which specializes in economics and energy, said that the Benban solar park and the Gulf of Suez wind project in Egypt are considered among the largest renewable energy projects in the Middle East.
Renewable Energy Projects in the Middle East
The Middle East has long relied on oil and gas, not only for revenue but also for power generation, but in the past years, the region has positioned itself as a leader in the renewable energy sector, boasting numerous renewable energy projects.
From 2023 to 2028, Mordor Intelligence expects the renewable energy market in the Middle East to grow by 13.43% annually.
The Arab Clean Energy Initiative was launched by the International Renewable Energy Agency (IRENA), and during the Arab Economic and Social Development Summit of 2013, the League of Arab States adopted the initiative, with leaders pledging to increase renewable energy generation capacity in the region from 12 GW in 2013 to 80 GW by 2030.
Benban Solar Park
Located in Aswan, Egypt with a capacity of 1,800 megawatts, Benban Solar Park is valued at $4 billion and includes 41 solar power plants, one of the largest solar PV parks in the world, spanning 37 square kilometers and containing 7 million photovoltaic panels, this initiative is a component of Egypt ’ s Renewable Energy Feed Tariff (FiT) program, which was unveiled in September 2014.
Gulf of Suez Wind Power Project
In November last year, ACWA Power and the Sovereign Fund of Egypt (TSFE) signed a memorandum of understanding, and together they will invest in a 1100 MW wind power project in Jebel Zeit and the Gulf of Suez. The project is one of the largest onshore wind farms in the world, and aims to provide power to more than one million households and reduce annual CO2 emissions by 2.4 million tons.

The Arab Clean Energy Initiative aims to achieve 80 GW capacity by 2030, and the Gulf of Suez Wind Power Project has a capacity of 1100 MW, reducing 2.4 million tons of CO2 emissions.

The Middle East had 12 GW of renewable energy capacity in 2013, and the region is set to double its renewable energy capacity by 2030, with 73 gigawatts of solar and wind projects planned.

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Content: In numbers...
Arab countries race to double their renewable energy production by 2030
ECONOMY
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DUBAI, United Arab Emirates — (CNN) Arab countries are on track to grow their utility-scale wind and solar capacity by more than 500% by 2023, according to a report by Global Energy Monitor.
According to the report, the Middle East and North Africa (MENA) region has enormous potential for large-scale wind and solar power projects because of its favorable climate and sunny weather for most of the year.
Arab countries are planning more than 73 gigawatts of utility-scale solar and wind projects, a more than fivefold increase in current capacity, which together with operational projects will account for 91% of the Arab League ’ s renewable energy goals for 2030.
The UAE is at the top of the list of Arab countries that produce the most electricity from solar energy, with solar plants producing 2.6 gigawatts of electricity.
Egypt is among the Arab countries that produce the most electricity from wind power at 1.6 gigawatts.
Egypt produces 1.9 gigawatts of electricity from solar power plants.
Egypt ’ s total electricity production from both places it at the top of the list of Arab countries with a production capacity of 3.5 gigawatts.
Thanks to its huge investments in solar electricity production, the UAE ranks second in wind and solar electricity production, followed by Morocco in third place with 1.9 GW and Jordan in fourth place with 1.7 GW.
While Egypt, the United Arab Emirates, Morocco and Jordan are the first Arab countries to initiate wind and solar power plants, Oman, Algeria and Kuwait are poised to follow suit, ranking first in expected solar and wind power production in the near future.
Here are the top Arab countries in terms of the current operation of solar and wind energy on the scale of utilities and the capacity of wind and solar energy expected to be produced at the level of each country in the Arab region.

The UAE produces 2.6 gigawatts of solar electricity, while Egypt produces 1.9 gigawatts of solar electricity and 1.6 gigawatts of wind electricity, with the UAE ranking second in wind and solar production.

Egypt's National Initiative for Green Projects addresses climate change, and the country presides over the Conference of the Parties to Climate Change (COP27), with a focus on renewable energy as key to sustainable economic growth.

Title:

Content: Wednesday 10 May 2023
Chairman of the Board of Directors and Editors
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
Chairman of the Board of Directors and Editorial Board
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
ECONOMY
Hisham Badr: The National Initiative for Green Projects contributes to solving the problems of climate change
Opening of the Middle East and North Africa Solar Show 2023
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Ambassador Hisham Badr, General Coordinator of the National Initiative for Smart Green Projects and Chairman of the Organizing Committee, participated in the opening of the Middle East and North Africa Solar Show 2023, which will be held on 9 and 10 May, one of the leading exhibitions in the region for renewable energy.
During his speech at the opening session, Ambassador Hisham Badr stressed that solar energy has always been valued by Egyptians, as the sun is part of the culture and a symbol of faith, in addition to its great value in architecture, noting that the follow-up of climate change has become a top priority around the world.
Ambassador Hisham Badr stressed that the energy sector and the efficiency of its management play an important role in achieving sustainable development in all countries of the world, and that renewable energy is an integral part of sustainable economic growth, praising the participation of Egyptian, Arab and international companies in Solar Middle East 2023 in order to inform partners in the field of renewable energy and to promote experiences of using solar energy in green projects.
The General Coordinator of the National Initiative for Smart Green Projects praised the country ’ s efforts in the climate change file, which comes within the framework of Egypt ’ s current presidency of the Conference of the Parties to Climate Change (COP27), and that Egypt intends to present the results of these efforts at COP28.
Ambassador Hisham Badr said that the national initiative for smart green projects is an unprecedented initiative nationally and internationally supported and sponsored by the President of the Republic, which focuses on the implementation and application on the ground, and emphasizes the seriousness of dealing with the environmental dimension and climate changes, within the framework of achieving the goals of sustainable development and digital transformation.
Bader added that the submission of projects to the initiative in its six different categories is open to all Egyptians to submit green and smart projects, which was not witnessed by any other developing or developed country to open the application of one of its initiatives to more than 100 million people.
Ambassador Hisham Bader pointed out that Amina Mohammed, Deputy Secretary-General of the United Nations, praised the great success achieved by the National Initiative for Smart Green Projects and that it is one of the most successful initiatives in this field, pointing out that the initiative in its first session offers more than 6000 projects representing all governorates, 162 projects were selected from each governorate. The winners were honored at a national conference in the presence of the Prime Minister, and the initiative was keen to present these projects at the COP27 Climate Conference, in addition to receiving the support of institutions and entities, cash prizes and national and international recognition for providing solutions to the problems of climate change.
Ambassador Hisham Bader explained that the second round of the initiative was launched and opened the door to apply for it on the website www.sgg.eg on April 1, and projects are being received on the different categories, pointing out that among those categories are development projects related to women, climate change and sustainability, which are presented in the first round about 1000 green and smart projects, pointing out that the winners in the second round will participate in the COP28.
The General Coordinator of the initiative stressed that requests have been received from a number of countries to transfer and apply the lessons learned from this initiative in their countries, which represents a real implementation of the Conference of the Parties on the ground, stressing that the use of solar energy and renewable energy will make a better future for future generations.
During the conference, Ambassador Hisham Badr participated in the launch of an expansion of one of the winning projects of the first cycle of the initiative represented by Injazat Misr Company.
It is worth mentioning that two of the winning projects in the first cycle of the National Initiative for Smart Green Projects participated in the conference: Injazat and Nornation.

The National Initiative for Smart Green Projects has six categories, and over 6000 projects were submitted in the initiative's first session, with 162 projects selected and honored at a national conference.

Egypt has seen remarkable solar energy growth driven by high demand, with the country aiming to reach 42% of renewable energy by 2030, and the global cumulative PV capacity growing to 1.6 terawatts in 2023.

Egypt has introduced a tax investment incentive of 33-50% for green hydrogen projects, and has exempted equipment and raw materials for these projects from value-added tax.

Title:

Content: Wednesday 27 December 2023
Chairman of the Board of Directors and Editors
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
Chairman of the Board of Directors and Editorial Board
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
Portal of Parliament
Parliamentary: Green hydrogen law incentives put Egypt at the forefront of countries attracting investment
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MP Hassan Ammar, a member of the House of Representatives, said that the draft law submitted by the government on incentives for green hydrogen projects and derivatives, which is expected to be discussed during the next plenary sessions of the House, is consistent with the presidential directives to implement the national strategy for green hydrogen so that Egypt becomes one of the leading countries in the world economy.
He added that the incentives included in the draft law, including granting projects subject to the law a cash investment incentive of not less than 33% and not more than 50% of the value of the tax paid, and the exemption of equipment, tools and raw materials from the value added tax necessary for projects, heralds a promising shift that increases the chances of attracting global investments on green energy and its development, and increase global competitiveness. It heralds the opening of investors ’ appetite for the business environment in Egypt.
He added that the draft law is important in light of the state ’ s attention to the manufacture of green fuel and ammonia to meet the needs of factories at home, in addition to the start of the Suez Canal economic zone in its ports in supplying ships with green fuel. This will create more jobs, which will create more jobs.
Ammar explained that these steps are consistent with the signing of 23 memorandums of understanding in the field of production of green hydrogen and its derivatives, and the opening of the first green hydrogen plant in November 2022, which is targeted to produce 100 megawatts. Endorse and seek to strengthen economic relations with the BRICS countries and other countries in this field.

The Egyptian government has signed 23 memorandums for the production of green hydrogen and its derivatives, with the aim of creating jobs in the manufacturing sector.

Egypt has set a target of producing 100 megawatts of energy from its first green hydrogen plant, and plans to become a leading country in the global economy.

The government of Egypt has launched incentives for private sector investment in green projects, and has prioritized public-private partnerships for the development of renewable energy.

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Content: ECONOMY
Government launches incentives to stimulate private investment in green sectors
Thank you for reading the news about the government launching incentives to stimulate private investment in green sectors and now with the details of the news
The Egyptian government is committed to building an attractive investment climate to encourage more private investment, especially in green sectors and activities, as the government has put in place a wide range of legislative and institutional reforms, such as investment and bankruptcy laws, as well as amending the PPP law, to expand the scope of projects in which the private sector can participate.
To stimulate private investment in green sectors, such as renewable energy, waste management and clean transport, the government has prioritized pushing public-private partnerships mainly through Egypt ’ s sovereign fund, which was established as a reliable mechanism for the government to engage in investment with local and foreign partners.
The government is taking serious and ambitious steps to address the prevailing financing challenges, which hinder investment in recovery, climate action and the achievement of the Sustainable Development Goals in Africa, as well as the importance of increasing financial flows to Africa through collective action by all parties, with the participation of the private sector.
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Egypt has huge potential for wind energy and has introduced tax incentives for renewable energy projects, including net metering and a nutrition tariff.

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Content: Chairman of the Board of Directors and Editors
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Mohamad Elbaz
Editor-in-Chief
Wael Lotfy
Chairman of the Board of Directors and Editors
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Mohamad Elbaz
Editor-in-Chief
Wael Lotfy
African magazine: Egypt has huge potential for renewable energy
The African magazine ESI Africa, which specializes in energy news, said that Egypt is ready to meet its 2035 wind energy target and has a huge potential for renewable energy.
The magazine added that the Egyptian government has put a number of measures in place to encourage the use of renewable energy sources.
To meet the rapidly growing demand for energy, the Egyptian government has pursued an energy diversification strategy known as the Integrated Sustainable Energy Strategy, which aims to maintain the security and stability of the country ’ s energy supply.
Of the renewable energy target of 42%, the strategy planned wind power to compensate for 12% - the rest comes from small solar and hydro projects, to achieve these goals, the country has worked to increase its capacity for wind energy rapidly.
Egypt is known to have some of the best wind power sources in the world on the eastern and western banks of the Nile, as well as in the Gulf of Suez, and with high wind speeds of up to 9-10 meters per second, and strong investments in this area, GlobalData estimates that the country should easily achieve its wind power target.
Wind power is expected to account for 12.2% of total annual generation in 2035.
Due to the climate, the country ’ s solar energy potential is also high, and the Ministry of Electricity and Renewable Energy (MoERE) has introduced a Net Metering and Nutrition (FiT) tariff, and tax incentives to boost renewable energy generation.
The African magazine ESI Africa, which specializes in energy news, said that the Egyptian government is taking concrete steps to enhance energy security and preserve the country ’ s natural resources in light of the escalating changes taking place in the world, confirming its readiness to host the World Climate Conference “COP 27 ” scheduled to be held in Sharm El-Sheikh in November this year.
In this regard, Egypt signed an agreement with Saudi Arabia to build the largest wind power plant in the Middle East, with investments of $1.5 billion.

The country has signed a $1.5 billion deal for the construction of a wind power plant, and plans to host the World Climate Conference COP 27.

Iraq has invested in renewable energy as part of its efforts to address climate challenges, and has formulated policies to accelerate the transition to renewable energy.

Title:

Content: Sudan confirms government ’ s interest in investing in renewable energy
Sunday 28 May 2023 - 02: 06 GMT
The Prime Minister of Iraq, Mohammed Shiaa al-Sudani, on Sunday, the interest of the government and its continued orientation towards investment in renewable energy and its fields.
World - Iraq
The Information Office of the Prime Minister said that "Prime Minister Mohammed Shiaa al-Sudani received the delegation of the International Renewable Energy Agency (IRENA), headed by the Director of the Regional Program for the Middle East and North Africa at the Agency Zuhair Hamdi."
During the meeting, the Prime Minister stressed "the government's interest and continued orientation towards investing in renewable energy and its fields, given its importance in the current and future energy system, in order to face the climate challenges that threaten the environment in most countries of the world."
He explained that "the government will spare no effort in the process of formulating the policies and legislation required to accelerate the transition towards renewable energy, especially with the availability of large capacities and capabilities available in this field."
"The government has put combating desertification and climate change and moving towards renewable energy at the top of the priorities of its ministerial program in the field of energy, which is one of the basics of its comprehensive reform approach for all vital sectors, in addition to the fact that this sector represents an important pillar to address the environmental, economic and social impacts of climate change through promising solutions and opportunities," he said.
He stressed Iraq's readiness to "cooperate with the IAEA, and benefit from its great expertise, in addition to the development of working programs."

The Iraqi government has cooperated with the International Renewable Energy Agency (IRENA) to develop its renewable energy sector, and has identified large capacities and capabilities for the development of renewable energy.

The Palestinian government has invited investors to participate in the construction and operation of solar power plants, with the aim of diversifying the country's energy sources.

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Content: Government announces its desire to establish solar power plants and invites investors to apply
Ramallah - Dunia Al Watan
The Palestinian government, through the Palestinian Energy and Natural Resources Authority, has announced its desire to establish medium-capacity solar power plants through local newspapers and media.
The government has invited investors interested in renewable energy projects to submit expressions of interest on the basis of design, financing, construction, operation and transfer (BOT) for the construction of solar power plants, and also offers local and international independent power producers the opportunity to participate in competitive bids, to enter into solar power purchase agreements with capacities ranging from 3-10 MW per plant and a total capacity of 93 MW in the West Bank.
The announcement comes in implementation of the decision of the Council of Ministers, after completing studies and reviewing international experiences in this field, and the project is at the heart of the government's strategy to gradually break away from the occupation and diversify sources of energy access.

The government of Palestine has offered a build-operate-transfer (BOT) basis for the construction and operation of solar power plants, with a total capacity of 93 megawatts in the West Bank.

Egypt has signed $83 billion worth of renewable energy agreements with investors, and aims to achieve 100 gigawatts of renewable energy capacity within the next 10 years.

The country plans to increase its renewable energy capacity to 61 gigawatts by 2035, with the goal of achieving 42% of its electricity supply from renewable sources.

Egypt's central bank has guaranteed financing loans for renewable energy projects, and the country's renewable energy production capacity is expected to grow by 68% over the next five years.

The Egyptian government has offered incentives to boost the country's renewable energy capacity, including the construction of the largest solar and wind power plants in the world.

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Content: Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Editor-in-Chief
Wael Lotfy
Chairman of the Board of Directors and Editors
I'm sorry.
Mohamad Elbaz
Editor-in-Chief
Wael Lotfy
Al-Monitor: Egypt has incentives to boost its renewable energy capacity
Al-Monitor valued the joint energy projects between Egypt and the UAE, noting that Egypt has incentives to boost its renewable energy capacity and already has the largest solar and wind power plants.
Dubai-based Emma Power has completed the recently announced solar and wind projects in Egypt, and the company said in a press release that each project will provide 500 megawatts of energy with a total investment of $1.1 billion.
The wind farm will be located in the Red Sea governorate, while the solar power plant in Aswan governorate, which houses the dam of the same name, struck the original deal with the Egyptian government earlier this month.
The project is funded by a variety of entities, including the International Finance Corporation (IFC) and several Japanese banks.
Amia Power, a Dubai-based renewable energy company, has secured $750 million in funding for a solar power plant and wind farm in Egypt, announcing it will consider an initial public offering in the next three years.
Chairman of the Board of Directors, Hussein Al Nowais, said in an interview: Listing is one option, merging with another organization is the second option, and alliance with a major global player, the third option at this stage, we intend to continue to grow.
Egypt is of great interest to clean energy investors, many of whom see it as a prime location for building wind and solar farms and green hydrogen plants.
Egypt hosted this month ’ s COP27 climate summit, during which it announced the construction of an $11 billion wind farm, one of the largest in the world.
The EMEA wind plant, in which Japan ’ s Sumitomo will hold a 40% stake, is located in Ras Gharib on the Red Sea.
The solar power project will be in Abydos on the Nile.

The government of Lebanon aims to achieve 30% of its energy from renewable sources by 2030, and has implemented 1500 megawatts of solar projects.

Lebanon has planned 11 solar plants with a capacity of 165 megawatts, and aims to achieve 3000 megawatts

Lebanon has planned 11 solar plants with a capacity of 165 megawatts, and aims to achieve 3000 megawatts

Lebanon has planned 11 solar plants with a capacity of 165 megawatts, and aims to achieve 3000 megawatts