Joint Study Agreement in line with Mubadala Energy’s strategy to play an active role in the energy transition by exploring investments in new energy sectors 14 November 2023 - PT Pertamina Geothermal Energy Tbk (PGE) (IDX: PGEO) announced its cooperation with Chevron New Energies International (Chevron) and Mubadala Energy to embark on a Joint Study Agreement (JSA) to explore the geothermal potential in Kotamobagu, North Sulawesi, Indonesia. The JSA was signed during President Joko Widodo’s visit to the United States and witnessed by the Deputy Coordinating Minister for Maritime & Investment Affairs, Jodi Mahardi , Ambassador of The Republic of Indonesia for United States of America, Rosan Roeslani, President Director & CEO PT Pertamina (Persero), Nicke Widyawati and Country Manager Chevron Indonesia, Wahyu ......read more

13th November 2023 – The Global Satellite Operators Association (GSOA) today released its Code of Conduct on Space Sustainability, calling on operators to implement responsible practices that mitigate the risk of in-orbit collision, minimize the threat of non-trackable debris, protect humans in space and limit effects on optical astronomy.    Satellite communications services provide essential connectivity that complements terrestrial networks and contributes to the delivery of universal service and coverage.  Satellite connectivity can significantly help reduce today’s digital divide, as the number of satellite broadband users is set to double to at least 500 million people by 2030.   “Satellites in all orbits deliver vital satellite connectivity and high throughput broadband services. ......read more

Joint Venture to create dedicated platform targeting global investments in technology-enabled oilfield and energy service companies  Innovative partnership underpins ADNOC Drilling’s market-leading position as an integrated drilling services provider, powering its growth and expansion strategy Partnership highlights Alpha Dhabi's dedication to diverse and innovative ventures  Strategic collaboration between two leading Abu Dhabi entities with complementary capabilities to accelerate domestic economic development and diversification Abu Dhabi, UAE – November 10, 2023: ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) and Alpha Dhabi Holding PJSC (‘’Alpha Dhabi’’) (ADX: ALPHADHABI) have agreed ......read more

New study by Danfoss shows roll-out of demand-side flexibility technology can achieve annual societal cost savings of €10.5 billion by 2030, and 7% savings on electricity bills for households Regional President at Danfoss Turkey, Middle East, and Africa, praises GCC's leading role in global green climate initiatives, stresses the need for energy efficiency solutions   A new analysis commissioned by Danfoss reveals that an ambitious but realistic roll out of demand-side flexibility technology in the EU and UK can save 40 million tons of CO2 emissions each year by 2030, more than Denmark’s domestic climate footprint. Additionally, the EU and UK can achieve an annual societal cost savings of €10.5 billion by 2030 and €15.5 billion by 2050. These savings already account for the majority of ......read more

Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions Dubai - October 31, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration, based in Seville, Spain, from Powin LLC (Powin), a top global energy storage system provider. The investment also marks the establishment of a strategic partnership with Powin, who maintains a significant ownership stake in eks Energy. As the world transitions to more renewable energy sources, the global demand for battery energy storage systems (BESS) continues ......read more

Dubai, UAE 26th Oct 2023: Emirates District Cooling Company (EMICOOL), a joint venture between Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) and Actis, a leading global investor in sustainable infrastructure has been recognized with the prestigious Platinum Award at the Global Environmental, Social, and Governance (ESG) Awards. The accolade celebrates EMICOOL's outstanding contributions to water conservation and sustainable practices within the community. Global ESG Awards, recognizes pioneers and celebrates companies at the forefront of fostering sustainable development and awards winners in categories aligned with the 17 UNSDGs. The key highlight of the award included EMICOOL’s water efficiency project that has made a profound and lasting impact, reiterating the ......read more

• In its first full year of operations, the venue eliminated 4,544 metric tons of CO2 emissions through its state-of-the-art solar panels project – coinciding with one of its busiest motorsport seasons.   • Almost a quarter of Dubai Autodrome’s total solar energy was put back into Dubai's electricity grid, benefiting communities across the UAE.     Dubai, 25 October 2023: As part of its ongoing efforts to be a sustainable venue, Dubai Autodrome eliminated 4,544 metric tons of CO2 emissions through its solar panels project in the last 12 months, while almost a quarter of its total annual unused solar energy was put back into Dubai’s electricity grid to help serve the UAE’s communities.    The figure is the equivalent of the removal of 965 trucks from roads ......read more

• $3 billion investment globally, in manufacturing and engineering footprint, R&D and partnerships   • Workforce expansion with more than 8,000 people hired • 150 GW of HVDC links integrated into the power system by Hitachi Energy 　　　　　　　　　　　　　　　 Dubai - October 24, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has enabled more than 150-gigawatts (GW) of high-voltage direct current (HVDC) links around the world integrated into the power system – sufficient to meet the peak power demand for Japan. The announcement follows the delivery of the first power from Dogger Bank, the world's largest offshore wind ......read more

Agreement reinforces ADNOC Gas’ position as a global LNG export partner of choice   Agreement builds on the long-standing energy partnership between the UAE and Japan and underscores the Company’s growing global presence, particularly in the Asian LNG market  Latest agreement brings the total value of LNG supply deals since ADNOC Gas’ listing in March this year to between $9.4 billion and $12 billion    Abu Dhabi, UAE – October 17, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), a large-scale integrated gas processing company, today announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED1.8 billion) and $700 million (AED2.5 billion), ......read more

Abu Dhabi, UAE - 4 October: MMEC Mannesmann, the leading Emirati company specializing in the oil, gas, mining, and renewable energy sectors, has signed a Memorandum of Understanding (MoU) with Linde Group. This MoU outlines a collaborative framework between the two parties, focusing on providing innovative solutions and services that contribute to enhancing growth in the oil, gas, and renewable energy sectors in Abu Dhabi. The MoU was signed during MMEC Mannesmann's participation in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2023), in the presence of His Excellency Alexander Schonfelder, the Ambassador of the Federal Republic of Germany to the UAE. Eng. Anas Al Juaidi, CEO of MMEC Mannesmann, and Mr. Steffen Richter, Head of Cluster Middle East and Türkiye at Linde Group, and several officials and ......read more

Company also signs Abu Dhabi Mangrove Initiative Pledge, launched by the Environment Agency – Abu Dhabi to support a range of mangrove and blue carbon conservation initiatives. Abu Dhabi – 3 October, 2023: Mubadala Energy, the Abu Dhabi-based international energy company, has announced a major commitment to enhancing the role of nature – based solutions by planting 100,000 mangroves a year until 2030. The company is one of the first to join forces with the Environment Agency -Abu Dhabi (EAD) and its Abu Dhabi Mangrove Initiative to accelerate conservation and research efforts around mangroves, supporting the UAE’s net zero goals and the Mangrove Alliance for Climate (MAC).  The ADMI Partner’s Pledge signed by Mubadala Energy establishes a framework to help conserve and restore mangroves and other ......read more

Company awards EPC contract for carbon capture units at the Habshan gas processing plant, part of ADNOC’s wider carbon management strategy Project to capture and permanently store up to 1.5 million tons of carbon dioxide per annum as ADNOC builds unique platform to connect sources of emissions and sequestration sites Over 65% of the contract value to flow back into the UAE’s economy through ADNOC’s ICV program Abu Dhabi, UAE – October 3, 2023: ADNOC Gas plc (“ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), a large-scale integrated gas processing company, announced today it has awarded a $615 million (AED2.26 billion) Engineering, Procurement and Construction (EPC) contract to Petrofac Emirates for constructing carbon capture ......read more

United Arab Emirates, 3 October 2023: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, announced today the company achieved zero heat-related illnesses for the second summer in a row. Heat-related illness is a hazard for anyone working outside in the UAE summer, and can be fatal if left untreated. EGA’s industrial processes generate additional heat, and must operate around the clock every day of the year. EGA has developed its system to combat heat-related illness over more than a decade. The company's annual ‘Beat the Heat’ programme is a comprehensive, summer-long effort across all EGA’s operations. Employees are trained to recognise early signs of heat stress in themselves and their colleagues, and are empowered and equipped to take ......read more

Largest distributed rooftop solar project in the Middle East with over 157,000 solar panels receives recognition for outstanding environmental sustainability efforts Dubai, UAE, October 3, 2023: DP World, a leading provider of global end-to-end supply chain solutions, was awarded Gold in the Environmental Sustainability Programme category at the Gulf Sustainability Awards 2023 in recognition of its dedication to enabling sustainable transformation through its Solar Power Programme.    DP World’s Solar Power Programme is the largest rooftop solar photovoltaic (PV) programme in the GCC, and the largest distributed rooftop solar project in the Middle East. The programme has seen the installation of over 157,000 solar panels across the expansive 57 square kilometres of the Jebel Ali Free Zone (Jafza) and Port Rashid on ......read more

• Pioneering the path with a robust focus on decarbonization and state-of-the-art technology.   27th Sep, 2023, Abu Dhabi, UAE - Kanoo Energy, Part of Kanoo Industrial & Energy, is all set to participate in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023. From October 2nd to 5th, at stand 12330 in hall 12 explore a realm of innovative technology solutions tailored for the Oil and gas and petrochemical sectors.   As the UAE gears up for COP28, there is an abundance of palpable energy in the air. Kanoo Energy is committed to its vision for cleaner skies, a robust economy, fortified energy security towards the energy trilemma, and a cascade of socio-economic benefits. Kanoo Energy, with its storied legacy of championing renewables and sustainability, stands at the forefront of ......read more

• Company’s dividend policy sets a minimum dividend of $700 million (AED2.57 billion) for full-year 2023, subject to shareholder approval    • Since its IPO in 2017, ADNOC Distribution has consistently delivered attractive shareholder returns and has paid a total of $3.7 billion (AED13.6 billion) in dividends   • The deadline for purchasing shares to qualify for interim dividend payment is 3 October 2023     Abu Dhabi, UAE – September 26, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, which is listed on the Abu Dhabi Securities Exchange (ADX), today announced the Board of Directors’ approval of an interim dividend of $350 million (AED1.285 billion) for the first six months of 2023, ......read more

Abu Dhabi, UAE – 22 September 2023: Reinforcing bilateral collaboration and strategic partnerships between the UAE and French energy companies was discussed during the 7th edition of the UAE-France Energy Days held on 13 September in Dubai and 14 September in Abu Dhabi 2023. In Abu Dhabi, the event was attended by senior officials from ADNOC’s upstream and downstream businesses, including Borouge. Other prominent energy players, such as Total Energies, Vinci Energies, and Fives Group, participated in the conference and presented cutting-edge engineering solutions covering a wide range of areas including renewable energies, industrial and environmental offerings, safety and maintenance, logistics, operational excellence, and training services, among others.    H.E. Nicolas Niemtchinow, French Ambassador to the ......read more

A global multi-stakeholder coalition highlights the urgency of action on the energy transition required from world leaders as they gather in New York with just 73 days to go until COP28   18 September 2023 | Companies and organizations representing a market value of more than $12 trillion, responsible for the majority of global renewable energy deployment and from all six populated continents have published an open letter to world leaders calling for a target to triple renewable energy capacity to 11,000GW by 2030 to be agreed at COP28 later this year.    The call for action comes from a diverse cross-section of stakeholders in the energy sector: international governmental organizations, producers, buyers, supply chain actors, civil society, environmental groups and youth. Around half of the signatories are based in ......read more

The significant step towards showcasing a resolute commitment to sustainability, while keeping Motul’s legacy of high-performance oils in the market, reduces carbon footprint significantly in the manufacturing process. Dubai - September 12th, 2023: Motul, one of the world’s leading companies specializing in the formulation, production, and distribution of high-tech engine oils, has announced the launch of its NGEN range of engine oil in the Middle East. Motul aims to tackle new challenges in the marketplace with this new engine oil that combines sustainability and high performance.  The NGEN range is made of bio-sourced and premium regenerated base oils for passenger hybrid cars and motorbikes, respectively. The lubricant range made from renewable, non-fossil sources limits Motul’s environmental impact and ......read more

Leaders at the G20 Summit Agree to Triple total Renewable Energy Capacity and Underscore Global Need for Over USD 4 Trillion of Annual Investments Until 2030   Abu Dhabi, UAE 11 September 2023 - G20 leaders agreed to accelerate efforts to triple global renewable energy capacity by 2030, aligning with recommendations from the International Renewable Energy Agency (IRENA) on how the world can move in line with the Paris Agreement targets.    In a declaration adopted on Saturday, the Group cites a joint report between IRENA and India's G20 Presidency, titled "Low-Cost Financing for Energy Transitions", which estimates a need for over USD 4 trillion in annual investments by 2030.   According to IRENA’s “World Energy Transitions Outlook 2023”, released earlier this year in June, the ......read more

•The bilingual survey targets all users and visitors of petrol stations across the UAE. •Comprehensive survey features nine sections, divided between two key aspects: awareness and commitment. Dubai, September 5, 2023 The Joint Committee for Security and Safety, represented by the Ministry of Energy and Infrastructure, the General Command of Civil Defense at the Ministry of Interior, and its strategic partners, has launched a comprehensive survey to measure the level of public awareness and compliance with security and safety protocols as part of the joint national awareness campaign for security and safety at gas stations 2023. The awareness campaign, which is set to run until September 25th, 2023, was carried out in partnership with prominent entities such as Emirates National Oil Company (ENOC), Abu Dhabi ......read more

Dubai, UAE – 30 August 2023 – Trina Solar, the leading global PV and smart energy total solution provider, has successfully powered a groundbreaking desalination plant in Jubail, Saudi Arabia, with its cutting-edge Vertex N 700W+ series solar PV modules. The photovoltaic power station, boasting a substantial installed capacity of 45.5 MW, was recently integrated into the grid through the expertise of SEPCOIII, a subsidiary of Power China. The Jubail 3A Independent Water Plant, located in the eastern city of Jubail, represents Saudi Arabia's pioneering leap into large-scale integrated water desalination bolstered by solar energy. This innovative project serves as a landmark in the country's sustainable energy journey, generating electricity to fulfill 20% of the plant's daily energy requirements. Notably, it is ......read more

Global power sector saved fuel costs of USD 520 billion last year thanks to renewables, says new IRENA report   Abu Dhabi, United Arab Emirates, 29 August 2023 – The fossil fuel price crisis has accelerated the competitiveness of renewable power. Around 86 per cent (187 gigawatts) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity. Renewable Power Generation Costs in 2022, published by the International Renewable Energy Agency (IRENA) today shows that the renewable power added in 2022 reduced the fuel bill of the electricity sector worldwide. New capacity added since 2000 reduced the electricity sector fuel bill in 2022 by at least USD 520 billion. In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up to ......read more

IRENA endorses UN resolution proclaiming 26th January as International Day of Clean Energy, calling it a meaningful step towards achieving a just and inclusive energy transition.   Abu Dhabi, United Arab Emirates, 25 August 2023 – Today, the United Nations General Assembly (UNGA) has adopted a resolution proclaiming the 26th January as the International Day of Clean Energy, the anniversary day of the founding of the International Renewable Energy Agency (IRENA) in 2009. By selecting the 26th January, the 193 Member States of the UNGA acknowledge IRENA’s leading role in accelerating the global, renewables-based energy transition.   Welcoming the UN resolution, IRENA Director-General Francesco La Camera said: “It is with much enthusiasm that I applaud the UN and its Member States, including the United ......read more

● First solution from partnership delivers comprehensive Energy Planning and  Trading data  ● Advanced data analytics, generative AI drives faster, more complete view of  energy information      Dubai: August 25, 2023 - Hitachi Energy, a global technology leader advancing a sustainable energy future for all, and Google Cloud have signed a strategic agreement to collaborate and co-create on multiple cloud software products and services designed to support the global energy transition. The first demonstration of the joint value of the relationship, Hitachi Energy’s Velocity Suite Power Prices, is now available on the Google Cloud Marketplace.     The launch of Velocity Suite Power Prices marks the first milestone in the Google Cloud and Hitachi Energy ......read more

Latest report covers key Environment, Social and Governance (ESG) priorities with notable enhancements on GHG emissions and energy intensity performance indicators. Abu Dhabi, 9th  August 2023:  Mubadala Energy, the Abu Dhabi-based international energy company, has today released its latest Sustainability Report. In a pivotal year for the company in which it launched a new strategy focused on expanding its business in low-carbon solutions supporting the energy transition, and unveiled a new name and brand, the company recorded substantial progress on key ESG priorities, guided by its sustainability strategy. Although 2022 saw unprecedented disruptions in the global energy industry, Mubadala Energy’s focus on embedding sustainability across its business resulted in its enhanced performance across several of its ......read more

Five large HVDC systems in Scotland will transmit wind power to the south, playing a key role in the UK’s energy transition Dubai, July 31, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by SSEN Transmission, part of the UK energy giant SSE plc, to supply multiple onshore high-voltage direct current (HVDC) converter stations to accelerate the integration of bulk renewables into the UK power grid. The agreement includes the deployment of up to five HVDC “power corridors,” or electricity transmission superhighways, to enable large amounts of future renewable power to be transported from northern Scotland to areas of higher consumption in the south. Each of these connection systems has a capacity of up to 2 gigawatts (GW) and a ......read more

Collaboration will focus on CCUS, in line with Mubadala Energy’s commitment to delivering its low carbon energy strategy Abu Dhabi– 25 July, 2023: Mubadala Energy, the Abu Dhabi-based international energy company, and Pertamina, the Indonesian state-owned integrated energy company, have entered into an agreement to discuss, explore and potentially engage in energy transition initiatives, primarily focused on carbon capture, utilization and storage (CCUS) applications in Indonesia.  In line with Mubadala Energy’s commitment to play an active role in the energy transition and explore new energy solutions including CCUS, the partnership will see both companies cooperate to conduct joint studies and, potentially, business development activities in this strategic area of carbon mitigation.  The agreement ......read more

Collaboration set to leverage expertise to accelerate decarbonization of Mubadala Energy’s portfolio in line with energy transition strategy, and explore growth in targeted new energy investments Announcement comes as the United Arab Emirates prepares to host COP28, and supports the country’s net-zero and sustainability commitments. Abu Dhabi – 17 July, 2023:  Mubadala Energy, the Abu Dhabi-based international energy company and the Abu Dhabi Future Energy Company (Masdar) have entered into an agreement to explore and potentially engage in opportunities relating to decarbonization and energy transition initiatives. The partnership will see both companies jointly explore collaborations that leverage Mubadala Energy’s deep technical capabilities across its operated and non-operated portfolio, ......read more

Advanced Technology Research Council, Department of Energy Join Forces to Resolve UAE’s Complex Water and Energy Challenges   Abu Dhabi-UAE: July 11, 2023 – Today, the Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s technology R&D ecosystem, along with its subsidiaries ASPIRE and the Technology Innovation Institute (TII), has joined forces with the Abu Dhabi Department of Energy (DoE) to launch the Water Security & Clean Energy Forum. This transformative initiative brings together government and private sector entities to address the pressing water and energy challenges faced by Abu Dhabi and the wider country.     In line with the UAE’s Year of Sustainability, the forum convened industry regulators, operators, scientists, ......read more

 IRENA’s World Energy Transitions Outlook calls for annual renewable power additions of 1,000 GW by 2030 to keep 1.5°C climate target within reach   Abu Dhabi, United Arab Emirates, 22 June 2023 – In the first volume of the World Energy Transitions Outlook (WETO) 2023 released today, the International Renewable Energy Agency (IRENA) identifies the way forward to immediately course correct the 1.5°C climate pathway. The report calls for raised global ambition in renewables deployment, enabled by physical infrastructure, policy, and regulations, and underlining institutional and workforce capabilities.   The WETO 2023: 1.5°C Pathway positions electrification and efficiency as key transition drivers, enabled by renewable energy, clean hydrogen, and sustainable biomass and tracks ......read more

Sechin also presented a roadmap for improving the efficiency of the Russian energy sector in the face of unprecedented external challenges Dubai, June 19, 2023 – An Energy Panel was held as part of the XXVI St Petersburg International Economic Forum and Rosneft's Chief Executive Director Igor Sechin gave the keynote speech at the event. In his report "Sodom and Gomorrah in the Energy Market: God's Wrath or Organized Chaos? Save Yourself if You Can", he presented an analysis of the energy transition and climate changes. He paid special attention to the volatility of the global financial and economic systems, the US banking crisis, and the declining role of the dollar as a reserve currency. Sechin also presented a roadmap for improving the efficiency of the Russian energy sector in the face of ......read more

HVDC link improves the security and quality of power in the region, advancing the integration of emission-free energy Dubai, June 19, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it won an order from Electricity Interconnection France-Spain (Inelfe), the joint venture bringing together operators of the Spanish (Red Eléctrica) and French (RTE) electricity transmission networks, in charge of the construction and commissioning of all cross-border connections between both countries, to supply four high-voltage direct current (HVDC) converter stations to interconnect France and Spain via a subsea cable across the Biscay Gulf. The Biscay Gulf interconnection, labeled as project of common interest (PCI) at the European level, will consist of two HVDC links, with a ......read more

- Unit 4 will now undergo national and international pre-operational assessments in preparation for receipt of Operating License and Fuel Load - The three commercially operating Units at Barakah, delivered in three consecutive years, are already generating more than 30TWh of zero-emission electricity all year round. - Unit 4 is the 4th and final unit to be added to deliver 25% of the UAE’s electricity – 24/7 - The Plant offers a clear solution for driving energy security and energy sustainability in parallel - The UAE Peaceful Nuclear Energy Program is an enabler for greater innovation in clean energy generation, including green molecules such as hydrogen and ammonia, as well as advanced technologies.     Abu Dhabi, UAE – 08 June 2023: The Emirates Nuclear Energy Corporation (ENEC) has ......read more

Abu Dhabi, UAE, 2 June 2023: Back in 2009 when the Emirates Nuclear Energy Corporation was formed, the UAE was without a single nuclear energy engineer. ENEC wasn’t concerned however, as it followed the UAE’s leading approach to developing the national talent, and with it the national intellect, it would need to ensure the sustainable success of its civil nuclear energy program. Fast forward to today and not only does the UAE Peaceful Nuclear Energy Program have hundreds of UAE Nationals with nuclear engineering degrees, but it has now added a further 39 certified UAE National nuclear operators to the 30 UAE National nuclear operators that have certified since 2020.  This has brought the total number of certified Senior Reactor Operators (SROs) and Reactor Operators ( Ros) in the country up to 193, 69 of whom are ......read more

Announcement of New Office and Warehouse opening in South Africa Dubai, United Arab Emirates – Trina Solar, the world's leading provider of PV and smart energy total solutions, has responded to the growing demand in South Africa by expanding its operations. With continuous investment in the South African market over the years, the company has recently opened a new office in Johannesburg and a warehouse in Cape Town. This expansion has fueled Trina Solar's unprecedented growth in the region, as evidenced by a record-breaking tripled solar PV module sales volume in 2023. Recognizing the market's potential, Trina Solar’s new office and warehouse aim to enhance the company's distribution network in South Africa. This addition, along with an existing warehouse in Durban, will allow the company to deliver ......read more

Representatives from 113 Countries and the European Union discuss steps to accelerate the energy transition pathway at IRENA’s 25th Council Meeting   United Arab Emirates, 23 May 2023 – The International Renewable Energy Agency (IRENA) convened Members in Abu Dhabi today for its twenty-fifth Council meeting to outline actionable steps to accelerate a just and inclusive energy transition, six months out from the 28th Climate Change Conference (COP28), which is hosted in the United Arab Emirates (UAE) this year.   IRENA’s biannual, two-day meeting, with Antigua and Barbuda serving as Chair and the United States of America as Vice-Chair, showcases how each Member is working to increase global renewable energy capacity, in the aftermath of ongoing energy and geo-political crises.   Speaking ahead of the ......read more

The SunZia Transmission Project, enabled by HVDC Light®, links New Mexico’s wind farms to Arizona’s grid, increasing renewable energy to the Western States.  SunZia Transmission will utilize the same corridor as the Western Spirit Transmission line, which was developed by Pattern Energy UAE, Dubai, May 14, 2023 – Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has been selected by Pattern Energy to supply its high-voltage direct current (HVDC) and other advanced technologies for the SunZia Transmission Project. It will connect the 3,500-megawatt (MW) SunZia Wind project in New Mexico to the power grid in Arizona and Southern California, which will be among the world’s largest transmission links delivering renewable energy. Hitachi Energy’s ......read more

MoIAT launches the “Technology for Climate Action” dialogues initiative ahead of COP28 to deep dive into key enabling climate technologies Policymakers, energy companies, academics, tech firms, industrial corporations and investors gather at UAE Climate Tech to address barriers to unlocking hydrogen economy as part of the first dialogue. Abu Dhabi, UAE. 11 May 2023 – Industry, technology and energy leaders gathered in Abu Dhabi  to address the major challenges facing the widescale adoption of green hydrogen and the growth of the hydrogen economy. The Ministry of Industry and Advanced Technology (MoIAT) hosted a dialogue session at the UAE Climate Tech forum, which took place on May 10-and11 in the run-up to COP28 in November. The forum convened 1,000 global policymakers, CEOs, experts, technology ......read more

 ENEC MD & CEO H.E. Mohamed Al Hammad, the president of WANO, visited its Shanghai branch office and received updates on their latest activities   Abu Dhabi, UAE – 7 May 2023: The Emirates Nuclear Energy Corporation (ENEC) has announced the signing of three Memorandums of Understanding (MoU) with the Nuclear Power Operations Research Institute, the China National Nuclear Corporation Overseas and the China Nuclear Energy Industry Corporation.  The signings of the MoUs were attended by His Excellency Mohamed Ibrahim Al Hammadi, Managing Director and Chief Executive Officer of ENEC. The MoUs with the Nuclear Power Operations Research Institute and the China National Nuclear Corporation Overseas were signed by Ahmed Al Mazrouei, Executive Director for Fuel Procurement and Analysis at ENEC and the Chinese ......read more

- The partnership aims to address global challenges, including the treatment of cancer cells and climate change   Dubai, UAE – 18 April 2023: UAE-based company MBM Holding signed a memorandum of understanding (MoU) with Portland Holdings Investco Limited, a Canadian investment company based in Ontario, to collaborate on co-investments and partnerships across various fields, including nuclear medicine, targeted radionuclide therapy (TRT), as well as nuclear and renewable energy. The MoU was signed by Saeed Al Mutawa, CEO of MBM Holding, and Michael Lee-Chin, President and Chairman of Portland Holdings.   As part of the collaboration, the two parties seek to address global challenges by adopting innovative solutions in health sciences and nuclear and clean energy, particularly for treating cancer cells and ......read more

Dubai, United Arab Emirates, 4 April 2023: South Energy, a leading energy provider, has announced the successful installation of solar panels across 10 buildings at Sakany, the first leasehold staff accommodation development at Dubai South, with a capacity of 933 kWp. 35% of the buildings’ consumption will be supplied by clean energy generated from the solar plant. The new initiative by South Energy aligns with its mandate to contribute to the government’s ongoing sustainability efforts, especially with 2023 being the ‘Year of Sustainability’ and the UAE hosting COP 28, the international climate convention held annually by the United Nations. South Energy, which is located at Dubai South, was established in 2017 as a key driver for sustainable development, supporting the Dubai Clean Energy Strategy. South ......read more

5-year partnership agreement will help power houses, C&I and utility projects in Yemen Dubai, UAE: 23 March 2023 - Trina Solar and Al-Raebi for Trading (Al-Raebi) signed a 5-year partnership agreement to supply 500MW of module shipments for the Yemeni market. Trina Solar will supply Al-Raebi with 100MW of its n-type i-TOPCon cell technology modules in 2023. The 5-year agreement will cater to the country’s increasing energy needs. With the advanced technology of i-TOPCon cells and 210mm module technology, cell efficiency and module power of the Vertex N series have been comprehensively upgraded, bringing module efficiency to as high as 22.4%, with power reaching 605W and 695W for residential, C&I PV applications and utility settings. Al-Raebi, Trina Solar’s authorized distributor in Yemen, will ensure that the ......read more

• 92 percent of business leaders surveyed believe that fluctuating energy costs and instability still pose a threat to business competitiveness • Impacts on the workforce include reductions in investment in recruitment, training, development, and salaries • Four out of five are also concerned about the security of energy supply, with over half highlighting the impact on their decarbonization goals    Dubai; 20th March 2023: Research shows that businesses around the world remain concerned about the impacts of energy security and prices, which could be a catalyst for a range of environmental, social and economic ripple effects. According to ABB Electrification’s Energy Insights survey1 of 2,300 leaders in 10 markets around the world, including the UAE, from small and large businesses across a ......read more

Dividend of AED 1.285 billion (10.285 fils per share) approved for H2 2022 to bring total 2022 dividend to AED 2.57 billion (20.57 fils per share) General Assembly also approves changes to the dividend policy setting 2023 at a minimum of AED 2.57 billion (20.57 fils per share) Following the successful completion of its acquisition in Egypt, ADNOC Distribution to rebrand flagship service stations with its first opening in Q3 2023 Company continues electric vehicle (EV) chargers roll-out in Q1 increasing to 36 charging points across UAE while building partnership with TAQA for E2GO Abu Dhabi, UAE – March 16, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest fuel and convenience retailer, announced today that its shareholders have approved all agenda items, including an amendment to ......read more

 Al Mansouri: COP 28’s success is an overall National responsibility that requires the participation and contribution of the government and private sectors, all of society, as well as cooperation with international partners. We extend an open invitation to all to join hands to make COP 28 a successful and distinguished event  Al Malek: The UAE follows a practical and realistic methodology to make a significant shift in the maritime sector and climate action  COP 28: The COP28 presidency is working, as directed by the wise leadership, to ensure that the event prioritizes practical results for everyone    Dubai, UAE 27 February 2023: In conjunction with the ‘UAE Innovates’ initiative and in preparation for the 28th Conference of the Parties to the UN Framework Convention on Climate ......read more

Fast-charging Grid-eMotion® Fleet will help the country progress towards its goal of net-zero emissions by 2050 Dubai, United Arab Emirates, February 21, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, has won an order from Admiral Global DMCC, a Dubai regional headquartered e-mobility and energy solutions provider for industries, to supply the first charging infrastructure for electric truck fleets in the United Arab Emirates (UAE). The scalable, grid-to-plug fast-charging solution will make it possible for fleets of commercial trucks in the middle-mile category to recharge simultaneously in a single location. The charging infrastructure, which is expected to be in operation by the end of 2023, will be used by multiple fleet operators that lease electric trucks from the ......read more

UAE’s largest fuel and convenience retailer reports Y-o-Y growth in EBITDA by 15% and Net Profit by 22%, with total fuel volumes increasing by 8% and commercial volumes up by 19% during 2022 ADNOC Distribution maintained growth momentum throughout Q4 2022 by opening 21 new UAE service stations, expanding local network beyond 500 sites mark Non-fuel retail transactions increased by 15% during 2022, driven by ongoing focus on customer-centric initiatives such as ADNOC Rewards  ADNOC Distribution has successfully renewed its supply agreement with ADNOC for a new 5-year term Board recommends dividend of AED 1.285 billion (10.285 fils per share) for H2 2022 Abu Dhabi, UAE – February 09, 2023: ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), UAE’s largest fuel and convenience retailer, which is ......read more

• Middle East Energy Outlook Forecasts Tapering Down of Regional Demand  • Region Set For Investment In Future-Proof Tech To Deliver Resilience & Cost Efficiencies   Dubai, UAE – 23 January 2023: The Middle East is now embracing a major energy sector transition towards a decentralised, decarbonised, and digitalised future with regional nations looking to improve energy security by reducing fossil fuel dependency, cutting CO2 emissions, and enhancing segment-related investment resilience, according to a new report.   Yet the sector outlook report, by consultants Frost & Sullivan, says though the region is currently investing in installed energy capacity at a rate of between 4.5%-4.8% annually, there could soon be a tapering down in demand. The report, commissioned by Middle East ......read more

Company to cut emissions, install solar panels at service stations and use biofuels to power its fleet of vehicles New sustainability milestones unveiled during Abu Dhabi Sustainability Week will future proof ADNOC Distribution’s business and deliver sustainable long-term shareholder value  ADNOC Distribution becomes first UAE fuel retailer to tap into sustainability linked financing with USD 1.5bn loan Abu Dhabi, UAE – 20, January 2023:  ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), announced plans, today, to reduce its carbon intensity by 25% by 2030, by putting sustainability at the core of its day-to-day operations to future-proof its business and deliver sustainable long-term shareholder value. Central to ADNOC Distribution’s enhanced sustainability drive is a commitment to ......read more