Historic $1.067 Billion Egypt-China Investment in SCZONE ;DEWA’s Al Rayan Masjid Achieves Historic LEED Zero Certification and More...
Egyptian Prime Minister Mostafa Madbouly witnessed a series of significant investment agreements on the sidelines of the Forum on China-Africa Cooperation (FOCAC) in Beijing. The agreements mark a substantial development for the Suez Canal Economic Zone (SCZONE), with a total investment surpassing $1 billion.
Dubai Electricity & Water Authority - DEWA has proudly announced that Al Rayan Masjid in Hatta has achieved a historic milestone by becoming the first mosque in the world to receive the prestigious LEED ZERO certification. This achievement underscores Dubai’s dedication to sustainability and innovation in architectural design.
The Iraqi Council of Ministers has approved a new initiative to install solar energy systems in homes across the country.The Prime Minister’s media office stated that “Prime Minister Mohammed Shia al-Sudani chaired a special meeting aimed at addressing the electricity situation, during which plans, programs, and solutions proposed by the Ministry of Electricity and relevant authorities were examined.”
MUFG EMEA and Doha Bank have successfully closed their inaugural Green Repo scheme in the Middle East and North Africa (MENA) region. This milestone marks the first Green Repo initiative for both institutions, utilizing green bonds as the underlying collateral.
Sungrow Power Supply Co., Ltd. , the global leading PV inverter and energy storage system provider, in collaboration with AMEA Power, one of the fastest-growing renewable energy companies in the region, recently hosted the 2024 Photovoltaic and Energy Storage Technology Seminar (Sungrow OSKA Day – PV&ESS Technical Seminar 2024) in Dubai, UAE. During the event, a long-term service agreement (LTSA) was signed for renewable energy projects for AMEA Power’s 500MW Abydos Solar PV Project in Egypt and the 70MW Sheikh Mohamed Bin Zayed Solar PV Project in Togo. The seminar brought together numerous technical experts and engineers from AMEA Power, Danway, and Sungrow to discuss cutting-edge technologies and challenges in the PV and ESS sectors.