Saudi Aramco CEO warns of 'painful awakening' as energy costs rise Amin Nasser said that green energy would not replace oil as demand for crude continues to grow, especially from the Global South. Saudi Arabia
Exclusive Saudi finance minister hints kingdom could meet 2030 renewables target early On Monday, the kingdom commissioned its largest battery energy storage system to its grid, with a capacity of 500 megawatts and the ability to store 2,000 megawatt hours of electricity. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Exclusive Global renewables surge forward despite Trump’s climate reversals, says IRENA chief Although Gulf countries are still heavily reliant on oil and gas, they are quickly moving toward a greener system, International Renewable Energy Agency head Francesco La Camera told Al-Monitor. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Gulf wealth funds propel Middle East deals in 2024 The Gulf region continued its trajectory toward becoming a global investment powerhouse as sovereign wealth funds fed capital into AI, clean energy, entertainment, sports, start-ups and tourism. Saudi Arabia
Analysis Despite green energy deal blitz, Middle Eastern climate efforts fell flat in 2024 By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Sunshine-rich Gulf slow to adapt solar, clean energy The share of renewables in Gulf states’ electricity generation is marginal, and the region still utilizes fossil-fuel driven power grids, but the potential for clean energy is substantial. Gulf
Iraq invests in clean energy Iraq is investing in clean energy to produce electricity, especially solar energy, which is almost available throughout the year in various regions of the country. Iraq
Intel: Iraq’s power crisis prompts resignation of electricity minister Scorching summer heat, coordinated attacks on power transmission towers and Tehran cutting its power supply to Baghdad have contributed to severe power shortages across the country. Iraq
As GCC turns 40, all eyes on post-oil era The GCC alliance hopes for greater future economic growth in the Gulf. Gulf
Israel advances shutdown of polluting petrochemical plants A paper published end of April by an interministerial committee recommends shutting down the petrochemical industries in Haifa Bay. Israel
Israeli drivers go electric The importation of 1,500 Tesla cars in May paints a picture of Israeli consumers eager to transition to electric vehicles. Israel
Israel's Hadera pioneers net-zero energy construction The town of Hadera has already constructed two net-zero energy buildings and promises to continue with more green, energy clean structures. Israel
Gulf states’ quest to find ‘new oil’ turns to hydrogen Unrivaled expertise in the energy industry and a growing global market for hydrogen is pushing Gulf oil exporters to invest in the global realignment toward cleaner energies. Originals
Egypt to begin project to convert sand into solar panels Egypt signed with a Chinese company a cooperation protocol to locally manufacture sand-to-cell photovoltaic solar panels, in the first such project in the region. Egypt
New solar park to ease Iraqi governorate's power shortage A solar energy park to be funded by the European Union is expected to help lessen Dohuk's daily power cuts in two years. Iraq
How this solar energy project will meet Palestinians’ electricity needs The Palestine Investment Fund is carrying out a project to build solar energy power stations in the Palestinian territories in order to meet electricity needs. Palestine
Palestine seeks to achieve energy independence Seeking to reduce its huge dependence on Israel, Palestine is set to establish waste-to-energy and solar power projects. Palestine
