Chinese company to build Oman's first green hydrogen plant: What to know The plant in Duqm plans to produce 1 million metric tons of green hydrogen per year by 2030. China
UAE launches 25-year climate plan for Abu Dhabi: What to know The Abu Dhabi Climate Change Adaptation Plan sets out a road map to address the growing impacts of climate change through 2050. United Arab Emirates
UAE green energy giant Masdar invests in $6B UK wind farm: What to know A consortium of 24 international banks has raised $4.8 billion in financing for the British energy project. United Arab Emirates
Saudi renewables firm ACWA Power eyes major China expansion: What to know By 2030, ACWA Power aims to expand its global assets to around $250 billion, with China projected to contribute between $30 billion and $75 billion. Saudi Arabia
Elon Musk’s electric vehicle company Tesla hiring in Turkey The US electric vehicle maker already has a presence in Jordan and Israel and could soon launch in Turkey, where Musk has a good relationship with President Erdogan. Turkey
Saudi Arabia sends blue ammonia to South Korea Saudi-South Korean energy and economic cooperation is increasing. Other Gulf states are also exploring blue ammonia, and the energy source has both benefits and downsides. Legacy: Gulf
Israel earmarks residential rooftops for electricity production The new strategy of the Ministry of Energy includes encouraging residential buildings to install solar panels that would then be connected to the national electricity grid. Israel
PRO: Middle East climate tech startups to be hot investment in 2023 A handful of regional firms have received significant investments recently. By Al-Monitor Staff
Iran produces pickup truck in compliance with EU emission standards Khodro’s Foton Tunland complies with the European Union’s Euro VI emission standards for heavy vehicles. Iran
Egypt, US, Germany launch plan to reduce methane emissions The COP27 initiative seeks to accelerate Egypt's green energy transition. Egypt
Egypt reaps economic, political gains from COP27 Egypt has achieved several major deals as well as boosted its foreign policy by hosting COP27. Egypt
Israel, Jordan sign first environmental agreement at COP27 The environmental agreement signed yesterday between Israel and Jordan is the first such development ever between the two countries. Israel
GCC states focused on both oil, green energy at COP27 During the COP27 in Egypt, Gulf Cooperation Council states have focused on both oil and green energy in light of rising energy demand and the nations’ reliance on energy exports. Legacy: Gulf
Etihad launches initiative on sustainable aviation fuel to decarbonize flights Sustainable aviation fuel, which is sourced from biological materials, has great carbon reduction potential. However, airlines' reluctance to spend more on fuel is hampering its development, according to some observers. Legacy: Gulf
Saudi Aramco makes $7 billion investment in South Korea during crown prince’s visit Saudi Crown Prince Mohammed bin Salman is seeking to boost energy, defense and investment cooperation with Seoul during his trip. Legacy: Gulf
Saudi Arabia continues inroads into Africa with Guinea water project The Saudi Fund for Development’s grant to the West African country will also utilize solar power technology. Legacy: Gulf
