Category: Energy

Home » Energy » Page 18
Saudi Arabia Ranks Among Top 10 Global Markets in Energy Storage
Post

Saudi Arabia Ranks Among Top 10 Global Markets in Energy Storage

Saudi Arabia has positioned itself as a leading player among the top ten global markets for energy storage. This development coincides with the launch of the Bisha Project, which has a capacity of 2000 megawatt-hours (MWh) and is recognized as one of the largest energy storage projects in the Middle East and Africa. The Kingdom,...

DMCC Report Projects Massive Surge in Demand for Critical Minerals Due to Digital and Energy Transition
Post

DMCC Report Projects Massive Surge in Demand for Critical Minerals Due to Digital and Energy Transition

A new report by the Dubai Multi Commodities Centre (DMCC) predicts that global demand for critical minerals such as lithium, cobalt, and nickel could surge by as much as 75 times the levels seen in 2020. This increase is anticipated to be driven by the urgent need for clean energy solutions, advancements in artificial intelligence,...

Dubai Energy Council Evaluates Progress in Carbon Emission Reduction
Post

Dubai Energy Council Evaluates Progress in Carbon Emission Reduction

The Dubai Supreme Council of Energy convened on Sunday under the leadership of Ahmed bin Saeed to review advancements in technologies aimed at reducing carbon emissions. This meeting was part of the UAE’s broader commitment to its Net Zero 2050 Strategy and the Dubai Carbon Abatement Strategy 2030. During the session, the Council addressed the...

Adnoc Drilling Plans to Secure $1 Billion Financing for Growth
Post

Adnoc Drilling Plans to Secure $1 Billion Financing for Growth

Adnoc Drilling Co., a subsidiary of the United Arab Emirates’ largest oil producer, plans to secure approximately $1 billion in financing this year. This funding will help the company refinance expiring debts and support investments and dividends, as Chief Financial Officer Youssef Salem detailed in an interview with Bloomberg Television. The company has around $750...

UAE Launches World's Largest 24-Hour Power Project Combining Solar and Battery Storage
Post

UAE Launches World’s Largest 24-Hour Power Project Combining Solar and Battery Storage

The UAE has officially launched what it claims is the world’s first and largest 24-hour power project that integrates solar photovoltaic technology with battery storage. This groundbreaking initiative aims to provide 1 gigawatt of baseload electricity. The announcement was made by Dr. Sultan Al Jaber, the Minister of Industry and Advanced Technology and chairman of...

DEWA and ABB Strengthen Cooperation for Smart Energy Solutions
Post

DEWA and ABB Strengthen Cooperation for Smart Energy Solutions

Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), met with Massimiliano Cifalitti, President of ABB’s Smart Power Division, at DEWA’s headquarters on February 5, 2025. This meeting is significant as it aims to enhance cooperation between DEWA and ABB, focusing on advancing smart energy solutions, digital transformation, and...

UAE’s Nuclear Authority Plans Major Projects for 2025
Post

UAE’s Nuclear Authority Plans Major Projects for 2025

The UAE’s Federal Authority for Nuclear Regulation (FANR) has announced plans to launch transformative projects in 2025, aligning with the national vision “We the UAE 2031” to make the country one of the safest in the world. These initiatives will focus on enhancing radiation safety, regulatory systems, and international cooperation. According to WAM (see also...

UAE Advances Nuclear Waste Management with New Licensing Strategy
Post

UAE Advances Nuclear Waste Management with New Licensing Strategy

The UAE’s Federal Authority for Nuclear Regulation (FANR) has granted a new licence to the Emirates Nuclear Energy Company (ENEC), enabling it to search nationwide for suitable locations to dispose of low-level nuclear waste. This move, announced during a press briefing highlighting FANR’s achievements in 2024 and plans for 2025, is part of the UAE’s...