OQ Alternative Energy (OQAE), a division of OQ Group, is advancing a portfolio of clean energy projects in Oman, with a total capacity exceeding 7 gigawatts (GW). This initiative has been recognized by the Ministry of Energy and Minerals, designating OQAE as a National Champion in the renewable energy sector. Muhannad al Kiyumi, the Head...
Dubai’s energy demand has risen by 5.4% in 2024 compared to the previous year, according to an announcement from the Dubai Electricity and Water Authority (DEWA). The total energy demand for 2024 reached 59.5 gigawatt hours (GWh), an increase from 56.5 GWh in 2023. Saeed Mohammed Al Tayer, the Managing Director and CEO of DEWA,...
In April 2025, the Dubai energy and Water Authority (DEWA) will begin sending energy out of the country from its new hydroelectric power plant in Hatta. This project comes after the facility passed its first operating tests, which began in January 2025. The news was shared by Saeed Mohammed Al Tayer, the Managing Director and...
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,...
Emirates Water and Electricity Company (EWEC) has issued a request for proposal (RfP) for the establishment of the 140 MW Al Sila wind power project in Abu Dhabi, United Arab Emirates. This RfP was sent to 16 companies and consortiums that qualified during the expression of interest round conducted in October 2024. Responses to the...
Dubai Electricity and Water Authority (DEWA) has announced its record-breaking financial results for 2024, reporting an annual revenue of AED 30.98 billion and an EBITDA of AED 15.70 billion. Net profit after tax stood at AED 7.24 billion. The quarterly results for Q4 2024 also reflected strong performance, with revenues reaching AED 7.45 billion and...
PowerChina is reaffirming its commitment to expanding operations and increasing investments in the renewable energy sector within the Gulf region. Jin Huibin, the Country Representative and Commercial Manager of PowerChina, emphasized that the Middle East, particularly the Gulf countries, offers numerous large-scale projects and significant investment opportunities. His statements were made during the World Future...
Masdar, a prominent player in the clean energy sector, has set an ambitious goal of achieving 100 gigawatts (GW) of clean energy capacity worldwide by 2030. Fatima Al Suwaidi, who leads Development & Investment for the Asia-Pacific region at Masdar, mentioning this commitment during the Abu Dhabi Sustainability Week 2025. Al Suwaidi stated that this...
The UAE’s Ministry of Energy and Infrastructure (MoEI) and Uruguay’s Ministry of Industry, Energy, and Mining have formalized their collaboration by signing a Memorandum of Cooperation. This agreement was made during the Abu Dhabi Sustainability Week 2025, marking a significant step towards enhancing bilateral relations in the energy sector. The memorandum was signed by Nawal...
The World Future Energy Summit 2025, a premier event focused on clean energy and sustainability, is currently underway at the Abu Dhabi National Exhibition Centre (ADNEC). Hosted by Masdar, the summit runs from January 14 to January 16, aligning with Abu Dhabi Sustainability Week. It promises high-level debates, innovative product showcases, and opportunities aimed at...