Oman has signed 10 agreements and memoranda of understanding to establish new projects with an investment value of RO2.9 billion ($7.54 billion) in the Duqm Special Economic Zone, said an Oman News Agency post in X platform.
Malaysia is expected to surpass its 2040 National Energy Policy renewable energy target of 18.43GW by 2031, supported by large-scale solar projects, strong policies, financing access, and improved grid and storage capabilities, says GlobalData.
Red Sea Global, the Saudi developer behind the key tourism destinations The Red Sea and Amaala, said it has secured an independent third-party verification from DNV confirming that the company avoided 117,879 tonnes of carbon dioxide (tCO₂e) in 2024 through its renewable energy operations.
Emirates Water and Electricity Company (Ewec) has entered into a strategic collaboration framework agreement with Abu Dhabi Future Energy Company (Masdar) to set up a roadmap for the accelerated deployment of utility-scale renewable energy projects.
Abu Dhabi's Al Dhafra Round-The-Clock project by Masdar that combines solar with a massive amount of battery capacity is a global blueprint for the continuous and reliable supply of renewable energy, said the Director-General of the International Renewable Energy Agency (IRENA).
Indonesian President urged ASEAN nations to expand renewable energy projects and strengthen regional energy resilience, highlighting Southeast Asia’s vast solar, wind and hydropower potential alongside Indonesia’s plans to build 100 GW of solar capacity.
The installed renewable energy capacity has exceeded 7.7 gigawatts (GW), with projects under development expected to raise total capacity to more than 23 GW by 2031, a WAM news agency report said.
A programme on sustainability and renewable energy has begun in the Wilayat of Sohar, in the Governorate of North Al Batinah, Oman. The programme is organised by the Youth Centre and SOHAR Port and Freezone. It aims to equip over 50 young Omanis, aged 25–34, with essential skills for the global energy transition.
Masdar marks 20 years as a global renewable energy leader, becoming one of the world’s largest developers with over 65GW capacity and targeting 100GW by 2030.
Global OTEC, a pioneer in Ocean Thermal Energy Conversion (OTEC), has completed the offshore installation of a floating platform prototype in the Canary Islands, marking a step toward commercialising ocean-based renewable energy.