Dubai: Saudi Arabia’s minister of energy Abdul Aziz Bin Salman, announces that the country is the leading producer of green and clean hydrogen and is prepared to export it worldwide during the…
Tag: green
World's first green energy island sails into cost storm
Vlissingen, Netherlands: At a shipyard on the North Sea, workers in luminiscent vests are building dozens of massive, hollow concrete boulders, each the size of an apartment block. These are to be…
Saudi Arabia’s PIF invests $10b in green hydrogen production
This investment is expected to expand in the coming years due to rising demand for hydrogen and a strong project pipeline. Some of the funding will be in partnership with Saudi Aramco….
Philippines ramps up renewables: $73.5 billion projects get green light
Amount: Over 3.7 trillion pesos (approximately $66 billion) in new renewable energy projects is planned. Green lane initiative: Green lane certificates granted to 126 projects, expediting their approval process, according the BOI’s…
Saudi Arabia jobs: Neom launches massive recruitment drive for green hydrogen company
Neom: Neom Green Hydrogen Company (NGHC), the company building the world’s largest green hydrogen plant at Oxagon, announced plans to launch a massive recruitment drive for its construction and operations phases. The…
Abu Dhabi’s Masdar raises $1 billion with second green bond; plans in place to raise $3 billion
Masdar also said there was a strong appetite from regional and international investors, with the order book peaking at $4.6 billion and an oversubscription of 4.6x. The allocation was finalised with an…
Abu Dhabi's Masdar to issue green bonds in renewables power push
The company, also known as Abu Dhabi Future Energy Co., had previously said it intended to issue as much as $1 billion of green bonds this year. Masdar completed its debut sale…
ADNOC and Japan Bank of International Cooperation sign $3 billion green financing agreement
The credit facility is part of JBIC’s Global Action for Reconciling Economic Growth and Environmental Preservation (GREEN) lending program and is partially supported by Japanese commercial banks. Khaled Al Zaabi, ADNOC Group…
UK's bp joins Masdar consortium planning green hydrogen project in Egypt
The consortium already has a Framework Agreement (FWA) with the Egyptian government to carry out a set of studies and activities to ‘evaluate the technical and commercial feasibility of the project’. The…
Cost of going green: Airline passengers face higher airfares under new emission rules
Lufthansa, Germany’s flag carrier, said Tuesday it would add an environmental charge of up to 72 euros (Dh282.3) to its fares, joining at least one European rival in doing so as the…