Towards Energy Independence: Kahramaa Reveals Qatar’s Renewable Energy Strategy
Qatar’s General Electricity and Water Corporation, known as “Kahramaa,” has unveiled the Qatar National Renewable Energy Strategy (QNRES) in collaboration with 22 key energy stakeholders in the country. This initiative reflects Kahramaa’s commitment to advancing renewable energy practices and developing related policies and strategies to support Qatar’s sustainable future as outlined in Qatar National Vision 2030 and the Third Qatar National Development Strategy 2024-2030. The QNRES aims to boost the utilization and diversification of renewable energy sources, particularly solar energy, in Qatar’s energy mix, leveraging the country’s abundant solar resources. It sets a target to increase large-scale renewable power generation to approximately 4 GW by 2030, along with recommending the installation of distributed solar generation of up to 200 MW by the same year. This distributed capacity will enable localized power generation, reducing strain on the centralized grid infrastructure and enhancing energy resilience.
Actis and Fortescue Consortium to Develop Green Hydrogen Project in Oman
In a significant development for Oman’s green energy sector, a consortium comprising Actis and Fortescue has been awarded the rights to develop, build, own, and operate a large green hydrogen project in the country. The announcement was made during a signing ceremony held in Muscat by Hydrogen Oman SPC (Hydrom), an independent entity established by the Omani government to drive the nation’s green hydrogen strategy. The consortium emerged as the winning bidder in the second round of a green hydrogen tender process, securing exclusive rights to a prime site designated for the project’s development. Currently in the feasibility stage, the project is expected to involve the construction of approximately 4.5GW of wind and solar renewable energy resources. These resources will power electrolyzers capable of producing up to 200,000 tonnes of green hydrogen annually.
Saudi Arabia And Mauritania Collaborate On Renewable Energy And Clean Hydrogen Initiatives
Saudi Arabia and Mauritania have entered a framework agreement with the goal of investigating potential opportunities and facilitating the exchange of expertise in the fields of electricity, renewable energy, and clean hydrogen. This agreement, formalized during the recent World Economic Forum Special Meeting in Riyadh, was signed by Saudi Energy Minister Prince Abdulaziz bin Salman and Mauritania’s Minister of Petroleum, Mines, and Energy, Nany Ould Chrougha. The memorandum of understanding (MoU) outlines plans to encourage the sharing of knowledge and the identification of collaboration prospects in renewable energy sectors such as solar, wind, waste-to-energy, and geothermal energy. Additionally, the agreement emphasizes initiatives to enhance the reliability and security of the electricity system through various developmental efforts.
DEWA And Shanghai Electric Forge Strategic Partnership For Clean Energy Advancement
Dubai Electricity and Water Authority (DEWA) recently welcomed a prestigious delegation from Shanghai Electric, led by Wu Lei, Chairman of Shanghai Electric. The meeting aimed to bolster cooperation and propel clean and renewable energy initiatives forward. It underscored international interest in DEWA’s clean energy projects and initiatives, showcasing a mutual commitment to forging strategic partnerships for innovation and advancement in the clean energy sector. Saeed Mohammed Al Tayer, MD & CEO of DEWA, kicked off the meeting by extending a warm welcome to the visiting delegation, stressing the significance of fortifying collaborative ties with Shanghai Electric Group. DEWA has established strategic partnerships with prominent Chinese companies specializing in renewable and clean energy, as well as digital transformation.
EDF Group, J-POWER, and Yamna Consortium Awarded Land Block for Green Ammonia Project in Oman
In a significant development for Oman’s green energy ambitions, a consortium comprising EDF Group, J-POWER, and Yamna has been granted a land block by Hydrogen Oman SPC (Hydrom) to develop a large-scale green ammonia project. Covering an area of 341 km2 in the Governorate of Dhofar, the project aims to have a capacity of producing 1 million tonnes of green ammonia per year. Leveraging Oman’s abundant renewable energy resources, the consortium plans to install approximately 4.5 GW of wind and solar capacity, along with battery storage and a state-of-the-art 2.5 GW electrolyser. The hydrogen produced will be utilized in an ammonia plant to be constructed in the Salalah Free Zone. The signing of the Project Development Agreement and Sub-Usufruct Agreement grants the consortium exclusive rights to develop, build, own, operate, and maintain the project for a period of 47 years.
Saudi Arabia And EU Forge Energy Cooperation At World Economic Forum
During the World Economic Forum held in Riyadh, HRH the Minister of Energy of Saudi Arabia, Abdulaziz bin Salman Al Saud, engaged in bilateral discussions with European Commissioner for Energy, Kadri Simson. The focus of their meetings revolved around enhancing energy and clean technology cooperation to fortify bilateral relations and advance the objectives set forth by the Paris Agreement and the outcomes of the UAE Consensus reached at COP28 in Dubai the previous year. Both HRH and the Commissioner underscored the shared determination between Saudi Arabia and the EU to expedite private investments in renewable energy. They also emphasized the importance of collaboration on electricity interconnection, integrating renewables into the grid, and fortifying electricity infrastructure, including initiatives such as demand side management (DSM), smart grid implementation, and grid resilience and security measures.
GPIC Marks Milestone with Inauguration of Solar Energy Project in Bahrain
In a significant move towards energy sustainability, GPIC’s Chairman of the Board of Directors, Engineer Kamal bin Ahmed Mohammed, officially inaugurated the company’s Solar Energy project. The project marks a crucial milestone in GPIC’s commitment to utilizing renewable energy sources, aimed at environmental preservation and pollution reduction. The project, part of GPIC’s broader strategy to diminish its carbon footprint and align with the Kingdom’s ambitions for carbon neutrality, involves the installation of solar panels atop the employee car park. Leveraging Bahrain’s favorable weather conditions, the initiative capitalizes on the abundant renewable energy resource available.
KOC Partners With KBR Consulting For Renewable Energy And Green Hydrogen Feasibility Study
Kuwait Oil Company (KOC) has embarked on a strategic partnership with KBR Consulting Company to conduct a comprehensive feasibility study on renewable energy and green hydrogen initiatives. This groundbreaking agreement underscores KOC’s commitment to advancing sustainable energy solutions and aligns with Kuwait Petroleum Corporation’s (KPC) ambitious energy transformation strategy. To inaugurate this transformative initiative, a coordination meeting was convened between the two entities to delineate the parameters and operational framework of the feasibility study. Present at the meeting were key stakeholders including Hamad Al-Zaabi, Manager of the Innovation & Technology Group; Mohammed Al-Oqab, Team Leader of Research and Technology Surface; Nasser Abu Taleb, Team Leader of PMC Management; Nahed Al-Hajeri, Team Leader of Projects Management (35); and Dr. Hussein Arab, Chief Consultant.
B.Grimm Power Acquires 40% Stake in ThreeEightSix Holdings Ltd., Expands Solar Portfolio in the Middle East
B.Grimm Power Public Company Limited (B.Grimm Power) has announced its acquisition of a 40% stake in ThreeEightSix Holdings Ltd., a company based in the United Arab Emirates (UAE). The investment, totaling USD 3.39 million, adds to B.Grimm Power’s renewable energy portfolio and marks its entry into the promising solar rooftop sector in the Middle East. ThreeEightSix Holdings Ltd. boasts a solar rooftop portfolio commitment of 33.7 megawatts (MW) spread across the UAE, Saudi Arabia, and Bahrain. Presently, five projects with a combined capacity of 4.1 MW are operational, while an additional ten projects with a total capacity of 29.6 MW are currently under development and construction. These projects are slated for commercial operation dates (COD) between 2024 and 2025.
Arctech Signs Land Lease Agreement with Saudi MODON, Strengthening Overseas Production
Arctech signed a land lease agreement with Saudi Arabia’s MODON regarding the construction of Arctech’s factory in Jeddah, marking a new phase for Arctech’s Saudi factory investment. The factory will cover around 97,00㎡. Upon completion, it will become Arctech’s second overseas production base, following Gujarat, India. Planned for manufacturing high-quality PV tracking systems with a 3GW capacity, it can supply PV projects in the Middle East market. Coupled with Arctech’s global supply chain, the localized production enables a 10GW local delivery capacity, bolstering supply chain resilience overseas.
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- Source: https://solarquarter.com/2024/05/04/week-in-middleeast-towards-energy-independence-kahramaa-reveals-qatars-renewable-energy-strategy-actis-and-fortescue-consortium-to-develop-green-hydrogen-project-in-oman-and-more/