Middle East

The world faces a rising number of day-zero events when the taps will run dry and rainfall variability will be contributing force in global migration, according to a World Bank report.

In the discussion around climate policies, there has always been the question of what happens to the thousands of people employed by fossil fuel reliant sectors. Fossil fuel exporting nations are likely to feel impact on jobs if stronger climate policy is implemented. A new study published by One Earth journal suggests that working towards keeping global temperature rises below 2 degrees Celsius could create a global jobs boom for the energy sector, according to new research.

Countries in North Africa and the Middle East need urgent reform in their power and water sectors. Lebanon, Iraq and Algeria have seen an upsurge in protests to power outages, water shortages or in some cases, both.

Ecobank Transnational Incorporated (ETI), the Lomé based parent company of the Ecobank Group, announced that it has successfully raised $350 million tier two sustainability notes. This represents the first ever tier two sustainability notes by a financial institution in sub-Saharan Africa.

Innovative solar solutions are at the forefront of Orange’s initiative to avoid using generators that run on fossil fuels that emit CO2. This is in-line with their goal to reduce the company's carbon footprint to zero by 2040.

The latest data released by the Global Wind Energy Council (GWEC), Africa and the Middle East region installed 821MW of new wind power capacity in 2020, pushing total capacity in the region over 7GW.

Middle East and Africa power industry contracts dropped 3% in quarter three of 2020, with solar being the top tech area for investment in the energy sector.

Countries in the Middle East and Africa are using the introduction and improvement of net-metering schemes to support solar PV auctions and installations.

The MENA region aims to lower energy costs through renewables despite supply chain disruptions to the commercial model for privately financed power plants.

The development of a 500MWac solar PV power plant on the BOO basis is set to increase power supply in the Sultanate of Oman, Middle East.