Kasper Walet’s Post

Strengthening Regional Energy Ties: Saudi-Qatar Collaboration on Renewable Energy, Efficiency, and Future Transportation The Saudi-Qatari Investment, Energy, and Infrastructure Committee convened its second session in Riyadh today, aiming to bolster cooperation across multiple sectors. The session, an extension of the Saudi-Qatari Coordination Council, was co-chaired by Saudi Minister of Investment Khalid Al-Falih and Qatar Investment Authority CEO Mohammed Saif Al-Sowaidi. During the meeting, both sides expressed satisfaction with the committee’s progress, highlighting several initiatives and agreements, including plans to sign memoranda of understanding to further enhance bilateral ties. Emphasis was placed on maintaining continuous coordination to strengthen investment collaboration in diverse fields. Key discussions focused on expanding investment partnerships, fostering entrepreneurship, and promoting […] Read the full story here: https://lnkd.in/d9MxCpSU #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #energyefficiency #energysector #investment #middleeast #renewableenergy

Solomon Islands Secures $35 Million for Renewable Energy Expansion The Asian Development Bank (ADB) and the Government of Solomon Islands have unveiled a groundbreaking #renewableEnergyInitiative designed to diminish the country's reliance on fossil fuels and advance #sustainableenergy production. This ambitious project is backed by a $10 million concessional loan and a $5 million grant from ADB, alongside contributions of $10 million each from the Saudi Fund for Development (#SFD) and Solomon Power. #fund #renewableenergy #renewableEnergyInitiative #sustainableenergy #ADB #SolomonIslands https://lnkd.in/g4aZtgmJ

Solomon Islands Secures $35 Million for Renewable Energy Expansion The Asian Development Bank (ADB) and the Government of Solomon Islands have unveiled a groundbreaking #renewableEnergyInitiative designed to diminish the country's reliance on fossil fuels and advance #sustainableenergy production. This ambitious project is backed by a $10 million concessional loan and a $5 million grant from ADB, alongside contributions of $10 million each from the Saudi Fund for Development (#SFD) and Solomon Power. #fund #renewableenergy #renewableEnergyInitiative #sustainableenergy #ADB #SolomonIslands https://lnkd.in/g4aZtgmJ

Solomon Islands Secures $35 Million for Renewable Energy Expansion ♻ The Asian Development Bank (ADB) and the Government of Solomon Islands have unveiled a groundbreaking #renewableEnergyInitiative designed to diminish the country's reliance on fossil fuels and advance #sustainableenergy production. This ambitious project is backed by a $10 million concessional loan and a $5 million grant from ADB, alongside contributions of $10 million each from the Saudi Fund for Development (#SFD) and Solomon Power. #fund #renewableenergy #renewableEnergyInitiative #sustainableenergy #ADB #SolomonIslands https://lnkd.in/g4aZtgmJ

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 […] Read the full story here: https://lnkd.in/diyrB7vz #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #europe #europeancommission #middleeast #renewableenergy #saudiarabia

Exciting news from Tunisia as the European Bank for Reconstruction and Development (EBRD) steps in to finance the construction of a cutting-edge 10 MW solar plant in the Feriana region. This initiative underscores a significant stride towards sustainable energy in the region. The financing package, which includes a €3.9 million EBRD loan and additional concessional funding from Finland, highlights a strong commitment to climate action and renewable energy development. The project, spearheaded by European renewables developer Qair, promises to not only harness the abundant solar resources of Tunisia but also to stimulate economic growth and promote environmental sustainability. As the EBRD continues its impactful investments in Tunisia, this latest endeavor marks another milestone in the journey towards a greener, more resilient future. European developer reaches financial close on 10 MW of solar in Tunisia: https://lnkd.in/dwXyDAhd #RenewableEnergy #CleanEnergy #Sustainability #EnergyEfficiency

Saudi Arabia's $30B Savings with Renewable Energy Shift The Kingdom of Saudi Arabia is poised to save $30 billion annually by 2030 through its strategic shift to renewable energy. S&P Global highlights this transition as part of Saudi Arabia's commitment to 50% renewable electricity and net-zero emissions by 2060. The ambitious plan entails integrating 130 GW of renewable capacity over six years, with an estimated $86 billion in CapEx, financed through project schemes without burdening the government balance sheet. The 2024 Saudi Arabia Capital Markets Conference in Riyadh brought this insight to the fore, emphasizing the Kingdom's economic diversification and growth in non-oil sectors, in line with #Vision2030. For more insights into the Kingdom's energy and economic projections, read the full analysis on Saudi Business News, link in bio! #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #RenewableEnergy #Sustainability #EconomicGrowth #SAndPGlobal #EnergyTransition #NetZero #CapitalMarkets

https://lnkd.in/e8hfKiJ Power Reports Madagascar Madagascar, the Boundless Energy Island Technical and financial partners such as GIZ, UNIDO, the European Union, KFW and AfDB are working with the country’s authorities and the operators to operationalize this energy transition and participate in the harmonization of the sector. In addition, the World Bank and its partners, together with the government and local stakeholders, participate through the PAGOSE project in the restructuring of the governance of JIRAMA, the national water and electricity operator. International donors are more than ever committed to Madagascar's sustained development. #africanpowerplatform #africapowerplatform #energyaccess #PowerAfrica #PAYG #energy #cleanenergy #Africa #renewables #renewable #renewableenergy #electricity #electrification #minigrids #microgrids #offgrid #solar #wind #biomass #solarpower #solarenergy #windpower #windenergy #hydropower #hydroenergy #SE4ALL #SDG7 https://lnkd.in/e8hfKiJ

Egypt signs 4 agreements worth $33B to establish green ammonia projects in SCZone Egypt has secured agreements worth $33 billion for 4 green ammonia projects during the 2nd day of the Egypt-EU Investment Conference, highlighting the growing number of green ammonia projects in the Suez Canal Economic Zone (SCZone), with Prime Minister Mostafa Madbouly attending the signing of several agreements with European partners. The agreements, between the Sovereign Fund of Egypt (TSFE) and European developers, aim to bolster Egypt's renewable energy infrastructure, explained a cabinet statement on Sunday. Chairperson of the Sovereign Fund of Egypt, Ayman Soliman, emphasized the fund’s commitment to promoting Egypt as a regional green energy hub by partnering with international players in the renewable energy sector. The largest deal, worth $14 billion, involves British Petroleum (BP), Masdar, Hassan Allam Utilities, and Infinity Power Holding for a project at Sokhna Port. #egypt #eu #investment #expo Read more: https://lnkd.in/dszWmymT

The European Bank for Reconstruction and Development (EBRD) has announced a joint financing package of $275 million to support the establishment of Africa’s largest wind power plant in Egypt. The project, with a capacity of 1.1 GW, is part of the country’s commitment to expanding renewable energy and reducing carbon emissions under the NWFE program. #Egypt #Africa #MENA #Economy #Business