Category: Climate Action

Greenlogue/APTotalEnergies and Abu Dhabi Future Energy Company PJSC – Masdar have signed a binding agreement to create a $2.2 billion joint venture that will combine their onshore renewable energy activities across nine Asian markets, in a move that underlines how large energy groups are shifting capital towards power demand growth in the region. The partners said the new platform will be owned equally, based in Abu Dhabi and built around solar, wind and battery storage assets spread across markets

Greenlogue/APEnvironmental, social and governance investing is undergoing a marked transformation as regulatory scrutiny, political pushback and shifting market dynamics compel investors to recalibrate strategies once seen as central to sustainable finance.Assets tied to ESG-labelled funds have shown uneven growth across regions, reflecting a broader reassessment of how sustainability metrics are defined and applied. While global flows into ESG funds slowed compared with earlier peaks, institutional investors and asset managers continue to integrate environmental and governance considerations into core investment

Greenlogue/APEscalating conflict involving Iran has triggered sharp volatility across global energy markets, prompting a stark warning from the United Nations’ climate leadership that the turmoil exposes structural dependence on fossil fuels and reinforces the urgency of transitioning to cleaner energy systems.Simon Stiell, executive secretary of the United Nations Framework Convention on Climate Change, described the disruption as a clear demonstration of how geopolitical shocks tied to oil and gas can reverberate through economies worldwide. His remarks come as crude

Greenlogue/APThick clouds of smoke rising over fuel depots and refineries in Iran have triggered growing concern among scientists and public-health experts that the environmental impact of the ongoing US and Israeli military campaign could linger for decades. Fires sparked by strikes on energy infrastructure have released a complex mix of toxic pollutants into the atmosphere, raising fears of long-term contamination of air, soil and water across parts of the region.Airstrikes targeting oil storage facilities and fuel depots around Tehran

Greenlogue/APTotalEnergies has agreed to sell a 50 per cent stake in a large portfolio of battery energy storage projects in Germany to Allianz Global Investors, marking a significant investment in infrastructure designed to support the country’s transition toward a low-carbon electricity system.The agreement covers 11 utility-scale battery storage projects under construction across Germany with a combined capacity of about 789 megawatts and an energy storage capability of roughly 1,628 megawatt-hours. Once completed, the facilities are expected to be operational

Greenlogue/APMore than 40 manufacturing facilities have been awarded the Green Factory Seal by Bahrain’s Ministry of Industry and Commerce, marking a push to embed environmental standards and energy efficiency deeper into the kingdom’s industrial base.Officials said the certification recognises factories that meet benchmarks on resource conservation, waste reduction, emissions control and compliance with national environmental regulations. The scheme forms part of a broader strategy to align industrial growth with Bahrain’s climate commitments and long-term economic diversification plans.The ministry stated

Greenlogue/APSaudi Arabia’s National Water Company has confirmed the completion of two major infrastructure projects in the Qassim Region at a combined cost exceeding 48 million Saudi Riyals, marking a key step in upgrading water and sewage services for communities in the central province. The initiatives, executed under the company’s long-term expansion strategy, include extensive drinking water pipeline installations in Buraidah and comprehensive sewage network construction in Al-Rass Governorate, together set to benefit more than 20,000 residents.The first

Greenlogue/APSaudi Arabia has committed $2 billion to build two large-scale solar power plants in Turkey with a combined capacity of 2,000 megawatts, marking one of the biggest cross-border renewable energy investments announced between the two countries. The plan was confirmed by Turkey’s energy minister following high-level talks in Riyadh, underlining Ankara’s push to accelerate clean power deployment while drawing in long-term foreign capital.The agreement was signed during a visit by Recep Tayyip Erdogan to Saudi Arabia, where Turkey’s Energy

Greenlogue/APThe UAE Research Program for Rain Enhancement Science has named the recipients of its sixth cycle of grants, committing up to US$1.5 million to each selected project over three years as the country sharpens its focus on applied climate research and water security.The awards, announced by the UAE Research Program for Rain Enhancement Science, come with a ceiling of US$550,000 per year for each project and are designed to move promising ideas from laboratory modelling to field-ready solutions. The

Greenlogue/APAbu Dhabi’s flagship Al Dhafra Solar Photovoltaic Independent Power Plant has secured long-term refinancing through a major green bond issuance worth US$870.75 million, underscoring the emirate’s ambition to anchor clean energy financing in global capital markets. The transaction was announced during Abu Dhabi Sustainability Week 2026 by a consortium led by Abu Dhabi National Energy Company PJSC, working alongside Emirates Water and Electricity Company, Abu Dhabi Future Energy Company, EDF power solutions and Jinko Power Technology Co. Ltd.The bond,

Greenlogue/APA consortium led by Abu Dhabi Future Energy Company Masdar has achieved financial close for Oman’s first utility-scale solar power project integrated with battery energy storage, marking a significant step in the Sultanate’s clean energy transition and long-term decarbonisation strategy. The project, located in the Wilayat of Manah in the Ad Dakhiliyah Governorate, is designed to supply enough electricity to power about 33,000 homes while avoiding roughly 505,000 tonnes of carbon dioxide emissions each year.The Manah 1 independent power

Greenlogue/APAbu Dhabi Future Energy Company PJSC – Masdar has signed a long-term power purchase agreement for a 150-megawatt solar photovoltaic project in Angola, marking its first contracted power deal in the country and extending the company’s African portfolio at a time when regional governments are accelerating grid expansion and energy diversification.The agreement covers the Quipungo Solar PV project, located in Angola’s southern region, and was executed with the state-owned transmission and offtake entity Rede Nacional de Transporte de Electricidade.

Greenlogue/APDhafrah PV2 Energy Company, the Abu Dhabi-based owner of the Al Dhafrah PV2 solar photovoltaic plant, has priced an $870.75 million green bond with a final spread of 100 basis points over US Treasuries, tightening decisively from initial price thoughts in the T+130 bps area as demand built through the bookbuild. The Regulation S benchmark-sized, amortising Eurobond carries a coupon of 5.794%, re-offered at par, and features a long-dated 27.5-year legal maturity with a 17-year weighted average life, underscoring

Greenlogue/APDubai-based Alcazar is edging closer to acquiring Egypt’s Gabel El-Zeit wind farm after submitting the highest bid among contenders, according to people familiar with the negotiations. Discussions are under way with the country’s sovereign wealth fund and the Ministry of Electricity and Renewable Energy on a transaction valued at about $350 million, with officials indicating that talks could be wrapped up before the end of the first quarter of 2026.The asset, one of the largest onshore wind facilities in

Greenlogue/APA major commitment by Alterra to a renewables platform run by Copenhagen Infrastructure Partners is set to channel long-term capital into clean power, storage and transmission projects across multiple markets, strengthening the scale and pace of energy transition investment worldwide.Alterra, the UAE’s climate investment vehicle with a stated target of deploying $30 billion by the end of the decade, confirmed it is investing in a fund managed by Copenhagen Infrastructure Partners, known as CIP. The partnership is designed to

Greenlogue/APAMEA Power has commissioned a 120 megawatts-peak solar photovoltaic plant in Tunisia’s Kairouan Governorate, adding one of the country’s largest utility-scale renewable assets to the national grid and strengthening North Africa’s push to diversify power generation. The project operates under a 20-year power purchase agreement with Société Tunisienne de l’Electricité et du Gaz, providing long-term offtake certainty for the state utility and stable revenues for the developer.Located inland from the coast, the Kairouan facility is designed to supply clean

Greenlogue/APSaudi Arabia’s ACWA Power has entered into a cooperation framework with the African Development Bank aimed at mobilising as much as $5 billion for sustainable energy and water projects across Africa, signalling an expansion of private capital participation in the continent’s infrastructure financing landscape.The agreement sets out a pathway to identify, develop and finance projects focused on electricity access, water security and low-carbon investment, with funding envisaged between 2025 and 2030. It aligns a major Gulf-based developer and operator

Greenlogue/APBacked by British International Investment, Egypt’s first utility-scale hybrid solar and battery development has taken a decisive step forward as the country works to accelerate its transition towards a more resilient renewable power system. The 1.1-gigawatt Obelisk project, led by Norway’s Scatec, is positioned to become one of the largest integrated solar and battery energy storage schemes in Africa, strengthening prospects for grid stability and long-term supply security.Developers and advisers involved in the programme said the commitment from BII

Greenlogue/APNew Murabba, the massive urban redevelopment project in Riyadh, has formalised a partnership with the US Green Building Council to embed global sustainability standards into its design, construction and operations. The memorandum of understanding signed between the two organisations establishes a framework to explore how international systems such as LEED — including its latest LEED v5 as well as LEED for Communities — can be applied across the entire New Murabba development.The agreement anticipates shared work on knowledge-exchange

Greenlogue/APA consortium comprising ACWA Power, Badeel and Saudi Aramco Power Company has completed the financial close on seven large-scale renewable energy projects totalling 15 gigawatts. The agreements signed with Saudi Power Procurement Company cover five solar photovoltaic plants and two wind power farms to be built across several provinces, representing one of the largest investments under the Kingdom’s National Renewable Energy Programme.The portfolio of projects includes solar plants at Bisha and Humaij, Khulis and two

Greenlogue/APADNOC Gas and EMSTEEL formalised a long-term arrangement that will guarantee supply of lower-carbon natural gas to power EMSTEEL’s industrial operations. The agreement, spanning 20 years and valued between US$3.5 billion and US$4.2 billion, takes effect from 1 January 2027 and underlines the strategic bond between the integrated gas supplier and one of the region’s largest steel and building materials manufacturers.Under the deal, EMSTEEL will receive a stable and reliable gas supply, enabling it to sustain current production levels

Greenlogue/APRiyadh – Tanmiah Food Company, one of Saudi Arabia’s largest vertically integrated poultry and food producers, has signed three strategic memoranda of understanding and launched what it calls the region’s first geothermal-cooled poultry facility, marking a significant move in its sustainability and decarbonisation drive. The agreements were unveiled during the inaugural Saudi Agri‑Food Tech Alliance Forum at the headquarters of the Ministry of Environment, Water and Agriculture in Riyadh, under the patronage of Vice-Minister Mansour Hilal Al Mushaiti

Greenlogue/APNoatum Maritime, a subsidiary of AD Ports Group, has entered into a strategic partnership with Siemens Energy and Green Parrot Tech FZE, aimed at exploring innovative solutions for the offshore energy sector. This collaboration seeks to leverage the combined expertise of the three companies in a bid to drive advancements in the green energy transition, particularly in offshore wind and sustainable maritime solutions.The agreement was signed following a series of discussions between the companies, who aim to synergise their

Greenlogue/APThe 30th Conference of the Parties to the UN Framework Convention on Climate Change is shaping up to be a critical turning point in the global fight against climate change. As the international community gathers in Brazil for this year’s talks, experts agree that the conference represents an unparalleled opportunity to turn the growing momentum for climate action into substantive, real-world policies that can lead to lasting environmental change.The COP30 yearbook, published ahead of the conference, highlights both