CEBC News
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Digital innovation driving financial inclusion in the middle east
Digital innovation within the financial services industry is set to have world-wide benefits, and is likely to have the most meaningful impact on the unbanked populations of the world, according to Dr Nasser Saidi, a leading economist for the Middle East and North Africa (MENA) region. The Middle East presents a unique opportunity for certain sectors of society to be empowered through financial access, particularly young and female populations. Saidi shared his thoughts with RFi Group's Sarah Hollinshead on how innovation across the Middle East is accelerating and what the outcomes will be.
[Read More]
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Responsible investment: New thinking for financing renewable energy
This industry study comes at a time when Islamic financial services are increasingly playing a crucial role in financing development and infrastructure projects in the Middle East. Needless to say, this industry creates numerous opportunities for both governments and private sector corporates to diversify their sources of capital and project funding.
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Solar Middle East: Tech Talk Highlights
Hugo Domingues with Energie GCC represented CEBC at Solar Middle East last week with his presentation on Thermodynamic Solar Energy.
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WICE Survey: Women in Clean Energy
We are seeking to gather information to understand more about the role of women in entrepreneurship in clean energy and more specifically innovation, new technology and the role of women and what needs to be done to encourage them into clean tech and clean energy. You can help by taking this brief survey which will enable us to create a benchmark for women working in these fields that we can measure on an annual basis.
[Complete Survey]
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"Light & Life: Bringing Solar to Schools and their Students Worldwide" with message of Dr Jane Goodall | SolarPV TV
Exclusive reportage from American Universal School in Dubai (AUS)
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New Members
Sapphire Fibres
SAPPHIRE FIBRES (A SAPPHIRE GROUP COMPANY) has been in operation for the last 05 decades and holds a good position among textile exporters of the country. Core business portfolio of Group is Yarn, Woven, Knits Fabrics, Home Garments, and Electricity Generation. The Group has 24 manufacturing facilities in Pakistan and is employing more than 15,000 people. Its Annual turnover is over US $ 01 Billion (Approx).
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CEBC Member Updates
Saudi Arabia's Ministry of Energy, Industry, and Mineral Resources Issues Request for Qualifications for Round 1 of the National Renewable Energy Program
The Renewable Energy Project Development Office (REPDO), of Saudi Arabia's Ministry of Energy, Industry and Mineral Resources today launched its first requests for qualifications (RFQ) for the Kingdom's National Renewable Energy Program (NREP). The RFQ process for the NREP is open to any company (or consortium of companies) with the technical and financial capabilities to execute projects of this scale.
[Read More]
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Why Saudi Arabia's $50bn renewable energy programme is credible
When the Kingdom of Saudi Arabia's Renewable Energy Project Development Office (REPDO) released its request for qualification (RFQ) for 700 megawatts (MW) of solar and wind energy generation assets last week, there was a collective scramble by the renewable energy industry to examine its contents. [Read More]
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Schneider Electric Showcases Innovation At Every Level at its Dubai Life Is On
Innovation Summit on April 11th & 12th at The Atlantis
Schneider Electric, the global specialist in energy management and automation, is hosting its Life is On Innovation Summit in Dubai on. The two-days summit will see more than 3000 participants, representing government, businesses and the channel community from across Middle East, Africa, Europe and Asia Pacific discuss the latest trends, technologies and innovations that are shaping the region's world of energy and automation.
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CEBC Meets with Wisconsin Economic Development Coporation (WEDC)
A delegation from the WEDC met with CEBC during their recent visit to Dubai. Topics of discussion included the latest MENA region trends in industrial development, energy, and water. Working with CEBC, WEDC will play a key role in connecting Wisconsin consortia and companies to the region. CEBC urged WEDC to encourage Wisconsin clean energy companies and consortia such as the Midwest Energy Research Consortium and The Water Council
to come back to the region in order to participate in prominent clean energy events such as the 2017 Water, Energy, Environment Technology Exhibition (Oct 23 - 25 in Dubai) and the 2018 World Future Energy Summit (Jan 15 - 18 in Abu Dhabi. And in turn, WEDC invited CEBC members to attend upcoming Wisconsin clean energy events including the
2017 Water Leaders Summit (May 23-24 in Milwaukee, WI) and the
2017 WEFTEC Expo (Sep 30 - Oct 4 in Chicago, IL). Any CEBC members interested in attending either of these events should contact
Amanda Glatthaar in order to be connected directly to WEDC.
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Reports, Publications & Tools
Responsible investment: New thinking for financing renewable energy
This industry study comes at a time when Islamic financial services are increasingly playing a crucial role in financing development and infrastructure projects in the Middle East. Needless to say, this industry creates numerous opportunities for both governments and private sector corporates to diversify their sources of capital and project funding.
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Biofuels for aviation: Technology brief
Developing and promoting biofuels for aviation will be essential to reduce carbon emissions from commercial aviation. As a first step, some pioneering airports have already incorporated bio-jet fuel into their refuelling systems. Yet wider bio-jet adoption is constrained by high costs compared to fossil-based jet fuels. New policy approaches are needed to set international standards and ensure co-ordination to incentivise bio-jet development.
[Download Report]
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Electric vehicles: Technology brief
The global stock of electric vehicles (EVs) reached 1 million in 2015 and exceeded 2 million by the end of 2016. Yet faster growth is needed for EVs to fulfil their role in the global energy transition, both through lowering vehicle emissions and boosting renewable energy use.
This brief outlines the technological and policy advances still needed for EVs to help drive the transition to a sustainable global energy future. [Download Report]
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National Energy Roadmaps for Islands
Islands around the world face crucial energy challenges, including fuel import dependency, high electricity costs, environmental sensitivity and vulnerability to climate change. The International Renewable Energy Agency (IRENA) co-operates closely with island countries to accelerate their shift to renewables and help ensure a sustainable energy future.
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CEBC Members & Partners News
"This 200MW CSP Plant will be operational by April 2021, since we intend to continue generating 1,000MW from CSP by 2030. Undoubtedly, this project is another milestone achievement that will put Dubai and the UAE at the forefront in the region in producing renewable and clean energy, and supports the vision of His Highness Shaikh Mohammad Bin Rashid Al Maktoum [Vice-President and Prime Minister of the UAE and Ruler of Dubai]," said Saeed Mohammad Al Tayer, MD and CEO of DEWA. [Read More]
The MENA region has a solar PV pipeline of 4,050MWac for this year, according to a new report by the Middle East Solar Industry Association (MESIA).
[Read More]
Gulf Countries Move Toward Smarter Buildings
Buildings in the Gulf countries in the Middle East are on the road to being more intelligent, environmentally friendly and energy efficient, according to a Frost & Sullivan analyst.
[Read More]
Saudi Arabia's ACWA Power has agreed with the government of Jordan to develop, finance, construct, own and operate a new 61.3 megawatts photovoltaic project in Risha, a province in Eastern Jordan, the company announced on Monday. [Read More]
Analysis by Frost & Sullivan shows that the market for energy performance contracting in the UAE was estimated to be US$80mn to US$100mn in 2015 and is expected to have a CAGR of 15-17 per cent in the next four to five years.
[Read More]
MENA region forecasts over 5.7 GW of solar
2016 was a record-breaking year for solar in the Middle East due to record low tariffs below $0.0245 per kilowatt hour (kWh) in September 2016.
[Read More]
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MENA Clean Energy News
Solar energy costs will witness record lows this year, following two world records set in Dubai and Abu Dhabi last year, a senior executive told Gulf News
. [Read More]
The Roads and Transport Authority (RTA) on Tuesday signed an agreement with electric automaker Tesla to purchase 200 electric vehicles, fitted with several components of autonomous driving technologies.
[Read More]
UAE eyes new clean energy generation target by 2030
The UAE is looking to increase its target for power generation from clean energy to 30 per cent by 2030, the energy minister said yesterday. "What we knew is that at least 25 percent (of electricity) is going to be from both nuclear and solar," Suhail Al Mazrouei said after a ceremony to launch the third annual state of energy report.
[Read More]
UAE to invest $163bn in renewable-energy projects
The United Arab Emirates has announced plans to invest $163bn in projects in a bid to generate almost half the country's power needs from renewable sources. The UAE is a top oil exported, but has taken steps to reduce its dependency on fossil fuels to generate power, including building nuclear facilities.
[Read More]
Abraaj acquires majority stake in Jhimpir Power
The Abraaj Group said it has entered into a definitive agreement to acquire a majority stake in Jhimpir Power, a clean energy generation company.JPL Holdings Pte. Ltd. wholly-owns a 50 MW wind power project in the Jhimpir wind corridor in Southeast Pakistan. [Read More]
Jordan 'installing solar air conditioning units'
Jordan has become the fist developing nation to install solar-powered air conditioning units, according to press reports. The Jordan Times quoted Minister of Environment Yaseen Khayyat as saying that the project was "a first of its kind".
[Read More]
First-of-its-kind coloured solar panels from Emirates Insolaire to be installed on Dubai buildings soon
The coloured solar panels and photovoltaics from Emirates Insolaire LLC, a joint venture of Dubai Investments PJSC and SwissINSO Holding Inc., a Switzerland-based pioneer in solar technologies, will soon dress up buildings across Dubai as the Emirate is fast moving towards a sustainable future powered by renewable energy sources.
[Read More]
Orange Business Services plans Gulf countries' biggest smart city project
Orange Business Services has signed a multimillion dollar consulting deal with MEEZA, a Qatari managed services provider, to deliver the majority of smart services and applications at Msheireb Downtown Doha.
[Read More]
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Industry Events and Conferences
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MENA New Energy Update 2017
25-26 April
Hyatt Regency Hotel, Dubai
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Oman Energy & Water Expo
1-3 May
Oman Convention & Exhibition Centre
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GCC Waste Management & Recycling Forum
9-11 May
Dubai, UAE
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