Business

Sanctions have backed fossil-rich Iran into a corner, which could bode well for the country's renewable sector.  The western-led sanctions against Iran have crippled the...

The funding for many of the great renewable energy projects within the Middle East and North Africa (MENA), and other developing regions, will continue...

Are Islamic banks anti-war? Islamic banks discourage investment in the arms and military industry as well as speculation and taking excessive risks A couple of...

Arava Power Company pioneers first ever solar contract for Israel’s Bedouin minority The first-ever license for a solar project has been awarded this week to...

Tanin 1 gas field, in large yellow area north of the Tamar field, is too close for comfort to Lebanese shores. Lebanon is going...

The Nabucco natural gas pipeline (in orange) was designed to lessen eastern Europe's dependence on Russia's sometimes unreliable gas supply. But Russia's South Stream...

The arid Middle Eastern desert climate offers little in the way of natural resources. But it does boast of brilliant and fierce sunlight. In a...

Frank Wouters of Masdar Power at Abu Dhabi's World Future Energy Summit. With its first large scale solar farm expected to be operational by August, Masdar is now about...

When marine politics get nasty: Ahmet Aslan recovers in a hospital after being shot in the eye by a gang of illegal fishermen. Fishing is...

Jordan Atomic Energy Commission (JAEC) Chairman Khaled Toukan champions a peaceful nuclear power program, despite opposition from environmentalists and Parliamentary MPs.The Chairman spoke earlier this...

Five thousand Syrians have died since the uprising started but climate change could kill many more in this dry country. Approximately 5,000 people have been...

For those times when you can't use electronic delivery methods and just need those paper products, eco-friendly suppliers like Flyerzone come in handy. As much...

Torresol - a joint venture between Spain's SENER and Abu Dhabi's Masdar, plans to invest up to $5 billion building 6 GW of concentrated solar-thermal power (CSP) projects over the next three years in the deserts of the MENA region, Spain, and the US. Although the sites are not yet named, at least one of the plants will be in Abu Dhabi. The company ('torre' is Spanish for tower, and 'sol' for sun) says it is optimistic in getting the funding for its ambitious solar project pipeline. “Despite the ongoing economic troubles facing much of the world", says Torresol President Enrique Sendagorta, "we believe we can achieve our goals as foreign banks are becoming more interested in financing solar power projects because it is a winning investment”. The first of the Desertec solar projects all use CSP, in Morocco, and in Algeria, and just today - in Tunisia.

Wow, the Desertec vision is barreling into realization! A clean energy future where the world's deserts supply huge amounts of solar energy to the whole of humankind is truly becoming reality. Now the fourth Desertec project, by far the largest-ever solar plant in the world - for 2,000 MW of solar power - is to be built in Tunisia. (Previous stories: Desertec Begins: 500 MW Moroccan Solar in 2012, then MedGrid joined up, providing the transmission needed, with the plan to export up to 5GW of renewable power by cable under the Mediterranean between North Africa and Europe as early as 2020, and then most recently, the 3rd Desertec Deal Signed – Algerian Solar.) How huge will this solar project be? 2, 000 MW is six times the size of the largest solar CSP project ever built

Greensoil, an investment firm from Canada will fund Israeli agritech companies with a reported $12 million. Cash from Canada will be funding clean technology...