Cleantech Investment by AfDB

The African Development Bank, through its public and private sector departments, is currently implementing several clean energy projects and programs to address these priorities particularly in the energy and forestry sectors. The Bank's energy portfolio currently stands at about USD2 billion. The AfDB provides two lending windows. The first is a public window, with mostly concessional funds available to governments. The second is a private window, which offers debt and equity on commercial terms.  The World Bank Group and the African Development Bank are in the process of applying to the Clean Technology Fund (CTF) Trust Fund Committee for use … Continue reading

Lifestyle Changes That Can Protect The Future Of Our Planet

We are all more than aware of the global environmental situation that seems to be becoming increasingly worse as time goes and while many homeowners would love to advocate for the environment and work towards making a change, not everyone is entirely certain as to which lifestyle changes would make any difference at all. However, if more people were aware that they could save thousands of gallons of water per year and reduce the consumption of power, perhaps more people would be making an active effort to fight climate change and the destruction of our planet. If you are hoping … Continue reading

Renewable Energy in Palestine

High population growth, increasing living standards and rapid industrial growth has led to tremendous energy demand in the Palestinian Territories in recent years. The energy situation in Palestine is highly different compared to other countries in the Middle East due to non-availability of natural resource, financial crunch and unstable political condition. Palestine is heavily dependent on Israel for meeting its energy requirements. Almost all petroleum products are imported through Israeli companies.  Israel controls energy imports into Palestine and thus prevents open trade in electricity and petroleum products between Palestine and other countries. Current Scenario Energy is increasingly becoming unaffordable for … Continue reading

Renewable Energy in Jordan

Renewable energy systems have been used in Jordan since early 1970s. Infact, Jordan has been a pioneer in renewable energy promotion in the Middle East with its first wind power pilot project in Al-Ibrahemiya as early as 1988. In the recent past, Jordan has witnessed a surge in initiatives to generate power from renewable resources with financial and technical backing from the government, international agencies and foreign donors. However, renewable energy remains largely untapped due to high cost associated with non-conventional energy resources and relatively cheap availability of oil and natural gas.  Wind energy is feasible mainly in areas overlooking … Continue reading

Solar Energy in Morocco

Morocco, being the largest energy importer in North Africa, is making concerted efforts to reduce its reliance on imported fossil fuels. Renewable energy is an attractive proposition as Morocco has almost complete dependence on imported energy carriers. Morocco is already spending over USD 3billion a year on fuel and electricity imports and is experiencing power demand growth of 6.5 per cent a year. The National Energy and Energy Efficiency Plan was launched in 2008 which aims to develop renewable energy to meet 15 percent of the country’s energy demand and to increase the use of energy-saving methods.  According to the Moroccan Ministry … Continue reading

Talking Green in Jordan

The global financial recession triggered serious debate among many countries in revealing the causes behind failures and in innovating affordable solutions. Seeking “transformational” economic growth is very fashionable nowadays bringing to the front-line clean energy and green investments as keys for a better future. And for those countries at the heart of change in the Arab World, the famous “Spring” is bringing a different flavor to the aspired change and reform. In Jordan, attention to sustainability (whether environmental or social) is a need as well as a strategic choice. For a country with very limited natural resources and increasingly growing … Continue reading

Airports: Viable Places for Green Initiatives

Can airports ever be green? This is an overwhelming concept in a carbon-driven, and carbon-intensive industry. The reality is that air travel is often the only realistic option for the movement of both people and cargo in the current lifestyle and demands encompassed with time constraints. This is especially critical for the island nation of Bahrain that is so heavily dependent on air travel in terms of food security. With over 90% of all goods: perishable and manufactured, imported into the nation, this carbon-intensive industry is not going to disappear. Airports themselves, may only contribute 5% to the carbon emissions … Continue reading

African Development Bank and Renewable Energy

Africa has huge renewable energy potential with some of the world’s largest concentration of alternative energy resources in the form of solar, wind, hydro, and energy. Overall, 17 countries in sub-Saharan Africa are in the top-33 countries worldwide with combined reserves of solar, wind, hydro, and geothermal energy far exceeding annual consumption. Most of the sub-Saharan countries receive solar radiation in the range of 6-8 kWh/m2/day, which counts among the highest amounts of solar radiation in the world. Until now, only a small fraction of Africa’s vast renewable energy potential has been tapped.  The renewable energy resources have the potential … Continue reading

Masdar’s Partnership with GDF Suez for Morocco CSP Project

Masdar and GDF Suez are working in a consortium as one of the pre-qualified bidders for the 200MW Noor II and 100MW Noor III CSP projects in Morocco. The winning bidders are expected to be announced in September this year and in a recent interview with CSP Today, Yago Mancebo, Investment Manager at Masdar, spoke about Masdar’s first experience in the bidding process for a CSP project and their reasons for partnering with GDF Suez. Masdar has a strong portfolio of CSP projects behind them (Gemasolar and Shams 1), whilst their partner GDF Suez are one of the biggest independent … Continue reading

Women and the Environment in Arabia

Women and the environment are closely interlinked, throughout history, different nations glorified women as powerful symbols of nature, and nature has always been given the female characteristics: care, reproduction and life-giving. Nevertheless, women’s involvement in the preservation of the environment has seldom been recognized and documented in the histories of several nations. One of the most significant phenomena in the last decades is recognition of women rights to achieve sustainable development; many international agreements reflected this recognition, including Rio Declaration in 1992, which stresses the point of the centrality of the full women participation to achieve environmental sustainability. The UN … Continue reading

Energy Globe Award: Participate in the Largest Environmental Award!

Energy Globe Award annually honors outstanding, sustainable projects in the field of environment and energy. The award is presented nationally in more than 180 countries, as well as internationally in 5 categories: Earth, Fire, Water, Air and Youth. With applications a year from more than 180 countries, Energy Globe Award has become the largest environmental prize worldwide. The international category winners are awarded in a ceremony which is broadcasted all over the world, receive a total of 10,000 Euro as prize money and are in the spotlight of international media coverage. Projects with a focus on the conservation of resources, … Continue reading

Energy Perspectives for Jordan

The Hashemite Kingdom of Jordan is an emerging and stable economy in the Middle East. Jordan has almost no indigenous energy resources as domestic natural gas covers merely 3% of the Kingdom’s energy needs. The country is dependent on oil imports from neighbouring countries to meet its energy requirements. Energy import costs create a financial burden on the national economy and Jordan had to spend almost 20% of its GDP on the purchase of energy in 2008. In Jordan, electricity is mainly generated by burning imported natural gas and oil. The price of electricity for Jordanians is dependent on price … Continue reading