CleanMax, a Brookfield-backed renewable energy provider specializing in the commercial and industrial sector, has secured a long-term credit facility of AED99 million ($27 million) from HSBC to expand its onsite solar portfolio in the UAE. The funding will support the development of 92 solar assets across industrial facilities, malls, schools, and universities, with an additional uncommitted accordion of AED 37 million ($10 million) for future projects.

Egypt aims to produce 16,100 MW of renewable energy by 2029, primarily from solar and wind projects. Currently generating 6,600 MW from solar, wind, and water sources, the country plans to add 5,800 MW from new solar power projects in the coming years. This initiative aligns with Egypt’s goal to expand renewable energy’s share to 42% by 2030 and 60% by 2040.

Sembcorp Industries inaugurated the Manah 2 solar independent power project in Oman with a peak capacity of 588 MW. The project will operate four months ahead of schedule and generate 1.5 million MWh of clean energy annually, powering 60,000 Omani households and avoiding 720,000 tons of carbon emissions annually. The project is located in the Ad Dakhiliyah region, spanning 6.8 million square meters.

ADNOC Distribution has launched the second phase of its solarization program, in collaboration with Emerge, a joint venture between Masdar and EDF Group. The initiative will add solar panels to over 100 service stations in Abu Dhabi, building on the successful installations of panels at 28 service stations in Dubai during the first phase. By the end of 2024, the Dubai solar installations had generated over 6,300 MWh of electricity, reducing CO2 emissions by more than 2,900 tons.

Korea Western Power Co. (KOWEPO) completed the construction of a 500 MW solar power project in Manah, Oman, marking the first large-scale solar project undertaken by a South Korean company in the country. The project is located 170 km southwest of Muscat. The project includes a 20-year power purchase agreement with Oman Power and Water Procurement Company.