ACWA Power, in partnership with HAU Energy, a subsidiary of Hassan Allam Utilities, has achieved financial close for 1.1 GW Suez Wind Farm in Egypt, marking the largest single-contracted wind farm in the Middle East. The project represents a total investment of $1.2 billion, with ACWA Power holding a 70% stake and HAU Energy owning the remaining 30%. The wind project is expected to increase the share of renewable energy in its electricity generation mix to 42% by 2040.

Solar tracking and racking solutions provider Arctech announced that it signed a 1.5 GW order of its 1P single-axis solar tracking system SkyLine II with PowerChina for a solar project in Al Ajban, UAE, entry for the company in the Middle East market in 2025. The project is expected to reduce Abu Dhabi’s annual carbon emissions by 2.4 million tons annually.

ACME Group has awarded a contract to Shuangliang Group to supply hydrogen production systems for a green ammonia project in Oman. The facility is designed to produce 300 tons of green ammonia daily, contributing to global clean energy efforts and climate change mitigation. Shuangliang’s 5000Nm³/h alkaline electrolyzer technology will play a key role in this project. The company will deliver multiple green electricity-powered hydrogen production systems, expected to be completed by 2025.

Oman has launched the Oman Net Zero Center, a strategic initiative by the Ministry of Energy and Minerals to guide the nation toward its goal of carbon neutrality by 2050. The Center’s primary mandate includes developing and updating Oman’s net-zero strategies in collaboration with relevant authorities, ensuring alignment with national objectives. It will oversee the implementation of projects to enhance energy efficiency and reduce carbon emissions, providing technical support to both government and private sectors.

UAE-based Alcazar Energy has entered into an agreement with the Egyptian government to develop a 3.1 GW hybrid renewable energy project in the Zafarana region. This $2.5 billion project will combine 2 GW of solar and 1.1 GW of wind energy. The plant will operate under a Build-Own-Operate model, with Alcazar Energy overseeing its execution. Feasibility studies and financial closure are expected to be completed by the end of 2025, with construction slated to begin in early 2026.