MENA Clean Energy Month in Review 

GCC countries likely to raise VAT to 10% within 5 years
Dr. Nasser Saidi, CEBC Chairman speaks with Arabian Business week. GCC countries are currently studying the elimination of the current unified customs tax and replacing it with the VAT and Specific taxes due at the beginning of 2018, according to Dr Nasser Al Saidi, renowned economist and founder and president of Nasser Saidi & Associates. [Read More]

Middle East economies must adapt to 'new normal' 
Middle Eastern economies must accept that low oil prices are not a cyclical dip but the result of structural changes in the global economy, Dr Nasser Saidi said.
[Read More] 
Women in MENA Workshop
This month CEBC partnered with MESIA and Eversheds Sutherland to present their report findings on the Women in MENA 2017 Survey. The workshop included highlights from the report findings and a panel discussion surrounding challenges faced by women in the industry. [View Photos]

How to select the best batteries for your PV with storage projects
In case you missed our webinar along with ata insights on How to select the best batteries for your PV with storage projects, you can hear the recording of the session on our website.  [Download Webinar] 

CEBC Schools Program Annual Competition
The students in the CEBC schools program have submitted films surrounding clean energy topics. Peoples' Choice voting is now open. We hope you will join us in supporting these students and voting for your favorite selection. [Vote Now]

CEBC Member Updates

Solar Energy Best for UAE to produce Sustainable Supply
David Provenzani, managing director of Architaly Green Energy DMCC, also spoke about the strides that the UAE has made on its mission towards renewable energy at the Trends in Solar Power Generation and Energy Harvesting Workshop at Amity University Dubai

ACWA Power Donates a 2.6 MW Solar Power Plant to King's Academy 
King's Academy in Jordan has signed a memorandum of understanding (MoU) with  ACWA Power - a leading  developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants - to design, develop and construct a Solar Photovoltaic Facility (PV) on the school's campus. [Read More] 

King Mohammed VI of Morocco launches the Noor PV I Program in Ouarzazate
The ground breaking ceremony of NOOR Ouarzazate IV plant, with a generating capacity of 72 MW, follows the agreement that was signed in November 2016 at COP22 at Marrakechby a consortium led by the leading water and power developer, ACWA Power, to develop and operate the plant. The total cost of NOOR PV I project is US $ 220 million.

Saudi National Renewable Energy Program: Round 1 - "Scaling Up"
This Client Alert provides insights into the NREP, the opportunities for sponsors and lenders, and how the Government of the Kingdom of Saudi Arabia intends to support the NREP in securing of 9.5GW of renewable energy generation by 2023. [Read More]

Dubai students bring light to Kenyan pupils
The Universal American School provision of the 200 solar lights to all our upper grade pupils had a major impact to the academic's performance this term," Mutui said in the letter, adding that it has made learning "very efficient" as children now can "study and do homework while at their homes [Read More]

Energie has now a wider coverage of the GCC market  
Energie products are being distribute in UAE, Saudi Arabia, Kuwait and Qatar. The thermodynamic solar systems can provide hot water day and night, 365 days per year to villas, hotels, hospitals, labour camps, laundries and many other projects that require hot water. [Read More] 


Reports, Publications & Tools
Women in Clean Energy in MENA 2017 Report 
The Clean Energy Business Council, the International Renewable Energy Agency and Bloomberg New Energy Finance have gathered baseline data on challenges faced by women in the clean energy sector in the Middle East and North Africa (MENA).  

REthinking Energy 2017 
Renewables are a proven commodity. By any reckoning, a fundamental transformation of the world's energy and industrial systems is under way, and this edition of Rethinking Energy aims to be a thought-provoking contribution to the ongoing debate.
[Download Report] 

State of Green Economy Report 
A green economic model encourages an equitable financial system, recognising the reality of inhabiting an ecologically vulnerable planet. It is only by following the precepts of a green economy that we can move towards achieving the UN 2030 Agenda for Sustainable Development, which envisages human health, well-being and development for all, while protecting all essential ecological thresholds.
[Download Report]

MENA Clean Energy News
Are You Ready For The Middle East's Solar Gold Rush? Hundreds Of Billions Are About To Go Green    
The MENA region saw over 2 GW of new solar capacity tendered in 2016, and 2017 looks to easily surpass this level as hundreds of billions of dollars begin to flow into green energy in the Arab world.
 [Read More] 
The Gulf Cooperation Council states, which have huge proven crude oil reserves, have set out on an altruistic journey to develop renewable energy sources to better serve the planet.
[Read More]

Kuwait, South Korea ink $41m smart city contract 
Kuwait and South Korea have inked a $41m (KWD12.5m) contract pertaining to the planning and design of Saad Al-Abdullah City. The deal was signed by representatives from Korea Land & Housing Corporation and Yasser Abul, Kuwait's Minister of State for Housing Affairs and Minister of State for Services. [Read More] 
Societe Generale Middle East partners with Bpifrance for GCC Smart Cities
A select delegation of 12 enterprises from France are spending a week in Dubai and Riyadh meeting prospective partners in the public and private sector to better understand the local market and explore ways in which the local economies can benefit from the expertise and knowledge that has made them innovation leaders in their fields. [Read More] 
Saudis to Seek Bids for 700-Megawatt Wind and Solar Projects
Saudi Arabia will begin seeking bids next week from renewable-energy companies to build wind and solar plants with a combined capacity of 700 megawatts as part of the kingdom's $50 billion program to boost power generation and cut its oil consumption.  [Read More]

Middle East's First Green Bond Listed At London Stock Exchange
The National Bank of Abu Dhabi recently became the first entity in the Middle East to have a green bond listed at the London Stock Exchange. [Read More]

Internet of Things makes its presence felt in Middle East and Africa
The Internet of Things (IoT) is creeping into various sectors across the Middle East and Africa, from energy to manufacturing, and with it companies such as Schneider Electric of France and Germany's Siemens are racing to increase operations throughout the region to support its adoption.
  [Read More] 
Solar Energy Projections Rise for 2017
Demand from China is set to boost solar capacity in 2017, and Saudi Arabia is taking steps to implement its clean energy plan. [Read More]

Jordan utility tackles growing energy demand with new PPA 
Under the PPA, the two utility companies will jointly finance, construct and operate a 61.3 megawatt-peak solar plant in Risha province. The solar plant is expected to be completed by 2019 to provide NEPCO with electricity at a cost of 0.0042 Jordan dinars ($0.06) per KWh. [Read More] 
CEBC Events

IPFA Middle East: Dubai: Saudi Arabia: a new era for PPPs?
Date:         10 May 2017
Time:         8:00am-10:00am
Venue:       DIFC Conference Centre, Building 4, DIFC

Saudi Arabia has been considered for many years as primarily an oil based economy, thereby providing Saudi with large fiscal surpluses to propel its ambitious economic expansion. The Saudi Arabian government, for the first time, are encountering a new and very real challenge to infrastructure project funding in this post oil boom economy. Consequently, PPPs have become increasingly attractive as a procurement model to provide value-for-money in large and complex infrastructure projects. Vision 2030 set out ambitions to use private sector finance to deliver public services through PPPs, concession-based procurement models and privatization.

Including a key note address from ACWA Holding's Rasheed Al Rasheed, one of the Kingdom's most well known and respected leaders in project finance, this event will look at the Kingdom's progress since the launch of Vision 2030, the opportunities still to come and the challenges that lay ahead of  for privatisation and PPPs in Saudi Arabia.

REGISTER HERE                         VIEW EVENT 


Industry Events and Conferences

Oman Energy & Water Expo
1-3 May
Oman Convention & Exhibition Centre

GCC Waste Management & Recycling Forum
9-11 May
Dubai, UAE

Solar Rooftop Forum
17 May
Sheraton Grand Hotel, Dubai

Middle East Energy Storage Forum
24-25 May
Dusti Thani Hotel, Dubai

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