MENA Clean Energy in Review - March 2016 

Update from the Board
March has been another exciting month with a number of events and activities taking place involving our members and industry stakeholders. CEBC hosted a technical workshop on Hybrid, Off-Grid Solar Power for the GCC: From Diesel Generators to Solar-Hybrid Solutions. The event was attended by 130 guests from across the stakeholder chain including solar, construction, oil and gas, inter-governmental and leading think tank groups, law firms and technology manufacturers and delivered insightful presentations and interactive Q&A discussions. 

Following the launch of the Arab Sustainable Energy Initiative in partnership with the UNDP and  RCREEE ,  an inaugural Round Table meeting took place between CEBC Task Force Members and the  UNDP to kick off the program and we will share more details with you in the coming months.

Next month CEBC will hold its Board election and eligible  members will be invited to elect its new Board of Directors for the next three year term.

CEBC will also be hosting a regional conference on Clean Energy Project Financing in MENA followed by Networking Cocktail Reception taking place on 3 May in Dubai and more information is detailed in the Events Section of our newsletter.

We look forward to seeing you at the Clean Energy Project Financing Conference on the 3rd of May and wish you a great month ahead.
Daniel Zywietz
Vice Chairman

Hybrid, Off-Grid Solar Power for the GCC: Technical Workshop
CEBC hosted a technical workshop on Hybrid, Off-Grid Solar Power for the GCC on 16 March at the Dusit Thani Hotel, Dubai which examined competitive off-grid solar-hybrid applications relevant to the GCC region, the potential and what is needed to drive this market, and the economics of utility scale solar hybrid solutions.  A special thanks to sponsor Caterpillar for their generosity  and support and to all of our speakers for sharing their expertise and experience with industry stakeholders.   [Photo Gallery]    [ Download Presentations]

Power to the Cloud 17-18 April 2016, World Trade Centre, Dubai
Slow global economic growth and geopolitical uncertainties are increasingly mounting stress on emerging market economies. Low oil prices are forcing many Middle Eastern countries to review spending plans. Increased use of smart technologies allows organizations to not only improve efficiencies, but also drive innovation, and innovation through digital transformation is becoming critical to developing parity or differentiation from competition. Schneider Electric's Power to the Cloud 2016 will bring together industry Leaders, IOT professionals and Smart City Experts from diverse segments like IT, Telco, Oil & Gas, Hotels, Utilities and Banking to address key challenges and opportunities brought about by the latest technology developments.  Themes include  Digital Transformation: Thriving in the Digital Economy;  Smart Cities and Ecosystems: Shaping the Future of Urban Centers;   The Efficiency Imperative: Doing More with the Same or Less; The Revolution of "Things". [Read more]  [Speakers]  [Agenda]

Arab Sustainable Energy Initiative Update - Inaugural Round Table Meeting
Following the launch of the Arab Sustainable Energy Initiative in partnership with the UNDP, RCREEE and CEBC last month, a Round Table meeting between CEBC Task Force Members and the  UNDP took place on 23 March to brainstorm a list of actionable project ideas and determine next steps for the task forces under the pillars:  Capacity DevelopmentSustainable Energy Finance, and  Decentralised Energy Solutions.   Insightful discussions led to some exciting project concepts and CEBC looks forward to sharing details with you in the coming weeks. To get involved  please email .

CEBC Pavilion - Energy Efficiency Conference & Expo WFES 2017
WFES Energy Efficiency Expo is an invitation for industry leaders and decision makers from energy efficiency investment and development sectors to exhibit and demonstrate energy efficiency in residential, industrial and commercial buildings. The CEBC Pavilion is proud to host our members and supporters and we have negotiated a special exhibitors package including exclusive discount, benefits and speaking opportunities. Leading developers contributing to Energy Efficiency Expo in 2017 include Masdar, Schneider Electric, Siemens, General Electric and ABB.   To book your exhibitors stand in the CEBC Pavilion and avail the exclusive package please contact Sarah de Clercq email

CEBC School's Program: Ambassadors Site Visit to Tadweer 
CEBC Student Ambassadors took a fieldtrip to  the  Tadweer Waste Treatment site in Dubai to learn about  the "process of recycling waste".  Students  addressed their fellow ambassadors and shared initiatives they are running in their schools.   A huge thank you to Rawad Masoud, Managing Director of V4 Advisors who joined the group and explained how a GreenHouse Gas Audit is done, and steps the children can take to  reduce the Carbon Footprint of their school and homes.  To get involved please email  Sarah De Clercq .

New CEBC Members

CEBC Events

Clean Energy Project Financing in MENA
Regional Conference
3 May 2016
8:15am to 4:30pm
Dusit Thani Hotel, Dubai

Clean Energy Business Council  in collaboration with the   National Bank of Abu Dhabi invites you to join us for this regional conference which will bring together industry stakeholders from across the clean energy project financing chain including lenders, developers, law firms, investors and advisors.  Renewable energy project financing is complex and this conference will address sustainable clean energy project financing in MENA, and new ways of thinking about finance and capital. Leading global industry experts will shed light on project financing structures, latest financial innovations, share case studies and discuss the role of multilateral banks in supporting developers compared to local financiers.   Register Here        Download Agenda


Associate Sponsor
Networking Sponsor

Supported By

Regional Forum on Financing Sustainable Energy and Water Conservation
High Level Forum By Invitation
9 & 10 May
Dead Sea (venue TBA)

This regional forum in partnership with  UNDP and  Islamic Development Bank (IsDB)  brings together national partners engaged in sustainable energy and water conservation initiatives to capture lessons learned from cooperation in recent years. The forum will review energy and water trends and scenarios in the region, and local best practices and case studies in the energy efficiency and water conservation experienced through IsDB and UNDP assistance projects, including those supported by the Global Environment Facility (GEF) . It will also convene regional entities and private sector partners to engage in a dialogue with national partners focusing on how new partnerships are needed to scale-up results and adopt innovative solutions on issues surrounding the energy-water nexus in post-2015 era in the region.   Download Latest Agenda

Attendance is by invitation, to register your interest please contact

Emerging Renewables Markets: Doing Clean Energy Business in Iran
November 2016
08:30am to 4:00pm
Dubai, UAE

Reports and Publications
Financing the Future of Energy Update 2016 | National Bank of Abu Dhabi
The report provides an overview of trends in the global renewable energy sector between the start of 2015 and March 2016, with a particular focus on the Gulf and the wider Middle East and North Africa (MENA) region. It is intended as an update to the Financing the Future of Energy report 2015 and presents the most significant actions taken to support sustainable energy over the past 12 months, and the most recently stated targets that will shape activity over the decade to come. The report assesses which technologies show the greatest potential for future development and deployment, and what needs to happen to stimulate further action on clean energy in the region.  [Download Report]

Global Trends in Renewable Energy Investment 2016 | FS-UNEP Collaborating Centre and Bloomberg New Energy Finance
In 2015, nearly 200 countries signed up to the 17 goals of the 2030 Agenda for Sustainable Development and the Paris Climate Change Agreement. The world's ability to deliver on those commitments depends on the speed with which we can achieve certain transformational changes, notably the transition to clean, sustainable and renewable energy that underpins so  many of the goals. Global Trends in Renewable Energy Investment 2016 confirms that a transition to a low- carbon economy is entirely within our grasp.  [Download Report]

Doubling renewables in the global energy mix by 2030 is not only feasible, but cheaper than not doing so. Economic savings would far exceed the costs. It would create more jobs, boost economic growth and save millions of lives annually through reduced air pollution. It would also, when coupled with greater energy efficiency, put the world on track to keep the rise of temperatures within 2°C, in line with the 2015 Paris Agreement. But to meet that goal, renewable energy deployment must happen six times faster than current rates.  This second edition of IRENA's global roadmap provides an in-depth perspective on the energy transition in 40 economies, representing 80% of global energy use. It offers concrete technology options and outlines solutions to accelerate renewable energy growth.
Download Report]

CEBC Members & Partners News

Jebel Ali power plant leads Dubai on solar energy, but firms face bottleneck
More than 5,000 solar panels are helping a Dubai power station to become one of the region's largest, single rooftop arrays, but companies say the authorisation process is inhibiting a large-scale roll-out. [Read more]

NBAD Global Financial Markets Forum 2016: The Future of Energy Report [Watch the Video]
Nathan Weatherstone, Executive Director - Head of Sustainable Business at National Bank of Abu Dhabi says that the update to Financing the Future of Energy Report (FFoE) shows that renewables are advancing at a much greater pace than expected in 2016. [Watch Video]

Dubai district cooling regulations reviewed
Dubai is a step closer to creating a regulatory framework for its budding district cooling industry following the recent meeting of the Dubai Supreme Council of Energy held in Dubai. The Dubai Supreme Council of Energy is working towards the implementation of the energy Demand Side Management strategy, which features nine programmes that contribute to the sustainable development of Dubai.  [Read more]

Etihad ESCO, the energy retrofit entity has executed the lighting retrofit project at the DEWA power stations in Jebel Ali and Al Awir. The project involved replacing 8,500 light fixtures with high efficiency LEDs and it has exceeded the contractual savings guarantee to 75% savings from initial electricity consumption, which is equivalent to a 15 GWh reduction annually.   [Read more]

Schneider records 12% revenue growth in GCC
Schneider Electric, a global leader in energy management and automation, has registered revenue growth of 12 per cent over the last three years in the Gulf countries and Pakistan (without Saudi Arabia), driven largely by technology investments and infrastructure developments in the region. [Read more]

Dow Water & Process Solutions, a global leader in sustainable water separation and purification technologies, celebrates World Water Day by focusing on advancing the industry and continued investment in water related technologies, partnerships, and people development.  [Read more]

Dubai net metering growth spurred by falling PV costs
Dubai's new distributed generation scheme has rewarded developers leveraging the spread between tariffs and falling PV prices with system payback expected within 10 years.  Companies already signed up to the Shams Dubai scheme include engineering groups expanding into the solar sector, as well as international PV contractors and developers such as Enviromena. "I would expect we're going to see 15-20 MW built this year," Jeremy Crane, CEO of Dubai-based developer Yellow Door Energy, told PV Insider. [Read more]

Abu Dhabi weighs more cost-effective solar technologies
As Abu Dhabi moves ahead with its solar ambitions, it is weighing more cost-effective technologies.  With the Shams 1 concentrated solar power (CSP) plant marking its third anniversary this week, its operator said that other applications are now proving to be more efficient.  The 100 megawatt CSP plant is not cost competitive to other available technologies, such as solar photovoltaic (PV).  "The renewable energy market is, of course, changing and we're always observing what is the most cost-competitive solution [for] that time and location," said Abdulaziz Al Obaidli, the acting general manager of Shams Power Company, the operating firm majority controlled by Abu Dhabi's Masdar .   [Read more]

Boosting renewable energy generation to meet global climate goals could save as much as $4.2 trillion a year by 2030, according to a new report asking lawmakers to strengthen clean energy policies.  Doubling the share of renewables in the world's energy mix to 36 per cent between now and 2030 would cost $290 billion a year and limit global warming to below two degrees Celsius, according to the Abu Dhabi-based International Renewable Energy Agency report.  [Read more]

MENA Clean Energy News

Oman prepares 200 MW solar tender; Investments shift towards emerging markets
Oman is to tender for up to 200 MW of large-scale solar power capacity this year and has selected two prospective development sites at Adam and Manah in Dakhiliyah Governorate, Qais bin Saud al Zakwani, Executive President of the Authority for Electricity Regulation Oman (AER), told the Oman Daily Observer. [Read more]

Saudi Arabia to create $2 trillion megafund to wean it off oil
Saudi Arabia is preparing for the twilight of the oil age by creating the world's largest sovereign wealth fund for the kingdom's most prized assets, Deputy Crown Prince Mohammed bin Salman said.  The Public Investment Fund will eventually control more than US$2 trillion (Dh7.35 trillion) and help wean the kingdom off oil, Prince Mohammed said. [Read more]

Adwea selects advisers for 350 megawatt solar park in Abu Dhabi
Advisers have been chosen for the 350-megawatt  solar park in Abu Dhabi announced last year, according to industry insiders.  Abu Dhabi Water and Electricity Authority (Adwea) has selected its financial, legal and technical advisers for the project to be built in Sweihan, about an hour's drive east of the capital.  The lobbying firm Akin Gump Strauss Hauer & Feld has been chosen as the legal adviser.  [Read more]

Surge in renewable energy stalls world greenhouse gas emissions
Falling coal use in  China and the US and a worldwide shift towards renewable energy have kept greenhouse gas emissions level for a second year running, one of the world's leading energy analysts has said.  Preliminary data for 2015 from the International  Energy  Agency (IEA) showed that carbon dioxide emissions from the energy sector have levelled off at 32.1bn tonnes even as the global economy grew over 3% . [Read more] 
Egypt's green building opportunity
Sustainable and energy efficient buildings are becoming a priority around the world, as  international data indicates that buildings are responsible for around 40 percent of total energy consumption, and 24 percent of CO2 emissions.  Even in Egypt, where a Green Code exists but is rarely implemented in the country's ever-expanding satellite cities, awareness around the topic is rising.  [Read more]

Kuwait to count on public-private partnerships for infrastructure projects
Kuwait plans to forge ahead with infrastructure projects despite the oil price drop and will depend on the private sector to help finance some of these projects, the country's finance minister and deputy prime minister said yesterday.  "We will continue to spend on infrastructure projects as planned," said Anas Al Saleh via video at a Meed conference.   [Read more] 

Turkish, Belgian companies to work together in Iran
Energy companies from Turkey and Belgium will collaborate for natural gas power plant construction and renewable energy projects in Iran, Belgium's Deputy Prime Minister and Foreign Affairs Minister said.  "With the lifting of the embargo on Iran, there will be many changes in the energy sector and we will see new investments in the country. Turkish and Belgian companies are already cooperating in a number of projects," Didier Reynders told Anadolu Agency.  [Read more]

Empower awards $12mn contracts this year
Dubai headquartered Emirates Central Cooling Systems Corporation (Empower) said that it has awarded contracts with a total value of $12mn since the beginning of 2016.  These deals are expected to pave the way for a series of further contracts throughout the remainder of the year, according to HE Ahmad Bin Shafar, Empower's CEO.  "We want to make district cooling service accessible to a wider group of customers across the Emirate of Dubai," said Bin Shafa [Read more]

Egypt could extend electricity subsidies timeline
Egypt's ministry of electricity is considering extending the previously set timeline for the complete lifting of subsidies on electricity, scheduled for 2019, according to Minister of Electricity and Renewable Energy Mohamed Shaker.   Shaker told Daily News Egypt that a proposal is being prepared, and will be sent to the cabinet after completion.    [Read more]

The road less travelled towards solar investment seems to be Algeria. And while the country has a road map to become a solar powerhouse for North Africa, it faces several obstacles.  There are a few regional markets - such as the UAE, Morocco and Egypt - that at the moment are investment hot spots in areas such as solar, with clearly defined policies and documented progress.  [Read more]

Saudi seeks investors for PV export industry
Saudi Arabia's energy minister has said he believes it will be impossible to keep fossil fuel resources "in the ground" even in the next 50 years but nonetheless sees his country as an ideal potential manufacturer-exporter of PV panels.  [Read more] 

Qatar unveils first renewable powered desal plant
Monsson Group, a leading company in renewable energy, has announced its entry into the Qatari market with its Reverse Osmosis water desalination powered by renewable energy.  The project is located in a farm owned by Ali Hussain Ali Al Sada and it is believed to be the first fully automated and remotely controlled plant, with low energy consumption and without operating personnel.     [Read more]

Industry Events and Conferences

6th Middle East & North Africa Renewable Energy Conference
4-6 April 2016, Kuwait

Morocco Projects - Solar, Wind, Hydro
4-5 April 2016, Rabat, Morocco
 Power to the Cloud
17-18 April, Dubai, UAE

Oman Energy & Water
23-25 May 2016, Muscat, Oman

25-26 May 2016, Dubai, UAE

Inter solar Middle East
19-21 September 2016, Dubai, UAE

Dubai Solar Show
4-6 October 2016, Dubai, UAE

CEBC  members are entitled to discounts on the above events.  For the discount codes please email 
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Kind regards,

Sarah Fitzgerald
Marketing & Communications Director
m:  +971 56 659 1153