
Articles
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3 weeks ago |
mercomindia.com | Baset Asaba
IRENA predicts the GCC will have 40 GW of utility-scale solar projects by 2030Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights The Gulf Cooperation Council (GCC) countries are quickly expanding their renewable energy portfolios, with utility-scale solar projects leading this transformation. As the region’s power generation comprises nearly half of its carbon emissions, GCC governments are shifting considerably towards clean energy.
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1 month ago |
mercomindia.com | Baset Asaba
The Middle East has long struggled to establish a competitive solar manufacturing sector despite receiving abundant sunshine and increasing commitments to clean energy. However, recent developments suggest a rapid shift is underway. Governments are ramping up local content requirements, new factories are breaking ground, and regional players are positioning themselves as serious global solar supply chain contenders.
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1 month ago |
mercomindia.com | Baset Asaba
When Masdar, the UAE’s flagship renewable energy company, launched its $750 million green bond in mid-2023, the response was overwhelming. Investors scrambled to get in, oversubscribing the issuance nearly six times. A similar story played out a year earlier with Abu Dhabi National Energy Company (TAQA), whose $1 billion green bond was met with equal enthusiasm. The message from capital markets was clear: sustainability sells, even in the oil heartland of the Middle East.
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Dec 23, 2024 |
mercomindia.com | Baset Asaba
“The Gulf Cooperation Council (GCC) green hydrogen industry is poised for accelerated growth, fueled by improved economic activity. The latest World Bank GCC Economic Update projects that the six-nation bloc’s economy will grow by 4.2% between 2025 and 2026, driven by ongoing economic diversification and strategic reforms.” GCC countries aim to utilize hydrogen extensively to decarbonize their hardest-to-abate sectors.
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Dec 5, 2024 |
mercomcapital.com | Baset Asaba
Public relations is more than managing information or shaping perceptions; it’s about aligning with people, cultures, and values. This fact came to the fore once again during a recent interaction with two US-based students participating in a career day at Mercom who, among other things, were keen to learn how cultural values shape PR practices globally.
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