Latest news with #EDFGroup
Zawya
6 days ago
- Business
- Zawya
Emerge, EDB to collaborate on developing solar projects in UAE
Emerge, a joint venture between Masdar and the EDF Group, and Emirates Development Bank (EDB), the UAE's key financial engine for economic diversification and industrial transformation, have signed an agreement to explore areas of collaboration in developing and financing distributed solar projects in the UAE. Under the memorandum of understanding, Emerge will identify and present potential financing opportunities for renewable energy projects, which EDB will evaluate and explore possible tailored financing solutions, said a statement. Ahmed Mohamed Al Naqbi, CEO, Emirates Development Bank, said: "Clean energy is one of the UAE's biggest industrial enablers, and solar offers a clear opportunity for manufacturers, logistics operators, and SMEs to lower costs, improve resilience, and stay globally competitive. Through this partnership with Emerge, we're focusing on practical solutions that combine technical capability with the kind of smart, flexible financing that accelerates execution. It's an exciting model that supports the UAE's energy transition while strengthening the foundations of industrial growth." Mohamed Jameel Al Ramahi, CEO, Masdar, said: "Emerge and EDB share a common commitment to supporting the UAE's energy transformation, and to helping companies in the commercial and industrial sector to achieve their own clean energy objectives. Emerge's flexible and client-centric approach enables companies to focus on their core business while reducing operational costs and this partnership with EDB will help provide access to the financing needed to deliver on their sustainability goals. We look forward to working more closely with EDB on unlocking clean energy opportunities for UAE companies." Luc Koechlin, CEO Middle East, EDF Group, said: "The MoU between Emerge and EDB reflects the shared ambition to strengthening collaboration on infrastructure that supports the C&I business of tomorrow. By combining Emerge's expertise in delivering innovative solutions with EDB's financial support, we aim to enable and expand impactful clean energy projects—contributing not only to the nation's sustainability objectives but also to the resilience and efficiency." Emerge was formed in 2021 to develop distributed solar, battery storage, off-grid solar and hybrid solutions for commercial and industrial clients. The company currently supplies clean electricity to more than 40 commercial, industrial, educational and hospitality sites across the GCC region. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
ABC News
23-06-2025
- Business
- ABC News
European developers inch closer to building WA's first offshore wind farm
Two major European multinationals are close to being awarded feasibility licences for Western Australia's first offshore wind farm. EDF power solutions Australia — part of the French government's EDF Group — said it was behind a proposal titled Bunbury Offshore Wind Farm North, which received preliminary approval from federal Energy Minister Chris Bowen earlier this month. Mr Bowen said the project would create 900 construction jobs and 450 ongoing jobs, and generate 1.5 gigawatts of energy. It equates to about one-tenth of the entire zone's estimated capacity, and about 3 per cent of the additional generation expected to be needed by 2042. EDF's second proposal for the southern part of the zone, Bunbury Offshore Wind Farm South, was also shortlisted alongside a project called Westward Wind. Industry insiders have told the ABC Westward Wind belongs to Ocean Winds — a joint venture between Spain's EDP Renewables and France's ENGIE. Ocean Winds said it could neither confirm nor deny its involvement. The two shortlisted proposals will have to resolve the geographic overlap between them in order to progress. Perth-based Wind with Purpose also applied for a licence in partnership with the UK's Barrington Energy, but was rejected. The race to build a wind farm off WA's south-west coast has been a test of endurance since the federal government named Bunbury as one of six proposed offshore wind zone locations in 2022. Faced with significant financial and regulatory headwinds, an initially eager pool of at least nine interested developers whittled itself down to three. One early proponent forced to pull the plug, Copenhagen Energy, warned at the time the process would favour larger multinationals less willing to engage the local community. The prediction appears to have been at least somewhat accurate — both EDF and Ocean Winds are large multinational companies, and neither has an office in WA. However both developers have demonstrated sustained interest in the Australian market, having previously applied to work on similar projects on the east coast. Ocean Winds was recently approved for a feasibility licence in Gippsland, Victoria, while EDF's application to work on Newcastle's offshore wind zone was unsuccessful. EDF told the ABC it welcomed the minister's "preliminary" decision to approve its proposal for the Bunbury zone, and was "committed to a responsible and consultative development process". "This marks an important step in progressing a project that has the potential to support WA's energy transition and deliver long-term benefits for local communities, industry and the regional economy," a spokesperson said. Back home in Europe, both power providers have faced growing political resistance on the renewable energy front. In France, the conservative Opposition recently pushed through a moratorium on new solar and wind projects, while recent blackouts in Spain have put a target on the back of novel energy sources. While the Bunbury offshore wind farm has its own detractors in parliament and the local community, and the WA government remains on the fence. Labor's decisive victory in this year's federal election has provided some security to developers that the sector has a future in Australia. Wind with Purpose said it was disappointed by the government's decision to reject its Catalpa Offshore Wind Farm proposal, which was focused on powering the Kwinana Rockingham Industrial area. It was the only developer to have signed an equity ownership agreement with local Aboriginal corporation Gnaala Karla Booja (GKB). The company has until early July to appeal the decision. "We're working through that process at the moment," chief executive and co-founder Chris Kearney said. "It's certainly a little disappointing but there are a couple of areas we need to address … [so] we're still hopeful. "The government was impressed and pleased by the partnership we've established [with GKB] … they don't just want to see developers ticking the box to say they've engaged with traditional owners." The government said applicants were assessed based on a range of factors, including their technical capacity and financial situation. The final decision on feasibility licences will depend on the outcome of consultations with First Nations groups, including Gnaala Karla Booja.
Zawya
23-06-2025
- Business
- Zawya
EDF Renewables and EDF International Division become EDF Power Solutions
UAE – EDF Renewables and the EDF Group International Division join forces into EDF Power Solutions, an entity intended to strengthen the efficiency and clarity of their international activities. EDF Power Solutions, an entity of EDF Group, has a gross installed capacity of 31 GW globally in its low-carbon electricity generation portfolio in operation worldwide. It will rely on EDF's expertise and the technological, commercial and geographical synergies between the two entities to design innovative and efficient offers, combining several technologies and conceived as part of a global approach to ensure the decarbonisation and efficiency of local electricity systems. With 10,000 employees in more than 25 countries, EDF Power Solutions offers a wide range of technologies for low-carbon electricity generation (wind, solar, hydropower, biomass), the flexibility of electricity systems (battery, pumped-storage hydropower, low-carbon thermal, hybrid solutions, etc.) and the reduction of its customers' carbon footprint (solar and C&I storage, mini-grids, electric mobility, hydrogen, etc.). The company is committed to applying the best international health and safety standards and to integrating environmental and social factors into the design phase of its projects to control their impact throughout the operating life of assets. In the Middle East region, the launch of EDF Power Solutions consolidates a multi-technology regional portfolio of 12 GWac of installed power capacity and over 13 million tonnes of CO₂ emissions to offset per annum. As a responsible and innovation-driven industry player the group aims to better serve the region's energy transition by offering comprehensive, low-carbon solutions across the entire energy value chain. It combines deep infrastructure know-how with cutting-edge renewable technologies – tailored to the region's needs, which is positioning it as the leading international developer in the Middle East. With a highly qualified human capital, EDF Power Solutions Middle East is actively shaping the future of energy systems—providing cleaner, more resilient, and more efficient outcomes for its partners across the region. Luc Koechlin, CEO of EDF Middle East, commented: 'EDF Power Solutions Middle East marks a new milestone in our journey in the region. We're building on a strong foundation of proven delivery, trusted partnerships, and deep local understanding. With 12 GW ac of capacity in the region, we thrive on highly technical projects, where we can bring real value through our ability to respond to the scale and speed of the energy transition. This allows us to support governments and industries in meeting their most ambitious energy goals through customized high-performance energy solutions.' EDF Power Solutions Middle East is aligned with strategic national objectives including the UAE Net Zero 2050 initiative, Saudi Arabia's Vision 2030, and Oman's green hydrogen roadmap. The company remains fully committed to our presence in the region and look forward to continuing our collaboration to power a sustainable energy future. The new entity reflects EDF's global ambition to deploy 600 TWh of low-carbon production by 2035 and marks the Middle East as one of the fastest-growing regions in its international portfolio, making the new electric world possible for everyone everywhere. Key figures of EDF Power Solutions in the Middle East: 12 GWac of low-carbon projects Over 13 million tons of CO2 to offset every year* More than 1 million households powered with clean electricity per annum* Presence in KSA, UAE, Oman, Bahrein, Qatar, Kuwait About EDF Power Solutions Bringing together the businesses of EDF Renewables and EDF Group International Division, EDF power solutions is an international energy player which develops, builds and operates renewable and low-carbon energy production facilities as well as flexible power and electricity transmission solutions. As a major player in the energy transition worldwide, EDF power solutions deploys, within EDF, competitive, responsible and value-creating projects. In more than 25 countries, our teams show their commitment to local stakeholders every day, adding their expertise and capacity for innovation to the fight against climate change. As of 31 March 2025, EDF power solutions operates 31GW of gross installed power capacity worldwide. Leveraging on its technological and commercial skills as well as local knowledge, EDF power solutions develops innovative offers, to support the move towards decarbonisation and develop more efficient electrical grids. EDF power solutions offer a large range of technologies to produce low carbon electricity (wind power, solar, hydro, biomass), increase power system flexibility (battery storage, PSP, hybrid solution etc.) and to reduce our customers' carbon footprint (electrical mobility, hydrogen, offgrid solutions, etc.). CONTACTS For more information: Follow us on LinkedIn: For media enquiries, please contact: * Upon completion of all projects under construction
Zawya
12-06-2025
- Business
- Zawya
Oman a prime location for e-ammonia production: Yamna
MUSCAT: The Sultanate of Oman's potential to become a regional powerhouse in e-ammonia production has been reaffirmed by a top executive at Yamna, a clean energy investment firm collaborating with major international players to develop a gigawatt-scale green hydrogen project in Dhofar Governorate. Abdelaziz Yatribi, CEO of UK-based Yamna, stated in a recent interview that Oman's natural, infrastructural, geostrategic, and regulatory advantages make it an ideal destination for e-ammonia investment. 'Oman offers exceptional solar and wind resources, resulting in one of the lowest levelised costs of electricity (LCOE) – a critical factor in green hydrogen and ammonia production. Additionally, the Omani government's proactive approach, particularly through Hydrogen Oman (Hydrom), provides a supportive framework for green hydrogen and its derivative projects,' Yatribi said in an interview featured in an in-house report of Eiffel Investment Group, a leading European third-party asset manager. Last year, Yamna, along with consortium partners EDF Group and J-POWER, was awarded a 341 km² land block in Dhofar Governorate to develop, build, own, and operate a large-scale green ammonia project with an annual production capacity of 1 million tonnes. The project will integrate approximately 4.5 GW of renewable energy capacity and a 2.5 GW electrolyser, supplying hydrogen to an ammonia plant to be established in the Salalah Free Zone. Yamna's strategy, according to Yatribi, centres on producing the world's most cost-competitive green molecules – hydrogen and ammonia – in locations where renewable resources are both abundant and economical. 'Ammonia serves as an efficient carrier for hydrogen, facilitating its transport to global markets. It is a well-established commodity with over a century of production and transportation history, which significantly reduces technology and infrastructure risks. By leveraging existing ammonia infrastructure, we can accelerate the global deployment of green hydrogen solutions, particularly in markets with decarbonisation imperatives and limited domestic access to competitively priced green molecules,' he explained. Traditionally used in fertilizer production and industrial processes, the demand for e-ammonia is expected to grow substantially over the next 5 to 10 years, Yatribi noted. This growth will also be driven by its emerging role as a hydrogen carrier and low-carbon maritime fuel. In countries like Japan and South Korea, government-backed initiatives support the use of e-ammonia in power generation and industrial applications. Likewise, increasing interest in ammonia as a marine fuel is prompting the development of stringent safety protocols, supported by successful bunkering trials and forthcoming guidelines from the International Maritime Organisation (IMO), he added. Yatribi also emphasised Yamna's commitment to delivering a global portfolio of export-oriented e-ammonia projects, currently planned in Brazil, India, Morocco, and Oman. 'We envision e-ammonia playing a central role in the global energy transition. Beyond replacing fossil-based ammonia in traditional uses, e-ammonia will serve as a key enabler for decarbonising hard-to-abate sectors, including power generation and maritime shipping,' he said, adding: 'With continued technological innovation and supportive policies, we believe e-ammonia will become a cornerstone of a sustainable, low-carbon future.'
Observer
11-06-2025
- Business
- Observer
Oman a prime location for e-ammonia production: Yamna
MUSCAT: The Sultanate of Oman's potential to become a regional powerhouse in e-ammonia production has been reaffirmed by a top executive at Yamna, a clean energy investment firm collaborating with major international players to develop a gigawatt-scale green hydrogen project in Dhofar Governorate. Abdelaziz Yatribi, CEO of UK-based Yamna, stated in a recent interview that Oman's natural, infrastructural, geostrategic, and regulatory advantages make it an ideal destination for e-ammonia investment. 'Oman offers exceptional solar and wind resources, resulting in one of the lowest levelised costs of electricity (LCOE) – a critical factor in green hydrogen and ammonia production. Additionally, the Omani government's proactive approach, particularly through Hydrogen Oman (Hydrom), provides a supportive framework for green hydrogen and its derivative projects,' Yatribi said in an interview featured in an in-house report of Eiffel Investment Group, a leading European third-party asset manager. Last year, Yamna, along with consortium partners EDF Group and J-POWER, was awarded a 341 km² land block in Dhofar Governorate to develop, build, own, and operate a large-scale green ammonia project with an annual production capacity of 1 million tonnes. The project will integrate approximately 4.5 GW of renewable energy capacity and a 2.5 GW electrolyser, supplying hydrogen to an ammonia plant to be established in the Salalah Free Zone. Yamna's strategy, according to Yatribi, centres on producing the world's most cost-competitive green molecules – hydrogen and ammonia – in locations where renewable resources are both abundant and economical. 'Ammonia serves as an efficient carrier for hydrogen, facilitating its transport to global markets. It is a well-established commodity with over a century of production and transportation history, which significantly reduces technology and infrastructure risks. By leveraging existing ammonia infrastructure, we can accelerate the global deployment of green hydrogen solutions, particularly in markets with decarbonisation imperatives and limited domestic access to competitively priced green molecules,' he explained. Traditionally used in fertilizer production and industrial processes, the demand for e-ammonia is expected to grow substantially over the next 5 to 10 years, Yatribi noted. This growth will also be driven by its emerging role as a hydrogen carrier and low-carbon maritime fuel. In countries like Japan and South Korea, government-backed initiatives support the use of e-ammonia in power generation and industrial applications. Likewise, increasing interest in ammonia as a marine fuel is prompting the development of stringent safety protocols, supported by successful bunkering trials and forthcoming guidelines from the International Maritime Organisation (IMO), he added. Yatribi also emphasised Yamna's commitment to delivering a global portfolio of export-oriented e-ammonia projects, currently planned in Brazil, India, Morocco, and Oman. 'We envision e-ammonia playing a central role in the global energy transition. Beyond replacing fossil-based ammonia in traditional uses, e-ammonia will serve as a key enabler for decarbonising hard-to-abate sectors, including power generation and maritime shipping,' he said, adding: 'With continued technological innovation and supportive policies, we believe e-ammonia will become a cornerstone of a sustainable, low-carbon future.'
