[UAE joins hands with Malaysia to build 10GW renewable energy projects by 2025] On October 6, Malaysian Prime Minister Anwar Ibrahim said that the UAE will jointly develop 10 gigawatts of renewable energy projects with Malaysia by 2025, worth US$8 billion. The above-mentioned investment plan is part of a memorandum of understanding signed during a meeting between representatives of the Malaysian Investment Development Authority and Abu Dhabi Future Energy Company (Masdar) in the United Arab Emirates on Thursday. The Malaysian government aims to have 70% of its overall energy installed capacity come from renewable energy sources by 2050. As of the end of March this year, this figure was about 25%. The Malaysian government estimates that 637 billion ringgit ($135 billion) of investment is needed to achieve this goal. Anwar also said that Malaysia and the UAE will concretely advance relevant cooperation through an investment agreement between MIDA and the UAE International Investors Council. Editor/Xu Shengpeng

Click to see more live >>

• 2024.05.07 17:10
• [Qatar has announced the launch of a national renewable energy strategy]
• Qatar Hydro Corporation (Kahramaa) today announced the launch of the Qatar National Renewable Energy Strategy (QNRES) to advance the sustainable development goals of Qatar's National Vision 2030. The strategy, developed by Kahramaa in coordination with 22 major energy entities in the country, aims to increase and diversify the use of renewable energy, with a focus on the use of solar power. With more than 2,000 KWH of solar power per square meter per year, Qatar ranks first in the world and is one of the countries with the greatest potential to produce photovoltaic power. According to the newly published strategy, Qatar aims to expand its large-scale renewable energy facilities to about 4 GW by 2030, while installing about 200 MW of distributed solar power generation equipment. The strategy will not only reap economic benefits, but also focus on environmental protection, improving air quality and contributing to Qatar's energy security through the diversification of the country's sources of power generation. Editor/Xu Shengpeng

• 2024.05.07 17:10
• [Malaysia is actively building a logistics hub in Southeast Asia]
• The Malaysian government has developed short - and long-term strategies aimed at strengthening the competitiveness of the country's major ports, namely Port Klang and Tanjong Palapas. Malaysian Transport Minister Lok Siu-fook said the strategy covers increasing port capacity, improving efficiency and productivity, and transforming to a low-carbon green port. In recent years, Malaysia has vigorously developed its port economy through a number of initiatives such as port expansion, port digitization and the establishment of free trade zones, and is committed to becoming a logistics hub in Southeast Asia. With the deepening of the Belt and Road Initiative, China and Malaysia have deepened port cooperation and further upgraded the level of port infrastructure construction and operation in Malaysia. At present, the Belt and Road cooperation between China and Malaysia has formed a pattern of the Malaysia-China Kuantan Industrial Park in the East, the Kuantan Port "One Park and one port", and the Port Klang in the west through the East Coast Rail line. Editor/Xu Shengpeng