Siemens Energy and Masdar Institute of Science and Technology have signed a one-year agreement for cooperation in solar energy technology research and development to enhance the use of photovoltaic (PV) panels in the region.

In his keynote address today to the World Future Energy Summit, UN Secretary-General Ban Ki-moon called on governments, the private sector, and civil society to make significant commitments to action in support of his Sustainable Energy for All Initiative.

Terra Nex Financial Engineering AG Switzerland (Terra Nex) and Middle East Best Select (MEBS) Group of Funds have announced plans for a major US$2 billion project to develop solar power resources within Oman.

Masdar and C3, a energy and emissions management solutions provider, announced today that Masdar is using C3’s energy management technology in Masdar City to monitor and optimize energy, water, sustainable transportation and waste.

Dubai has launched a solar energy project that will generate 1,000 MW and is estimated to cost US$3.26 billion.