The solar initiative, set to generate a total of 39 megawatts peak (MWp) of clean energy, will see the installation of 62,904 solar panels across both DWC and DXB
The Barakah plant is generating a quarter of the UAE’s electricity needs, providing a stable pipeline of power for the next 60 years
Masdar will invest EUR817m in the transaction, which values the portfolio at EUR1.7bn, making it one of Spain’s largest renewable energy deals
Madar City’s associate director of Sustainability and CSR says the city has been optimising sustainable building design and master planning for over 15 years
The development of Saudi Arabia’s renewable energy sector is a core objective of Vision 2030, the kingdom’s blueprint for a modern, diversified economy
Governments have set clear expectations for aviation to achieve a 5 per cent CO2 emissions reduction through SAF by 2030 and to be net zero carbon emissions by 2050, IATA said
ACWA Power will explore the development of major green hydrogen project with a first phase of a capacity of 200,000 tonnes per year powered by 4GW of renewable energy
The company’s profit for the January-March period dropped to Dhs651m, compared to Dhs763m during the same period a year earlier
The joint venture aims to explore, develop, and invest in wind projects in Bahrain, with a capacity of up to 2 gigawatts.
After hitting record highs for added renewable energy capacity in 2023, can the Middle East capitalise on this momentum in 2024?
With an additional 1,400 megawatts of clean electricity capacity, Unit 4 contributes significantly to powering the national grid
The agreement outlines the collaboration between the two entities to develop modern technologies in the energy sector
The partnership will see Masdar taking a stake of up to 49 per cent in Iberdrola’s 1.4GW UK East Anglia 3 offshore wind project
The key goal would be to slash fossil fuel use this decade while a smaller club of countries plan to scale up nuclear energy.
The $13.9bn project will consist of two 1.5GW offshore wind farms, with Masdar as a key partner in the project.
The station, located in Masdar City, will produce green hydrogen from water, using an electrolyser powered by clean grid electricity
The 2GW Al Dhafra Solar Power Plant – located 35 kilometres from Abu Dhabi city – was built in a single phase
Cirata is Masdar’s first floating PV project and its first renewable energy project in the Southeast Asian market
This deal followed the inauguration of the region’s largest operational solar plant, the 230MW Garadagh Solar Park in Azerbaijan
The parties will collaboratively explore the establishment of a green hydrogen export corridor between ACWA Power’s hydrogen production sites and the port of Amsterdam
The 10-year notes, which were 5.6 times oversubscribed, carry a 4.87 per cent coupon rate and will mature in July 2033
The partnership marks an important milestone in the pursuit of a sustainable and greener future for Malaysia
The stand will be located in the Green Zone and it will highlight the company’s efforts in energy, water and renewables
MW Energy, a joint venture between Masdar and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources to explore the development of the projects
The energy transition will see UAE aiming to become a leading producer and supplier of low-carbon hydrogen as well
The fourth phase is set to provide clean energy for approximately 320,000 residences and reduce carbon emissions by 1.6 million tonnes annually
In the past, the energy company has partnered successfully with Chinese companies in installing the largest wind turbine in Central Asia among other projects
The sixth phase of the project, set to be operational in stages starting from Q4 2024, will power over half a million residences while reducing carbon emissions by 2.36 million tonnes annually
ACWA Power signed the strategic cooperation agreements at the Saudi-Italian Investment Forum held in Milan on September 4
Operating income — before impairment, loss and other expenses — for the six-month period stood at SAR1,289m