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
The 500MW Bash wind farm project is located in the Bukhara region of Uzbekistan
The companies will join hands to develop renewable energy projects in Pahang, Malaysia
The wind farm will have an anticipated annual production capacity of 1.9 terawatt-hours, enough to power 475,000 homes
Polypropylene, a type of plastic material, is used to manufacture everyday items such as bottles, jars and food packaging
The companies will look at developing technical solutions to decarbonise or improve the energy efficiency of upstream oil and gas assets among other initiatives
The green bonds sale will help fund an effort to boost renewable energy generation capacity five-fold by the end of the decade
With the head of terms agreement announced earlier this year, the 1GW wind project represents ACWA Power’s entry into Kazakhstan
Kazakhstan aims to become carbon neutral by 2060 and is targeting renewable electricity generation of 50 per cent by 2050
Barakah’s three commercially operating units are already generating more than 30TWh of zero-emission electricity all year round