#clean energy
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
Uzbekistan, which aims to achieve 25 percent of its energy mix from renewables by 2030, is a strategic destination for Masdar
The strategic dialogue builds on the 2021 bilateral meet during which the two countries agreed to establish a partnership for the future
Emirates Development Bank will showcase its flexible financial solutions to support companies operating within the renewables sector
The companies will assess joint participation possibilities in renewable energy and explore collaborative opportunities in renewable energy generation
The agreement covers cooperation in nuclear energy operations, in high-temperature gas-cooled reactors and fuel supply and investment
Xlinks will use the proceeds to undertake the development of plans to lay the world’s longest high-voltage direct current subsea cables between the UK and Morocco
The project already has equity bridge loans of $14m from the EBRD and $45m from the APICORP
The project marks ACWA Power’s entry into the Central Asian country with an initial investment of $1.5bn
The Baynouna Solar Park produces over 560 gigawatt-hours of energy annually – enough to power 160,000 homes
The bilateral initiative, which will officially launched during COP28, will focus on low-carbon hydrogen and sustainable fuel production and their respective value chains
Together, the parties will explore several hydrogen transportation methods, with a focus on liquid organic hydrogen carriers and liquid hydrogen
The company will launch projects involving carbon capture, electrification and new CO2 absorption technology, and also enhance investments in hydrogen and renewables
The project, expected to be valued at $2.4bn, will offset 2.4 million tonnes of carbon emissions per year and power 1.65 million households
The project will sell electricity to state utility, Eskom, under a 20-year power purchase agreement
There are now more than 125 gigawatts of clean power under contract to large companies around the world
Infinity Power’s 6 MWp solar photovoltaic plant can provide enough electricity to power more than 5,000 homes a year
Held under the theme of ‘The future of energy: secure, affordable and sustainable’, ADIPEC brought together global leaders to discuss critical issues around energy security and sustainability
The UAE has launched seven strategic hydrogen production projects and is expected to produce 14 to 22 million tonnes annually by 2050
The two nations will collaborate to advance their net-zero goals and provide funding for sustainable energy projects in emerging economies