The programme aims to supply clean electricity to 100 million people by 2035
The clean energy share is currently 11.38 per cent of Dubai’s energy mix, and will reach 13.3 per cent in Q1 2022
It undertook a number of development projects and network improvements worth over Dhs480.8m in 2021
These stations are mainly spread across Mohammed bin Rashid Gardens, Airport City, Wadi Al Safa, and Al Yafra 2
It marked a 107 per cent year-on-year rise over the $182m it received in 2020
Masdar is focused on developing renewable energy projects across the Middle East and North Africa and broader international markets
The 23-nation alliance is likely to proceed with another modest monthly hike of 400,000 barrels a day as it restores production halted during the pandemic
Gulf Arab energy firms borrowed $30.5bn in 2021, the highest level in at least 25 years
We must all continue to drive the social and governance agendas across our operational premises too in 2022
The project is expected to reduce the carbon footprint of ADNOC’s offshore operations by more than 30 per cent
Qatar will invest $112m in Rolls-Royce SMR, the separate unit created for the project
Oil’s drop this week has eaten into a partial recovery from a bear market at the end of November
The discoveries of up to 1 billion barrels of oil equivalent have been made at an exploration well in Onshore Block 4 concession
While oil has soared about 45 per cent this year, it slumped more than 10 per cent on November 26, the day after Thanksgiving
“We’re heading toward a phase that could be dangerous if there’s not enough spending on energy,” he said
Dubai aims to become a carbon-neutral economy by 2050
The government said last month it wants to sell shares in 10 companies, and it has been encouraging private and family-owned businesses to follow suit
The 950MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park has investments totalling Dhs15.78bn based on the IPP model
Its revenue increased 12 per cent year-on-year in the first nine months of 2021 to $1.7bn
Gross domestic product expanded by 6.8 per cent compared to the same quarter of 2020
The UAE has committed $400m in funding, provided by the Abu Dhabi Fund for Development, for the Energy Transition Accelerator Financing Platform
The utility has projects valued at around Dhs86bn that are planned to be commissioned in the next five years
Silver’s other role as a key commodity in solar panels and electronics is likely to buoy prices over the longer term
The partnership will see up to 100 per cent of ADNOC’s grid power supplied by EWEC’s nuclear and solar clean energy sources
It involves an investment of SAR700bn, with the minister of energy adding that the initiative will not have an adverse economic impact on oil exporters
While sustainability is the future, digital transformation is a key enabler supporting industries make the transition
The consortium, led by Washington-based EIG Global Energy Partners, may raise at least $4.5bn
The refinery’s export operations have not been affected
Crude has gained more than 60 per cent this year as the roll-out of Covid-19 vaccines lifted movement curbs and, subsequently, oil demand
The UAE will spend over Dhs600bn on renewable energy until 2050