Proceeds from the bond offerings will be deployed towards projects in the renewables sector, namely solar, wind, renewable power transmission and distribution infrastructure, and battery storage assets
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
Dr Sultan Al Jaber, Masdar chairman and COP28 President-Designate, has been meeting global leaders to build consensus toward solutions that can deliver an equitable energy transition
The green bonds sale will help fund an effort to boost renewable energy generation capacity five-fold by the end of the decade
The alliance aims to establish national cooperation in decarbonisation efforts, develop frameworks for carbon financing and increase knowledge of the carbon market
Kazakhstan aims to become carbon neutral by 2060 and is targeting renewable electricity generation of 50 per cent by 2050
The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030
Uzbekistan, which aims to achieve 25 percent of its energy mix from renewables by 2030, is a strategic destination for Masdar
The agreement marks a collaboration between the two companies focusing on sustainable aviation fuels, green hydrogen and direct air capture technologies
The companies will assess joint participation possibilities in renewable energy and explore collaborative opportunities in renewable energy generation
It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner in, with a combined capacity of 1.6 gigawatts
Ahead of COP28, the forum will explore innovations and economic opportunities supporting global efforts to net zero emissions by 2050
The projects have a combined capacity of around 900 MW and they will power more than one million homes
Lekela Power currently operates 1GW of wind power projects in South Africa, Egypt and Senegal, and has a 1.8GW project pipeline in different stages of development
The plant would support the Republic of Côte d’Ivoire’s goal of 42 per cent of its energy mix coming from renewable sources by 2030
The Baynouna Solar Park produces over 560 gigawatt-hours of energy annually – enough to power 160,000 homes
The framework will look at accelerating the adoption of distributed photovoltaic systems, and the development of innovative new technologies and business models in emerging markets
Masdar will work closely with the government and other stakeholders in Azerbaijan to accelerate the growth of its renewable energy sector
The bilateral initiative, which will officially launched during COP28, will focus on low-carbon hydrogen and sustainable fuel production and their respective value chains
The consortium has zoned in on the methanol-to-jet pathway as its chosen technology route
The entities will jointly conduct a feasibility study for the region’s first project to produce sustainable aviation fuel using renewable hydrogen and municipal solid waste
The firm plans to grow its renewables capacity five-fold by the end of the decade
The three entities will explore the development of a new accelerator programme focused on AI to encourage more MBZUAI graduates to start successful businesses
Masdar will work closely with the Kazakhstan Investment Development Fund Management Company and the Kazakh Ministry of Energy on the project
The agreements will help develop onshore wind and solar projects, and integrated offshore wind and green hydrogen projects, with a combined capacity of 4 gigawatts
A summit highlight is the new one-day ENOWA ENACT conference on January 17 from the energy, water, and hydrogen subsidiary of NEOM
The Y4S Hub will include an ‘Out-of-Labs’ workshop, showcasing nine innovation projects developed by UAE-based university students
Together, the parties will explore several hydrogen transportation methods, with a focus on liquid organic hydrogen carriers and liquid hydrogen
The two companies will build a plant that will run on almost 1.3 gigawatts of solar power and is expected to produce hydrogen from 2026