#Renewable Energy

UAE net zero carbon

UAE reveals Net Zero 2050 Strategic Initiative

The UAE will spend over Dhs600bn on renewable energy until 2050

Dumat Al Jandal wind farm

Trials successful on Saudi Arabia’s first wind farm; connected to electricity grid

UAE’s Masdar has partnered on the construction of the 400MW Dumat Al Jandal facility

Renewable energy investment rose to a record in first half

Investment in solar projects was up 9 per cent to a record $78.9bn in the first half

Leading oil producer UAE says case for renewables never stronger

The country plans to be at the forefront of the transition to greener energy and the fight against climate change

Masdar Azerbaijan solar power

UAE’s Masdar inks deal for mega solar power project in Azerbaijan

The 230-megawatt project is Azerbaijan’s first foreign investment-based independent solar project structured as a public-private partnership

Three important future trends to look out for in 2021

Countries need to tackle vulnerabilities in their economies, embrace innovation and move towards a more digital future

china oman

BP sells Oman stake to Thai firm in $25bn divestment drive

The deal should help BP deliver on its goal of selling $25bn of assets by 2025

Saudi Arabia aims to become next Germany of renewable energy

The kingdom is working with many countries on green and blue hydrogen projects

Abu Dhabi Fund for Development ends 2020 with Dhs117.3m worth of projects

The projects injected 14.38MW into the electric grids of five partner countries

Dubai gets Arab Gulf’s first, and perhaps last, coal power plant

Dubai is starting up the $3.4bn Hassyan coal plant, with capacity being increased from an initial 600 mega watts to 2,400 by 2023

Egypt prepares to issue region’s first green sovereign bond

Egypt seeks to raise $500m from the offering

Bee'ah Solar Farm Sharjah

Bee’ah to launch Middle East’s first solar energy landfill project in Sharjah

The project will be able to generate more than 42 megawatts of energy per year