#renewables

ADNOC, TAQA and Mubadala complete transaction to acquire Masdar stakes

COP28: UAE leads 118 countries-pledge to triple world’s clean power

The key goal would be to slash fossil fuel use this decade while a smaller club of countries plan to scale up nuclear energy.

UAE’s Masdar to co-develop massive 3GW UK wind farm

The $13.9bn project will consist of two 1.5GW offshore wind farms, with Masdar as a key partner in the project.

DEWA’s COP28 stand to focus on sustainability

DEWA’s COP28 stand to showcase sustainability projects

The stand will be located in the Green Zone and it will highlight the company’s efforts in energy, water and renewables

ACWA Power Chairman Mohammad Abunayyan

Saudi’s ACWA Power inks clean energy deals with Chinese firms

In the past, the energy company has partnered successfully with Chinese companies in installing the largest wind turbine in Central Asia among other projects

ACWA Power

Saudi’s ACWA Power granted land for 10GW wind project in Egypt

The power plant is expected to provide the Egyptian economy with $6.5bn in savings in annual natural gas costs and create up to 120,000 job opportunities

COP28 President lays down big agenda for climate change

COP28 President Dr Sultan Al Jaber lays down big agenda items for climate summit

The annual UN climate summits tend to be large, complicated, diplomatic efforts that require a consensus among all nations attending

UAE Egypt sign deal to build 10GW_wind farm Image Masdar

UAE, Egypt ink deal to develop Africa’s largest wind farm, project valued at $10bn

The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030

Masdar, Côte d'Ivoire aim to develop solar power plant Solar-energy_pexels-pixabay-356036

Masdar, Côte d’Ivoire to develop solar power plant

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

Kazakhstan & ACWA Power agreement signed in presence of Abdulaziz bin Salman -

ACWA Power, Kazakhstan to develop key 1GW wind energy and battery storage project

The project marks ACWA Power’s entry into the Central Asian country with an initial investment of $1.5bn

UAE and Austria sign energy partnership

UAE and Austria sign energy partnership

The partnership will focus on projects of mutual interest in refined products, liquefied natural gas, renewables and hydrogen

UAE's Masdar acquires UK-based Arlington Energy to expand footprint

UAE’s Masdar acquires UK-based Arlington Energy to expand footprint

The acquisition will support Masdar’s offshore wind and renewables investment strategy

ADNOC

Abu Dhabi’s ADNOC signs agreements with German companies to collaborate on clean hydrogen

The partnerships build on ADNOC’s position in Asian clean hydrogen markets

Why solar power now makes financial and ecological sense

Renewables are on track to overtake fossil fuels as the world’s largest source of electricity within five years

UAE eyes first net zero by 2050 goal among major petrostates

The UAE is now bidding to host the UN’s global climate talks in 2023

Dubai’s Alcazar Energy weighs sale, green bond as part of review

The company had begun reviewing its options at the start of the year

Covid-19 impact on the regional energy sector: Is it set for a rebound?

In light of historic oil price routs and oversupply triggered by the novel coronavirus, how imminent and optimal is recovery for regional energy markets? Gulf Business speaks to Rita Allan, senior Construction and Projects associate at Pinsent Masons Middle East, to find out more

Covid-19 impact on the power sector – what does the future hold?

In the wake of the pandemic, public and private power companies in the MENA region need to adjust their strategies

Renewables are the only winners in historic decline in energy demand

While all sources of energy — oil, coal, natural gas, and even nuclear — will see a decline, renewable energy is likely to be the bright spot