SAUDI ARABIA

Last PV module installed at Abu Dhabi’s 2GW Al Dhafra solar power project – Masdar – EQ Mag

April 6, 2023

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More than 3 million solar PV modules have been installed; project to advance to commissioning stage The last photovoltaic (PV) solar module at the 2 gigawatt peak (GWp) Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project in Abu Dhabi has been installed at the site, UAE’s renewable energy company Masdar said in a […]

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UAE

Abu Dhabi’s AD Ports Group to invest $200 mln in Egypt’s Safaga Port – EQ Mag

March 20, 2023

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Abu Dhabi’s AD Ports Group signed a 30-year concession agreement worth $200 million to develop and operate Egypt’s Safaga port, according to a statement released by AD Ports on Saturday. Two additional 15-year agreements, a memorandum of understanding and three head terms concerning ports located in Egypt’s Red Sea region and Mediterranean Sea were also […]

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UAE

Abu Dhabi’s EWEC aims to increase solar power generation capacity – EQ Mag

March 13, 2023

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RIYADH: In line with UAE’s aim to achieve net-zero by 2050, Emirates Water and Electricity Co. has recommended a 606 percent rise in its solar power generation capacity by 2030. In its Future Capacity Requirements report, the Abu Dhabi-based company said it plans to increase its total solar power generation capacity to 7.3 gigawatts, in […]

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UAE

Abu Dhabi’s EWEC eyes 7.3 GW of solar by 2030 – EQ Mag

March 13, 2023

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The report also recommends procuring a minimum of 300MW of battery capacity with a one-hour depth of storage by 2026 ABU DHABI : Emirates Water and Electricity Company (EWEC) today released its latest ‘Statement of Future Capacity Requirements 2023-2029: Summary Report’ for Abu Dhabi’s future water and electricity production. The report recommends that, between 2023 […]

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UAE

Abu Dhabi’s Ewec aims to boost solar power generation capacity by 600% – EQ Mag

March 9, 2023

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Proposed initiatives for end of decade look to reduce utility’s carbon dioxide intensity by 42% Emirates Water and Electricity Company is targeting a 606 per cent rise in its solar power generation capacity by 2030 as the UAE pursues its target of achieving net zero by 2050. The Abu Dhabi-based utility plans to increase its […]

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SAUDI ARABIA

Abu Dhabi’s Masdar confirms participation in 3.3 GW Round 4 of Saudi renewable energy programme – EQ Mag Pro

October 31, 2022

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Company opens an office in Saudi Arabia to strengthen participation in the Kingdom’s renewable energy market Abu Dhabi’s Masdar, with its partners, will participate in the upcoming 3.3 gigawatts (GW) Round 4 of Saudi Arabia’s National Renewable Energy Programme (NREP) spearheaded by the Saudi Power Procurement Company (SPPC), a report by the UAE’s official news […]

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UAE

Abu Dhabi’s IHC acquires 50% stake in Turkish clean energy company Kalyon Enerji – EQ Mag Pro

August 13, 2022

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Kalyon Enerji is owned by the giant Turkish group Kalyon Holding, which operates in the construction, energy and aviation industries Abu Dhabi : based International Holding Company (IHC) announced the acquisition of a 50 per cent stake in Turkish clean energy market leader ‘Kalyon Enerji’ for Dhs1.8bn through its subsidiary, International Energy Holding. Kalyon Enerji […]

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UAE

Abu Dhabi’s Masdar to develop renewable energy projects in Tanzania – EQ Mag Pro

August 6, 2022

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Company signed agreement with TANESCO to add 2GW of renewable energy to support sustainable development in Tanzania Abu Dhabi’s renewable energy company Masdar has signed an agreement with Tanzania Electric Supply Company Ltd (TANESCO) to develop renewable energy projects. The companies agreed to develop projects to add up to two gigawatts (GW) of renewable energy […]

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UAE

Abu Dhabi’s Ruya invests $20m in Saudi power company Energia – EQ Mag Pro

July 27, 2022

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This will enable Energia to acquire new assets, refinance its near-term maturities and focus on its growth initiatives Abu Dhabi-based Ruya Partners, an emerging markets private credit firm, has invested 75 million Saudi riyals ($20m) in Saudi Arabia-based temporary power solutions provider Energia. The capital will enable Energia to acquire new assets, refinance its near-term […]

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UAE

Turkey’s Kalyon in talks with Abu Dhabi’s IHC on energy assets -sources – EQ Mag Pro

June 18, 2022

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Last November, Turkey and the United Arab Emirates signed investment deals worth billions of dollars, including in energy ISTANBUL : Turkey’s Kalyon Holding is in advanced stages of talks with Abu Dhabi’s International Holding Company on setting up a strategic partnership for energy assets, according to people familiar with the issue. A total of four […]

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