UAE

UAE’s Masdar acquires 50% stake in US project from EDF Renewables – EQ Mag

April 13, 2023

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It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner in State-owned Masdar, the UAE’s biggest renewables company, has completed the acquisition of a 50% stake in a combined solar and battery storage project in California. In a statement issued by the Abu Dhabi-based operator on Wednesday, the financial […]

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UAE

UAE’s Masdar, Egypt’s Infinity JV buy full stake in Africa’s Lekela Power – EQ Mag

March 23, 2023

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The transaction makes Infinity Power Africa’s largest pure-play renewable power company Infinity Power, a joint venture between UAE’s Masdar and Egypt’s Infinity, has fully acquired Lekela Power, an Africa-based wind power platform. The transaction makes Infinity Power the largest renewable energy company on the African continent, the company said in a statement. Lekela currently operates […]

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UAE

UAE’s COP28 leader: ‘Fight climate change, not each other’ – EQ Mag

February 16, 2023

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DUBAI, United Arab Emirates  : The United Arab Emirates’ pick to lead the upcoming COP28 climate talks in Dubai called on the world Tuesday to “fight climate change, not each other,” directly addressing the anger activists have felt over his selection. Sultan al-Jaber, the CEO of Abu Dhabi National Oil Co., also described the upcoming […]

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UAE

UAE’s Biggest Power Firm Taqa Plans Green Bonds and M&A Deals – EQ Mag

February 16, 2023

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The largest power producer in the United Arab Emirates plans to sell bonds and acquire assets this year, according to the company’s chief executive officer. Bolstered by gains at its oil and gas businesses, the utility known as Taqa wants to aims to expand in renewable energy projects as well as its main industries of […]

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UAE

UAE’s Jaber says COP28 should be practical, leave no one behind – EQ Mag

January 16, 2023

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ABU DHABI : The United Arab Emirates wants the COP28 climate conference it is hosting this year to be practical and show solidarity between the global north and south that “leaves no one behind”, the country’s oil chief and designated COP28 president said. In a speech on Saturday to the Global Energy Forum, Sultan al-Jaber, […]

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UAE

UAE’s Masdar to develop renewable energy projects in Kyrgyzstan – EQ Mag

January 12, 2023

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DUBAI: Abu Dhabi renewable energy firm Masdar has signed an agreement with Kyrgyzstan’s energy ministry to develop clean energy projects with a capacity to generate 1 gigawatt (GW), it said on Tuesday. The pipeline of projects will start with a 200 megawatt solar photovoltaic plant scheduled to begin operations by 2026, Masdar said in a […]

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UAE

UAE’s EWEC announces over 60% of total power demand delivered from renewable energy sources – EQ Mag

January 5, 2023

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The achievement was announced last month, with a generation of approximately 5.5 gigawatts (GW) of the total 8.6GW system power demand being supplied from EWEC’s solar power and nuclear energy plants. Emirates Water and Electricity Company (EWEC) has announced that, for the first time, over 60 percent of the total power supply was delivered from […]

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UAE

UAE’s “Beyond2020” To Provide Solar-Powered Water Sources For Eastern Sudanese Villages – EQ Mag

December 26, 2022

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Based on reports from Zawya News, UAE’s ‘Beyond2020’ humanitarian initiative has provided a safe source of water for about 20,000 residents of the villages of ‘Tawit’ and ‘Tahjr’ in Kassala State, Eastern Sudan. The reports suggest that both villages were provided with two small solar-powered water basins and a groundwater pumping system that can provide […]

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AFRICA

UAE’s AMEA Power to build 120MW solar project in South Africa – EQ Mag

December 19, 2022

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The project will sell electricity to state utility, Eskom, under a 20-year power purchase agreement AMEA Power, Dubai-based developer, owner and operator of renewable energy, has been awarded a 120 megawatts (MW) solar photovoltaic (PV) project in South Africa. The Doornhoek PV project will sell electricity to state utility Eskom, under a 20-year power purchase […]

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UAE

5MW solar plant funded by UAE’s ADFD launched in Seychelles – EQ Mag

December 15, 2022

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The solar plant is expected to help the island nation achieve its target of 15 percent renewable energy by 2030 Seychelles has launched a 5-megawatt (MW) solar PV plant located on its Ile de Romainville island. The project was completed with financing from the Abu Dhabi Development Fund (ADFD). The solar plant is expected to […]

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