uae

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EWEC Floats Tender for 140 MW Wind Project in Abu Dhabi

Emirates Water and Electricity Company (EWEC) has issued a request for proposal (RfP) to set up the 140 MW Al Sila wind power project in Abu Dhabi, United Arab Emirates....

February 14, 2025

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Melvin Mathew

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Tenders & Auctions

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Wind
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MENA Roundup: Larsen & Toubro Wins EPC Contract for Masdar’s BESS Project

Larsen & Toubro’s renewables business has won Masdar’s engineering, procurement and construction (EPC) contract for the north site a 24/7 solar and battery storage...

February 3, 2025

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Staff

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Finance and M&A

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Solar

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Wind
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MENA Weekly Roundup: ACWA Reaches Financial Close for 1.1 GW Wind Project

ACWA Power, in partnership with HAU Energy, a subsidiary of Hassan Allam Utilities, has achieved financial close for 1.1 GW Suez Wind Farm in Egypt, marking the largest...

January 13, 2025

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Mercom Staff

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Finance and M&A

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Other

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Press Releases
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Opportunities in Gulf Cooperation Council’s Green Hydrogen Ambitions

The Gulf Cooperation Council (GCC) green hydrogen industry is poised for accelerated growth, fueled by improved economic activity. The latest World Bank GCC Economic...

December 24, 2024

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Baset Asaba

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Mercom Research Focus

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Renewable Energy
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Dubai’s Green Hydrogen Project Generates Over 1 GWh Energy

Dubai Electricity and Water Authority (DEWA) has announced that its first green hydrogen project has generated over 1 GWh of green energy. According to the Government of...

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France-based EDF Proposes 5 GW Pumped Hydro Storage Project in UAE

France-based energy company EDF has announced plans to explore the development of a 5 GW pumped hydro storage facility in Ras Al Khaimah, UAE. The proposed facility is...

December 9, 2024

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Baset Asaba

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Energy Storage

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Market & Policy
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UAE’s Masdar Signs Investment Agreement for 1 GW Wind Project in Kazakhstan

UAE-based renewable energy company Masdar has signed an investment agreement with its partners to develop a 1 GW wind energy project in Kazakhstan’s Jambyl region. The...

November 14, 2024

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Baset Asaba

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Markets & Policy

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Wind
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Masdar Acquires 1 GW Renewable Energy Portfolio in Poland

Abu Dhabi Future Energy Company, Masdar, along with Taaleri Energia, a Finland-based renewable energy developer, have acquired eight hybrid renewable energy projects in...

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UAE Banks Prioritize Green Financing to Tackle Climate Change

The UAE Banks Federation (UBF) has disclosed that six major banks, including the First Abu Dhabi Bank, the Abu Dhabi Commercial Bank, the Emirates NBD, the Dubai Islamic...

August 28, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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Renewable Energy
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UAE’s Green Energy Company Masdar Raises $750 Million Through Green Bonds

Abu Dhabi Future Energy Company Masdar has completed its inaugural green bond issuance, raising $750 million by issuing 10-year senior unsecured notes. The offering...

July 19, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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UAE Unveils $54 Billion Investment Plan to Triple Renewables Contribution

The United Arab Emirates’ Cabinet has approved the updated UAE National Energy Strategy, which aims to triple the contribution of renewable energy by 2030, mitigate the...

July 5, 2023

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Arjun Joshi

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Other

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Renewable Energy
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UAE’s Masdar-led Consortium to Develop 10 GW Onshore Wind Farm in Egypt

UAE government-owned renewable energy company Masdar, Infinity Power, and Hassan Allam Utilities have signed an agreement with Egypt’s New and Renewable Energy...

June 7, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Emirates Utility Company Issues Tender for 1.5 GW Solar Project

The Emirates Water and Electricity Company (EWEC) has issued a request for proposal (RfP) to develop a 1.5 GW solar photovoltaic (PV) power project in the Ajban area of...

January 24, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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UAE’s Clean Energy Company Masdar Acquired in a Deal Valued at $1.9 Billion

Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC), and Mubadala Investment Company have entered into binding agreements to acquire a stake...

June 23, 2022

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Vijayalakshmi Sridhar

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Finance and M&A

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Other
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APICORP Extends $50 Million to Yellow Door Energy to Increase its Solar Footprint

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financing institution, announced that it would provide a $50 million (~₹3.6 billion)...

December 11, 2020

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Rakesh Ranjan

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Finance and M&A

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Solar

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