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 in Abu Dhabi Future Energy ...
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) revolving construction facility to Yellow Door Energy Limited. A ...
Daily News Wrap-Up: Germany Added 388 MW of Solar Capacity in September
Here are some noteworthy cleantech announcements of the day from around the world: In September 2020, Germany's total solar installations stood at 387.6 MW, a decline of 13 MW compared ...
Masdar, Jinko, and TAQA to Develop UAE’s 2 GW Al Dhafra Solar Project
The Emirates Water and Electricity Company (EWEC) announced that it has awarded the 2 GW Al Dhafra solar PV project to a consortium comprising Abu Dhabi National Energy Company (TAQA), ...
Abu Dhabi Postpones Public Opening of Bids for 1.5 GW of Solar Due to Corona Outbreak
The adverse effects of Coronavirus continues to impact the solar industry around the world. Due to the pandemic, the planned public opening of the commercial tariffs for the 1.5 GW ...
EESL Issues RfP for Partners in UAE to Execute Energy Efficiency and Renewable Solutions
The Energy Efficiency Services Limited (EESL) has invited bids for the selection of strategic partners in the UAE. The main objective of the request for proposal (RfP) is to promote ...
Abu Dhabi’s Masdar Set to Acquire a Minority Stake in India’s Hero Future Energies
Masdar (or Abu Dhabi Future Energy Company) is set to acquire a minority stake in Hero Future Energies Global Ltd. (HFE UK), and Hero Future Energies Private Ltd (HFE India) according to ...
Silk Road Fund Gets 49% Stake in Saudi Arabia’s ACWA Power
Headquartered in Saudi Arabia, ACWA Power, a developer, owner, and operator of power generation and water desalination projects has signed an agreement with Silk Road Fund for a 49% stake ...
World’s Largest Single-Site Solar Project Commissioned at Sweihan, Abu Dhabi
Noor Abu Dhabi, the world’s largest single-site solar power project located at Sweihan which has an installed capacity of 1,177 MW, has been successfully commissioned. The project is a Joint ...
Dubai Electricity and Water Authority Issues 900 MW Solar Tender
Dubai Electricity and Water Authority (DEWA) has issued a request for qualification (RFQ) for development of 900 MW solar PV projects located within the Mohammed Bin Rashid Al Maktoum Solar ...
Aramex Commissions MENA Region’s Largest Solar Rooftop Project of 3.2 MW in Dubai
Aramex, a UAE based logistics solution provider, has inaugurated a 3.2 MW solar photovoltaic (PV) project for its new logistics facility in Dubai, United Arab Emirates. This is the largest ...
Enviromena Constructing 509 MW of Solar Projects in Middle East and Africa
Enviromena Power Systems, a UAE-based clean energy company, has started the construction of 509 MW of solar photovoltaic (PV) projects in the Middle East and North Africa region. “The region ...
UAE Launches Phase Four of the World’s Largest Concentrated Solar Power Project
The United Arab Emirates (UAE) has broken ground on the fourth phase of a solar park that is set to become the world’s largest Concentrated Solar Power (CSP) project. The ...
