Company Insights Masdar Renewable Energy Masdar News Energy Masdar signs $16bn alliance with Spain’s renewables giant Green energy companies Iberdrola and Masdar announced a €15 billion ($16.3 billion) partnership agreement on Tuesday to explore joint offshore wind and green hydrogen projects across the world. After a co-investment in Baltic Eagle wind farm in Germany, the two parties will invest in the 1,400MW UK East Anglia 3 offshore wind project. The deal, […] December 5, 2023 Video length: 06:23 Banking and Finance How banks are navigating fossil fuel financing Banks are navigating a complex battleground over fossil fuel phase-out: deciding whether or not to fund companies in oil and gas and other high-emitting sectors, they told a Dubai event staged in parallel with the Cop28 summit. The chief executive of ING, the Netherlands’ biggest retail bank, said the company had stopped providing dedicated finance […] December 4, 2023 Renewable Energy Masdar strikes project deals in Angola and Kazakhstan Abu Dhabi state clean energy company Masdar has continued to announce new projects on the sidelines of Cop28 summit in Dubai, focusing on Angola and Kazakhstan. The UAE’s clean energy company signed a concession agreement with Angola’s ministry of energy and water to build and operate a ground-mounted solar power project in the Quipungo region, […] December 3, 2023 Energy Masdar strikes $14bn UK offshore wind farm deal UAE renewables company Masdar has agreed to acquire a 49 percent stake in Germany-based RWE’s twin Dogger Bank South offshore wind projects in the UK, representing an £11 billion ($14 billion) investment, the parties said. The deal was announced at Cop28 in Dubai, as UK prime minister Rishi Sunak pledged £1.6 billion in funding towards […] December 2, 2023 Sustainability World leaders unite after UN secretary general’s warning United Nations general secretary António Guterres has issued a call to arms for hydrocarbon producers across the world and appealed for them to “lead the transition to renewables”. In his address at the opening ceremony of the UN Cop28 in Dubai on Friday morning, Guterres likened the climate challenge to a sickness that only global […] December 1, 2023 Opinion Sustainability Africa should be a prime focus for Cop28 policymakers The continent's climate needs mean it should be seen as a special case November 27, 2023 Renewable Energy UAE opens world’s largest single-site solar plant The UAE’s Al Dhafra project – described by its developers as the world’s largest single-site solar power plant – has been formally inaugurated, with an annual production capacity of 2 gigawatts (GW). The Al Dhafra solar PV (photovoltaic) plant is located 35 kilometres from Abu Dhabi’s capital city. It can generate enough electricity to power […] November 17, 2023 Energy Adnoc Drilling’s new JV targets $1.5bn investments Adnoc Drilling Company and Alpha Dhabi Holding have agreed to establish a joint venture to invest up to AED5.5 billion ($1.5 billion) to acquire companies in the oilfield services (OFS) and energy sectors. A subsidiary of Abu Dhabi National Oil Company (Adnoc) and listed on the Abu Dhabi Exchange (ADX), Adnoc Drilling will own 51 […] November 12, 2023 Energy Masdar consortium to build $1bn solar plant in Saudi Arabia Abu Dhabi state clean energy company Masdar has entered into a consortium agreement to develop a solar power plant in the Madinah province of Saudi Arabia. The group, which also includes France’s EDF Renewables and Saudi-based Nesma Company, submitted the most cost-competitive bid of $16.84 per megawatt hour to win the contract, the companies said […] November 8, 2023 Renewable Energy Scotland looks to Emirates to help fund energy transition Scotland plans to “scale-up” its relationship with the UAE to help fund its transition to net zero, according to Neil Gray, the country’s cabinet secretary for energy. The Scottish minister has been on a visit to the Middle East, strengthening relations between the two countries ahead of Cop28 next month. State-owned Abu Dhabi Future Energy […] October 27, 2023 Posts navigation Previous 1 … 12 13 14 … 26 Next
Energy Masdar signs $16bn alliance with Spain’s renewables giant Green energy companies Iberdrola and Masdar announced a €15 billion ($16.3 billion) partnership agreement on Tuesday to explore joint offshore wind and green hydrogen projects across the world. After a co-investment in Baltic Eagle wind farm in Germany, the two parties will invest in the 1,400MW UK East Anglia 3 offshore wind project. The deal, […] December 5, 2023
Video length: 06:23 Banking and Finance How banks are navigating fossil fuel financing Banks are navigating a complex battleground over fossil fuel phase-out: deciding whether or not to fund companies in oil and gas and other high-emitting sectors, they told a Dubai event staged in parallel with the Cop28 summit. The chief executive of ING, the Netherlands’ biggest retail bank, said the company had stopped providing dedicated finance […] December 4, 2023
Renewable Energy Masdar strikes project deals in Angola and Kazakhstan Abu Dhabi state clean energy company Masdar has continued to announce new projects on the sidelines of Cop28 summit in Dubai, focusing on Angola and Kazakhstan. The UAE’s clean energy company signed a concession agreement with Angola’s ministry of energy and water to build and operate a ground-mounted solar power project in the Quipungo region, […] December 3, 2023
Energy Masdar strikes $14bn UK offshore wind farm deal UAE renewables company Masdar has agreed to acquire a 49 percent stake in Germany-based RWE’s twin Dogger Bank South offshore wind projects in the UK, representing an £11 billion ($14 billion) investment, the parties said. The deal was announced at Cop28 in Dubai, as UK prime minister Rishi Sunak pledged £1.6 billion in funding towards […] December 2, 2023
Sustainability World leaders unite after UN secretary general’s warning United Nations general secretary António Guterres has issued a call to arms for hydrocarbon producers across the world and appealed for them to “lead the transition to renewables”. In his address at the opening ceremony of the UN Cop28 in Dubai on Friday morning, Guterres likened the climate challenge to a sickness that only global […] December 1, 2023
Opinion Sustainability Africa should be a prime focus for Cop28 policymakers The continent's climate needs mean it should be seen as a special case November 27, 2023
Renewable Energy UAE opens world’s largest single-site solar plant The UAE’s Al Dhafra project – described by its developers as the world’s largest single-site solar power plant – has been formally inaugurated, with an annual production capacity of 2 gigawatts (GW). The Al Dhafra solar PV (photovoltaic) plant is located 35 kilometres from Abu Dhabi’s capital city. It can generate enough electricity to power […] November 17, 2023
Energy Adnoc Drilling’s new JV targets $1.5bn investments Adnoc Drilling Company and Alpha Dhabi Holding have agreed to establish a joint venture to invest up to AED5.5 billion ($1.5 billion) to acquire companies in the oilfield services (OFS) and energy sectors. A subsidiary of Abu Dhabi National Oil Company (Adnoc) and listed on the Abu Dhabi Exchange (ADX), Adnoc Drilling will own 51 […] November 12, 2023
Energy Masdar consortium to build $1bn solar plant in Saudi Arabia Abu Dhabi state clean energy company Masdar has entered into a consortium agreement to develop a solar power plant in the Madinah province of Saudi Arabia. The group, which also includes France’s EDF Renewables and Saudi-based Nesma Company, submitted the most cost-competitive bid of $16.84 per megawatt hour to win the contract, the companies said […] November 8, 2023
Renewable Energy Scotland looks to Emirates to help fund energy transition Scotland plans to “scale-up” its relationship with the UAE to help fund its transition to net zero, according to Neil Gray, the country’s cabinet secretary for energy. The Scottish minister has been on a visit to the Middle East, strengthening relations between the two countries ahead of Cop28 next month. State-owned Abu Dhabi Future Energy […] October 27, 2023
