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System will support EWEC's goal of raising its solar capacity to 7.5 gigawatts by 2030
Emirati company Al Nowais will launch the solar energy project in the Aswan Governorate's Kom Ombo by October
The VLECs will be deployed on 20-year time charter contracts, generating an estimated $4 billion in revenue
Share of renewable source in global electricity supply is forecast to rise from 30 percent in 2023 to 35 percent in 2025
The Estidama 5 Pearl rating signifies excellence in sustainable design
This discovery has raised hopes of finding additional hydrocarbons to boost the country's energy resources
Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022
The dialogue seeks to boost bilateral trade and economic diversification initiatives
His Highness met with heads of global energy companies to discuss the future of the sector
EAD and its partners completed 14 programs with a progress implementation rate of 49 percent
Solar power plant will generate enough clean energy to offset 66,000 tons of carbon dioxide emissions annually
Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean
Key projects include the Mohammed bin Rashid Al Maktoum Solar Park, which aims for 5,000MW by 2030 at AED50 billion
ADNOC aims to achieve a 5 percent energy efficiency improvement by 2025
Initiative falls under Sharjah Taxi's ambitious plan to achieve a 100 percent eco-friendly fleet by 2027
Partnership further supports UAE-China trade ties and the Belt and Road Initiative
Summit will be held under the theme ‘Empowering Global Action: Unlocking Opportunities and Advancing Progress'
As of the end of June, the country’s foreign reserves stood at $412.21 billion
As part of this collaboration, EAD and TotalEnergies will research, monitor, and evaluate Abu Dhabi's coastal ecosystems
Month-on-month prices reached up to $416.57 per ton in June, compared to $270.83 per ton previously
With a cumulative capacity of 708 watt/capita, the UAE ranked 10th globally and first MEA country on the list
The stations seek to measure solar and wind energy across all regions of the Kingdom
Energy transition stalls as global primary energy demand rises to 620 Exajoules in 2023
Offer values Terna Energy's total equity at 2.4 billion euros with an enterprise value of 3.2 billion euros
