renewable energy
Deal will also likely boost the value of UAE exports by $247 million by 2030, according to official UAE estimates
Expected to begin operations in Q3 2027, the Madinat Zayed project will provide up to 1.5 gigawatts of backup generation
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
