renewable energy
The MoU secures a long-term supply of renewable energy from a large onshore wind project in Ras Ghareb, Egypt
Sustainable investments to see growth with ample demand
TAQA's revenues rose 2 percent annually to AED27.2 billion mainly due to the contribution from SWS Holding
Agreement follows the successful test flight at COP28 that demonstrated the potential for converting methanol to SAF
The two countries agreed to develop economic partnership
Through the virtual power plant project, DEWA has integrated over 8 DERs with a total flexibility of around 3.3 MW
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
