renewable energy

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

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

This discovery has raised hopes of finding additional hydrocarbons to boost the country's energy resources
