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Abu Dhabi Future Energy Company

Solar-led renewable energy system could free up 10% of Caribbean nation’s GDP

A mix of solar and wind power can help Antigua and Barbuda to an almost-90% renewable energy system, and green hydrogen could then show the path to hitting the national ambition of 100% green power by 2030, and net zero by 2050.

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Sheikh Mohammed opens third phase of park bearing his name

The latest 800 MW of the 5 GW solar field to go live takes Dubai past its 2020 clean energy target of 7% by ensuring 9% of the emirate’s power comes from clean sources, according to the Dubai Water and Electricity Authority.

Multilateral lenders finance Armenia’s biggest PV plant

It has been two years since Fotowatio Renewable Ventures won the bid to develop the 55 MW site and with finance finally secured, the build can go ahead.

Masdar inks MoU to develop 300 MW of solar in Armenia

The Armenian solar market has been somewhat slow to take off, but it could be experiencing a serious push, following an announcement that Abu Dhabi-based energy company Masdar plans to deploy 500 MW of solar and wind capacity in the country.

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Abu Dhabi’s Masdar vies for stake in Indian developer Hero Future

State-owned Masdar Clean Energy is in talks to acquire a 30-35% stake in Hero Future Energies. With the stake sale, the renewable energy arm of Hero Group expects to raise $300-350 million for its expansion into global markets, according to reports.

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Cepsa and Masdar ink agreement for 600 MW of renewables in Iberia

The energy companies have signed a partnership agreement to expand their portfolios on the Iberian peninsula. Spain and Portugal have ambitious decarbonization plans requiring large capacities of renewable energy resources in the years to come. Spain’s PV market could reach 6 GW this year.

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