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Masdar Acquires 1 GW Renewable Energy Portfolio in Poland

Abu Dhabi Future Energy Company, Masdar, along with Taaleri Energia, a Finland-based renewable energy developer, have acquired eight hybrid renewable energy projects in...

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UAE Banks Prioritize Green Financing to Tackle Climate Change

The UAE Banks Federation (UBF) has disclosed that six major banks, including the First Abu Dhabi Bank, the Abu Dhabi Commercial Bank, the Emirates NBD, the Dubai Islamic...

August 28, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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Renewable Energy
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UAE’s Green Energy Company Masdar Raises $750 Million Through Green Bonds

Abu Dhabi Future Energy Company Masdar has completed its inaugural green bond issuance, raising $750 million by issuing 10-year senior unsecured notes. The offering...

July 19, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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UAE Unveils $54 Billion Investment Plan to Triple Renewables Contribution

The United Arab Emirates’ Cabinet has approved the updated UAE National Energy Strategy, which aims to triple the contribution of renewable energy by 2030, mitigate the...

July 5, 2023

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Arjun Joshi

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Other

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Renewable Energy
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UAE’s Masdar-led Consortium to Develop 10 GW Onshore Wind Farm in Egypt

UAE government-owned renewable energy company Masdar, Infinity Power, and Hassan Allam Utilities have signed an agreement with Egypt’s New and Renewable Energy...

June 7, 2023

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Gautamee Hazarika

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Markets & Policy

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Wind
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Emirates Utility Company Issues Tender for 1.5 GW Solar Project

The Emirates Water and Electricity Company (EWEC) has issued a request for proposal (RfP) to develop a 1.5 GW solar photovoltaic (PV) power project in the Ajban area of...

January 24, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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UAE’s Clean Energy Company Masdar Acquired in a Deal Valued at $1.9 Billion

Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC), and Mubadala Investment Company have entered into binding agreements to acquire a stake...

June 23, 2022

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Vijayalakshmi Sridhar

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Finance and M&A

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Other
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APICORP Extends $50 Million to Yellow Door Energy to Increase its Solar Footprint

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financing institution, announced that it would provide a $50 million (~₹3.6 billion)...

December 11, 2020

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Rakesh Ranjan

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Finance and M&A

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Solar
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Daily News Wrap-Up: Germany Added 388 MW of Solar Capacity in September

Here are some noteworthy cleantech announcements of the day from around the world: In September 2020, Germany’s total solar installations stood at 387.6 MW, a...

November 3, 2020

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Harsh Shukla

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Other

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Renewable Energy
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Masdar, Jinko, and TAQA to Develop UAE’s 2 GW Al Dhafra Solar Project

The Emirates Water and Electricity Company (EWEC) announced that it has awarded the 2 GW Al Dhafra solar PV project to a consortium comprising Abu Dhabi National Energy...

August 1, 2020

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Staff

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Solar

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Utility Scale
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Abu Dhabi Postpones Public Opening of Bids for 1.5 GW of Solar Due to Corona Outbreak

The adverse effects of Coronavirus continues to impact the solar industry around the world. Due to the pandemic, the planned public opening of the commercial tariffs for...

April 3, 2020

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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EESL Issues RfP for Partners in UAE to Execute Energy Efficiency and Renewable Solutions

The Energy Efficiency Services Limited (EESL) has invited bids for the selection of strategic partners in the UAE. The main objective of the request for proposal (RfP)...

January 24, 2020

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Rakesh Ranjan

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Energy Efficiency

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Other
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Abu Dhabi’s Masdar Set to Acquire a Minority Stake in India’s Hero Future Energies

Masdar (or Abu Dhabi Future Energy Company) is set to acquire a minority stake in Hero Future Energies Global Ltd. (HFE UK), and Hero Future Energies Private Ltd (HFE...

November 1, 2019

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Nithin Thomas

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Finance and M&A

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Solar

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Uncategorized
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Silk Road Fund Gets 49% Stake in Saudi Arabia’s ACWA Power

Headquartered in Saudi Arabia, ACWA Power, a developer, owner, and operator of power generation and water desalination projects has signed an agreement with Silk Road...

July 5, 2019

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Anjana Parikh

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Finance and M&A

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Other
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World’s Largest Single-Site Solar Project Commissioned at Sweihan, Abu Dhabi

Noor Abu Dhabi, the world’s largest single-site solar power project located at Sweihan which has an installed capacity of 1,177 MW, has been successfully commissioned....

July 4, 2019

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Soumik Dutta

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Solar

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Utility Scale

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