UAE plans massive investment to meet sustainable energy demands and net-zero targets
Sustainable energy
Masdar outlines sustainability achievements as advanced pipeline capacity grew 58% in 2023
Masdar launches Sustainability Report as it grows clean energy capacity
Green skills: Equipping the workforce for a sustainable future
Developing green skills is not exclusively about gaining the skills required to solve the climate crisis, it is about empowering people to make informed decisions with the environment in mind
UAE-based Positive Zero to drive energy transition across GCC with $400mn BlackRock investment
The agreement between Positive Zero and BlackRock was signed at the conclusion of the 28th Conference of the Parties (COP28) in Dubai
Masdar signs pact with Malaysian Investment Development Authority to invest $8bn in renewable energy projects
MIDA will facilitate Masdar to develop up to 10 GW of projects which will include ground mounted, rooftop and floating solar power plants, onshore wind farms and battery energy storage systems by 2035
Why businesses need to plan ahead on energy
The interdependence of global energy markets means that disruptions in one region can have far-reaching effects worldwide. To safeguard operations, countries and businesses must diversify energy sources and reduce reliance on single suppliers
The private sector needs to get on board for the Middle East to hit net zero climate goals
Embracing sustainability is not just a moral imperative but essential for protecting livelihoods, biodiversity and ensuring long-term regional growth and prosperity
Sheikh Mohammed inaugurates 5th phase of Solar Park
The phase will supply 900MW and will provide clean energy to around 270,000 residences in Dubai
Saudi Arabia’s NEOM reveals new $8.4bn master plan
Located at Oxagon, the NEOM Green Hydrogen Company (NGHC) facility will be the world’s largest commercial-scale green hydrogen production facility
Moving towards a circular economy
The UAE is primed to drive the move to the circular economy
What can we expect the key trends to be for ESG investing 2023: A GCC perspective
ESG and the environment looks set to remain at the top of the agenda
Masdar signs joint development agreements with Azerbaijan’s state oil company to develop wind, solar projects
Masdar is also developing the 230-megawatt Garadagh Solar PV Plant in Azerbaijan
UAE names Cop28 President-Delegate
The UAE has named Dr. Sultan Ahmed Al Jaber as President-Designate for Cop28
Dubai Chamber of Commerce launches solar, renewable energy business group
Business groups play a crucial role in recommending policy changes to improve a sector’s competitiveness and attractiveness, while promoting international best practices and supporting economic growth
ADNOC acquires 24.9 percent stake in OMV, a Global 500 company
Financial details not disclosed, but the Vienna-headquartered company has nearly $35 billion annual revenue, and a majority stake in Borealis and Borouge
Carbon neutrality is only possible if we work together
With COP27 in the rear view mirror, it’s time to focus on achieving carbon neutrality
Mubadala, ADNOC, TAQA complete landmark transaction for stake in Masdar
New Masdar to play central role in delivering the UAE’s Net Zero by 2050 Strategic Initiative