Middle East

By actively engaging in carbon sequestration efforts, the company is helping to mitigate the damaging effects of greenhouse gas emissions and promoting a healthier planet for future generations.

This will increase the capacity to 4,000 MW by 2030.

These will have a cumulative capacity of 3.5GW.

They will also partner for the North Field East LNG expansion project.

They are expected to pay an average tariff rate of $0.98/kWh.

The residential sector comprises 40% of the total demand.

The sector reached the lowest cost of $10.4 per MWh in Saudi Arabia.

The country also targets to cut its generation cost by 15%.

This will support the decarbonisation of Bahrain’s critical industrial sectors.

The consortium will have the right to build, operate and maintain the project for 47 years.

The project meets the long-term needs of the people for the collection and recycling of wastewater.

It will cover the areas of renewables, oil, natural gas, and electricity, amongst others.

Astroenergy will help supply 1,800 for the Mohammed bin Rashid Al Maktoum Solar Park.

All five wind projects will require over $1.18b for their development.

Igneo Infrastructure Partners will remain as a partner in the company.

Countries like the UAE and Saudi Arabia have promoted programmes to boost solar power.