United Arab Emirates

Masdar completes acquisition of 70% stake in Terna Energy

Masdar completes acquisition of 70% stake in Terna Energy

It will now seek approval for an all-cash mandatory tender offer to acquire the rest of the shares.

Masdar, Silk Road Fund to invest $2.8b in renewable energy projects

This will focus on projects in Belt and Road Initiative countries.

Tabreed wins at Asian Power Awards 2024

The company was presented with two major awards for its groundbreaking initiatives in renewable energy and game-changing efficiencies.

Masdar to acquire Saeta for $1.4b

This will be finalised by the end of 2024.

Adani Power expands global footprint with new Abu Dhabi unit

It will focus on power and infrastructure investments.

EWEC seeks developers for Madinat Zayed Independent Power Producer

This will provide up to 1.5 GW of backup generation.

EWEC seeks proposals for 2.5GW Taweelah C project

Commercial operation is expected by the third quarter of 2028.

SNOC, Emerge break ground for 60MWp solar plant in Sharjah

This will eliminate 66,000 tons of carbon emissions per annum.

Masdar to buy 67% stake in Greece’s TERNA ENERGY

This will support the UAE-based firm’s goal to reach 100 GW of capacity by 2030.

Masdar-EDF JV switches on 2 solar projects on Yas Island

The two projects have a total capacity of 1.52 MWp.

Masdar consortium secures land for 10GW wind project in Egypt

Infinity Power and Hassan Allam Utilities form part of the consortium.