Brooge Energy, Siemens Energy Partner For Solar & Green Hydrogen in UAE Updated On Thu, Feb 16th, 2023 by Saurenergy Cayman Islands-based infrastructure provider Brooge Energy Ltd has announced a partnership through the company’s subsidiary Brooge Renewable Energy with Siemens Energy to build a solar PV farm to supply the Green Hydrogen and Green Ammonia project of Brooge Renewable Energy in Abu Dhabi, UAE. The announcement was made at the World Government Summit 2023 in […] Read more
Islamic Development Bank To Offer Insurance/Finance For RE Projects Updated On Wed, Jan 25th, 2023 by Saurenergy In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […] Read more
Masdar Targets 5 GW of Renewables in Three African Countries Updated On Mon, Jan 23rd, 2023 by Saurenergy UAE flagship renewable energy company Masdar has revealed that it has signed agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 GW. Deals were done under ‘Etihad 7’ initiative, a UAE-led initiative that aims […] Read more
UAE to Invest $2 Billion in Solar Power in Zambia Updated On Wed, Jan 18th, 2023 by Saurenergy In a bid to step-up the renewable energy expansion in the resource-scare continent of Africa, UAE has signed a key agreement with Zambia to provide $2 billion for the development of solar power plants. The said investment is expected to increase the power generation base the southern African country by more than half. Zambia President […] Read more
Masdar, Azerbaijan’s SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects Updated On Wed, Jan 18th, 2023 by Saurenergy Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been […] Read more
UAE’s Masdar to Develop 1 GW Renewable Energy Projects in Kyrgyzstan Updated On Wed, Jan 11th, 2023 by Saurenergy UAE renewable energy conglomerate Masdar has announced that it has signed an agreement with the Ministry of Energy, Kyrgyzstan, to develop a pipeline of renewable projects in the Central Asian country, with a capacity of up to 1 gigawatt (GW). Masdar will first develop a 200 MW solar photovoltaic (PV) plant which is scheduled to […] Read more
Masdar, Jordan’s Ministry of Energy Sign Pact for 2 GW RE Projects Updated On Fri, Nov 18th, 2022 by Saurenergy UAE flagship renewable energy developer Masdar has signed an MoU with Jordan’s Ministry of Energy and Mineral Resources to explore collaboration in renewable energy projects with a total capacity of up to 2 GW. The MoU was signed by Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, and […] Read more
New Commitments for ETAF at COP 27; Developing Countries to Benefit Updated On Tue, Nov 15th, 2022 by Saurenergy In a key development to bolster renewables, three new partners have officially joined the Energy Transition Accelerator Financing Platform (ETAF), IRENA’s global climate finance platform aimed at mobilising capital to scale up renewable project funding in developing countries by 2030. Cooperation agreements with the Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re were signed […] Read more
Masdar, Infinity Joint Venture Powers COP 27 with Green Energy Updated On Tue, Nov 8th, 2022 by Saurenergy There couldn’t have been a better occasion and a symbol for Masdar than to offer green energy coming from renewable sources for COP-27 under UNFCCC. A joint venture between UAE’s flagship RE company and Egypt’s Infinity called – Infinity Power Holding – announced that the solar PV plant it has developed in Sharm El-Sheikh is […] Read more
