Exus Renewables to buy 60% stake in Masdar Portugal wind
ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind...
Tag : renewable energy
UAE and Indonesia presidents talk trade and cooperation
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Indonesian President Prabowo Subianto in Abu Dhabi on Feb. 26, 2026, and the two leaders discussed...
Sheikh Mohamed and Lula review UAE Brazil cooperation
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Brazilian President Luiz Inacio Lula da Silva in Abu Dhabi on Tuesday, Feb. 24, to...
IRENA urges faster renewable growth to meet 2030 energy goals
Record-breaking annual growth in renewable power capacity in 2024 has been confirmed by the International Renewable Energy Agency (IRENA) in its latest Renewable Capacity Statistics...
Global energy demand growth 2024 triggers gas demand spike
Global energy demand increased sharply in 2024, rising by 2.2% and nearly doubling its average annual growth rate of the previous decade, according to the...
UAE, Greece discuss strengthening strategic ties in Abu Dhabi
UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Kyriakos Mitsotakis, Prime Minister of Greece, in Abu Dhabi to explore avenues for strengthening bilateral...
EU records €27.2 billion surplus despite energy deficit
The European Union recorded a trade surplus of €27.2 billion in the final quarter of 2024, continuing a six-quarter streak of positive trade balances, according...
IEA forecasts rapid growth in global power consumption through 2027
Global electricity demand is projected to grow at its fastest rate in recent years, increasing by nearly 4% annually through 2027, according to a new...
OPEC Fund grants €50M loan to boost Türkiye’s green transition
The OPEC Fund for International Development has signed a €50 million loan agreement with the Industrial Development Bank of Türkiye (TSKB) to accelerate investments in...
Austria unveils Industrial Hydrogen Valley to cut industrial emissions
Austria has launched the Industrial Hydrogen Valley (HI2-Valley) initiative to advance industrial decarbonization and accelerate the transition to clean energy. The project aims to establish...