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
Global renewable capacity surged to 4,448 GW in 2024, with solar and wind leading 96.6% of additions, says IRENA....
Global energy demand growth 2024 triggers gas demand spike
Global energy demand growth 2024 jumped to 2.2%, led by soaring electricity use and record renewable energy deployment....
UAE, Greece discuss strengthening strategic ties in Abu Dhabi
UAE President Sheikh Mohamed bin Zayed Al Nahyan met Greek PM Kyriakos Mitsotakis in Abu Dhabi to discuss enhancing bilateral ties, economic cooperation, and regional...
EU records €27.2 billion surplus despite energy deficit
The EU posted a €27.2 billion trade surplus in Q4 2024, its sixth in a row, led by strong exports in chemicals and machinery despite...
IEA forecasts rapid growth in global power consumption through 2027
Global electricity demand is projected to rise nearly 4% annually through 2027, driven by industrial expansion, transport electrification, and rapid data center growth....
OPEC Fund grants €50M loan to boost Türkiye’s green transition
The OPEC Fund and TSKB signed a €50M loan deal to boost Türkiye’s renewable energy, energy efficiency, and climate adaptation efforts, supporting its net-zero goal...
Austria unveils Industrial Hydrogen Valley to cut industrial emissions
Backed by €578 million investment, Austria's Industrial Hydrogen Valley will enhance green hydrogen output, cutting emissions and advancing industrial decarbonization....