ADFD and Cuban officials inaugurated the new 10 megawatt solar PV project.
Emirates Water and Electricity Company (EWEC), has announced that ‘Noor Abu Dhabi’, the world’s largest single solar project, with a capacity of 1,177MW, has started commercial operation.
As the UAE capital hosted the Abu Dhabi Climate Meeting over the past two days, Chairman of the Abu Dhabi Department of Energy (DoE) Awaidha Al Marar stated that Abu Dhabi is a leading international partner in combating climate change and finding solutions to preserve the global ecosystem. The preliminary meeting was held in the lead up to the UN 2019 Climate Summit (Cop25) to be held in New York in September.
Swedish solar energy company Azelio has partnered with Abu Dhabi Future Energy Company (Masdar) and Khalifa University of Science and Technology (KUST) to run a pilot project evaluating new technology in power storage.
World stock markets declined further and oil headed for a double-digit weekly slide on Friday as jitters over a rising global COVID-19 infection rate and next week’s US presidential election more than offset strong euro zone quarterly growth data.
Dubai Electricity and Water Authority (Dewa) maintained its work progress at 100% without recording any electricity or water interruptions for all Dubai residents over the past few months.
According to the World Gold Council’s latest Gold Demand Trends report the global gold demand dropped by 19 per cent year-on-year to 892 tonnes in third quarter of 2020, as consumers continued to feel the impact of the COVID-19 pandemic.
The US economy grew at a record pace in the third quarter as the government injected more than $3 trillion worth of pandemic relief which fueled consumer spending, but the deep scars from the COVID-19 recession could take a year or more to heal.