In total, the eight projects have created more than 2,000 jobs in the country’s clean energy sector.
Abu Dhabi Future Energy Company (Masdar) is pursuing renewable energy opportunities in the Republic of Armenia, a country with considerable potential for solar and wind energy development.
The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 gigawatts (GW), according to new data released by the International Renewable Energy Agency (Irena) on Tuesday. The annual increase of 7.9 per cent was bolstered by new additions from solar and wind energy, which accounted for 84 per cent of the growth. A third of global power capacity is now based on renewable energy.
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.
Emirates Global Aluminium (EGA), the world’s biggest ‘premium aluminium’ producer, supplied 203 thousand tonnes of waste to other industries as feedstock in 2022.
Shares in India’s Adani Group plunged up to 20% on Friday and the company said it was considering legal action against US-based short-selling firm Hindenburg Research for allegations
Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags.