DUBAI : Abu Dhabi’s International Holding Co (IHC.AD) on Thursday said it had acquired a 50% stake in Turkey’s Kalyon Enerji for 1.8 billion dirham ($490 million) through one of its subsidiaries. Kalyon Enerji is part of Turkey’s Kalyon Holding, which has interests in construction, energy and aviation. IHC subsidiary International Energy Holding will acquire […]
Abu Dhabi’s IHC invests Rs 15,400 crore in Adani group firms – EQ Mag Pro
Abu Dhabi’s International Holding Company PJSC (IHC) has invested ₹ 15,400 crore ($2 billion) as primary capital in three Adani portfolio companies — Adani Green Energy Ltd (AGEL), Adani Transmission Ltd (ATL) and Adani Enterprises Ltd (AEL). New Delhi: Abu Dhabi’s International Holding Company PJSC (IHC) has invested ₹ 15,400 crore ($2 billion) as primary […]
Abu Dhabi’s Adnoc Starts $3.6 Billion Project to Cut Emissions
Abu Dhabi’s Adnoc Starts $3.6 Billion Project to Cut Emissions…Read More… Source : bloombergquint
Abu Dhabi’s Masdar to develop Armenia’s largest solar power plant – EQ Mag Pro
200 megawatt photovoltaic facility to become nation’s largest utility-scale solar plant and will create several jobs Masdar, a subsidiary of Abu Dhabi’s Mubadala Investment Company, signed an agreement with the government of Armenia to develop a 200-megawatt solar photovoltaic plant, which will be the West Asian nation’s largest utility-scale solar facility. The Ayg-1 project will […]
Abu Dhabi’s Masdar Starts Construction At Indonesia’s First Floating Solar Power Plant
Masdar is taking its clean energy message and investments to new markets. Dubai : Masdar, the Abu Dhabi renewable energy giant, has confirmed that funding for Indonesia’s Cirata Floating Photovoltaic Power Plant is now complete and construction has begun. The plant, set to be the largest floating solar venture in the world, is being built […]
How Accelerating the Pivot to Solar Energy Can Help Mena Countries
Gulf countries have set records for the world’s cheapest solar electricity. The world’s largest solar power plant in Abu Dhabi’s Al Dhafra region. Wam Between 2018 and 2020, the solar power capacity of Vietnam leapt to 16.5 gigawatts from 0.1 gigawatts. In the same period, the sunny Mena region added only 3.1 gigawatts in its […]
Masdar Plans to Complete Design on Hydrogen Project by Year-End
Renewable energy company sees uses for fuel in transport, aviation and shipping, clean energy director says. Abu Dhabi’s renewable energy company, Masdar, is advancing the development of a hydrogen demonstrator project as part of an alliance that includes two other state-backed entities. The project’s design will be complete by the end of the year, the […]
Abu Dhabi’s IHC eyes pioneering solar irrigation system in Egypt
Abu Dhabi-based International Holding Company is building a pioneering solar-powered irrigation system to drive increased energy-efficient agricultural production in Egypt, through its subsidiary, Al Hashemeya Company for Land Reclamation and Cultivation. Al Hashemeya has invested AED1.5 million ($408,280) in setting up the pilot project, which is made of six wells spread over 500 acres, using […]