Highlights Solar careers in 2030 will include 124,000 solar PV jobs, 50,000 concentrated solar power (CSP) jobs, and 23,000 jobs for small-scale solar rooftop projects, it added. The GCC will have 40GW of utility-scale PV projects and nearly 200,000 solar power jobs, said the International Renewable Energy Agency (Irena) ahead of the Solar Expo & […]
UAE’s Masdar to Build $100 Million Solar Farm in Uzbekistan
Masdar, a clean energy development company based in Abu Dhabi, agreed to build a 100-megawatt photovoltaic power station in Uzbekistan’s Navoi region. Under the agreement signed on Friday in Tashkent, Masdar will invest up to $100 million in the project, the Uzbek Ministry of Investments and Foreign trade said in a statement. Masdar will design, […]
Abu Dhabi’s Masdar seeks to acquire minority stake in Hero Group’s clean energy arm
Masdar Clean Energy, wholly owned by the Abu Dhabi government’s Mubadala Investment Company, is seeking to acquire a minority stake in the Munjal family-led Hero Group’s clean energy arm. Masdar, also known as Abu Dhabi Future Energy Company, plans to subscribe to equity shares in Hero Future Energies Global Ltd (HFE UK) and non-voting compulsorily […]
Masdar Wins Bid for Uzbekistan first Solar Project
Mubadala Investment Company’s Masdar announced that it is the winning bidder to develop Uzbekistan’s first public-private partnership solar project under the International Finance Corporation’s Scaling Solar programme. Announced by the Ministry of Investments and Foreign Trade of Uzbekistan, Masdar tendered the lowest tariff in the programme’s competitive auction to develop the 100 MW utility-scale solar […]
Abu Dhabi’s Masdar to buy stake in Hero’s Green Energy arm for $150m
Abu Dhabi government-owned energy company Masdar Clean Energy is all set to acquire about 20% stake in Hero Future Energies. Mumbai: Making its entry into renewable energy space in India, Abu Dhabi government-owned energy company Masdar Clean Energy is all set to acquire about 20% stake in Hero Future Energies, the renewable energy arm of […]
Masdar, EDF to establish joint venture energy services company
ABU DHABI: The Abu Dhabi Future Energy Company, Masdar, a subsidiary of the Mubadala Investment Company, and French low-carbon electricity leader, EDF, have signed an agreement to establish a 50:50 joint venture energy services company, ESCO, in order to expand into non-utility scale renewables and energy-efficiency investments in the UAE, GCC region and other emerging […]
EDF and Masdar to build 800 MW concentrated solar power – PV hybrid in Morocco
Combination of PV and concentrated solar power with storage will boost 800 MW plant’s flexibility, says winning consortium. The Moroccan Agency for Solar Energy (MASEN) has announced – after a competitive international bidding process – that the consortium of EDF (through its subsidiary EDF Renewables), Abu Dhabi Future Energy Company- Masdar, and Green of Africa, […]