UAE’s Biggest Clean-Energy Firm Looks at Deals in US, Europe

-

 The United Arab Emirates’ biggest renewable-energy company will make acquisitions and sell bonds as part of a plan to more than double its operations this decade and help the country achieve a net-zero target.


Masdar is interested in acquisitions of power firms in places such as the US and Europe, Chief Executive Officer Mohamed al Ramahi said in an interview at the COP27 climate summit in Sharm el Sheikh, Egypt.


Masdar is owned by Abu Dhabi National Oil Co., wealth fund Mubadala and Taqa, the emirate’s main utility. It recently bought UK-based Arlington Energy, a developer of battery-energy storage. It also signed a memorandum of understanding earlier this year to buy a stake in a BP Plc-led project to make green, or carbon-free, hydrogen in Teeside in the north of England.

Comments

Post a Comment

Popular posts from this blog

Children’s wellbeing in the digital world

-
Image
 The Emirate Safer Internet Society is organizing the first international conference to discuss the protection and safety of Emirati children in order to promote digital well-being with a purpose to create generations qualified to deal responsibility and consciously in the digital world. In this international conference they will have the presence and speech of the Cyber Security Council Dr. Mohammed Al Kuwaiti and also other experts in the field. This is great news for the society who need to start to learn how to live/survive in this digital era, in special the children who are the most vulnerable in the situation.
Read more

Using Astrology as a Tool for Self-Reflection and Personal Growth

-
Image
Astrology, often considered a mystical art, has long been used as a tool for self-reflection and personal growth. While skeptics may question its validity, astrology offers individuals a valuable means of understanding themselves, their emotions, and their relationships with others. In this article, we explore how astrology can serve as a catalyst for self-awareness and personal development. One of the primary benefits of astrology lies in its ability to shed light on an individual's personality traits, strengths, and challenges. By examining the characteristics associated with their zodiac sign, individuals can gain a deeper understanding of their natural inclinations and how they interact with the world. For example, a person born under the sign of Leo might possess leadership qualities and a desire for recognition, while a Pisces individual may be more empathetic and intuitive. By recognizing and embracing these qualities, individuals can tap into their inherent strengths and na
Read more

UAE provided humanitarian aid to the victims of the earthquake

-
Image
 Last week I posted about how  UAE by order of His Highness Mohammed Bin Zayed has ordered an aid package totaling $100 million to help those affected by the earthquake in Syria and Turkey, they were in fact, one of the firsts countries to help them during this crisis. And months ago I also shared with you the multiple humanitarian help that UAE sent to Ukraine, Mauritania, etc. Truth is, UAE is always able and ready to support how need it, no matter what. Their commitment with the world is amazing, no just with the people/governments all around the world, but also with the environment. 
Read more