UAE, Japan sign 23 deals during PM Kishida’s visit to Abu Dhabi
The UAE and Japan have inked 23 agreements and memoranda of understanding (MoUs) during the UAE-Japan Business Forum, which was held today. The agreements aim to bolster economic, trade and investment ties between the two countries in the fields of energy, industry, advanced technology, artificial intelligence, space, health, transport, environmental conservation and circular economy. […]
Mohammed bin Rashid Al Maktoum Solar Park: A global model for clean energy leadership
The UAE is among the largest countries in the world to invest in clean and renewable energy projects and was the first country in the Middle East and North Africa to launch a strategic initiative to achieve net-zero carbon emissions by 2050. During the Year of Sustainability, it hosts the Conference of the Parties […]
Abu Dhai’s Mubadala invests in CoolIT Systems alongside KKR
Mubadala Investment Company has announced that it invested alongside investment funds managed by KKR, a leading global investment firm, in the acquisition of CoolIT Systems (CoolIT), which was announced on 2nd May 2023. Headquartered in Calgary, Canada, with operations across North America, China and Taiwan, CoolIT specialises in scalable liquid cooling solutions for the world’s […]
EDB sets $27.23mln for food security; launches AgriTech loans
Emirates Development Bank (EDB) is set to allocate a substantial AED100 million ($27.23 million) for UAE’s food security sector besides launching the country’s first-of-its-kind AgriTech Loans Programme. The programme offers green- and brownfield project financing, CAPEX and working capital financing, and medium-term loans or working capital amounts of up to AED5 million with competitive rates […]
Masdar plans huge increase in clean energy capacity
Abu Dhabi Future Energy Company (Masdar) has announced that it has nearly doubled its clean energy capacity and CO2 displacement in just two years and is on track to fulfil its ambition of becoming one of the world’s largest renewable energy companies by 2030. According to the company’s Sustainability Report, Masdar achieved a clean […]
SirajPower completes Al Tajir Glass solar rooftop project
SirajPower, a leading distributed solar energy provider in the region, has announced the completion of work on the solar rooftop project within the Al Tajir Glass Industries’ facility in Jebel Ali Industrial Area, Dubai. Announcing the successful commissioning of the plant, SirajPower said it was now fully operational and would be generating 4.6GWh […]
COP28 President-Designate convenes CEO decarbonisation roundtable at UAE Climate Tech Forum
COP28 President-Designate Dr. c convened a CEO roundtable on the sidelines of the UAE Climate Tech forum, bringing together oil and gas, heavy emitting industries, technology providers, bankers and financial institutions to discuss, debate and find tangible solutions to address the urgent need for decarbonisation and emissions reduction. The roundtable follows the call to […]
UAE Climate Tech forum kicks off in Abu Dhabi with 1,000 technology and climate leaders
The UAE Climate Tech forum, with the participation of over 1,000 policymakers, CEOs, experts, specialists, technology sector leaders and investors from around the world, kicked off today at the Abu Dhabi National Exhibition Centre. The two-day event, organised by the Ministry of Industry and Advanced Technology (MoIAT) in partnership with ADNOC and Abu Dhabi […]
Abu Dhabi’s EAD completes measurements of City Biodiversity Index
The Environment Agency – Abu Dhabi (EAD) has completed the measurement process for the City Biodiversity Index in Abu Dhabi City, as part of efforts to measure its success in preserving biodiversity. The index, also known as the Singapore Cities Biodiversity Index, aims to help cities achieve sustainable development, with biodiversity and people growing […]
EWEC to conduct its Q2 2023 Clean Energy Certificates auction
Emirates Water and Electricity Company (EWEC) has announced the Q2 auction for Clean Energy Certificates (CECs), which is set to be conducted in Abu Dhabi, with registration now open and the auction closing on 14th June 2023. As the registrant and auction operator, EWEC is responsible for implementing the CECs scheme. It offers a viable […]