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Masdar claims that it is on track to become one of the globe's largest renewable energy business by decade end.

Iraq is tapping into solar power to resolve chronic electricity shortages and access clean energy. With over 70 buildings solarized since 2020, Iraq is leading the way in renewable energy and offering $750 million in zero-interest loans to further its cause.

Oman is inaugurating today the 500-MWac Ibri II photovoltaic (PV) park in the northwestern governorate of Al Dhahirah, which stood for an investment of regarding OMR 155 million (USD 403.1 m/EUR 356m).

Powering 700,000 homes, the 2-GW Al Sadawi solar project in Saudi Arabia sets a new benchmark for giga-scale solar, driving renewable energy goals with cutting-edge technology.

Masdar and SOCAR break ground on 1 GW of renewable energy projects in Azerbaijan, marking a significant step towards their goal of developing up to 10 GW of clean energy by 2030.

Gas exporting powerhouse Qatar’s first utility-scale PV project will be built for what is said to be the lowest-ever price for a solar PPA.

Both solar projects will certainly become part of the very first phase of Noor PV II Programme. AMEA Power will certainly create 2 solar plants each having a capacity of 36 MW.

The solar power project has actually been functional because June and also it has a green energy generation capacity of 800 MW. It will certainly assist supply Qatar's 10 per cent of power needs and avoid 26 million tons of co2 exhaust.

Larsen & Toubro secures contract for massive 1.8 GW solar PV site in Dubai's Mohammed bin Rashid Al Maktoum Solar Park, contributing to the city's ambitious renewable energy goals.

The self-consumption project, being built by EPC contractor Helios Energy, is being realized by the Ministry of Innovative Development. The energy generated will power a free economic zone in the Chust district of the Namangan region.

Dubai intends to create 25% of its power from renewable sources by 2030 as well as take it to 100% by 2050. The city included 700 MW of renewable energy just recently, taking its total RE capacity to 1.62 GW.

Financing for Al-Shuaibah 1 & 2 solar projects secured by ACWA Power at SR8.3 billion. Investment to power 350,000 homes in Saudi Arabia to support Vision 2030 energy goals. Consortium of local, regional, international banks to provide SR6.1 billion in senior debt & SR4.4 billion US-dollar commercial facility. Project to begin commercial operations by Q4 2025.

Taaleri Energia has achieved a second closing of its 6th renewable energy fund, securing EUR 430m for a total of 5.9GW in power generation capacity from onshore wind, solar and battery storage projects across 50 sites. EBRD, EIF & more have contributed to this exciting initiative!

Egypt will certainly soon become a significant worldwide energy hub, according to the nation's elderly authority in the field. The nation inked countless projects in November that would certainly increase its current solar and wind power generation by over 55 GW.

Myanmar approves a new solar project to support the Thadukan industrial zone near Yangon.