Abu Dhabi-based renewables company Masdar has set up a new joint venture (JV) that will focus on developing renewable energy projects across Eastern Europe, Central Asia and Africa.
Indonesia could host up to 1.2GW of solar PV that would export electricity to Singapore as part of new proposals put forward by a coalition of four international companies.
Abu Dhabi-based renewables company Masdar has secured a deal to develop a solar project in the country of Georgia that will have a capacity of up to 100MW.
A round-up of the latest project news from across the world, including Masdar’s plans to develop solar in Armenia, TotalEnergies completing its largest project in France and Shikun & Binui expanding its US energy portfolio.
Shortlisted bids in Saudi Arabia’s latest solar tender have jumped significantly on the lowest price recorded in the country’s previous renewables programme, reflecting the hikes in PV equipment costs in recent months.
BP, Abu Dhabi National Oil Company (ADNOC) and Masdar have partnered up to develop low carbon hydrogen hubs and create decarbonised air travel corridors between the UK and UAE in a deal that will see “billions” of dollars of investment.
Construction work on a 145MWac floating solar project in Indonesia has started after the joint venture (JV) behind the installation reached financial close.