UAE state-owned renewable energy developer Masdar has signed a number of solar PV and renewables agreements in small and emerging global solar markets.
UAE power company Masdar has signed a memorandum of understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to develop up to 10GW of renewable energy projects, including ground-mounted, rooftop and floating solar.
UAE state-owned renewable energy developer Masdar has launched its first US$750 million 10-year green bond, with the proceeds to be invested in renewables, including solar and wind projects.
The UAE should increase its solar PV generation capacity sixfold by 2030, rising to 7.3GW, according to the latest report from the Emirates Water and Electricity Company (EWEC).