Cepsa and Masdar, the Abu Dhabi Future Energy Company, are to partner on setting up renewable energy projects in Spain and Portugal, where Cepsa is planning 500-600MW of capacity over the next five years.
Finnish renewables developer and fund manager Taaleri Energia has formed a joint venture with Masdar, the Abu Dhabi Future Energy Company, to develop solar and wind projects in Central and Eastern Europe.
The first three renewable energy projects developed under the US$50 million United Arab Emirates-Caribbean Renewable Energy Fund (UAE-CREF) have broken ground in the Bahamas, Barbados and Saint Vincent & the Grenadines, according to the UAE Ministry of Foreign Affairs and International Cooperation (MOFAIC).
Abu Dhabi-based energy firm Masdar and state-run utility Costa Rican Electricity Institute (ICE) have signed an MoU to share technical knowledge and project experience for renewable energy development.
Masdar, the Abu Dhabi Future Energy Company, has signed a memorandum of understanding with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between South Korea and the UAE.
Saudi’s initial solar bids for the 300MW Sakaka project slipped below two US cents per kWh, but the lowest bid was rejected. We take a look at a claim that its championing of bifacial technology was the root cause.
Spanish multinational oil and gas company Cespa has signed a memorandum of understanding (MoU) with Masdar, Abu Dhabi Future Energy Company, to collaborate on renewable energy ventures, particularly in solar and wind.
A 30% stake in the largest solar power project under development in Jordan has been bought by Taaleri Group, which will participate in the construction and operation of the solar plant alongside the majority shareholder Abu Dhabi Future Energy Company (Masdar).
Saudi Arabia’s omittance of the lowest ever solar bid from the final shortlist of its 300MW solar tender may have been a measure to restore investor confidence in the future of the market, according to a representative of global analyst firm GTM Research.
UPDATED: Saudi Arabia’s Renewable Energy Project Development Office (REPDO) has shortlisted local firm Acwa Power and a consortium led by Japanese conglomerate Marubeni Corporation to develop 300MW of solar PV in Sakaka, Al Jouf.
Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of state utility PLN, and the UAE's Masdar have signed an agreement to develop the world’s largest floating solar project with a capacity of 200MW in Indonesia.