Tag: renewable energy

Construction & Real Estate

Ewec, Masdar tie-up to rapidly scale up renewable energy projects

Emirates Water and Electricity Company (Ewec) has entered into a strategic collaboration framework agreement with Abu Dhabi Future Energy Company (Masdar) to set up a roadmap for the accelerated deployment of utility-scale renewable energy projects. ...

Construction & Real Estate

Abu Dhabi's Global South Utilities boosts Africa renewables portfolio

Abu Dhabi-based Global South Utilities (GSU) has achieved several major milestones in 2025, including the expansion of its renewable energy portfolio across Africa, thus contributing to powering more than 500,000 homes. In Egypt, it was part of an international consortium to develop a $220m solar plant facility. ...

Construction & Real Estate

Power Grid inks $158.7m contract for key Kuwait power project

Kuwait's Power Grid Company has awarded a contract for the development of a 400 kV Overhead Transmission Line (OHTL) at the Al Shaqaya Solar Power Generation Station. It is mainly aimed at linking the station to the main substation in Al Wafra. ...

Construction & Real Estate

Saudi Arabia spearheading regional green building sector growth

Saudi Arabia has emerged as a regional leader in green building sector, achieving the highest performance score of 76.3 points and clocking 1.03 million sq m of certified areas. This shift is backed by a robust network of 7,300 experts and a cumulative portfolio of 6,662 projects. ...

Construction & Real Estate

Masdar consortium achieves financial close for major Oman clean energy project

Abu Dhabi renewable energy group Masdar, said along with consortium partners - Al Khadra Partners, Korea Midland Power Company (Komipo) and OQ Alternative Energy - it has achieved the financial close for Ibri III, the first utility-scale solar and battery storage project in Oman. ...

Construction & Real Estate

Nesma lands Expo 2030 Riyadh main utilities, civil works package

Nesma and Partners, a leading provider of integrated project solutions, has secured the main utilities and civil works package for Expo 2030 Riyadh. The scope of work includes construction of roads within the Expo site and installation of essential utilities....

Construction & Real Estate

Kuwait issues RFPs for 500MW renewable energy projects

The Kuwait Authority for Partnership Projects has issued Request for Proposals to qualified bidders for the development of Al Dibdibah Power and Al Shagaya Renewable Energy (Phase III – Zone 2) Solar PV IPP project with a total capacity of 500MW. ...

Construction & Real Estate

Global renewable energy investments hit $807bn in 2024

Global investments in the energy transition reached a new record of $2.4 trillion in 2024, up 20% from the average annual levels of 2022/23. About one-third was directed towards renewable energy technologies, pushing the key sector's investment to $807 billion, said a report....

Construction & Real Estate

RIQ, Masdar join forces to boost risk transfer for clean energy projects

RIQ, the AI-native reinsurance platform purpose-built for the future of global risk transfer and a subsidiary of IHC, has signed an agreement with Abu Dhabi-based Masdar to design tailored capital efficient reinsurance solutions for renewable energy infrastructure....