Going, going, gone: Mainstream, Actis strike Lekela sale deal
Mainstream Renewable Power and Actis have struck a deal to sell Lekela Power to Infinity Group and Africa Finance Corp. (AFC).
Masdar
ADNOC makes first UK investment with 25% stake in BP H2Teesside hydrogen project
ADNOC, the UAE’s largest energy firm, has acquired a 25% stake in the BP H2Teesside project.
Solar, hydrogen and storage: a heady mix for the Middle East
The Middle East’s oil and gas has put the region at the heart of the energy sector the last 100 years. These resources, plus plentiful sunshine, will see it continue to play a major role into the energy transition – but there will be bumps along the way.
Masdar cements UAE hydrogen position in Egypt
Masdar has signed up to develop green hydrogen in the Suez Canal economic zone. This follows a number of similar agreements from United Arab Emirates-based companies with Egypt.
Bigger Faster Better #2: The future of hydrogen in the UK and UAE
The second episode of Bigger Faster Better explores the future of hydrogen and compares how this crucial low-carbon technology is developing in the UK and the United Arab Emirates (UAE).
RWE wins London Array maintenance contract
The renewables division of RWE has secured a 10-year contract for operations, service and maintenance at the London Array wind farm.
Masdar prepares to “supercharge” with 2030 target
Masdar has ambitious plans to scale up its power capacity and sees the entry of Adnoc and TAQA as set to “supercharge” its business.
Switching off oil and gas too fast will hurt, not help, the energy transition
In climate circles, ‘energy transition’ is the phrase on everyone’s lips. The global effort to shift energy generation away from polluting fossil fuels to clean, green renewables is as massive a challenge as anything the world has faced.
Masdar considers ScotWind opportunities and beyond
Masdar did not win a piece of the ScotWind action this week, but the company is keenly interested in further offshore wind opportunities in the UK.
Masdar signs up TotalEnergies, Engie on green hydrogen plans
Masdar has struck international deals on two of its domestic green hydrogen projects, on the sidelines of Abu Dhabi Sustainability Week (ADSW).
Masdar sets 100 GW renewable energy target for 2030
Masdar aims to be the world’s largest renewable energy company in the world, with a 100 GW target by 2030.
Adnoc, TAQA move on Masdar’s energy, hydrogen units
Adnoc and TAQA have set out a plan to take a leading stake in Masdar’s renewable energy and hydrogen businesses.
A renewable energy ‘Silk Road’
This week, the long-awaited COP26 conference finally got under way, bringing together world leaders to confront the challenge of climate change. But its outcomes, its ability to move the needle forward, is what matters to global citizens.
BP, Adnoc, Masdar tee up energy transition spending
BP, Adnoc and Masdar have teamed up to invest “billions of dollars” in clean and low carbon energy.
UAE eyes first net-zero by 2050 goal among major Petrostates
The United Arab Emirates could become the first nation among the Organization of the Petroleum Exporting Countries (OPEC) to set a net-zero goal, a move that would please Western countries pushing for stronger climate commitments but won't require it to sell less oil.
Petronas talks up New Energy business
Petronas, which has yet to make a firm carbon-neutral pledge, sees significant growth ahead for solar and wind, particularly as a hedge against volatile fossil fuel prices, Jay Mariyappan, head of the state-backed Malaysian company’s new energy business told the APAC power and renewables summit.
UAE’s Masdar hooks up with Malaysia’s Petronas for Asia renewables
Abu Dhabi-based Masdar and Malaysia’s Petronas will work together to pursue renewable energy and green hydrogen projects across Asia and the Middle East.
UAE eager to build bridges to Biden admin
The day before US President Joe Biden was inaugurated in Washington DC, Adnoc’s CEO was speaking in support of the ties that bind the two.
Costs, carbon at heart of Adnoc drive
Adnoc is considering how best to meet the world’s changing energy needs, although oil and gas will “remain at the heart” of the company’s business model, said Sultan Al Jaber.
MENA’s chance at hydrogen exports
The falling cost of renewables offers an opportunity for Middle East and North African states to shift to capitalise on the energy transition – and even export “green molecules” to the world.
Shell’s difficult relationship with UK wind energy
When Shell pulled out of London Array offshore wind project in 2008, it probably didn’t realise it would mean more than 10 years in the UK offshore wind wilderness.
Equinor to share Hywind data with UK renewables sector
Norwegian energy giant Equinor has announced it will share data from its Hywind floating wind farm with the UK renewable energy sector.
Oil giant Saudi Arabia to start first wind-power plant
Saudi Arabia, the world’s biggest oil exporter, is poised to start generating wind power within three years as part of an effort to harness renewable energy to cut local demand for fossil fuels.
Group to push for more UK floating wind projects
Energy firms including Shell and Equinor have joined a new group to push for further deployment of floating offshore wind technology in the UK.
Equinor announces £1.4bn refinancing on Dudgeon Windfarm
Norwegian energy giant Equinor has announced a £1.4 billion refinancing opportunity on the Dudgeon Windfarm project.