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Some green finance and decarbonization updates from the UAE
DFSA and HKMA will facilitate green finance flow. Taqa to implement environmental initiatives in UAE. Huade High-Tech will help decarbonize…
Taqa is exploring acquiring stakes in a EUR 1.9 bn Greece-Cyprus interconnection project
Taqa is targeting 150 GW power generation by 2030.
Masdar and ENEC continue to dominate COP28 + Tadweer inks agreements for green construction and SAF
Tadweer boosts waste recycling efforts. Masdar will build a carbon capture plant and partner with SD Ports on green hydrogen.
We have a revised text but still no fossil fuel phase out or phase down
The new draft includes much stronger language on moving away from the dirtiest sources of energy with a target to…
UAE’s Taqa has a rough 3Q with a 30% y-o-y drop in net income
The drop is driven by lower contribution from gas and oil
Taqa partners with Romanian companies to explore the feasibility of a HVDC project
The project proposes a 850 km underground HVDC infrastructure with a 5 GW power transmission capacity
Masdar completes secondary listing of inaugural green bond on ADX
ADX welcomes Masdar’s secondary listing of debut green bond: UAE state-owned renewable energy giant Masdar has marked the secondary listing…
Project update: Adnoc + Taqa’s sustainable water project reaches financial close
Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi’s National Energy Company (Taqa) reached financial close on their USD 2.2…
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