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THIS MORNING: More bidders for the Telegraph? + Damac to rely on borrowing for USD 20 bn US data center investment
Plus: FTX disputes Dubai-based Backpack’s acquisition of FTX EU
Amea Power lands two battery energy storage projects in South Africa
The projects will be developed in the North West province
Ewec bags approval for 4.5 GW solar projects + 140 MW wind project
The projects include three solar plants in Al Faya, Al Khazna, and Al Zarraf, and a wind farm in Sila
THIS MORNING: Amea Power eyes desalination, green hydrogen projects in Morocco + New corporate tax compliance exemptions take effect next year
Plus: Dubai Lagoon is under cancellation
Masdar finalizes Saeta acquisition
Masdar is aiming to reach 100 GW of global renewable energy capacity by 2030
Amea’s solar plant in Egypt gets fast-tracked
Plus: Elite Group Holding will develop a 1 mn sqm automotive facility in Dubai Industrial City
DP World’s Drydocks to engineer 2 GW Ostwind grid connection project
The project will connect the Baltic Sea offshore wind farms to Germany’s national grid
Masdar inaugurates 500 MW Zarafshan wind farm
The USD 600 mn plant will power 500k homes and replace 1.1 mn tons of CO2 annually
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