{"id":100161,"date":"2025-01-29T00:00:00","date_gmt":"2025-01-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/the-uaes-mega-renewables-projects-are-getting-attention\/"},"modified":"2025-01-29T00:00:00","modified_gmt":"2025-01-29T00:00:00","slug":"the-uaes-mega-renewables-projects-are-getting-attention","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/01\/29\/the-uaes-mega-renewables-projects-are-getting-attention\/","title":{"rendered":"The UAE\u2019s mega renewables projects are getting attention"},"content":{"rendered":"

Masdar\u2019s <\/strong>USD 6 bn 5 GW solar project<\/a><\/strong>, announced at Abu Dhabi Sustainability Week, is <\/strong>putting the UAE\u2019s renewables ambitions on the map<\/strong>, with the Financial Times<\/a> spotlighting its projects along with those of its neighbor Saudi Arabia, which is also making investments into large-scale renewables projects. <\/p>\n

The two GCC <\/strong>countries are growing their renewable energy reserves through ongoing megaprojects to be used for their domestic electricity<\/strong>, freeing up more oil and gas for exports, the salmon-colored paper reports.<\/span><\/p>\n

PLUS- The UAE has the competitive edge to make it a global renewables player:<\/strong> The UAE\u2019s energy players, most notably Masdar, are capitalizing on extensive solar resources, ease of access to manufacturers, and the presence of commercial banks offering funding to make green energy sources equivalent in cost to gas or cheaper, Masdar\u2019s chief financial officer Mazin Khan said. <\/p>\n","protected":false},"excerpt":{"rendered":"

The UAE and Saudi Arabia are growing renewable energy reserves for domestic electricity and freeing up more oil and gas for exports<\/p>\n","protected":false},"author":1,"featured_media":100162,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1551],"tags":[7,171,211,41],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uae-in-the-news","tag-enterpriseam-uae","tag-masdar","tag-renewables","tag-uae-in-the-news","wpautop","entry"],"acf":{"mongo_id":"b2fc071c-ff2d-4c34-a4ee-e30a490d271a","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/1\/2096.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The UAE\u2019s mega renewables projects are getting attention","related_issue":[100141],"teaser":"The UAE and Saudi Arabia are growing renewable energy reserves for domestic electricity and freeing up more oil and gas for exports","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.951c721e-64de-4c9a-9813-f30cdae7bc29.mp3"},"yoast_head":"\nThe UAE\u2019s mega renewables projects are getting attention - 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