UAE’s Green Energy Producer Plans to Double Capacity This Year

09/12/2023 16:48
UAE’s Green Energy Producer Plans to Double Capacity This Year

The United Arab Emirates’ biggest clean-power producer is planning to double capacity this year, helping bolster the country’s green credentials ahead of a key climate conference.

The United Arab Emirates’ biggest clean-power producer is planning to double capacity this year, helping bolster the country’s green credentials ahead of a key climate conference.

Masdar, the Abu Dhabi-based company which operates projects from the UK to Asia, is targeting boosting global capacity to about 40 gigawatts by the end of the year, Chief Executive Mohamed Jameel Al Ramahi said in an interview. Acquisitions will be a significant part of its strategy of hitting 100 gigawatt by the end of the decade, he said.

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UAE’s Green Energy Producer Plans to Double Capacity This Year

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