INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

UAE is 6th highest per capita consumer of solar energy in the world

The UAE ranks among the top world leaders in solar energy use.
  • The country has developed solar mega projects, including Shams, Noor Abu Dhabi and Al Dhafra in Abu Dhabi
  • Masdar, the country’s leading renewable energy company, has played a key role in these projects

Abu Dhabi, UAE – The UAE ranks among the top world leaders in solar energy use, according to a recent report published by the Energy Institute Statistical Review of World Energy.

With three of the planet’s largest solar sites, the UAE is the 6th highest per capita consumer of solar energy in the world, behind only Australia, The Netherlands, Japan, Israel and Chile.

The country has developed solar mega projects, including Shams, Noor Abu Dhabi and Al Dhafra in Abu Dhabi, as well as the largest single-site project in the world at Mohammed bin Rashid Al Maktoum Solar Park in Dubai.

Masdar, the country’s leading renewable energy company, has played a key role in these projects, collaborating with key government and private sector partners to further increase solar capacity.

As the UAE gears up to host COP28 at Expo City Dubai from November 30 to December 12, the country is continuing to chart a path toward Net Zero.

COP28 will convene over 70,000 participants, including heads of state, government officials, international industry leaders, private sector representatives, academics, experts, youth, and non-state actors, for the world’s leading climate conference.