Masdar

Soluna Holdings, a developer of data centers powered by renewables, is set to break ground on Project Kati, a 166-MW wind-powered data center campus poised to support Bitcoin hosting and the rapidly growing demand for artificial intelligence (AI) and high-performance computing (HPC) infrastructure. The project, a partnership with EDF Renewables, Masdar, and Spring Lane Capital, […]

Egypt Reducing Renewable Energy Target. Karim Badawi, petroleum minister for Egypt, said the country has cut the amount of renewable energy it will likely have online by 2040. Badawi on Oct. 20, speaking at

Masdar, the Abu Dhabi-based renewable energy major, said it has agreed to buy Greece’s Terna Energy in a €3.2 billion ($3.4 billion) deal. The agreement signed June 20 is one of the largest renewable energy transactions in the history of the European Union. Masdar—also known as Abu Dhabi Future Energy Co.—said Thursday it had a […]

A landmark utility-scale wind project is now operational in the United Arab Emirates (UAE), despite previous concerns that large-scale wind energy is not viable owing to the region’s low wind speeds. Abu

The United Arab Emirates (UAE) is in the midst of an energy transition, moving away from its nearly exclusive use of natural gas-fired power generation to a strategy based on renewable energy resources. The country has an abundance of natural gas, and it also has significant solar power potential. The UAE also is adding nuclear […]

Engie Will Close 1 GW of Coal Generation; Adding Solar, Wind. French energy group Engie in mid-December said it will close 1 GW of coal-fired power generation assets in Peru and Chile over the next five years

The world’s first floating offshore wind farm, located roughly 25 kilometers off the coast of Peterhead, Scotland, powered up October 18, delivering electricity to the Scottish grid. Hywind Scotland was developed by Norwegian oil company Statoil based on the results of an eight-year demonstration project located off the shore of Karmøy, Norway. The new farm […]