Browsing: clean energy

Abu Dhabi’s sovereign wealth fund, ADQ, has partnered with Orion Resource Partners to establish a joint venture focused on metals and mining, ADQ announced on Thursday. This initiative aligns with the fund’s strategy to expand its critical minerals portfolio.

Emirates Nuclear Energy Company (ENEC) has launched ENEC Consulting, a strategic advisory subsidiary aimed at supporting the global expansion of civil nuclear energy programmes and infrastructure. This move follows ENEC’s rebranding efforts and its ambition to become a global leader in nuclear energy solutions. The new subsidiary will leverage over 15 years of experience, particularly from the successful delivery of the UAE Peaceful Nuclear Energy Programme and the Barakah Nuclear Energy Plant, which achieved full-fleet operations in September 2024.

Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has reaffirmed the company’s ambitious objective of reaching 100 gigawatts (GW) of clean energy capacity worldwide by 2030.

Today, Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment, participated in the 15th IRENA Assembly in Abu Dhabi, where she reaffirmed the UAE’s commitment to accelerating the global energy transition through collaboration and strategic partnerships.

ADNOC has strengthened its partnership with Malaysia’s PETRONAS by finalising a second 15-year sales and purchase agreement (SPA) for liquefied natural gas (LNG) from the Ruwais LNG project. The agreement converts an earlier heads of agreement (HoA) into a binding deal, with PETRONAS set to procure one million tonnes per annum (mtpa) of LNG starting in 2028, upon the project’s commercial launch.