The agreement, which is part of RAKEZ contribution towards the targets of RAK Energy Efficiency and Renewable Energy Strategy 2040, will extend over five years, and will provide guaranteed energy and water savings of 38.5% vs. usual consumption patterns
The Renewable Energy Project Development Office (REPDO) issues Request for Proposals (RFP) for Round Two of the National Renewable Energy Program (NREP) that consists of six solar PV projects. 60 companies pre-qualified to bid, 28 of which are from Saudi Arabia
The combined solar and storage portfolio, developed and operated by Syncarpha Capital, LLC, a New York-based private equity firm, is the first utility-scale solar plus storage offering to benefit from ENGIE’s new integrated development, supply and services offering for wholesale market participation
The partnership is set to bring a new line of business for GE Renewable Energy to target distributed hydropower opportunities up to 1MW, and will see Emrgy’s distributed Micro Hydrokinetics solution available for purchase in more locations
Out of BlackRock’s $90bn in estimated losses, 75% are due to its investments in four companies alone – ExxonMobil, Chevron, Royal Dutch Shell and BP – which have all underperformed the market in the past decade.