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Tag: solar

Posted on 01/11/2023

DIEZ Launches AED500 Million Venture Capital Fund To Finance Technology Startups

Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DIEZ, said the launch of Oraseya Capital and the creation of a AED500 million VC fund for technology startups represents a strategic move that aligns …

Posted on 01/11/2023

Finance gap remains as solar power hits ‘tipping point’

Solar could be dominant power source by 2050 – researchers But blockers remain, including lack of finance in poorest countries Pre-COP28 report …

Posted on 01/11/2023

Dubai Chambers and Hamburg Chamber of Commerce sign agreement to establish new ‘Innovation Corridor’

This will contribute to enhancing the competitiveness of both cities, as well as enable Dubai-based companies to benefit from the latest technologies, innovations, and global expertise.” Dr. Malte …

Posted on 01/11/2023

bneGREEN: UAE’s Masdar to build 1 GW of clean energy plants in Azerbaijan in first phase

The inauguration of Garadagh was overseen by President Ilham Aliyev of Azerbaijan and Sultan Ahmed Al Jaber, UAE’s minister of industry and advanced technology, COP28 president-designate, and chairman …

Posted on 01/11/2023

bneGREEN: UAE’s Masdar to build 1 GW of clean energy plants in Azerbaijan

By Roberta Harrington in Los Angeles Abu Dhabi Future Energy Company PJSC (Masdar) of the UAE has signed agreements for solar and onshore wind projects with a total capacity of GW 1 in Azerbaijan.

Posted on 01/11/2023

UAE leads global efforts with sustainable projects in Pacific Islands

The UAE-Pacific Partnership Fund has helped the Pacific Islands adopt renewable energy projects to address the challenges of rising fuel costs, import dependency, and securing basic electricity needs, …

Posted on 01/11/2023

Heriot-Watt University Dubai Wins Phoenix Contact’s xplore 2023 Technology Award for a Sustainable World

For more than two decades, Phoenix Contact has been hosting the international technology and education competition xplore. In the 2023 edition, the motto was “Technology Award for a Sustainable World” …

Posted on 01/11/2023

e& reports outstanding Q3 financial and operational results delivering 20 per cent growth in net profit

e& today announced its consolidated financial results for Q3 2023 reporting consolidated revenues of AED 13.4 billion with a YoY increase of 3.3 per cent while consolidated net profit was AED 3.0 …

Posted on 01/11/2023

UAE’s e& poised to lead GCC telecom operators’ revenue growth in 2024

The UAE’s technology conglomerate e& is projected to lead revenue growth in the GCC telecoms sector next year as companies shore up their assets in new international markets, a study has found. By …

Posted on 01/11/2023

India-led alliance set to fund solar projects in Africa in a boost to the renewable energy transition

China, the market leader in solar energy, is not yet part of the alliance … discussion at the upcoming United Nations climate conference scheduled to begin in Dubai in a month’s time. Chrysoula …

Posted on 01/11/2023

UAE wins first prize in Technology Challenge for People of Determination

On Friday afternoon, the final round of the Global Information Technology Challenge for Youth of determination 2023 concluded at the Abu Dhabi National Exhibition Center (ADNEC). The UAE team emerged …

Posted on 01/11/2023

UAE climate technology start-ups lead Mena and Turkey region in funding

Climate technology start-ups in the UAE attracted about two thirds of total funding from 2018 to 2022 to lead the burgeoning sector’s growth in the Middle East, North Africa and Turkey region, a …

Posted on 31/10/2023

du Business launches first pop-up workspace ‘Work Getaway’, giving entrepreneurs a whole new scenic work experience

The pop-up workspace offers a unique and immersive experience, providing business enthusiasts and aspiring entrepreneurs the opportunity for personal interactions with influential speakers …

Posted on 31/10/2023

e& posts 20% jump in third-quarter net profit to Dh3 billion on increased subscribers

Revenue rose 3.3% to Dh13.4b, with number of group subscribers rising 3.3% to 167 million e& etisalat reported a 3.3 per cent increase in consolidated revenues to Dh13.4 billion during the third …

Posted on 31/10/2023

Group set to fund solar projects in Africa in a boost to the energy transition

The International Solar Alliance consists of 116 nations working to harness solar power to ramp up clean energy use and […] The post Group set to fund solar projects in Africa in a boost to the energy …

Posted on 31/10/2023

Ensuring the future of 5G development for its continuous success

The growth of 4G took eight years to reach one billion users. But with the increased growth rate of 5G, this same milestone took only four years, which is allowing for the digital transformation of …

Posted on 31/10/2023

Huawei Surges Into The 5.5G Lead

Huawei is moving ahead into the 5.5G era, a marked advance over current 5G networks and a practical halfway house on the road to 6G. Also known as 5 …

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