UAE: Greatly Increase Investment in Photovoltaic Projects to Accelerate the Achievement of "2050 Net Zero Emissions" Target

2023-09-13 17:40:50

According to the latest target of the UAE's 2050 energy strategy, the country will invest 150 billion dirhams (about 297.6 billion yuan) to 200 billion dirhams (396.7 billion yuan) by 2030.

A growing number of renewable and clean energy projects are significantly accelerating the decarbonization of the UAE's energy sector to meet the 2050 net-zero emissions strategy on schedule.

Last week, the United Arab Emirates signed the sixth phase development agreement of the world's largest single solar photovoltaic power plant construction project. The estimated investment is 5.51 billion dirhams (109.

According to the latest target of the UAE's 2050 energy strategy, the country will invest 150 billion dirhams (about 297.6 billion yuan) to 200 billion dirhams (396.7 billion yuan) by 2030.

The UAE is investing heavily in clean energy projects.".

Last week, In the presence of Sheikh Mohammed bin Rashid, Vice-President and Ruler of Dubai, and Sheikh Mansour bin Zayed, Vice-President, Deputy Prime Minister and Minister of Presidential Courts, The Dubai Electricity and Water Authority signed an agreement with Masdar, a green energy company in the United Arab Emirates. Boosting the world's largest single solar

" phase 6 will use photovoltaic solar panels based on an independent power producer model. The estimated investment is AED 5.51 billion (109.

With the commissioning of the sixth phase of the solar park with a total installed capacity of 1.8 GW, It will bring the total solar power capacity of the project to 4.

The UAE is in the best position in the world-more than 90% of the country has abundant solar energy resources.

According to the data analysis of the World Statistical Review, with the continuous promotion of green energy transformation, the United Arab Emirates has become a major participant in the global solar energy market, and its solar energy consumption has ranked second in the world.

Last year, the UAE's per capita solar consumption of 1,921 kWh was the second highest in the world, behind Australia's 3,868 kWh.

At the same time, the UAE is still investing heavily in clean energy projects and has announced a number of projects to achieve the goal of "net zero emissions" by 2050.

For example, the Baraka Nuclear Power Plant, as well as new solar projects, including the world's largest solar power plant with a total capacity of 2GW in the Al Dhafra region of Abu Dhabi, and the 5G W Mohammed Solar Power Plant, the Bin Rashid Al Maktoum Solar Park in Dubai.

As the second largest economy in the Arab world, the UAE aims to achieve net zero carbon emissions by 2050 . Recently, the country announced an updated version of the "2050 Strategy" and formulated a national hydrogen energy strategy, which was approved by the UAE Cabinet in July.

According to the latest target of the UAE's 2050 energy strategy, the country will invest 150 billion dirhams (about 297.6 billion yuan) to 200 billion dirhams (396.7 billion yuan) by 2030 to ensure that energy demand is met. While sustaining the UAE's economic growth.

In order to accelerate the decarbonization process and achieve the strategy of net zero emissions by 2050 as scheduled, the energy sector of the United Arab Emirates is promoting more and more renewable energy and clean energy projects such as photovoltaic, energy storage and hydrogen energy to land and blossom in the United Arab Emirates. The demand for photovoltaic and other products continues to grow, and the market prospects are broad.

will focus on new energy hotspots in the Middle East." Focus on the application and promotion of technologies in the fields of hydrogen energy, energy storage, energy conservation, photovoltaics, renewable energy, new energy vehicles, new energy equipment and desert sand reuse, and build a one-stop procurement platform for "new energy" and "energy products" by holding sharing meetings and exhibitions to promote new energy solutions to the Middle East and North Africa. The exhibition will focus on new products, new technologies and new applications in the field of new energy, and the China New Energy Vehicle Middle East Trade Center will be grandly unveiled at this conference. The conference will also provide more new energy product solutions for the COP28 conference on climate change.

All can be viewed after purchase
Correlation

What is happening in the cement industry?

2025-07-27 07:03:14

On July 24, the Energy Bureau of Zhongshan District, Liupanshui City, Guizhou Province, issued a notice on the invalidation of the filing documents of distributed photovoltaic power generation projects such as Zhonglian Industry and Trade.

2025-07-25 16:48:54

According to incomplete statistics from the Digital New Energy DataBM. Com, since July alone, the State Energy Group, China Energy Construction, Huaneng Group and other state-owned power and energy enterprises have issued personnel changes involving 16 senior executives, including the chairman, general manager and deputy general manager.

2025-07-25 16:39:23

On July 25, China Photovoltaic Industry Association sponsored the "Photovoltaic Industry Development Review in the First Half of 2025 and Form Outlook Seminar in the Second Half of 2025" in Datong, Shanxi Province. Gui Xiaoyang, deputy director of the New Energy Department of the National Energy Administration, delivered a speech. Regarding the current problems in the photovoltaic industry, Deputy Director Gui Xiaoyang put forward four suggestions:

2025-07-25 13:10:35

On July 25, the Seminar on the Review of the Development of Photovoltaic Industry in the First Half of 2025 and the Prospect of the Situation in the Second Half of 2025, sponsored by China Photovoltaic Industry Association, was held in Datong, Shanxi Province as scheduled. Wang Bohua, Honorary Chairman of China Photovoltaic Industry Association, made a keynote report on the Development of China's Photovoltaic Industry-Review of the First Half of 2025 and Prospects for the Second Half of 2025.

2025-07-25 10:54:45

On July 25, the Seminar on the Review of the Development of Photovoltaic Industry in the First Half of 2025 and the Prospect of the Situation in the Second Half of 2025, sponsored by China Photovoltaic Industry Association, was held in Datong, Shanxi Province as scheduled. Wang Bohua, Honorary Chairman of China Photovoltaic Industry Association, made a keynote report on the Development of China's Photovoltaic Industry-Review of the First Half of 2025 and Prospects for the Second Half of 2025.

2025-07-25 10:29:29

On July 25, the "Seminar on Review of the Development of Photovoltaic Industry in the First Half of 2025 and Prospect of the Form in the Second Half of 2025" sponsored by China Photovoltaic Industry Association was held in Datong, Shanxi Province. Wu Guogang, second-level inspector of the Electronic Information Department of the Ministry of Industry and Information Technology, delivered a speech.

2025-07-25 09:03:33

Digital New Energy DataBM. Com learned from Yao'an County Investment Promotion Bureau that on the afternoon of June 24, Yunnan Chuxiong Yao'an County successfully signed a contract for the production of new thin film photovoltaic modules with an annual output of 100 MW.

2025-06-25 17:30:26

According to foreign media reports, on June 19, the Dutch Ministry of Economic Affairs said that the country had selected 1792 MW photovoltaic projects in the 2024 round of SDE + + plan, including 1237 MW ground installation projects, 448 MW industrial roof systems and 107 MW floating photovoltaic installation facilities.

2025-06-25 17:30:07

The DataBM. Com of digital new energy first learned about the relevant personnel of Yibin local photovoltaic enterprises, including Gaojing and Heguang Tongcheng.

2025-06-25 16:26:06

Over the past 40 years, he has been deeply engaged in the research, design and industrialization of new glass materials, presided over many national projects, led the team to break the technological monopoly of foreign countries in float glass, photovoltaic glass, display glass and other fields, promoted the field of new glass materials in China to achieve a major leap forward, realized the related technology from weak to strong, and ranked among the international advanced ranks. He is a leader in the field of new glass materials in China.

2025-06-25 10:19:12

Digital New Energy DataBM. Com learned from the asset trading platform that the judicial auction of Jinan Intermediate People's Court of Shandong Province, which began at 10:00 on June 23, 2025, ended at 10:28 on June 24, and the auction target was "11 groups of mortgaged solar photovoltaic power generation systems provided by Feicheng Runfeng Electric Power Co., Ltd.". It is reported that the auction experienced 129 bids, 65 delays, and finally sold for 6.3635 million yuan.

2025-06-24 10:58:18

On June 23, the official website of the Bureau of Ecology and Environment of Fuyang City, Anhui Province, released the Summary of the Work of New Energy and Energy-saving and Environmental Protection Industries in Fuyang City in 2024 and the Work Plan for 2025.

2025-06-24 09:48:36

According to incomplete statistics of digital new energy DataBM. Com, 10 countries, including the Romania, Jordan, Kuwait, the United States, South Korea, Germany, Ivory Coast, India, the Philippines and Ukraine, have recently launched tenders for photovoltaic, wind power and energy storage. Statistics show that in the recent 10 overseas renewable energy tenders, the total capacity of solar energy tenders has reached 9.84 GW, wind energy 3.25 GW, energy storage 4 GWh, in addition to the Philippines over 10 GW photovoltaic wind power project tenders.

2025-06-23 18:06:32

According to foreign media reports, on June 16, Bila Solar, an American solar module manufacturer, announced that it had produced solar modules at its Indianapolis plant, all from ES Foundry.

2025-06-23 17:35:41

Recently, the General Administration of Market Supervision has comprehensively carried out national supervision and spot checks on product quality in 2025, and will carry out national supervision and spot checks on 164 products. Focusing on ensuring the healthy and orderly development of emerging industries, power batteries, unmanned aerial vehicles, photovoltaic modules, electric vehicle charging piles, etc. Will be included in the scope of spot checks, and the results of spot checks will be released comprehensively, accurately and timely, and typical illegal cases will be exposed.

2025-06-23 10:46:54

Digital New Energy DataBM. Com learned that on June 20, the National Enterprise Bankruptcy Restructuring Case Information Network issued a notice on the public recruitment and selection of pre-restructuring investors in the pre-restructuring case of Wuxi Suntech Solar Power Co., Ltd.

2025-06-23 09:16:07

Digital New Energy DataBM. Com learned from the asset trading auction platform that the administrator of Jiangsu Fengguyuan Energy Storage Technology Research Institute Co., Ltd. will auction the bankruptcy Qiangqing Channel in Taobao Ali at 10:00 on July 20, and publicly auction 100% of the company's Xizang, Mengshi Fengguyuan Photovoltaic Technology Co., Ltd.

2025-06-20 18:15:33

On June 19, Hebei Huadian Leting 300MW Photovoltaic Base Project PC General Contracting Tender Announcement was issued. The project is tendered by Huadian Leting New Energy Co., Ltd. and the source of funds is self-financing.

2025-06-20 18:14:58

On June 20, Zhejiang Baida Seiko Co., Ltd. issued a reply announcement on the Information Disclosure Regulatory Inquiry Letter of Shanghai Stock Exchange on the Company's 2024 Annual Report. In the announcement, Baida Seiko responded to the decline in performance in 2024 and the development plan of photovoltaic business, and disclosed the construction progress of 4.5G W TOPCON cell project.

2025-06-20 18:10:20

This week, the scope of price loosening of photovoltaic modules has expanded significantly.

2025-06-20 16:09:42

What is happening in the cement industry?

2025-06-19 07:02:02

Digital New Energy DataBM. Com learned that on June 17, Hunan Chendian New Energy Development Co., Ltd. issued the announcement of the first batch of photovoltaic module procurement waste in 2025.

2025-06-18 17:41:49

Digital New Energy DataBM. Com was informed that on June 16, the results of public bidding for EPC project of Lingwu 2 million kilowatt composite photovoltaic base project (seven, eight, nine, ten, eleven and twelve bidding sections) of Ningxia Electric Power Guoneng Lingwu New Energy Co., Ltd.

2025-06-18 17:40:11

On June 17, according to foreign media reports, the Philippine Department of Energy (DOE) will conduct the fourth round of green energy auction (GEA-4) on September 2. The auction aims to approve more than 10GW of solar and wind capacity for commercial operation between 2026 and 2029.

2025-06-18 17:35:32

Digital New Energy DataBM. Com has learned that recently, Baicheng Public Resources Trading Center of Jilin Province issued the announcement of the transfer of management rights of photovoltaic power generation project under Taonan Energy Bureau in 2012.

2025-06-16 18:05:32

The New Energy DataBM. Com was informed that on June 13, Guangdong Shaoneng Zhongguan Energy Co., Ltd. issued an EPC tender announcement for 300 MW distributed photovoltaic and 300 Mwh energy storage projects for industry and commerce.

2025-06-16 09:08:45

Digital New Energy DataBM. Com learned from the asset trading auction platform that Jinan Intermediate People's Court of Shandong Province will conduct a judicial auction on the auction platform at 10 o'clock on June 23, 2025, with 11 groups of mortgaged solar photovoltaic power generation systems provided by Feicheng Runfeng Electric Power Co., Ltd. The appraisal price of the subject is 4.4836 million yuan, the starting price is 3.13852 million yuan, and the margin is 620000 yuan.

2025-06-16 09:07:55

What is happening in the cement industry?

2025-06-16 07:01:37

Digital New Energy DataBM. Com was informed that on June 12, Hunan Huamin Holding Group Co., Ltd. (Hereinafter referred to as "Huamin Shares") issued a notice on the signing of the investment intention agreement.

2025-06-13 18:40:24

From June 11 to 13, the SNEC Photovoltaic Exhibition, known as the "Photovoltaic Spring Festival Gala", arrived as scheduled. In the past two years, the photovoltaic market continued to grind the bottom, and the photovoltaic people suffered unspeakably. The depressed market environment makes the whole industry fall into a low pressure atmosphere. However, from the SNEC exhibition site, although not compared with the past two years, the level of liveliness is still not low. In particular, the exhibition booths of leading enterprises are still popular, and the chilly market situation does not seem to affect the mood of photovoltaic people to "meet friends" and "meet rivals".

2025-06-13 14:29:55

June 10-13, 2025, The 18th (2025) International Solar Photovoltaic and Smart Energy Storage and Battery Technology and Equipment Conference and Exhibition (hereinafter referred to as "2025 SNEC PV & ES International Photovoltaic and Energy Storage Conference"), an annual event of the global photovoltaic and energy storage industry, was held in the National Convention and Exhibition Center (Shanghai).

2025-06-13 11:52:33

On June 11, according to foreign media reports, the Pakistani government proposed an 18% general sales tax (GST) on imported solar panels in the 2025-2026 federal budget submitted to the National Assembly on June 9. Finance Minister Muhammad Aurangzeb said the move could help boost the domestic PV manufacturing sector, however, the Pakistan Solar Energy Association (PSA) has called on the government to reconsider the policy.

2025-06-12 11:16:30

On June 11, the Development and Reform Commission of Dalian City, Liaoning Province, issued a circular on the announcement of the Work Program for Competitive Allocation of the First Batch of Photovoltaic Power Generation Projects in Dalian in 2025. The notice points out that according to the "Construction Plan of the Second Batch of Wind Power and Photovoltaic Power Generation Projects in Liaoning Province in 2025", the scale of beach photovoltaic power generation in Dalian is determined to be 3 million kilowatts, which is allocated to the owner of the project at one time. The project is located in Pulandian District, Dalian City, Changxing Island Economic Zone, Wafangdian City and Zhuanghe City, Liaoning Province.

2025-06-12 10:35:37

Digital New Energy DataBM. Com learned from the asset trading platform that Zhejiang Aikang Photoelectric Technology Co., Ltd. will conduct a public auction on the auction platform at 10:00 on June 13, 2025. The auction target is "raw materials stored in Zhengneng warehouse under the name of Zhejiang Aikang Photoelectric Technology Co., Ltd.".

2025-06-11 22:24:06

On the evening of June 10, Jiejia Weichuang issued a clarification note on disputes during the construction of Jiejia Weichuang Shanghai SNEC Exhibition (hereinafter referred to as "clarification note") on its official WeChat public number. Jiejia Weichuang said in the Clarification Note that during the construction of its SNEC booth in Shanghai, at 17:25 p.m. on June 10, a group of "construction workers" wearing hard hats held up controversial slogans and continued to make trouble for five minutes. Twenty minutes later, they were taken away by the local police for investigation.

2025-06-11 22:23:47