UAE leads GCC energy market

Dubai – Mubasher: The UAE topped the GCC region in terms of energy projects in 2017 with a total value of $6.6 billion.

Since 2014, the UAE has launched several projects as part of Dubai’s and Abu Dhabi’s plans to diversify energy sources, according to MEED magazine.

Solar energy makes up a big share of these projects, Al Bayan newspaper reported, citing MEED.

Abu Dhabi has awarded a contract to a consortium to develop the world’s biggest solar energy plant in Swaihan, while Dubai awarded $3.8 billion in solar energy contracts. 

Mubasher Contribution Time: 05-Apr-2018 10:21 (GMT)
Mubasher Last Update Time: 05-Apr-2018 10:27 (GMT)