“UAE pioneers $6 billion desert battery complex to deliver 1GW uninterrupted power by 2027”
The United Arab Emirates (UAE) recently announced a groundbreaking $6 billion renewable energy project in Abu Dhabi. This ambitious plan will combine solar photovoltaic (PV) and battery storage to deliver 1 gigawatt (GW) of uninterrupted power by 2027. Masdar, the UAE’s state-owned renewable energy company, is leading the project with Emirates Water and Electricity Company […]
Pakistan poised for $20 billion World Bank loan
On January 14, 2025, the World Bank board will approve a groundbreaking $20 billion loan for Pakistan. This marks the first-ever mega 10-year partnership framework, ensuring long-term stability in Pakistan’s development projects. The new loan package called the “Pakistan Country Partnership Framework 2025-35,” focuses on six key areas. These areas have broad political support, ensuring […]
