
Taqa completes key phase of 9,000kWp Abu Dhabi solar project
Announcing this, Taqa said the 14,400 advanced solar panels, strategically installed across 84,000 sq m area, will be able to generate 18.7 million kilowatt-hours (kWh) of renewable energy annually, supplying 30% of the university's electricity needs and curbing carbon dioxide emissions by over 8,000 tons each year.
Taqa Energy Services CEO Khalid Mohamed Al Qubaisi said: "Our ongoing partnership with the UAEU for the country's largest solar project at an educational institution signifies a transformative journey towards sustainability and innovation."
"This landmark solar power project epitomizes our dedication to bolstering our contribution towards the UAE's 2030 vision for a sustainable and energy-efficient future," he noted.
Prof Ahmed Ali Alraeesi, Acting Vice Chancellor of the UAE University, said: "Collaborating with Taqa Energy Services on this pioneering solar initiative marks a significant step toward our sustainability goals. This project not only powers our campus with clean energy but also inspires our students to lead the charge toward a greener, more resilient future."
This collaboration underscores the UAE University's role as a forerunner in integrating sustainable practices while demonstrating Taqa Energy Services' extensive project management capabilities, from initial site evaluation to installation and grid integration.
The initiative's initial phase achieved a 27% reduction in energy consumption through retrofitting selected university buildings.
The subsequent phase extended these efficiencies to additional facilities within the Al Ain Campus.
Completing this third phase marks a significant milestone in Abu Dhabi's energy transition, driven by Taqa Energy Services' pursuit of innovation.
Since its inception in January 2020, Taqa Energy Services has been at the forefront of transforming Abu Dhabi's power and water sectors.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Gulf Insider
20-07-2025
- Gulf Insider
UAE's Air Arabia To Co-Launch Saudi Low-Cost Airline Flying 81 Routes From Dammam Hub
Saudi Arabia is launching a new national low-cost airline, with operations based out of King Fahd International Airport in Dammam, as part of a broader push to transform the Kingdom into a regional aviation hub. The General Authority of Civil Aviation (GACA) announced that a consortium led by UAE-based Air Arabia, Kun Investment Holding and Nesma Holding, has won the bid to operate the new carrier. The airline will begin operations with a fleet of 45 aircraft, covering 24 domestic and 57 international destinations, and aims to serve 10 million passengers annually. This expansion is part of Saudi Arabia's National Transport and Logistics Strategy, a key component of Vision 2030, which seeks to diversify the economy and enhance the Kingdom's competitiveness in transport, logistics, and tourism. According to GACA, the new low-cost airline will enhance air connectivity to and from the Eastern Province, improve operational efficiency, and boost seat availability at King Fahd International Airport. The airline is also expected to create more than 2,400 direct jobs and raise service quality across Saudi Arabia's growing aviation market. Air Arabia's inclusion in the consortium reflects its expanding regional footprint and aligns with its strategy of entering high-growth partnerships to serve underserved routes. This latest venture positions the Dammam airport as a growing hub for affordable air travel and supports the Kingdom's goal of moving 100 million passengers annually by the end of the decade.


Daily Tribune
14-07-2025
- Daily Tribune
Syria signs $800 mn port deal with UAE-based company
Syria signed an $800 million deal with UAE-based company DP World yesterday to develop the port of Tartus, state media reported, as the new authorities continue their efforts to support post-war reconstruction. Following the toppling of longtime Syrian ruler Bashar al-Assad in December, the new Islamist authorities have worked to reconnect the country to global companies and kickstart reconstruction after 14 years of civil war. 'In the presence of President Ahmed Al-Sharaa, an agreement was signed between the General Authority for Land and Sea Ports and DP World, valued at $800 million, as a strategic step aimed at enhancing port infrastructure and logistics services in Syria,' state-run news agency SANA said. Following the signing of the deal, DP World CEO Sultan Bin Sulayem said Syria's economy had 'significant assets, including the Port of Tartus, which represents an opportunity to transport and export many Syrian industries.' In a statement also shared by state media, he pledged to make Tartus 'one of the best ports in the world.' DP World operates dozens of marine and inland ports and terminals globally, particularly in Asia, Africa, and Europe. The Syrian civil war devastated the country's infrastructure, and the new authorities hope to use the lifting of Western sanctions to attract investments and fuel reconstruction efforts. Qutaiba Badawi, head of the General Authority for Land and Sea Ports, said the parties were 'not merely signing a technical agreement, but we are laying the foundation for a new phase of field and maritime work in Syria, repositioning ourselves on the regional and international economic map.' In May, Damascus signed a 30-year contract with French shipping giant CMA CGM to develop and run the port of Latakia. That same month, Syria signed a $7 billion energy deal with a consortium of Qatari, Turkish, and US companies as part of efforts to revive its crippled power sector.


Gulf Insider
13-07-2025
- Gulf Insider
Dubai's Emirates Airline To Enable Crypto Payments
Dubai's international airline Emirates signed a memorandum of understanding (MoU) with to integrate Pay into the airline's payment infrastructure, with implementation expected next year. The signing ceremony took place in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive of Emirates Airline & Group, the airline announced on Wednesday. The MoU was signed by Adnan Kazim, Emirates' deputy president and chief commercial officer, and Mohammed Al Hakim, president of UAE operations. 'This strategic move is in line with Dubai's vision to be at the forefront of financial innovation while at the same time providing our customers with greater flexibility and choice in how they transact with Emirates,' Kazim said. Beyond payment integration, the two companies will collaborate on promotional campaigns to raise awareness and drive user adoption once the service goes live. A spokesperson confirmed to Cointelegraph that the integration is set for the last quarter of the year. 'The initial phase will focus on technical readiness, compliance alignment, and customer experience mapping,' the spokesperson said. Furthermore, Emirates and will determine whether the rollout will begin on select routes, regional markets, or through a global launch, with pilot phases likely to precede wider implementation. The spokesperson also confirmed that crypto payments from customers will be converted instantly to fiat (AED) using real-time exchange rates at the point of transaction. 'Emirates will not hold any cryptocurrency on its books; settlements will occur in AED, ensuring compliance and minimal FX exposure,' they said. also said it continues to explore regional and international airline integrations as part of a broader travel and commerce strategy. 'The goal is to build a universal crypto travel layer bringing seamless, secure, and compliant payment experiences to travelers across air, retail and hospitality sectors.' The integration comes amid Dubai's push to lead in crypto, as the city seeks to establish itself as a primary hub for blockchain and digital asset projects. Backed by regulatory clarity and a pro-innovation environment, several industries in the emirate, from real estate to telecommunications, have already opened their doors to cryptocurrency payments. Earlier this year, Tether partnered with UAE-based Reelly Tech to expand the use of its USDt stablecoin in real estate transactions. The deal allows buyers to use USDt to purchase property through 30,000 Reelly Tech agents globally. Last month, the Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), approved Ripple's RLUSD stablecoin. DIFC companies can now use the RLUSD stablecoin for various virtual asset services. The Dubai Multi Commodities Centre free zone has attracted over 600 crypto companies, with more firms flocking to the Dubai International Financial Centre and One Central district as the country positions itself as a leader in digital finance. Dubai's real estate market reached new highs in May, with sales totaling 66.8 billion dirhams (around $18.2 billion) across 18,700 transactions, a 44% increase in value year-on-year. The surge came amid an accelerating push into real estate tokenization. In May alone, multiple initiatives, including a $3 billion RWA deal involving MultiBank Group, real estate giant MAG and blockchain infrastructure provider Mavryk, were launched by government and industry players. On May 19, the Virtual Asset Regulatory Authority, Dubai's crypto regulator, updated its guidelines to include provisions for real-world asset (RWA) tokenization. Lawyer Irina Heaver told Cointelegraph these rules give issuers and exchanges a clear path to launch and trade tokenized real estate assets.