UAE state-owned renewables firm Masdar has launched a renewable energy facility that will produce 1 gigawatt of uninterrupted clean power, the company's chairman said on Tuesday.
Speaking at the opening of Abu Dhabi Sustainability Week, Sultan Al Jaber, who also serves as the chief executive of energy giant Abu Dhabi National Oil Co (ADNOC) and is the UAE minister of industry and advanced technology, called the project a significant step in transforming renewable energy into baseload power.
"This will, for the first time ever, transform renewable energy into baseload energy. It is a first step that could become a giant leap," Al Jaber said.
"How can we power a world that never sleeps with energy sources that do? How can we transform renewable resources into reliable power? Today…we have an answer," Al Jaber said before announcing the project.
Al Jaber said that the rapid growth of energy-hungry applications like ChatGPT could lead to a 250% increase in energy demand by 2050, reaching 35,000 GW. This highlights the need for diverse energy sources to meet the unprecedented demand, he added.
ADNOC Gas and its subsidiaries have announced the signing of a 10-year sales and purchase agreement valued at between $2.5-$3 billion with Hindustan Petroleum Corporation Limited (HPCL).
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, toured the fifth edition of World of Coffee Dubai, featuring more than 2,100 exhibitors and brands from 78 countries.
The United Arab Emirates is participating in the 56th Annual Meeting of the World Economic Forum 2026, taking place in Davos, Switzerland from January 19-23, with a high-level delegation led by H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, led a high-level government and business delegation to Yaoundé, Cameroon, where he extended the greetings of the UAE’s leadership to Cameroon’s Prime Minister Joseph Dion Ngute.
Abu Dhabi's Masdar and Montenegro's national power utility Elektroprivreda Crne Gore have partnered to explore ways to develop large-scale renewable energy projects in the Balkan country.