The national fund Masdar from Abu Dhabi has secured financing for the 800 MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park.
The farm will be developed by a consortium consisting of Masdar and EFD's subsidiary EDF Energies Nouvelles, in collaboration with Dubai Electricity and Water Authority (DEWA).
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Danish Prime Minister spurns Chinese giants for green energy push in the North Sea
Although Chinese wind turbine manufacturers have gained a dominant position in the global market, they should not be involved in the tenfold increase of green energy capacity in the North Sea, according to several players.
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The Danish cable maker is currently considering options for expanding production and how to finance such a push. It could come about through a divestment of its Photonics division.
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Media: Power cable companies slapped with lawsuit in UK
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