UAE’s clean energy capacity on track to reach 14 gigawatts by 2030

The UAE’s clean energy capacity is “on track” to reach 14 gigawatts by 2030 as a result of new initiatives and projects, according to the country’s minister of Climate Change and Environment.The UAE is “home to the three largest-in-capacity, lowest-in-cost solar parks in the world” and is the “first country to have a carbon capture utilisation and storage facility, which is right now at a capacity of 800,000 tonnes per annum and is being expanded to five million tonnes per annum”, Mariam Almheiri said at the RAK Energy Summit on Wednesday.The Arab world’s second largest economy has also launched the 5,600 megawatts Barakah nuclear energy plant, where the third reactor went online recently. Once fully operational, it will supply up to 25 per cent of the country’s electricity needs from a carbon-free source and support the reduction of up to 21 million tonnes of carbon…

Read more…