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ADFD OKs $25mn for two solar projects in Mauritius, Rwanda

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Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on renewable energy, on Saturday announced that $25 million in concessional loans from ADFD have been earmarked for two solar PV projects, one each in Mauritius and Rwanda. Announced ...

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Eighth IRENA assembly meet opens in Abu Dhabi

Abu Dhabi / WAM The eighth session of the General Assembly of the International Renewable Energy Agency (IRENA), kicked off in Abu Dhabi with more than 150 countries in attendance. Over two days, the participants will discuss global renewable energy action and take concrete steps to accelerate global energy transition. In his opening remarks, Dr Thani bin Ahmed Al Zeyoudi, ...

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‘Onshore wind power now as affordable as any other source’

Abu Dhabi / WAM The cost of generating power from onshore wind has fallen by around a quarter since 2010, with solar PV, electricity costs falling by 73% in that time, according to new cost analysis from the IRENA. The report also highlights that solar PV costs are expected to halve by 2020. The best onshore wind and solar PV ...

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