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Cepa to increase UAE imports from India by $14.3bn by 2030

  Abu Dhabi / WAM Mohamed Ali Al Shorafa, Chairman of Abu Dhabi Department of Economic Development (Added), has said that the UAE and India are exploring mutual business opportunities with an unwavering commitment to further build on bilateral economic and trade relations. As part of his participation in the state delegation visiting India, Al Shorafa noted that the Comprehensive ...

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China’s Shandong to build huge solar farms out to sea

  Bloomberg A single region in China plans to build enough solar farms off its eastern seaboard to power New Zealand. Shandong province, the industrial hub south of Beijing, issued a tender for the construction of 10 offshore solar plants in the seas surrounding China’s largest peninsula by 2025. The capacity planned is 11.25 gigawatts, more than peak consumption in ...

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Italy eyes strong Mediterranean ties in shift from Russian gas

  Bloomberg Italian PM Mario Draghi wants to deepen ties and trade with Mediterranean countries such as Algeria and Libya, which are key partners in Italy’s rush to replace Russian energy imports. Draghi last month signed a deal to boost gas deliveries from Algeria and wants to enhance stability in Libya, once a key energy partner that has been beset ...

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