The UAE’s Renewable Energy Giant Plans Massive Global Expansion ...Middle East

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Masdar, the renewables energy giant of the United Arab Emirates (UAE), wants to become one of the world’s biggest renewable companies targeting 100 gigawatts (GW) of solar and wind assets by 2030, CEO Mohamed Jameel Al Ramahi told the Financial Times in an interview published on Monday. Masdar sees having up to a 35% market share of the renewables power capacity in the Middle East by the end of the decade, 20% of Europe’s clean energy capacity, and up to 25% of the U.S. capacity, Al Ramahi told FT. Asia will also be a significant part…

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