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In an effort to achieve a net zero carbon production, the UAE’s largest renewable energy company will make acquisitions and sell bonds as part of a plan to more than double its operations. Masdar, an Emirati company, plans to acquire foreign power firms in an ambition to reach 100GW of production, versus its current rate at 20GW. Additionally, the company has incorporated the development of nuclear, hydrogen, and other eco friendly energy sources in their expansion plans.

UAE’s Biggest Clean-Energy Firm to Look at Deals in US, Europe

In an effort to achieve a net zero carbon production, the UAE’s largest renewable energy company will make acquisitions and sell bonds as part of a plan to more than double its operations. Masdar, an Emirati company, plans to acquire foreign power firms in an ambition to reach 100GW of production, versus its current rate at 20GW. Additionally, the company has incorporated the development of nuclear, hydrogen, and other eco friendly energy sources in their expansion plans.

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