The first wind turbine at the Baltic Eagle offshore wind farm, a collaboration between Iberdrola and UAE-based renewable energy developer Masdar, has been successfully installed, marking a significant milestone in the project’s progress. The wind farm, located off the German Baltic coast, will comprise a total of fifty turbines and is set to become operational by the end of 2024. The installation of the first turbine signifies the beginning of the final phase of construction for the offshore wind farm, which is expected to supply renewable energy to approximately 475,000 households upon completion. The project aims to contribute to Germany’s…
Author: Lakshita Kapoor
In a world marked by increasing diversity, recent discussions between the UAE and India stand out as a beacon of hope, demonstrating the power of forging stronger ties amidst the turmoil in West Asia. The UAE Minister of State for International Cooperation, Reem bint Ebrahim Al Hashimy, led a high-level delegation to India with the aim of bolstering the relationship between the two countries. Their meeting with India’s Foreign Minister, S Jaishankar, focused on enhancing their strategic partnership and addressing regional and global challenges together. As they delved into talks about their comprehensive strategic partnership, it became clear that the…
Sunview Group Bhd’s subsidiary, Fabulous Sunview Sdn Bhd, has teamed up with Vision Ambassadors Company for International Trade Consultancy, LLC, in a preliminary joint venture agreement. This collaboration aims to establish Sunview (Middle East) LLC, a special purpose vehicle (SPV), with a focus on exploring opportunities in renewable energy (RE) across the Middle East, Gulf Cooperation Council, and Central Asia. Under the agreement, Fabulous Sunview will own a 40% stake in the SPV, while Vision Ambassadors will hold the remaining 60%. The initial paid-up capital for the SPV is set at SAR 100,000.00 (equivalent to approximately RM127,533.00), with each party…