Latest news with #energytransformation
Zawya
10-07-2025
- Business
- Zawya
Masdar hosts European business partners and executives in Madrid to accelerate advanced energy partnerships
Dr Sultan Al Jaber visited Saeta's Madrid headquarters to mark the company's full integration into Masdar and align on an accelerated growth agenda Madrid, Spain – Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader – convened an exclusive, high-level business forum in Madrid to strengthen partnerships and position the company for its next phase of growth in the Iberian market. Led by Dr Sultan Al Jaber, Chairman of Masdar, the Tuesday gathering assembled senior representatives from Spanish and Portuguese government entities, regulatory bodies, utilities, institutional investors, offtakers, and technology providers. The discussion centered on accelerating the Iberian Peninsula's energy transformation and reinforcing Spain's role as a strategic hub within Masdar's European portfolio. A cornerstone of Masdar's European expansion strategy is its US $1.4 billion acquisition of Saeta, finalized last year. Operating across Spain and Portugal, Saeta now serves as a primary platform for scaling Masdar's renewable-energy footprint and advancing regional decarbonization objectives. During his visit to Saeta's Madrid headquarters, Dr Al Jaber met with executive leadership and employees, celebrating the successful integration and outlining an ambitious roadmap to amplify Saeta's market impact. Masdar's European investments continue to diversify through multiple channels. In addition to the Saeta transaction, Masdar concluded a €3.2 billion acquisition of TERNA ENERGY in Greece and entered a €1.7 billion strategic partnership with Endesa in Spain, acquiring a 49.99 percent stake in a 2.5GW portfolio of renewable assets – one of Spain's largest clean-energy transactions in recent years. Since its establishment in 2006, Masdar has developed and partnered in projects in over 40 countries, with a mandate to increase its renewable energy portfolio capacity to 100GW by 2030. Contacts: For media inquiries, please contact: press@ For more information please visit: and connect: and About Masdar Masdar (Abu Dhabi Future Energy Company) is one of the world's leading clean energy companies. Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate the transformation of energy systems and help the world meet its net-zero ambitions. Established in 2006, Masdar has developed and invested in projects in over 40 countries with a combined capacity of 51 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future. Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year.
Yahoo
10-07-2025
- Business
- Yahoo
Envision Delivers On World's Largest Green Hydrogen And Ammonia Plant With Off-Grid Renewable System
A milestone in the global energy transition and the future of clean industrial fuel CHIFENG, China, July 10, 2025 /PRNewswire/ -- Envision, a global leader in green technology and energy transformation, has officially commissioned the world's largest and most advanced green hydrogen and ammonia production facility. Powered entirely by the largest off-grid renewable energy system, the plant is also the first of its kind to be fully AI-enabled, achieving real-time optimization and stability at scale. Now delivering 320,000 tons of green ammonia annually with exports commencing in Q4, the facility represents a major leap forward in clean energy and industrial decarbonization. Located in the Chifeng Net Zero Industrial Park — the world's largest zero-carbon industrial park — this project is a world-first in delivering green ammonia at industrial scale. For the first time at commercial scale, innovative energy storage and load flexibility is applied. Surplus green power is converted to liquid nitrogen—stored within a dynamic air-separation unit—and electrolyzers intelligently respond to renewable power swings, dynamically optimizing energy absorption and ammonia production. By leveraging green ammonia as a stable transport and storage medium, Envision has unlocked a practical path to scaling hydrogen across heavy industries. The plant is powered by a proprietary AI-integrated off-grid renewable system, featuring advanced wind turbines, grid-forming battery storage, and predictive meteorological modeling. This system dynamically balances wind and solar input with electrolyzer and ammonia synthesis demands, ensuring continuous, cost-effective green fuel production without grid reliance. "This is more than a technological milestone," said Lei Zhang, Envision's Founder and CEO. "Scalable, green alternatives are now real and operational. We can't get to net zero without green hydrogen, and we can't afford to wait. This is the blueprint for a clean energy future." By 2028, the industrial park is projected to produce 1.5 million tons of green ammonia per year, serving as a replicable model for clean industrial hubs worldwide. Backed by Global Partnerships and Certification The project has already attracted global commercial interest, including a long-term offtake agreement with Marubeni Corporation, one of Japan's largest trading houses. The partnership will accelerate green ammonia adoption in sectors like fertilizers, chemicals, and shipping. The facility has been awarded the Bureau Veritas Renewable Ammonia Certification, affirming its global leadership in sustainability, safety, and emissions standards. The New Clean Fuel Standard As the world seeks alternatives to the 5-billion-ton fossil fuel supply chain, Envision's AI-powered green hydrogen-ammonia solution stands out as a viable, scalable substitute. The company aims to reach price parity with grey ammonia and methanol by 2028, helping green fuels become truly competitive. Powering the Clean Molecule Revolution Designed on a modular, replicable model, Envision's plant can be quickly deployed globally. It's not only an engineering triumph but a strategic demonstration of how smart systems, AI, and renewables can come together to reshape global energy infrastructure. Envision continues to lead the transition to a world powered by clean molecules and intelligent systems, replacing fossil fuels with scalable, AI-driven, and renewable-based solutions. Click here to view Envision's Chifeng Green Hydrogen and Ammonia Plant Commissioning About Envision Envision is a global green technology leader known for its innovation which has completely reinvented the renewable energy system with its development of smart wind turbines, energy storage and green hydrogen, orchestrated by AI with the establishment of net zero industrial parks in various parts of the world. The company aims to accelerate the global green energy transition and has been recognized for its sustainability efforts, including being listed twice on Fortune's "Change the World" list and named a "Green Giant" in TIME's "2024Time 100 Most Influential Companies" list. Website: View original content to download multimedia: SOURCE Envision Energy
Bloomberg
30-06-2025
- Business
- Bloomberg
Poland Is Selling Green Bonds for First Time in Six Years
By and Hannah Benjamin-Cook Save Poland is returning to the green bond market after more than six years as it seeks a financing boost for its accelerating energy transformation. The coal-reliant East European country, the first sovereign to offer securities designed to finance environmental projects in 2016, is offering euro benchmark 12-year green notes alongside a regular seven-year tranche, according to a person familiar with the matter. The green bonds are being marketed at about 150 basis points above midswaps.
Zawya
19-06-2025
- Business
- Zawya
Kuwait Direct Investment Promotion Authority hosts high-level energy roundtable
Kuwait City — Kuwait Direct Investment Promotion Authority (KDIPA), in cooperation with The Business Year (TBY), organized The Thought Leadership Circle: Empowering Energy Transformation took place today at the Chairman's Club, KIPCO Tower, bringing together senior decision-makers from Kuwait's energy and finance sectors, global companies, and international partners to shape the country's energy future. This Thought Leadership Circle series featured keynote contributions from His Excellency Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah, Director General of Kuwait Direct Investment Promotion Authority (KDIPA), highlighted the strategic importance of the energy sector in supporting Kuwait's path toward sustainable development and energy diversification. Hamad Al-Marzouq, Chief Enterprise Business Officer at Zain Kuwait stated: 'As a trusted and key partner to Kuwait's digital transformation journey, Zain is committed to enabling the energy sector's evolution through cutting-edge technology and meaningful collaboration. The future of energy lies in how we harness innovation to drive sustainability, resilience, and long- term economic growth, and we're proud to contribute to that transformation.' Shell Kuwait, represented by Anwar Al-Mutlaq, contributed with insights on upstream advancements and the role of international expertise in achieving Kuwait's 2035 and 2040 production goals. The Kuwait Banking Association (KBA), a strategic sponsor, underscored the financial sector's role in enabling the energy transition and mobilizing capital for green infrastructure. The discussion explored Kuwait's roadmap to net-zero emissions by 2050, the role of innovation and foreign direct investment in the sector, and the country's recent upstream discoveries, including the Al-Nokhatha, Al-Julaiah, and North Wafra fields. Attendees exchanged views on how these developments can drive economic diversification and position Kuwait as a hub for energy innovation and cross-border partnerships. Prominent figures participating in the roundtable included Sheikh Ahmed Duaij Jaber Al-Sabah, Chairman of the Commercial Bank of Kuwait, Bader Ebrahim Al-Attar, Managing Director of Planning & Finance at Kuwait Petroleum Corporation (KPC), Anwar Al-Mutlaq, Vice President Upstream and Country Chair of Shell Kuwait, Meshal S. Esbaitah, Vice Chairman of IMKAN International Company, António Azevedo Campos, Co-founder and CEO of Hub2Energy, moderated by Alexander Krunic, Senior Advisor to the Chairman, Commercial Bank of Kuwait. The event was supported by an outstanding group of sponsors, including Shell Kuwait and Zain as Executive Sponsors, Kuwait Banking Association and IMKAN International as Strategic Sponsors, Chairman's Club as Main Partner, and ITL World as Event Partner. The event offered a platform for deep dialogue and collaboration aimed at advancing Kuwait's energy transformation and investment attractiveness.
Zawya
17-06-2025
- Business
- Zawya
Kuwait hosts high-level energy roundtable to accelerate energy transformation
Kuwait City - Kuwait Direct Investment Promotion Authority (KDIPA), in cooperation with The Business Year (TBY), organized The Thought Leadership Circle: Empowering Energy Transformation today at the Chairman's Club, KIPCO Tower. The event brought together senior decision-makers from Kuwait's energy and finance sectors, global companies, and international partners to shape the country's energy future. This Thought Leadership Circle series featured keynote contributions from His Excellency Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah, Director General of KDIPA, who outlined Kuwait's strategic approach to achieving net-zero emissions and energy diversification. Mohammad Mulla Yaqoub, Assistant Director General for Business Development at KDIPA, highlighted the importance of public-private collaboration in accelerating Kuwait's energy transformation and attracting sustainable investments. Hamad Al-Marzouq, Chief Enterprise Business Officer at Zain Kuwait said: 'As a trusted and key partner to Kuwait's digital transformation journey, Zain is committed to enabling the energy sector's evolution through cutting-edge technology and meaningful collaboration. The future of energy lies in how we harness innovation to drive sustainability, resilience, and long- term economic growth, and we're proud to contribute to that transformation.' Shell Kuwait, represented by Anwar Al-Mutlaq, contributed with insights on upstream advancements and the role of international expertise in achieving Kuwait's 2035 and 2040 production goals. The Kuwait Banking Association (KBA), a strategic sponsor, underscored the financial sector's role in enabling the energy transition and mobilizing capital for green infrastructure. The discussion explored Kuwait's roadmap to net-zero emissions by 2050, the role of innovation and foreign direct investment in the sector, and the country's recent upstream discoveries, including the Al-Nokhatha, Al-Julaiah, and North Wafra fields. Attendees exchanged views on how these developments can drive economic diversification and position Kuwait as a hub for energy innovation and cross-border partnerships. Prominent figures participating in the roundtable included Sheikh Ahmed Duaij Jaber Al Sabah, Chairman of the Commercial Bank of Kuwait; Bader Ebrahim Al Attar, MD Planning & Finance, KPC; Anwar AlMutlaq, Vice President Upstream and Country Chair of Shell Kuwait; Meshal S. Esbaitah, Vice Chairman of IMKAN International Company; António Azevedo Campos, Co-founder and CEO of Hub2Energy; moderated by Alexander Krunic, Senior Advisor to the Chairman, Commercial Bank of Kuwait. The event offered a platform for deep dialogue and collaboration aimed at advancing Kuwait's energy transformation and investment attractiveness.
