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FINANCIAL NEWS
Dubai aims to boost renewable energy by 2030
04 Jun 2016
(MENAFN) Dubai advanced a 30 year plan to enhance renewable energy by tendering for advisors for a further phase in developing a main solar power.
Moreover, Dubai Elect and Water Authority (DEWA) will launch Solar Power projects to produce 1,000 megawatts of energy by 2030.
In addition, Dubai’s plan aims 7 percent of power generation from renewables by 2020, 25 percent by 2030 and 75 percent by 2050.
Meanwhile, the first project is predicted to be finished by April 2021, while it also targets to have 5,000 MW of generating capacity by 2030.
More News
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
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BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
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