Solar projects such as Al Dhafra contribute directly to emissions reduction by displacing fossil-fuel generation, strengthening the credibility of green labels attached to the bonds.
... competitive long-term capital and enhances investor relations in Abu Dhabi and the UAE, while also allowing financial capital to be re-deployed for future solar PV projects,” Ali Alshamsi said.
A 157 MW solar project, set to be the largest in the Canadian province of Saskatchewan, will be built following the signing of a power purchase agreement between French developer Neoen and the provincial utility.