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Industry News
Source: Big News Network.com

IRENA Chief in Abu Dhabi Highlights China’s Role in Global Energy Transition

In an interview in Abu Dhabi, International Renewable Energy Agency (IRENA) Director-General Francesco La Camera said China has made critical contributions to global energy transition and emissions reduction. He cited China's role in lowering the cost of solar panels, wind turbine components, and batteries through expanded manufacturing and technological advancement. La Camera also highlighted China's domestic photovoltaic expansion, which surpassed coal-fired capacity by the end of July.

Policy & Legal Updates
Source: Arabian Business

UAE Ministry of Investment Launches Platform Targeting $65 Billion Annual FDI by 2031

The UAE Ministry of Investment launched a digital 'Investment Opportunities' platform to accelerate foreign direct investment under the National Investment Strategy 2031. The portal provides access to 143 curated opportunities across six priority sectors, including renewable energy equipment manufacturing and transport decarbonisation retrofits. Overseas investors can also consult directly with Ministry advisers through the platform.

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