Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Oil Prices Hit 19-Month High at $83.44 Amid Escalating Iran-Israel Conflict, ETEnergyworld

March 4, 2026

Oil risk premium returns and what it means for energy investors – Oil & Gas 360

March 4, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment – Oil & Gas 360

March 4, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Abu Dhabi to Fund $1 Billion Clean Energy and Grid Projects in Yemen
OPEC Announcements

Abu Dhabi to Fund $1 Billion Clean Energy and Grid Projects in Yemen

omc_adminBy omc_adminNovember 26, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Abu Dhabi-based energy firm Global South Utilities (GSU) will implement solar, wind, and distribution networks expansion projects in Yemen worth $1 billion as the United Arab Emirates continues to fund energy projects in the war-torn country.

“This one-billion-dollar portfolio expands an energy system capable of supporting a larger economy and a more active market in Yemen,” GSU’s chief executive Ali Al Shimmari said in a statement carried by Reuters.

Global South Utilities (GSU) was founded with a mission to deliver sustainable, reliable, and affordable energy and water infrastructure to the Global South. The company operates power and water supply projects in Africa and the Middle East.

Earlier this year, GSU, part of Abu Dhabi’s firm Resources Investment, inaugurated the Shabwah Solar Power Plant in Yemen, which has the capacity to deliver clean electricity to 330,000 households. The Shabwah solar plant has a generation capacity of 53 megawatts (MW) and a 15 MWh battery storage system.

GSU is also expanding the Aden Solar Power Plant, which, when completed in 2026, will be capable of delivering clean power to 687,000 households in Yemen. The expansion of the Aden Solar Power Plant in Bir Ahmed will add 120 MW of capacity to the current output. Once the expansion is completed in 2026, the plant’s total capacity will reach 240 MW, making it the largest solar power project in Yemen, GSU said in August.

“Delivering clean and reliable electricity to more than one million homes in Aden and Shabwah is not just an engineering achievement, but a vital step towards improving people’s lives and strengthening economic and social stability,” GSU’s Al Shimmari told the Emirates News Agency (WAM) at the time.

The UAE noted that the projects in Yemen “underscore the UAE’s commitment, alongside its partners, to empower communities through integrated clean energy solutions that expand access to sustainable power while reducing reliance on imported fuels, reinforcing Yemen’s pathways to stability and development.”

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

US Crude Oil Inventories Continue to Build While Gasoline Draws Down

March 3, 2026

Sanctioned Russian LNG Tanker Explodes in Mediterranean — A First of Its Kind?

March 3, 2026

Sanctioned Russian LNG Tanker Explodes in Mediterranean — A First of Its Kind?

March 3, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Subsea7 announces CEO transition ahead of planned Saipem merger

By omc_adminMarch 4, 2026

(WO) – Subsea7 announced that Chief Executive Officer John Evans will retire on June 30,…

Extended Hormuz closure could push oil toward $110, analyst warns

March 3, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 3, 2026

Iran conflict raises risk of oil and LNG supply shock, Enverus says

March 3, 2026
Top Trending

XeleratedFifty Acquires Carbon Management Platform Terrascope

By omc_adminMarch 3, 2026

Global economy must stop pandering to ‘frivolous desires of ultra-rich’, says UN expert | Environment

By omc_adminMarch 3, 2026

KPMG Appoints Gauthier Acket as Head of Global ESG

By omc_adminMarch 3, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202515 Views

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Oil Rally Pauses After Trump Pledge

March 3, 2026

UAE Reports Major Fire at Fujairah Oil Hub

March 3, 2026

Argentina expands incentives to spur Vaca Muerta shale oil investment

March 3, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.