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UAE Invites Companies to Bid for 40% Stake in 1.5 GW Solar Plant

  • Project part of Abu Dhabi’s attempt to reach net zero by 2050
  • Oil-rich Persian Gulf state aims for 20 GW of solar by 2020
Abu Dhabi has two solar parks that will have a capacity of 3.2 GW.

Abu Dhabi has two solar parks that will have a capacity of 3.2 GW.

Photographer: Bing Guan/Bloomberg

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Abu Dhabi is inviting companies to develop and bid for a stake of up to 40% in a new solar project, as the capital of the United Arab Emirates bolsters its renewable energy capacity and tries to neutralize carbon emissions by 2050.