MW Energy, a venture between UAE clean energy company Masdar and W Solar Investment, signed an initial agreement with Tajikistan to explore clean energy projects, marking its entry into the Central Asian nation. The public-private partnership agreement will foster collaboration in the development of renewable energy projects. Its first phase has set a target of at least 500 megawatts of clean energy from sources such as floating solar photovoltaic, wind, and hydroelectric power, Masdar said on Tuesday.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Gold price in Pakistan falls

Gold prices in Pakistan witnessed a steep decline on Tuesday amid ongoing…

Another IPP ‘okays’ amendments to PPA after successful talks

Pakistan’s Ministry of Energy has announced a successful negotiation with another Independent…

Rupee depreciates once again

Karachi: The State Bank of Pakistan (SBP) on Tuesday reversed its uptrend…