Wind Energy

Masdar has invested about 10 billion dirhams ($2.7 billion) in projects worldwide.

Microsoft has announced its second European wind project in the Netherlands with Vattenfall. one of Europe’s largest electricity and heat retail and producers.

Oil- and gas-rich Iran has also pledged to slow climate change by promoting cleaner energies.

In recent years. there have been significant cost reductions in both the onshore and bottom fixed offshore wind sectors.

Most countries around the North Sea do not have a clear agenda on what they’re going to do after 2022.

Iran'.s installed power production capacity is around 77.000 MW. but output from renewables comprises less than 1% of that amount.

All areas in Sistan-Baluchestan Province are suitable for producing solar energy. with the northern areas particularly suitable for creating large wind farms.

Approximately $165 million will be invested by the Enel Group in the construction of the wind farm. which is expected to enter into operation in the first half of 2018.

China and Denmark also decided to co-build a test and demonstration center for offshore wind power in China.

Statoil has a 75% stake in the project. with the remaining 25% owned by Masdar.