News & Highlights
Noor Energy 1 Inauguration Ceremony Marked by HH Sheikh Mohammed Bin Rashid Al Maktoum
On December 5, 2023, Noor Energy 1 celebrated a momentous milestone with the inauguration of the world’s largest single-site hybrid solar plant, under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The ceremony highlighted the importance of Noor Energy 1 in advancing the UAE’s clean energy ambitions and its contribution to the Dubai Clean Energy Strategy. This groundbreaking project underscores the UAE’s commitment to sustainability and global leadership in renewable energy. A video showcasing the highlights of this significant event is available, offering a glimpse into the achievements of Noor Energy 1 and the collaborative efforts that made this achievement possible. The inauguration marks a key step in the continued development of sustainable energy solutions for the future.
Fostering Safety and Collaboration: Honored to Host Dubai Police and Civil Defense at Our Site
We were honored to welcome representatives from Dubai Police – Al Faqa’a Station, and Dubai Civil Defense – Al Lisaili Station to our site.
This visit reflects our shared commitment to safety, security, and collaboration with key government entities. We had constructive discussions on emergency preparedness, site safety protocols, and enhancing coordination to ensure the well-being of all.
A sincere thank you to our distinguished guests for their continued support and partnership.
Noor Energy 1 Hosts Qinghai Province Delegation Led by Governor
Noor Energy 1 had the honor of hosting a delegation from Qinghai Province, led by the governor. The visit served as a valuable opportunity for both parties to exchange insights and explore potential areas of collaboration.
Discussions during the visit provided Noor Energy 1 with key takeaways that will contribute to future planning and development, reinforcing its commitment to advancing sustainable energy solutions.
Noor Energy 1 Management Team Engages with Key Stakeholders in Paris and London to Advance Energy Transition
The Noor Energy 1 management team recently embarked on a successful journey to Paris and London, engaging with key stakeholders and collaborators who are crucial to driving the energy transition forward. In Paris, the team met with esteemed partners such as Natixis Corporate & Investment Banking and Allianz France, celebrating shared efforts toward advancing the energy transition. Productive discussions highlighted the importance of a pragmatic and collaborative approach to achieving common goals in this transformative journey. The team then traveled to London for an insightful gathering with partners from Herbert Smith Freehills. Conversations focused on risk management and market fundamentals, exploring strategies to navigate the complexities of the energy industry. A special thanks was extended to the ACWA Power and Marsh teams for their unwavering support, ensuring the success of this impactful journey. This collaboration reinforces Noor Energy 1’s commitment to building partnerships and driving the collective efforts required to power a sustainable future.
Accelerating the Green Energy Transition with Trusted Partners
Noor Energy 1 Management had the privilege of joining ACWA Power in Riyadh to host AIG leadership, Gordon Browne, David Hawksby and Brian St Jacques, for a strategic business meeting centered on green energy growth across Saudi Arabia and the GCC. Alongside discussions on future opportunities, we reflected on past experiences and lessons learned to strengthen our approach for even greater achievements in the region’s expanding green energy pipeline. The longstanding partnership between AIG and ACWA Power, exemplified by landmark projects like Noor Energy 1, continues to drive impactful progress in renewable energy. As the green energy market advances, it’s essential that stakeholders embrace challenges and collaborate to overcome them, fueling innovation and resilience on the path to sustainability. Together, we’re laying the groundwork for a sustainable energy future, with a shared vision of growth, resilience, and innovation.
Noor Energy 1 Advances Global Collaboration in Clean Energy with Key Stakeholders in China
Noor Energy 1, the world’s largest single-site hybrid solar plant, continues to set new standards for sustainable energy. Located within Dubai’s Mohammed Bin Rashid Al Maktoum Solar Park, the project contributes to the Dubai Clean Energy Strategy through its shareholder, Dubai Electricity & Water Authority (DEWA). Recently, the Noor Energy 1 team concluded a successful week in China, engaging with key stakeholders, including ACWA Power’s China office and the Silk Road Fund, as well as leading financial and insurance partners such as Bank of China, Industrial and Commercial Bank of China, Ping An Bank, Bank of Communications, and Ping An Insurance. The visit also included productive discussions with contractor Shanghai Electric Power Generation Engineering Company. The week’s interactions reinforced the shared commitment of UAE, Saudi Arabia, and China to drive growth, innovation, and sustainability. The collaboration of these dedicated partners is what sets Noor Energy 1 apart, making it not just a groundbreaking energy project, but a global benchmark for sustainable development and international cooperation. Together, we are shaping a cleaner, more resilient energy future.
Noor Energy 1 Welcomes H.E. Madam ZHU Chengqing, Vice Minister of Water Resources of China
Noor Energy 1 had the honor of welcoming H.E. Madam ZHU Chengqing, Vice Minister of Water Resources of the People’s Republic of China. The visit provided an excellent opportunity to showcase the project’s unique innovations and explore potential collaborations for future growth in sustainable energy and resource management. Noor Energy 1 remains committed to fostering international partnerships that drive progress in the renewable energy sector.
Noor Energy 1 Hosts IMD MBA Students for Insightful Visit on Renewable Energy
Noor Energy 1 had the pleasure of hosting Dr. Hischam El-Agamy and a group of MBA students from IMD at the world’s largest concentrated solar power plant. The visit provided a platform to showcase the project’s cutting-edge technology and innovative approach to sustainable energy. The students engaged in in-depth discussions on the future of renewable energy and its role in addressing global challenges. Noor Energy 1 remains committed to fostering knowledge exchange and inspiring future leaders in the energy sector through hands-on learning experiences.
Noor Energy 1 Team Attends MEECON to Discuss Energy and Insurance Opportunities
The Noor Energy 1 team participated in the Middle East Energy Conference (MEECON), engaging in discussions on energy and insurance opportunities and challenges in the Middle East. The conference focused on future developments in the sector while emphasizing diversity and youth involvement.
As a key industry leader, ACWA Power contributed insights on Green Hydrogen projects, reinforcing its role in shaping the region’s sustainable energy landscape.
Noor Energy 1 EMD Omar Alhassan Highlights Renewable Energy Contributions at Dubai Forum
At the Dubai Forum held at the Chinese Consulate in Dubai, Noor Energy 1’s Executive Managing Director, Omar Alhassan, participated in a discussion on the project’s role in advancing the UAE’s renewable energy ambitions. The forum provided a platform to emphasize the impact of Noor Energy 1 in supporting sustainable development and fostering international collaboration in the energy sector.Noor Energy 1 remains committed to delivering innovative energy solutions that contribute to the region’s clean energy transition.
Noor Energy 1 Team Leads Sustainability Workshop at Misk Global Forum 2024
Three members of the Noor Energy 1 team participated in the Misk Global Forum 2024, delivering an engaging workshop on sustainability. Under the forum’s theme, “By Youth, For Youth,” the session aimed to inspire and empower the next generation to drive sustainable solutions.
This valuable opportunity was made possible through the ACWA Power Youth Council, reflecting the company’s commitment to fostering young talent and promoting sustainability leadership in the energy sector.
Milestone Achieved in Riyadh: Transforming Challenges into Triumphs with Trusted Partners
Turning crisis into success and uncertainty into opportunity — a very great day in Riyadh as we celebrate the completion of a critical milestone. Grateful for the trust of our shareholders DEWA, ACWA Power, and Silk Road Fund, and for the continued collaboration of our partner, Shanghai Electric.
Strengthening Strategic Ties: Deepening Financial Partnerships Through Direct Engagement in China
Last week, our financial and commercial teams visited key institutions in China’s financial market—an important step in reinforcing relationships with our stakeholders and deepening mutual understanding. Sincere gratitude to our shareholders ACWA Power China for guidance and facilitation and Silk Road Fund for the support.
Face-to-face engagement remains a powerful tool. It allows us to build trust, align expectations, and ensure transparency in complex, long-term partnerships. Especially in a project of our scale, maintaining direct dialogue with financiers and commercial partners is not just beneficial—it’s essential.
We’re grateful for the warm reception and the productive discussions, and we remain committed to nurturing our strategic collaboration with stakeholders across the value chain.
Exclusive Visit to Noor Energy 1 by Marsh EIC Delegates
Noor Energy 1 had the privilege of hosting 50 delegates for an exclusive site tour as part of the Marsh EIC event. As the holder of two Guinness World Records in concentrated solar power (CSP), Noor Energy 1 continues to set new benchmarks in renewable energy.
The visit provided delegates with firsthand insight into how the project is generating firm renewable power in the UAE. The experience left a lasting impression, reinforcing Noor Energy 1’s role as a global leader in sustainable energy solutions.
