300 MW UAE Pipeline & HoT signed for 8 MW

Summary by AI BETAClose X

Active Energy Group has signed Heads of Terms for the initial phase of a 300 MW pipeline in the UAE. Construction has started on the first 8 MW, targeted for completion by January 2026, with an application submitted to increase the site capacity by 25 MW to a total of 33 MW. This initial stage requires a $2.5 million investment. The company aims to have the first 8 MW operational by the end of 2025. A 60 MW site is under negotiation and expected to be signed off in early 2026, with plans to scale to the full 300 MW pipeline within 36 months.

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