Middle East Investment giant invests in five renewable projects | TheCable

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Middle East Investment giant invests in five renewable projects via thecableng

The Dubai Investment Fund will invest in renewable energy projects in Australia, Spain, and Germany. These projects will include solar, wind, and energy storage., one of the world’s largest independent international investment funds and asset managers, will invest in five projects aimed at developing renewable energy sources in Australia and Europe.

According to sources, the projects that the DIF will assist include two start-ups that are solar power plants for local communities in Australia. These plants will be located in Australia. These initiatives will boost the area’s energy supply by using the weather conditions typical of the region. It is anticipated that the project will generate approximately 300 MW of solar power in its preliminary phase.In Europe, there will be the development of two further projects.

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