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flag UAE sets world record with solar project, achieving the lowest solar energy tariff at 1.32 cents/kWh.

flag The UAE has set a world record with its Masdar Al Dhafra solar project, achieving a low solar energy tariff of 1.32 cents per kilowatt-hour. flag The project, completed during the pandemic, can power about 200,000 homes and reduces carbon emissions by 2.4 million tons annually. flag The UAE is leading the Gulf region in renewable energy, aiming for 75% clean energy by 2050, and is expected to contribute up to $2 trillion to the GDP by 2030 through sustainable finance. flag The UAE is also launching a massive 24/7 solar and battery storage project, further cementing its role in renewable energy innovation.

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