Tag: TAQA

TAQA and Octopus Energy Group’s Kraken team up to drive decarbonisation in the Middle East and Eurasia

Stuart Mitchell

Next generation energy technology provider Kraken Technologies is teaming up with Abu Dhabi National Energy Company PSJC (TAQA), one of the largest listed integrated utilities in Europe, the Middle East and Africa to launch a pilot project to trial the Kraken platform with TAQA’s power and water customers in the UAE. This program supports TAQA’s focus on operational excellence, optimisation and digitalisation across the value chain to improve customer services as well as exemplifying a high-performing and efficient transmission and distribution business.  The companies are also exploring a joint venture…

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Xlinks’ first-of-a-kind renewable energy project secures backing from TAQA and Octopus Energy

Stuart Mitchell

Xlinks First Limited has reached a critical early milestone with the successful closing of its new development funding round raising GBP30 million. The investment comes after securing GBP25 million (AED113 million) of investment from Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in the Middle East and North Africa region and GBP5 million (AED22 million) from global energy technology business, Octopus Energy Group. With their investment, TAQA and Octopus are validating Xlinks’ plans to lay the world’s longest high-voltage direct current (HVDC) subsea…

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