Rolls-Royce To Power Etihad Fleet Expansion
tThe title of this post, is the same as that of this press release from Rolls-Royce.
These two paragraphs form the heart of the announcement.
Rolls-Royce (LSE: RR., ADR: RYCEY) welcomes announcement by Etihad Airways that it will expand its widebody fleet with aircraft powered by Trent 7000 and Trent XWB-97 engines.
At this week’s Dubai Airshow, the Middle Eastern carrier announced its intention to select 15 Airbus A330 Neo powered by the Trent 7000; seven Airbus A350-1000 powered by the Trent XWB-97; and 10 Airbus A350F freighter variants also powered by the Trent XWB-97.
Note.
- 32 twin-engined aircraft will need more than 64 engines, if you include spares.
- A 2014 list price of $37.9 million per Trent 7000 engine is a reference point.
- The contract would probably include a number of years of ongoing maintenance.
That is certainly what you could call a multi-billion dollar contract.
RWE Partners With Masdar For 3 GW Dogger Bank South Offshore Wind Projects
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
RWE has signed an agreement with UAE’s Masdar as a partner for its 3 GW Dogger Bank South (DBS) offshore wind projects in the UK.
These three paragraphs outline the deal.
The partners acknowledged the signing of the new partnership during a ceremony at COP28 in Dubai.
Masdar will acquire a 49 per cent stake in the landmark renewables projects while RWE, with a 51 per cent share, will remain in charge of development, construction, and operation throughout the life cycle of the projects.
RWE’s proposed DBS offshore wind project is made up of two offshore wind farms, Dogger Bank South East and Dogger Bank South West (DBS East and DBS West), each 1.5 GW, which are located over 100 kilometres offshore in the shallow area of the North Sea known as Dogger Bank.
Note.
- Masdar is an energy company headquartered in Abu Dubai.
- The Chairman of Masdar is President of COP28.
Does this deal indicate that wind farms are good investments for those individuals, companies and organisations with money?
$15mn Solar Plant Funded By UAE’s ADFD Gets Capacity Boost To 15MW
The title of this post, is the same as that of this article on Utilities Middle East.
This is the sub-title.
Financing part of the Fund’s commitment of $350 million to support renewable energy uptake in developing countries.
I have read the whole article and it puzzles me. There is no mention, as to what Abu Dhabi gets in return.
The Anonymous Widower 