Abu Dhabi lifts 2035 solar target to 35 GW, sets 15 GW storage goal

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-23 • Permanent link

Renewed ambition has sent shockwaves through the energy sector as Abu Dhabi's Electric and Water Authority (EWEC) has announced an ambitious plan to increase its solar target to over 35 gigawatts by 2035, up from the previously set target of 30 GW. The move has sparked widespread interest among investors, with many analysts predicting a significant boost in the region's renewable energy market. Industry insiders have welcomed the move, citing the growing demand for sustainable energy solutions and the potential for Abu Dhabi to become a global leader in the field. As the news broke, the Abu Dhabi Stock Exchange surged, with shares in EWEC and other renewable energy companies rising by as much as 10% in a single day.

Firms such as Saudi Arabia's ACWA Power and the United Arab Emirates' Masdar City have long been at the forefront of the region's renewable energy revolution, and Abu Dhabi's bold new target is set to further accelerate this trend. As the demand for clean energy continues to grow, investors are increasingly looking to the Middle East as a key region for investment, with many expecting Abu Dhabi's solar target to become a benchmark for other countries in the region. The implications for consumers are also significant, with many experts predicting a significant reduction in energy costs and a shift towards more sustainable and environmentally-friendly energy sources.

The decision to increase Abu Dhabi's solar target is a significant development in the global energy landscape, and experts point to the region's unique combination of sunshine, water resources, and government support as a key factor in its success. The UAE's efforts to diversify its economy and reduce its reliance on oil have also played a significant role, with renewable energy seen as a key part of this strategy. As the global energy landscape continues to evolve, Abu Dhabi's bold new target is set to be watched closely by policymakers and industry leaders around the world.

As the dust settles on Abu Dhabi's ambitious new solar target, investors and policymakers are already looking to the future, with many expecting a significant increase in investment in the region's renewable energy sector. The next few years will be crucial in determining the success of Abu Dhabi's strategy, with many experts predicting a significant increase in investment and a further acceleration of the region's renewable energy revolution. With the UAE's ambitious plans for a 50% reduction in greenhouse gas emissions by 2050, Abu Dhabi's solar target is set to play a key role in this effort, and the world will be watching with great interest as the region's renewable energy sector continues to evolve.