Abu Dhabi will soon be home to a 5.2-GW solar farm – snagging the top spot on the global solar energy plant leaderboard.

Abu Dhabi-listed cryptomining and blockchain conglomerate Phoenix Group has struck an 80-megawatt (MW) power purchase agreement (PPA) in Ethiopia, it said on Wednesday, as it pursues a global diversification strategy by entering the Africa market.

Global Forecast as of 12:00 GMT Wednesday, January 22, 2025

Abu Dhabi-based technology conglomerate Phoenix Group has acquired an 80 megawatt (MW) power purchase agreement (PPA) in Ethiopia. It follows just weeks after the company launched a 50MW cryptocurrency mining facility in North Dakota in the US.

Global Forecast as of 12:00 GMT Wednesday, January 22, 2025

BAKU, Azerbaijan, January 20. The Turkish Consulate General in Aleppo has renewed its activity after 13 years of break, Trend reports.