Emerge and EDB to collaborate on UAE solar projects

11 August 2025

UAE-based renewable energy firm Emerge and Emirates Development Bank (EDB) have signed a memorandum of understanding (MoU) for potential collaboration in developing and financing distributed solar projects in the UAE.

Under the MoU, Emerge – a joint venture of Abu Dhabi Future Energy Company (Masdar) and France’s EDF Group – will identify potential financing opportunities for renewable energy projects.

EDB will explore the provision of financing support for projects that Emerge intends to develop.

Emerge was formed in 2021 to develop distributed solar, battery storage, off-grid solar and hybrid solutions for commercial and industrial sectors.

The company currently supplies clean electricity to more than 40 commercial, industrial, educational and hospitality sites in the GCC region. It also manages a portfolio exceeding 250 megawatt-peak, spanning both operational projects and those under development.

ALSO READ: Sharjah inaugurates its first solar plant developed by SNOC and Emerge

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