UAE state-owned renewable energy firm Masdar launched a $ 6 billion 1 GW solar energy facility with battery storage. The project is expected to start operations by 2027. Sultan Al Jaber, Chief Executive of Abu Dhabi National Oil Company and the UAE Minister of Industry and Advanced Technology, noted that the growth of energy-intensive applications such as ChatGPT could drive a 250% surge in power demand by 2050, reaching 35,000 GW. He emphasized the importance of diversifying energy sources to address the rising demand.