Energy Ownership refers to the concept of individuals, communities, or organizations having control and legal rights over the production, consumption, and distribution of energy resources. This concept encompasses the ability to generate, manage, and utilize energy, particularly from renewable sources like solar, wind, or biomass. Energy ownership aims to empower stakeholders to make decisions regarding their energy needs and investments, promoting sustainability, energy independence, and economic benefits. It often involves the establishment of decentralized energy systems, where local entities take responsibility for their energy production and use, leading to greater resilience and adaptability to changing energy demands and environmental concerns.
After a series of strategic moves and acquisitions, Saeta Yield, a prominent player in the renewable energy sector, is now under new ownership. Masdar, a state-owned Emirati renewable energy company…