
News
Only one bid received for Oman hybrid-solar projects
Oman Rural Areas Electricity Company (Tanweer) project is for hybrid PV solar-diesel installations at 11 sites with a total power capacity of 146MW

News
Second phase of Tadweer solar plant commissioned
The second phase of Abu Dhabi Waste Management Centre's (Tadweer's) PV solar plant will reduce the company's carbon footprint by 1,300 tonnes

News
Egypt plans to sell electricity to Europe and Africa
Egypt is in talks with investors and energy traders about the potential of exporting excess electricity to grids in Europe and Africa

News
Acwa Power reaches financial close for Dubai 900MW solar project
The consortium led by Saudi Arabia's Acwa Power has signed all of the project finance agreements for the 900MW fifth phase of the Mohammed bin Rashid al-Maktoum solar park in Dubai. Financing agreements have been signed with nine lenders for the $564m ...

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Qatar solar project reaches financial close
Japan’s Mizuho Bank and export credit agency Japan Bank for International Cooperation (Jbic) have agreed to provide senior loans for the solar project, which will require a total investment of $467m.

News
Dubai 900MW solar project nearing financial close
A consortium led by Saudi Arabia’s Acwa Power signed the power purchase agreement with Dewa in April. The group was selected after submitting a world record tariff of $cents1.6953 per kilowatt-hour (kWh) in November 2019.

News
Dubai passes 2020 renewable energy target
State utility Dubai Electricity & Water Authority (Dewa) has announced that the Mohammed bin Rashid (MBR) solar park is now producing 1,013MW of solar energy, accounting for 9 per cent of the emirate's total power generation

News
Abu Dhabi sets target for PPA signing for 2GW solar project
World record low tariff was submitted in April for the planned Al-Dhafra PV solar IPP in Abu Dhabi