Solar Energy (12)

Solar energy involves capturing the light and heat from the sun and converting it into electricity. This can be harnessed nearly everywhere in the world but particularly in sunny climates. Solar is an inexpensive, clean, renewable energy resource and with the falling costs of installing solar panels it will play an important part in the global energy future.

Only one bid received for Oman hybrid-solar projects
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

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Second phase of Tadweer solar plant commissioned
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

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Egypt plans to sell electricity to Europe and Africa
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

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Acwa Power reaches financial close for Dubai 900MW solar project
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
News

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.

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Trina Solar launches Vertex 600W Series PV Module
News

Trina Solar launches Vertex 600W Series PV Module

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Construction work underway on Engie's Saudi Arabia solar project
News

Construction work underway on Engie's Saudi Arabia solar project

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Dubai 900MW solar project nearing financial close
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.

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Dubai passes 2020 renewable energy target
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

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Abu Dhabi sets target for PPA signing for 2GW solar project
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

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Bidders wait for Saudi 600MW solar independent power project
News

Bidders wait for Saudi 600MW solar independent power project

Two consortiums submitted best and final offers for 600MW Fasiliyah PV IPP on 19 April

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