The $155,4 million project was secured by the Saudi energy giant through a tender held in 2019. The facility will sell power at a price of $0.02752/kWh.
An international research team has tested change material heat sinks for heat management on a concentrator photovoltaic system. It found that increasing over height ratios lowers the formation of stratified liquid layers, which in turn reduces the potential hot spots in the upper part of the solar cell.
The scale of fossil fuel deals signed between African governments and U.K. oil and gas interests reportedly amounted to more than 11 times the volume of renewable energy commitments as Britain scrambles for post-Brexit financial opportunities.
Solar deployment continued to pick up in the Middle East and North Africa in 2019, the Middle East Solar Industry Association has said in its annual report.
By this time next year we may be able to wave goodbye to that old chestnut about renewables endangering security of supply. Elsewhere, the price of lithium – and the products it goes into – could go either way after tanking this year.
The European Bank for Reconstruction and Development is offering the funds to Egypt’s transmission system operator to strengthen the country’s grid to host more renewable energy in anticipation of rising power demand over the coming decade.
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