China’s vast continent-spanning infrastructure project could fertilize solar growth along its perimeter at considerable scale as energy demand in the countries along the route is set to surge.
More than 100 domestic developers were interested in the seven-project, 1.515 GW generation capacity second round of the kingdom’s National Renewable Energy Program. That number has been reduced to dozens, according to a briefing note, and a request for proposals is expected within weeks.
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The Chinese state-owned infrastructure investment fund, which already has strong ties to the Saudi power company, will be a major shareholder in a Middle East and African clean energy portfolio that adds up to 1668 MW of generation capacity.
Swedish company Azelio is studying whether storage could ensure complete self-sufficiency for the 36,000-strong Azraq camp, which already draws 70% of its electricity from solar generation.
Overall, 64 companies have expressed interest in building the next 900 MW phase of the huge Mohammed bin Rashid Al Maktoum Solar Park. The first section of this part of the park is scheduled for completion in the second quarter of 2021.
Italian industrial group Maccaferri, the parent company of the insolvent EPC contractor, has also filed for insolvency for another three units of its energy business.
Amid mounting political tensions in the region, the city has issued a call for consultants to help it towards its ambitious 2050 climate goals through the use of a PV technology which is proving increasingly popular around the world.
There was plenty of innovation on display at this year’s SNEC, which closed yesterday afternoon at the Shanghai New International Expo Center. The three-day exhibition ran from Tuesday to Thursday, was well attended and still ranks as the world’s largest solar energy trade show.
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