The weekend read: Shedding light on PV in MENA
ACWA Power has an installed capacity of more than 1 GW of PV projects across MENA, Southern Africa, and Southeast Asia, and was awarded the landmark Sakaka Project – Saudi Arabia’s first utility scale PV project – which it began to construct in November 2018. pv magazine caught up with Paddy Padmanathan, CEO of the Saudi-based energy giant to discuss the Middle East’s growing solar markets.
EWEC opens 2 GW Al Dhafra tender in Abu Dhabi
The huge site would have to be operational in the opening quarter of 2022 and follows the recent completion of the gigawatt-scale Noor Abu Dhabi site. The successful developer would secure a 40% slice of the Al Dhafra project, under Abu Dhabi rules.
Ideematec banks new investment worth millions for business expansion
The solar tracker supplier is benefiting from a steadily growing PV market and has inked a deal with ABN AMRO Energy Transition Funds for new capital to expand its operations.
Dubai claims to have reduced carbon emissions 19%
The extraordinary statement, made on Sunday by the emirate’s electricity and water authority, compares current per capita figures to a ‘business as usual’ scenario.
Study examines 7.8 TW solar potential of the Belt and Road route
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.
Saudi Arabia reportedly reduces NREP phase II bidders to around 60 companies
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.
PV Modules 4.0: Ultra-high efficiency to deliver lowest LCoE in Middle East and African regions
As utility scale projects and distributed generation (DG) gain momentum in the Middle East and North Africa, what part will ultra-high efficiency modules play? And how much can choosing the right module minimize LCoE, and maximize IRR in the Middle East and African regions?
Join our webinar to find out how module technology innovation can increase production yields in Middle East and African regions, as well as how ultra-high efficiency modules will enhance reliability and performance and reduce risk.
Saudi’s ACWA Renewables sells 49% stake to China’s Silk Road Fund
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.
Energy storage could see refugee camp powered entirely by solar
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.
