Middle East

Two Emirati developers are celebrating landmark deals with a commercial and industrial focus as Yellow Door Energy secures $65 million to expand operations into new markets and Adenium – one of Yellow Door’s backers – prepares to operate the region’s first industrial self-consumption and net metering project.

Turkey appears to have installed a staggering 2,416 MW of new PV capacity in 2018, although careful study of the data may curb any excitement and solar’s role in the Turkish electricity mix remains negligible, with coal still dominant.

The Renewable Energy Project Development Office is tendering seven large-scale IPP solar projects. The exercise is part of Round 2 of the Saudi National Renewable program, which is expected to allocate almost 2.2 GW of PV capacity this year.

Companies in the United States accounted for more than 60% of the clean energy deals signed by corporations worldwide last year, according to BloombergNEF. A proposed renewable portfolio standard for Chinese business, though, could turn the picture upside down in a year’s time.

Auctions and new licenses will be suspended until the Jordanian government has assessed the capabilities of its power network.

The global market stagnated last year, with around 98 GW deployed. For 2019, the experts expect stronger solar growth, provided there are no setbacks in China.

Having equipped a three-digit MW volume of large scale and distributed generation projects throughout the region, Sungrow is ready for a rapid regional expansion. EMEA general manager Derek Huang told pv magazine at the World Future Energy Summit about his expectations across all market segments.

The Smart Grid Station wind-PV facility also incorporates a 500 kWh lithium-ion battery storage system, around 2,000 internet of things-derived sensors and smart meters. The plant was installed by the Dubai Electricity and Water Authority and Korean utility KEPCO.

MENA countries have made significant strides in recent years in the fostering of both large-scale and distributed solar market segments. However, some investors and developers may turn elsewhere for opportunities if there remains a predominance of large utility-scale projects dominated by a small number of players, writes Iwan Walters, a partner in the corporate practice of Eversheds Sutherland.

Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects, says Wood Mac.