Saudi Arabia

Middle East solar pioneers have their efforts recognized

DEWA projects featured strongly in this year’s accolades but there was also recognition for projects beyond the region and some eye-catching innovations.

‘A swift transition to renewables would be unfair and cause chaos’

In the face of increasingly strident global calls to turbocharge the switch from fossil fuels to clean energy, remarks from the Saudi and Emirati energy ministers in Abu Dhabi this week will do little to encourage hopes the world can contain global temperature rises below 1.5C.

UAE minister and OPEC chief says IRENA’s solar forecasts for Gulf nations will prove conservative

With the International Renewable Energy Agency’s number-crunchers predicting almost 5.4 GW of new solar across the six Gulf Cooperation Council nations today, Suhail Mohammed Faraj Al Mazroui said his nation alone would install 6-7 GW of new renewables capacity by 2024, as pv magazine editor-in-chief Jonathan Gifford reports.

Saudi Arabia to tender 2.22 GW of solar in 2019 and wants 40 GW in 2030

The Renewable Energy Project Development Office of Saudi Arabia is planning to tender 11 PV power projects with a combined capacity of 2,225 MW this year. The country’s solar target for 2023 has been revised up from 5.9 GW to 20 GW, and that for 2030 set at 40 GW.

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Taqnia announces completion of phase 1 Layla Solar Plant, first Saudi IPP project

Taqnia Energy, a subsidiary of the Saudi Technology Development and Investment Company, has announced the completion of the first 10 MW phase of the Layla Solar Plant. The facility will cover approximately 10% of the power needs of the province of Al-Aflaj.

Sipchen begins production of EVA films at 4,000 MT factory

The Saudi oil company has started manufacturing activities at its $40 million facility in the Hail Industrial City. The factory is being run by the group’s unit, Saudi Specialized Products Company (SSPC).

Saudi Arabia plans new long-term RE targets, will resume tenders

Although the Saudi authorities were expected to launch tenders for 3.3 GW of solar last year, these were postponed. According to local industry sources, when new targets for renewables are set and more clarity on solar capacity expansion provided, the first tenders will be issued. The new targets are expected to also include the ambitious 200 GW project announced by the Saudi Government last March.

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Fine is mounting up against FAS

The Saudi developer is reportedly suffering fines of $700/MW/day for late delivery of a project at the Benban solar complex in Egypt as 180 MW of plants near completion.

ACWA receives $320m financing for 300 MW Saudi project

The project, tendered by the Saudi authorities in February, will be built by a new company, which is 70% controlled by the energy giant and 30% by contractor AlGihaz Holding. The plant will sell power to the Saudi Power Procurement Company (SPPC) at SAR 0.08872 (US$0.0236) per kWh.

Schmid signs $430 milion LoI in Saudi Arabia

The German PV equipment manufacturer has signed two letters of intent (LoI) for joint ventures with companies from Saudi Arabia at the Future Investment Initiative (FII) Forum. The company declined to comment on the current political situation.

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