Phase IV of 5 GW Mohammed bin Rashid Al Maktoum Solar Park reaches financial close
Phase IV of the huge solar park includes a 700 MW CSP plant and a 250 MW PV facility. Funds for the $4.2 billion project will be provided by banks from the United Arab Emirates and China, as well as other international lenders.
DEWA to mount solar rooftops on 10% of Dubai homes
Dubai’s residential sector is set to experience a lift this year thanks to plans to install solar rooftops on 10% of the emirate’s homes. The DEWA-funded rooftop program was launched under the Shams Dubai initiative, which offers net-metering for small-scale solar.
Dubai’s DEWA seeks proposals for phase V of 5 GW Mohammed bin Rashid Al Maktoum Solar Park
The utility has issued a request for qualification for a further 900 MW of PV at the huge solar park, which is set to reach a total capacity of 5 GW.
Markets started to embrace non-conventional modules in 2H 2018
Analysts at PV InfoLink said the number of markets open to new technologies such as half-cut and shingled panels is constantly rising. Australia, Japan, Spain, the UAE and Brazil were cited as the hottest markets for Chinese “special modules”. Total annual production in China for half-cut modules, which are set to increase their market share this year, should reach around 20 GW.
UAE to invest in 100 MW Bangladesh solar plant
Details are few at this stage, with a site for the big project still to be selected, although the Bangladeshi government has confirmed the tariff for electricity produced by the plant will be $0.095/kWh.
Abu Dhabi utility fires starting gun on 2 GW solar project
A giant project is planned in Adhafra, near Abu Dhabi. Interested developers have until March 5 to prequalify for the tender.
DEWA begins work on hydrogen facility at Rashid Al Maktoum park
Only three months after issuing the project tender, the Dubai Water and Electricity Authority is building the plant with the support of Expo 2020 Dubai and Siemens.
The weekend read: The untapped potential of the MENA region
The region’s climate, developing economies and demographic growth are driving increased electricity demand in the Middle East and North Africa. However, as a hub of conventional energy supply, the region has been slow to embrace PV. To capture more of the value chain and deliver the full potential of solar, there are increasing calls for distributed generation deployment to play a bigger role.
Dubai funding commitments demonstrate rise of corporate solar
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.
PV Market Alliance expects 120 GW of new solar capacity in 2019
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.
