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.
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.
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.
Smart-grid based hybrid wind-solar project goes online in Dubai
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.
Abu Dhabi developer pledges to double renewables generation capacity to 8 GW within five years
The CEO of Masdar has reportedly told Reuters of his company’s ambition and said it would partly be achieved by developing projects in new territories.
Dubai set to launch phase V of Mohammed bin Rashid Al Maktoum Solar Park
The Dubai Water and Electricity Authority (DEWA) has issued a tender to seek IPP advisory services for the fifth phase of the gargantuan solar plant. After launching the first four phases, which are set to reach a combined capacity of 1 GW, the emirate is now assessing how to reach the 5 GW target set for the project by 2030
DEWA announces new R&D subsidiary
HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Company (DEWA) announced that the firm has launched a new wholly owned investment subsidiary. It is called Jumeirah Energy International Silicon Valley Company and, as the name entails, is found in the Silicon Valley in California.
Shanghai Electric, ACWA to build 700 MW CSP plant phase four of Raschid al-Maktum solar park
A consortium consisting of Chinese Shanghai Electric and Saudi ACWA Power has bagged an order to build a 700 MW CSP plant, the fourth phase of the 1 GW Mohammed bin Raschid al-Maktum solar park located in the Dubai Desert.
EDF joins consortium building phase III of Dubai’s 1 GW solar plant
The French power utility will join forces with a consortium led by Abu Dhabi-based developer Masdar to build the third 800 MW phase of the largest PV project in the UAE.
DEWA confirms 200 MW solar project is 80% complete
The record-breaking second phase of the Mohammed bin Rashid Al Maktoum Solar Park is now over 80% complete, with progress going well for the April 2017 completion target, as the park continues to grow with an eventual goal of being 5 GW in size.
