U.K. investment firm, Arjun Infrastructure Partners is expected to bring strategic support and access to capital to the UAE-based solar developer.
The company’s unit Etihad ESCO will carry out the tendering process for the projects, which will be developed on facility close to DEWA’s water reservoirs.
The Shams Dubai initiative encourages DEWA residential and commercial customers to install rooftop PV systems under net metering in order to reduce their energy bills.
Report by the International Renewable Energy Agency shows large increase in number of people employed in renewable energy sectors, led by solar PV, which accounts for 3.1 million jobs.
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.
Middle East Solar Industry Association’s Solar Outlook Report 2017 suggests more than 5.7 GW of solar power – including concentrated solar power – is in the pipeline for the region, with 2017 poised to be strongest year yet.
With record-breaking announcements, job losses, company reshuffles and top-down branding decisions, it’s just another typical week in the fast-paced world of solar PV.
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