ACWA Power

Jolywood delivery significant order of nTOPCon bifacial components to Oman Ibri II PV project

China-based PV backsheet as well as high-efficiency PV producer Jolywood (Suzhou) Sunwatt Carbon monoxide has actually begun shipments of its n-type TOPCon (Tunnel Oxide Passivated Contact) high-efficiency bifacial solar components to the 500MW-plus Oman Ibri II endeavor, a PV project being developed by ACWA Power.

May 15, 2020 // Manufacturing News, China, pv power plants, pv modules, c-si manufacturing, Asia, solar cell, monocrystalline wafer, bifacial modules, topcon, Oman, ACWA Power, jolywood suzhou sunwatt co

5th 900 MW stage of 5 GW solar park progresses in Dubai

The $570 million 5th stage of the project will certainly offer power at $0.016953/ kWh under a 25-year power acquisition arrangement. It is arranged to go on the internet in the 2nd quarter of 2021.

Apr 30, 2020 // Plants, Large-Scale, Commercial, Dewa, Asia, ACWA Power, UAE

Globe's leading utility-scale solar project developers Europe increases once again

The introduction of unsubsidised projects is assisting European business to increase back up the checklist of the globe's leading utility-scale solar project developers.

Apr 24, 2020 // Plants, Large-Scale, Commercial, Market Research, USA, Scatec Solar, Canadian Solar, China, Engie, First Solar, Cypress Creek Renewables, Europe, JinkoSolar, Asia, neoen, enel green power, GCL-Poly Energy Holdings, Trina Solar, SunEdison, North America, x-elio, 8minutenergy, ACWA Power, shell, NextEra Energy, Adani, tata power, Azure Power, Enerparc, Sempra Energy, AES Corporation, Shunfeng, sunpower corporation, State Power Investment Corporation, ACME Solar, juwi AG, China Three Gorges New Energy, EDF Energies Nouvelles, Abengoa Solar, Softbank, Hareon Solar, Greenko Energy Holdings, China Singyes

AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman

AIIB has actually authorized a USD 60 million lending to boost the eco-friendly power generation ability in Oman by funding a 500 MW solar PV project in the nation

Mar 27, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Oman, ACWA Power, AIIB, International

Oman's biggest PV project bags economic close in spite of COVID-19

A consortium consisting of Saudi company ACWA Power, Gulf Investment Corporation (GIC) as well as Alternative Energy Projects Co. (AEPC) has actually accomplished economic closure for a 500MWac planetary system in Oman even with the COVID-19 break out.

Mar 24, 2020 // Plants, Large-Scale, Commercial, Asia, Oman, opwp, ACWA Power, debt, AIIB, covid-19, gic, aepc

Masdar to construct 200MW Azerbaijan-based solar farm

The PV array will be installed 75km from the capital. The price of the winning bid has not been disclosed by the government. Apart from 200 megawatts of solar capacity, the tender included 250 megawatts of wind power, which has been awarded to ACWA Power.

Jan 10, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Masdar, Europe, ACWA Power, Azerbaijan

ACWA Power Signs Two Power Purchase Agreements with Ethiopian Electric Power

ACWA Power has revealed the signing of two Power Purchase Agreements with Ethiopia’s electricity producer, Ethiopian Electric Power, to build two 125 MW solar installations in Ethiopia.

Dec 24, 2019 // Markets & Finance News, PPA, Ethiopia, Africa, ACWA Power

ACWA Power switches on 50 MW solar farm in Jordan

The PV project, that was tendered by Jordanian utility NEPCO in 2017, will sell electricity at $0.059/kWh. The plant is situated at Jordan's Risha area, which is approximately 300 km northeast of Amman.

Dec 12, 2019 // Plants, Large-Scale, Commercial, Jordan, Asia, ACWA Power, NEPCO

Bangladeshi solar mini grids threatened by fossil fuel commitments

In racing to provide access to electricity to all its citizens, the government has commissioned extensive coal, gas and nuclear generation capacity and the solar sector fears an ever-expanding national grid will kill the business case for solar in previously off-grid areas.

Oct 25, 2019 // Markets & Finance News, Grids, Policy, Bangladesh, Asia, ACWA Power, Siddique Zobair

ACWA Power plans 3.6 GW of new fossil fuel capacity in Bangladesh

Renewables may be making encouraging advances in the south Asian nation but the natural gas infrastructure deal announced today by the Saudi power company at a stroke eclipses the 375 MW of solar capacity in Bangladesh and its 609 MW development pipeline.

Oct 22, 2019 // Markets & Finance News, Policy, Saudi Arabia, Bangladesh, Asia, ACWA Power, Paddy Padmanathan, Rajit Nanda

Race Heats Up For Title Of Cheapest Solar Energy In The World

Dubai has narrowly missed out on reclaiming the title of having the world’s cheapest solar photovoltaic (PV) energy, after receiving bids for the latest phase of a massive solar park on the desert outskirts of the city.

Oct 17, 2019 // Markets & Finance News, Tariffs, China, Asia, ACWA Power, Dubai, Tom Heggarty, mbr solar park, Abu Dhabi, Concentrated solar power

DEWA bags $0.016953/kWh tariff for 900MW of Dubai solar park

The Dubai Electricity and Water Authority (DEWA) has confirmed that it fielded a tariff of US$1.6953 cents per kWh in a recent tender for a 900MW plot of its 5GW Mohammed bin Rashid (MbR) solar parks – a bid it claims sets a world record for the indepedent power producer (IPP) model.

Oct 16, 2019 // Plants, Large-Scale, Commercial, Tariffs, Dewa, Asia, United Arab Emirates, Saeed Mohammed Al Tayer, tenders, ACWA Power, Dubai, gulf

900MW tranche of Dubai’s MBR solar park sees bid of $0.0175/kWh

The Dubai Electricity & Water Authority (DEWA) has allegedly attracted the second lowest global solar bid for a 900MW tranche of the 5GW Mohammed Rashid Al-Maktoum (MBR) solar park in Dubai.

Oct 15, 2019 // Plants, Large-Scale, Commercial, Tariffs, First Solar, Asia, tenders, ACWA Power, Dubai, UAE, mohammed rashid al-maktoum solar park, mbr solar park, gulf

ACWA’s ‘record’ bid wins 250MW Scaling Solar duo in Ethiopia

Saudi Arabian energy developer ACWA Power has won a 250MW duo of World Bank-backed solar projects in eastern Ethiopia.

Sep 16, 2019 // Plants, Large-Scale, Commercial, Grids, world bank, international finance corporation, Africa, Scaling Solar, tenders, ACWA Power, Arabia Saudi, pv projects

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