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Why India can't match the Gulf region's record-low solar tariffs
India's solar tariffs-- whilst several of the most affordable in the world-- are almost dual the Gulf region's United States cents 1.35-1.80/ kWh.
Aug 31, 2020 // Tariffs, Market Research, Saudi Arabia, India, Asia, Qatar, United Arab Emirates, Vibhuti Garg, Jyoti Gulia
ACWA Power Announces Financial Close for 900 MW PhV of MBR Solar Park
ACWA Power has actually completed the signing of all financing agreements of the 900 MW fifth stage of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai.
Sep 7, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, ACWA Power, Dubai, Rajit Nanda, International, solar projects
GSU Launches Chad Hybrid Solar to Curb Diesel
Abu Dhabi’s GSU breaks ground on a 5‑MWp solar‑battery‑diesel hybrid in Chad, cutting fuel costs, boosting grid stability, and catalyzing jobs, training, and new cold-chain, water, and industrial growth.
Feb 12, 2026 // Plants, Large-Scale, Commercial, Solar, hybrid, battery, Africa, chad, off-grid
Somabay Resort And TAQA Arabia Establish PV Solar Plant
Cairo, Egypt experienced the celebration of the launch of a 5MW PV solar plant in Somabay Resort possessed by TAQA Arabia, which is the full-service power as well as utility supplier in Egypt.
Jul 5, 2022 // Plants, Large-Scale, Commercial, TAQA Arabia, carbon footprint, desalinated water, PV Solar Plant, Somabay
Masdar looks to extend renewables placement in 'crucial market' Southeast Asia
Abu Dhabi-based renewables company Masdar has a "significant aspiration" to increase its tidy energy portfolio in Southeast Asia, a firm exec has actually told PV Tech.
Mar 2, 2021 // Plants, Markets & Finance News, Floating PV, Masdar, floating PV, Asia, Indonesia, Southeast Asia, Floating solar, Masdar Clean Energy, Ahmed Al Awadhi
Gigawatts of solar PV, energy storage breakthrough in Indonesia as Singapore interconnector strategies gather pace
Solar as well as energy storage space projects worth gigawatts of generation as well as storage space capacity have actually born down Indonesia's Riau Islands, with Singapore aligned to procure the electricity generated.
Apr 19, 2022 // Markets & Finance News, Asia, ib vogt, Singapore, Indonesia, rfp, joint venture, Anton Milner, renewables export, Quantum Power Asia, Simon Bell
Multilateral lenders finance Armenia's biggest PV plant
It has actually been 2 years because Fotowatio Renewable Ventures won the bid to create the 55 MW site as well as with money ultimately protected, the construct can proceed.
Jul 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Europe, Armenia, PV Power Plant, Mikel de Irala, Andrea Wiktorin
Portuguese government verifies globe record solar rate of $0.01316/ kWh.
The Portuguese government has disclosed some of the preliminary outcomes of the nationwide solar auction which closed on Tuesday. Antonio Delgado Rigal, president of energy forecasting solution Aleasoft, said that the 15-year contracts granted in the auction were the vital to understanding the reason of such an affordable price. This, combined with the civil liberties for land as well as grid link guaranteed by the auction, makes attractive bidding at small cost.
Aug 27, 2020 // Markets & Finance News, Storage, Grids, Portugal, Iberdrola, Enel, Europe, auction, AleaSoft, Antonio Delgado Rigal, Hanhwa Q Cells
AREMI, Renewable Manufacturing Initiative for Africa Launched
The Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE to step up financial investment as well as action for renewable energy development in African countries.
Jan 20, 2023 // Manufacturing News, Africa, abu dhabi sustainability week, Bloomberg Philanthropies, Africa Renewable Energy Manufacturing Initiative, African Climate Foundation, AREMI, Chinese Renewable Energy Industries Association, ClimateWorks Foundation, CREIA, Damilola Ogunbiyi, SEforALL
UAE Unveils $6 Billion Solar-Battery Project Initiative
The UAE is soaring toward sustainability, investing $6 billion in a massive solar and battery project, paving the way for clean energy innovation by 2027!
Jan 15, 2025 // Plants, Large-Scale, Commercial, Asia, UAE
India needs US$ 500bn financial investment to get to 2030 targets
India's renewables market will require to amass investments of around US$ 500 billion in order to meet its target of 450GW of tidy energy capacity by the end of the years.
Feb 16, 2021 // Markets & Finance News, India, Asia, IEA, Tim Buckley, Saurabh Trivedi
TAQA to spend USD 1.6 bn in renewables in Morocco
The Moroccan subsidiary of Abu Dhabi National Energy Company (TAQA) is preparing to invest USD 1.6 billion (EUR 1.5 bn) in renewable resource projects in the North African nation by the end of this decade, its chairman Abdul Majeed Eraqi stated on Tuesday as cited by regional media.
Mar 8, 2023 // Markets & Finance News, Africa, Morocco, TAQA
Is Eskom turning to solar?
The South African utility has issued a 20-strong tender for 50 kW solar inverters and mounting structures, to be used in four power plants. Although it is unclear whether the tender marks the energy company’s first step into solar energy, the procurement follows the recent publication of South Africa’s Integrated Resource Plan. Eskom is reportedly developing a renewables-linked large scale storage project which may explain the need for inverters.
Oct 28, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Inverters, tender, Africa, Chris Ahlfeldt, Eskom Holdings SOC Ltd, K.W. Miller
Masdar seals agreement to develop 400 MW of solar in Armenia
The Abu Dhabi-based clean energy group has entered into a formal agreement with an investment fund to develop 400 MW of PV capacity in Armenia, with a projected investment of up to $320 million.
Dec 3, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Mohamed Jameel Al Ramahi, David Papazian, ANIF, floating PV, Europe, Asia, Armenia, United Arab Emirates, frv
Masdar Acquires 50% Stake in US Renewable Developer
Masdar secures a 50% stake in Terra-Gen, boosting its US renewable energy ambitions and advancing global goals for sustainable power by 2030.
Oct 1, 2024 // Markets & Finance News, USA, Masdar, North America
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