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Abu Dhabi-based renewables designer Masdar has begun deal with a project for the implementation of 1 GW of solar capacity in 4 governorates in Iraq, the country's Ministry of Electricity claimed on Sunday.

Utility Kahramaa has revealed the winning consortium initially offered $0.01745/kWh with the price then reduced based on financial market indices.

Saudi Arabia-based utility programmer Acwa Power is prepared to implement solar photovoltaic or pv (PV) forecasts it has actually proposed to develop in Iraq once the brand-new government permits to proceed.

A consortium led by Dubai-based AMEA Power LLC has actually been granted a 120-MW solar project in the 6th round of a tender in South Africa.

First Solar has broken ground on a record-breaking $1.1bn PV panel manufacturing facility in Louisiana. The facility, expected to start commercial shipments by the first half of 2026, will create 500 construction jobs and increase the company's nameplate manufacturing capacity by 3500MW.

Private equity company Actis has actually struck a deal to obtain a controlling interest in Dubai-based solar platform Yellow Door Energy Ltd with over 200 MW of protected manufacturing capacity.

The Ministry of Electricity Transmission Establishment is looking for to construct a 23 MW solar center in Damascus as well as a 40 MW plant near Homs.

Masdar has been selected as the preferred bidder for the 6th phase of the Mohammed bin Rashid Al Maktoum solar complex in Dubai. The project, with an LCOE of EUR 0.015/kWh, will cost up to AED 5.51bn and will be commissioned in stages from 2024. The solar park is planned to reach 5 GW by the end of the decade.

Scientists from American National Renewable Energy Lab have discovered a new technology to cut the costs of manufacturing of a very efficient (but at the same time extremely costly) GaAs solar cell.

ACWA Power has received commercial-operation certificates for three Saudi PV plants totaling 2.79 GW, with financial impact expected in the second half of 2025.

Despite a record amount of investments internationally in solar farms, electrical vehicles and other low-carbon projects, less cash mosted likely to countries last year that have contributed the least to climate change.

Canadian energy transport as well as circulation group Enbridge Inc (TSE: ENB; NYSE: ENB) has actually secured a USD-270-million (EUR 275.7 m) bargain to get US renewables developer Tri Global Energy (TGE) which has a development portfolio of over 7 GW of wind as well as solar.

Dubai-based solar platform Yellow Door Energy Ltd (YDE) has shut a USD-400-million (EUR 412.2 m) equity raise, securing the funding needed to fully fund its organization prepare for the next five years.

The, otherwise reported, 1 GW or 1.5 GW, $1.2-1.43 billion 'Dibdibah' or 'Dabdaba' solar project is supposedly in danger of being deserted completely. The ambitious project was expected to have hurt in the very first quarter of 2018 for completion this year.

Set up by Abu Dhabi Fund for Development for financial objectives, the Abu Dhabi Exports Office (ADEX), will certainly provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa.