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AfDB Approves $27 Mn Loan to Establish 200 MW Solar Plant in Egypt
The plant, 800 kilometres south of Cairo, is owned by ACWA Power, a leading Saudi Arabian programmer, financier and operator of power generation and desalinated-water
Mar 9, 2021 // Plants, Large-Scale, Commercial, Asia, Africa, Egypt, AfDB, African Development Bank, kom ombo, Solar Power Plant, Electricity, Kevin Kariuki
Round monocrystalline solar cells with 18.93% efficiency
group of researchers from Saudi Arabia's King Abdullah University of Science and also Technology (KAUST), the University of Jeddah, and the University of California,
Jun 19, 2020 // Technology, Manufacturing News, Saudi Arabia, monocrystalline, solar cells, Asia, efficiency, KAUST
Breakthrough Enhances Stability of Perovskite Solar Cells
Revolutionizing solar energy, researchers unveil a game-changing molecule boosting perovskite solar cells' efficiency to 24.55% while ensuring remarkable stability—transforming renewable energy's future!
Oct 3, 2024 // Technology, solar cell, perovskite, efficiency
ClearVue Expands Solar Glass Reach in UAE Market
Vision glass.The company plans to extend its distribution into the Indian and Saudi Arabian markets by 2025, leveraging Alutec's manufacturing expertise. ClearVue's
Jan 13, 2025 // BIPV, Manufacturing News, Asia, UAE, ClearVue Technologies
ACWA Power Announces Financial Close for 900 MW PhV of MBR Solar Park
Power, a leading Saudi Arabian developer, financier and driver of power generation plants, has announced that it has actually finished the finalizing of all financing
Sep 7, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, ACWA Power, Dubai, Rajit Nanda, International, solar projects
ACWA Powers Up Solar Initiatives Across Africa BP Delays Commissioning of Major AREH Hydrogen Project
200,000 homes, ACWA Power continues to expand its footprint in Africa. The Saudi Arabian company has invested about USD 7 billion in various projects across the
Oct 28, 2024 // Plants, Large-Scale, Commercial, ACWA Power, hydrogen project
Reliance invests US$ 29m in NexWafe, aims to develop 'giga-scale' wafer production in India
Reliance New Energy Solar (RNES) has invested US$ 29 million in German wafer modern technology business NexWafe's Series C funding round as it looks to develop wafer production facilities in India.
Oct 13, 2021 // Manufacturing News, Markets & Finance News, India, Asia, wafers, monocrystalline wafer, nexwafe, reliance group, Reliance Industries
EDP Renewables targets distributed generation in US after C2 Omega acquisition
Zahid Group created a joint venture in March to create PV setups for Saudi Arabia's C&I
Mar 5, 2021 // Markets & Finance News, USA, EDP Renewables, North America, distributed solar, C2 Energy Capital, Candice Michalowicz, small scale solar, distributed generation, commercial and industrial, edp renováveis
South Africa launches request for propositions for 1GW of solar PV
to be connected to the grid from August 2022. Amongst the favored bidders are Saudi Arabia's ACWA Power as well as South African renewable energy programmer Mulilo.
Mar 22, 2021 // Markets & Finance News, tender, solar-plus-storage, Africa, eskom, South Africa, ACWA Power, Gwede Mantashe, solar wind hybrid, G7 Renewable Energies, power cuts, procurement, Killian Hagemann
Sub-standard PV equipment worries Bangladeshi solar developers
Visitors to this year’s Solar Bangladesh Expo have called for the implementation of quality standards on solar imports – action which the government is currently pursuing – with one industry insider rubbishing Indian-made products.
Oct 20, 2019 // Solar, India, Bangladesh, Asia, Shamim Ahsan, Nuher L Khan, Joules Power Ltd, Debdeep Majumdar
ACWA Power Launches 200-MW Solar Plant in Uzbekistan
Saudi Arabia's ACWA Power Co has commenced commercial operations for its 200-MW solar photovoltaic project in the Tashkent region of Uzbekistan, known as the Riverside project. This facility, which recently received its Commercial Operation Certificate, will also incorporate a 334-MW/550-MWh battery storage system, currently under construction. The project operates under a Build, Own, Operate, Transfer (BOOT) model and is backed by a 25-year power purchase agreement with JSC National Electrical Grid of Uzbekistan.Earlier this year, ACWA Power secured financing for the Riverside project, along with debt for its 100-MW Nukus 1 wind project. The company is also focusing on two additional solar parks with a total capacity of 1 GW and two battery systems of 334 MW each, as well as 500 kilometers of high-voltage transmission lines in Uzbekistan. What key features and future plans accompany ACWA Power's Riverside solar project in Uzbekistan? Key Features and Future Plans for ACWA Power's Riverside Solar Project in Uzbekistan Project Capacity and Efficiency: The Riverside project has an installed capacity of 200 MW, which marks a significant step in Uzbekistan's transition to renewable energy. This solar photovoltaic facility will contribute to decreasing reliance on fossil fuels in the region. Advanced Battery Storage: In addition to the solar capacity, the integrated 334-MW/550-MWh battery storage system is designed to enhance the reliability and efficiency of energy delivery, allowing for better management of supply and demand, especially during peak usage times. Sustainability Goals: ACWA Power is committed to sustainability and reducing carbon emissions. The Riverside project aligns with Uzbekistan's national targets for increasing renewable energy installations and achieving carbon neutrality. Economic Development: The project is expected to create numerous local jobs during construction and operations, contributing to the economic development of the Tashkent region and enhancing energy security for Uzbekistan. Infrastructure Expansion: As part of its future plans, ACWA Power is focusing on building two additional solar parks with a total capacity of 1 GW. This expansion is essential for meeting the country's growing energy needs and advancing its renewable energy agenda. Enhancement of Grid Connectivity: The construction of 500 kilometers of high-voltage transmission lines will facilitate the integration of the new renewable projects into the existing grid, ensuring that generated electricity can be efficiently transported to consumers. Long-term Investment Model: Operating under a Build, Own, Operate, Transfer (BOOT) model with a 25-year power purchase agreement reflects ACWA Power's commitment to long-term investment and stable returns, providing assurance to stakeholders and investors about the project's sustainability. Financing and Partnerships: The successful securing of financing for both the Riverside solar project and the Nukus 1 wind project highlights ACWA Power's robust financial strategy. Strategic partnerships will play a crucial role in scaling up renewable energy infrastructure in Uzbekistan. Future Innovation: ACWA Power is likely to explore innovative technologies, such as advanced photovoltaic systems and smart grid solutions, to enhance project efficiency and responsiveness to market demands as part of their ongoing commitment to energy innovation. Regulatory Support: The Uzbek government is actively supporting renewable energy initiatives, creating an enabling environment for projects like Riverside to flourish, which includes favorable policies and incentives aimed at attracting foreign investment. Together, these features and plans position ACWA Power's Riverside project as a pivotal component of Uzbekistan's renewable energy landscape and contribute to regional sustainability targets.
Nov 14, 2024 // Plants, Large-Scale, Commercial, Asia, Uzbekistan, ACWA Power, PV Power Plant, Riverside solar project
Active cooling for PV modules in floating arrays
from Saudi Arabia's Majmaah University and also Italy's Polytechnic University of Milan have actually designed an active cooling system for photovoltaic panels
Sep 15, 2020 // Technology, Manufacturing News, Floating PV, floating PV, JinkoSolar, Asia, Pakistan, cooling
Inverted perovskite-silicon tandem solar cell with 29.3% effectiveness
Researchers in Saudi Arabia have built an inverted perovskite-silicon tandem device with a 1 nm thick interlayer based on magnesium fluoride (MgFx). They declare it can quit voltage losses and boost power conversion performance, while preserving 95.4% of its initial performance after 1,000 hrs.
Jun 29, 2022 // Technology, Saudi Arabia, Asia, efficiency, KAUST, perovskite-silicon, solar sell
Climate-Tech VC Investing Tops $17bn in 2020
maker learning to identify as well as sort waste plastics. On January 31, Saudi Arabia's Ministry of Energy announced that a brand-new AI center will be constructed
Mar 18, 2021 // Markets & Finance News, BloombergNEF, Total Carbon Neutrality Ventures, Total SE
Largest solar thermal power stations (CSP) list
in February 2019, 10 hours thermal storage 50 Waad Al Shamal ISCC Plant Saudi Arabia map General Electric ISCC with parabolic trough   Commercial
Oct 14, 2024