Thursday , 26 April 2018
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Green Technologies

MENA solar power projects pipeline set to double in 2018

By Anoop Menon, ZAWYA Project mix dominated by the Saudi market and solar photovoltaic systems The pipeline for solar power projects in the Middle East and North Africa (MENA) is set to double this year, with Saudi Arabia accounting for more than half of all projects, according to a new report published on Monday by the Middle East Solar Industry …

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JinkoSolar & Marubeni 1177 MW Sweihan Project Wins MESIA Large Scale Solar Project Award

JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the “Company,” or “JinkoSolar”), a global leader in the solar PV industry, today announced that its world record breaking 1177 MW Sweihan project, co-developed by JinkoSolar, Marubeni, and the Abu Dhabi Electricity and Water Authority (“ADEWA”), was named as the Large Scale Solar Project of the Year by the Middle East Solar Industry Association …

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Six-fold hike: Saudi steps up renewable energy targets in 2018

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day ACWA Power’s three Solar PV projects for 165.5MWp under Round 2 of Egypt FiT program II reach financial close By-Nada Al Rifai, ZAWYA Saudi Arabia has raised its target for renewable energy tenders to 4.125 Gigawatts (GW) in …

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Sunny side up: Solar will be cheaper than conventional power by 2020, says IRENA

Utility-scale renewable energy projects will generally produce cheaper power than fossil fuels by 2020, says the International Renewable Energy Agency. Staff Writer, ZAWYA Abu Dhabi Sustainability Week is underway, with the International Renewable Energy Agency (IRENA) opening its eighth annual assembly on Saturday, publishing a report which argued that renewable energy projects that were commissioned last year “largely” fell within …

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Work on $3bln Saudi Arabia’s New Taif energy project begins

TAIF – A major solar energy plant will be established in the techno valley of this summer resort as part of the SR11 billion New Taif project. The King Abdulaziz City of Science and Technology (KACST) has started building 600 bases for the plant. The energy project includes establishment of solar panels on the bases and construction of management and security …

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Renewable power potential in the Middle East

Declining renewable energy prices and increasing energy demand in the Middle East and North Africa (Mena) region present a unique opportunity for stakeholders to accelerate renewable energy production, invest in long-term competitiveness and energy security. The bright future for renewable energy in the region was explored in-depth at a recent Bloomberg New Energy Finance (BNEF) event in Dubai, attended by …

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Abu Dhabi to recycle, re-use all waste water by 2020

Growth of emirate’s population in last four decades also impacted the emirate’s environment negatively Abu Dhabi: By 2020 Abu Dhabi will recycle and re-use all of its wastewater within the emirate, officials said on Monday. As it stands now, Abu Dhabi currently reuses only five per cent of its treated wastewater while the emirate uses 60 per cent groundwater and …

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WGES 2017: Region needs green bonds to fund renewable schemes, says bank project finance head

By: Imogen Lillywhite, ZAWYA Capital markets need to get involved in investing in green projects to meet the region’s renewable energy targets, according to a UAE banking head. Frank Beckers, head of project finance and advisory, First Abu Dhabi Bank, told delegates at the World Green Economy Summit in Dubai on Wednesday that while the region was leading the way …

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WGES 2017: Dubai’s National Bonds signs $653 mln deal to finance clean energy projects

Dubai Electricity and Water Authority (DEWA) on Tuesday signed an agreement with National Bonds to set up a 2.4 billion UAE dirham ($653.4 million) green fund at the World Green Economy Summit (WGES) that opened in Dubai today. “The fund will also be the first major green fund that will have a dedicated arm for Sharia-compliant investments,” Saeed Mohammed Al …

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District cooling key to energy storage in future

District cooling and tri-generation will play an increasingly vital role in the storing and integration of intermittent renewable energy sources in the future, said an engineering consultancy expert. “We are all aware that renewables are on the way to becoming the dominant source of energy. But because of the intermittent nature of renewables particularly solar and wind as a power …

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