Trina Solar Co., Ltd., which delves into smart solar energy solutions for a net-zero future, has revealed that its revenue for the first six months of 2023 totalled US$7.13 billion, while the company delivered more than 75 GW of its 210mm modules in total by the end of June 2023. This is according to its latest financial report. The financial report for the first half of 2023 highlights several key milestones for Trina Solar, showcasing the company’s focus on providing convenience and value to customers. From January to June, Trina Solar demonstrated its expertise as an industry leader in 210mm…
Author: Saur News Bureau
The United Arab Emirates will be investing whopping $4.5 billion in clean energy in Africa. This was disclosed during the landmark climate summit hosted by Kenya, recently. The summit aimed at attracting funding for efforts to combat global warming. The three-day (4th September – 6th September) event in Nairobi, which began yesterday, will be bringing together African leaders to define a shared vision for green development on the diverse continent of 1.4 billion people. “We will deploy $4.5 billion to jumpstart a pipeline of bankable clean energy projects in this very important continent,” said Sultan Al Jaber, who heads the…
The consortiums of Abu Dhabi Future Energy Company, Masdar as well as of China’s Jinko Power have been shortlisted for the development of 1,500MW solar PV projects in the Saudi Arabia. This was announced by the Saudi Power Procurement Company (SPPC), recently. According to SPPC,the fourth round (R4) of solar projects being implemented under the National Renewable Energy Program (NREP) – which include 1,100MW Al Henakiyah and 400MW Tabrajal. The project are being implemented on a build, own and operate (BOO) model. The firm said that the work on the project will begin by next year and it is expected …
Eng Yahya al Rawahi has been appointed as a new Chief Executive Officer (CEO) of the newly launched Wadi Noor Solar Power Company (WNSPC). The firm is the joint venture, that is responsible for the implementation of a new 500 MW solar PV based Independent Power Project (IPP) at Manah in Al Dakhiliyah Governorate. The project is also known as ‘Manah I Solar IPP’ and is in the early stages of construction in the Wilayat of Manah – one of two identical solar PV schemes that will be built side by side to create Oman’s biggest grid-connected renewable energy project…
Oman’s Petroleum Development Oman (PDO) has plans to set up a 100 MW solar plant with an energy storage facility in the north of the sultanate and also has plans to build its first wind farm. The proposed hybrid project will be built in the Northern part of the Block 6 concession and will be PDO’s second utility-scale solar project and Oman’s first solar-plus-storage facility. The firm said in its recent Sustainability Report, that the solar park would accommodate additional 30-MW battery storage system charged by an additional solar capacity in order to maintain PDO grid stability and safeguard power…
Saud-based ACWA Power, a firm which delves into water desalination, green hydrogen, energy transition, has achieved financial closure for the Kom Ombo project for 200 MW capacity. This effort entails a utility-scale solar power plant located in Egypt. The project entails a cumulative investment worth $182 million and the said facility is set for commercial operations by January 2024. The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development, the African Development Bank (AfDB), AfDB’s Sustainable Energy Fund for Africa (SEFA), the Green Climate Fund (GCF), Arab Petroleum Investments Corporation (APICORP), and the Arab Bank have…
Jordan’s 24-megawatt solar photovoltaic project in the Disi area will begin its operations soon through the Planning and Management Department’s Energy Unit (EnU). In its statement, Ministry informed about the successful completion of the BE reverse electrification process, which is a joint effort between the Ministry and the National Electric Power Company (NEPCO). “Comprehensive assessments are currently underway, led by the independent engineering firm TUV, which was endorsed by both the Water Authority of Jordan and NEPCO. The assessments aim to ascertain the project’s readiness for commercial deployment,” said the Ministry. Water Minister Mohammad Najjar said, “SEPCOIII Electric Power Construction…
Saudi’s energy firm ACWA Power has reached a financial closure for the 200-megawatt (MW) utility-scale solar power plant in Egypt with a total investment cost of $182m. The project is expected to start operations by January 2024. In a statement, ACWA Power said that the financing institutions for the Kom Ombo project include the European Bank for Reconstruction and Development (EBRD), OPEC Fund for International Development (the OPEC Fund), African Development Bank (AfDB), AfDB’s Sustainable Energy Fund for Africa (SEFA), Green Climate Fund (GCF), Arab Petroleum Investments Corporation (APICORP) and Arab Bank. It may be noted that, of the $123m…
Global solar module manufacturer Trina Solar has successfully powered a desalination plant at Jubail in Saudi Arabia. It deployed its cutting-edge Vertex N 700W+ series solar PV modules to undertake the work. The photovoltaic power station, boasting a substantial installed capacity of 45.5 MW, was recently integrated into the grid through the expertise of SEPCOIII, a subsidiary of Power China. The Jubail 3A Independent Water Plant, located in the eastern city of Jubail, represents Saudi Arabia’s pioneering leap into large-scale integrated water desalination bolstered by solar energy. This innovative project is a landmark in the country’s sustainable energy journey, generating…
Switzerland based Kuehne+Nagel has secured a contract from the leading global wind turbine supplier Envision Energy to transport 190 wind turbine generators (WTG) and 67 tower sets to Saudi Arabia’s new special economic zone, NEOM. The major project involves the specialised transport of 1.4 million freight tons of WTG. The completion of the project is expected to be by 2025. “A team of over 100 project logistics professionals, vessel chartering experts, transport engineers, drivers and riggers, will work together to ensure the success of the operation. A dedicated office has been established in the city of Tabuk, Saudi Arabia, to…