Set up by Abu Dhabi Fund for Development for financial purposes, the Abu Dhabi Exports Office (ADEX), will provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa. Towards this goal, ADEX has entered into an agreement with the Ministry of Economy and Finance in Togu to accelerate the production capacity of the Mohammed bin Zayed Solar Park, which will be raised from 50 MW to 70 MW. As provided by the agreement, ADEX will provide additional financing, to facilitate the purchase of a 4 megawatt-hour (MWh) solar energy production storage…
Author: Saur News Bureau
The Kingdom of Saudi Arabia is mulling over the development of 10 new renewable energy projects in the country. According to reports, the new RE projects are aimed at enhancing the power generated from solar and wind sources and further reducing the use of fossil fuels – especially oil – to generate electricity. The new renewable energy projects have been announced in the budget of Saudi Arabia for 2023 that was announced with a surplus. As per reports, the total capacity of power generation of the announced renewable energy projects will be 7 GW. All of the RE projects are…
Egyptian Prime Minister Dr. Mostafa Madbouly was present for the signing of seven Memorandums of Understanding (MoUs) on the beginning of studies on green hydrogen production projects in the Suez Canal Economic Zone between the Ministry of Electricity and Renewable Energy, represented by the New and Renewable Energy Development, the Egyptian Electricity Transmission Company, the Sovereign Fund of Egypt, and the General Authority of the Suez Canal. Walied Gamal El-Dien, Chairman of SCZONE, Mohamed El Khayat, CEO of the New and Renewable Energy Authority, Ayman Soliman, Executive Director of the Sovereign Fund of Egypt, and Eng. Vice Chairman Salah Ezzat…
Israel, the only country in its region to be without any significant oil and gas reserves, has been latching on to the renewable energy bandwagon much faster, especially as a supplier to the world. Now, the country is keen to set its own house in order too. The Director-General of Israel’s Energy Ministry, Lior Shilat, said that the Israeli government will need to approve as many as 54 policy measures that will help the country to reach its goal of producing Israel’s 30 per cent energy from renewable sources by 2030. Lior Shilat informed the press and industry that Israeli…
L&T has picked Chinese major LONGi to provide 1292 MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi VP Dennis She and A. Ravindran, Senior Vice President and Head of the Renewables Strategic Business Group at L&T, jointly signed the agreement, involving two Saudi Arabian projects for which L&T is acting as EPC, at an event held in Dubai. The first, located in Jeddah and part of REPDO round II, has a capacity of 388MW, with the second, located in the industrial city of Sudair, having a total capacity of 1500MW, for which LONGi was awarded a…
To deliver 1 GW of renewable energy projects in Egypt, UAE-based AMEA Power has reached a financial close. The 500 MW wind and 500 MW solar projects, it added, will inject US$1.1 billion (€1.06 billion) into the Egyptian economy and bring the company’s clean energy portfolio to 2 GW. The 500 MW solar PV plant, which will be situated in Egypt’s Aswan governorate, will be developed, owned, and run by AMEA Power. The International Finance Corporation (IFC), a unit of the World Bank Group, the Dutch Entrepreneurial Development Bank (FMO), and the Japan International Cooperation Agency are funding the project…
Shanghai Electric’s 700 MW solar thermal and 250 MW photovoltaic solar power plant in Dubai reached grid-connected electricity generation on November 29 (Dubai Time), marking a critical turning point in the company’s journey into the renewable energy industry. For the first time, the facility is offering top-notch technical parameters and dependable operation of both the primary and auxiliary equipment to the nearby towns. This energy is solar thermal energy that is environmentally beneficial. The fourth phase of the solar thermal and PV power plant built by Dubai Electricity and Water Authority in the Mohammed bin Rashid Al Maktoum (MBR) Solar…
China-based solar modules manufacturer, Talesun Solar and MEM Group inked a framework agreement for strategic cooperation to work together to develop a module production line in Turkey with a 1GW annual capacity. To form a comprehensive partnership based on strategic development requirements, the two parties will take advantage of Talesun Solar’s leading advantages in technical R&D, manufacturing, quality management, sales network, and supply chain integration. By leveraging their complementary capabilities to generate mutual benefits, they will collaborate to increase their presence in global markets. MEM Group, a premier provider of industrial equipment, manufacturing services, and electrical services, was founded in…
Ben-Gurion Prof. Arik Yochelis, an environmental physicist at the University of the Negev, and Prof. Avner Rothschild, a material scientist at the Technion-Israel Institute of Technology, took a different approach and think they have discovered new pathways that would speed up the catalytic process and significantly lower the costs associated with the electrical energy used. The photoelectrochemical process, which splits water with the help of solar radiation, reduces the amount of electrical energy required to split the water molecule into hydrogen and oxygen. Four electrons must be transferred to produce one oxygen molecule (O2) and two hydrogen molecules during the…
As the biggest sporting event on earth gets underway, Qatar draws attention to the 2022 FIFA World Cup. Al Kharsaah, an 800 MW solar power project in Qatar, is now fully operational and connected to the grid. It is the third-largest solar power station in the world and the largest photovoltaic project ever built using a tracking system and bifacial modules. The plant is located 80 kilometers west of the capital Doha. The Qatar National Vision 2030 mentions it as the country’s first non-fossil fuel power plant. Qatar wants to use this project to advance the production of sustainable energy…