Arctech has backed a 1.2 GW Faris PV project, also referred to as the PIF6 PV Project umbrella, in Saudi Arabia. The award comes from China Energy International Engineering (Energy China). The trackers to be supplied are Arctech’s Skyline II – a solar tracking system engineered to steer extreme wind loads, ensuring safety and stability in windswept desert environments. Arctech is a global solar-tracking and racking solutions provider, headquartered in China, with hubs in India and Saudi Arabia as well. It has expanded presence in the Middle East, where it supplies large-scale tracker systems for multi-gigawatt solar projects. It had…
Author: vasundhara
ACWA Power, Badeel and SAPCO, a subsidiary of Aramco, secure $8.2 billion financing to develop 15 GW of renewable energy projects in Saudi Arabia, accelerating the kingdom’s clean power expansion. The companies expect the projects to be operational in the second half of 2027 and the first half of 2028, helping Saudi Arabia advance its clean energy ambitions under its national renewables program. While ACWA Power is the world’s largest private water desalination company and a leading player in the energy transition and green hydrogen, Badeel is a wholly owned subsidiary of PIF, and Saudi Aramco Power Company (SAPCO) is…
Türkiye successfully awarded 650 MW of solar capacity through its YEKA (Yenilenebilir Enerji Kaynak Alanı) program, attracting $400 million in investment, after cancelling two projects from its initial plan to allocate 850 MW across 10 solar projects. The program designates pre-licensed zones for large-scale renewable energy investments by the private sector across provinces such as Bolu, Erzurum, Eskişehir, Kahramanmaraş, Mardin, Manisa, and Van.The auction for eight projects received 77 bids from 38 companies and is expected to supply electricity to 500,000 households while avoiding 800,000 tonnes of carbon emissions. It also includes a 35 MW floating solar plant at the…