ACWA Power signs an investment agreement with Central Energy Fund for Redstone CSP Plant.

100MW solar power project to start construction this year, suppling power to 210,000 South African homes even during evening peak demand periods once operational. In the presence of the President of South Africa, H.E. Cyril Ramaphosa, on the occasion of his State Visit to the Kingdom of Saudi Arabia, a cooperation agreement was entered into […]

Solar and Wind dominate power generation capacity additions as projections for investment reach $2.20 Trillion by 2021.

Frost & Sullivan finds declining capital cost of solar and wind, rise in battery energy storage adoption, disruptive start-ups contributing to competition, and increases in mergers and acquisitions will drive growth opportunities. Frost & Sullivan’s recent analysis Global Power Industry Outlook, 2018 reveals that a combination of factors led by renewables is set to transform the […]

U.S. Secretary of Energy announces up to $105.5 million support for PV and CSP energy innovation.

U.S. Secretary of Energy announces up to $105.5 million support for PV and CSP energy innovation.

Today, U.S. Secretary of Energy Rick Perry announced up to $105.5 million to support America’s continued leadership in energy innovation through solar technology. Under the Department of Energy’s (DOE’s) Solar Energy Technologies Office (SETO), DOE will fund about 70 projects to advance both solar photovoltaic (PV) and concentrating solar thermal power (CSP) technologies, as well as facilitate […]

US Energy Department gives $11 million to advance innovations in solar.

US Energy Department gives $11 million to advance innovations in solar.

The Energy Department’s Office of Energy Efficiency and Renewable Energy today announced a total of $11 million for 16 projects intended to develop innovative, early-stage solutions in both photovoltaics (PV) and concentrating solar power (CSP). Ten of the projects are small-scale research and development (R&D) projects designed to push the limits of PV technologies, potentially […]

Four firms bid for DEWA’s solar power project advisory service.

Four firms bid for DEWA’s solar power project advisory service.

Dubai’s utility service provider Dubai Electricity and Water Authority (DEWA) has received four bids to provide Independent Power Producer (IPP) advisory services for 200 MW first phase of Concentrated Solar Power (CSP) Project – Phase IV at the Mohammed bin Rashid Al Maktoum Solar Park. The bidders are Ernst and Young Middle East (Dubai Branch), […]

Whatever happened to Saudi Vision 2030?

Whatever happened to Saudi Vision 2030?

After first pushing backs its renewable goals, Saudi Arabia looks to have vastly reduced plans for PV and CSP deployment. Reports coming out of the country today say that the Energy Minister has announced a reduction of its 2040 renewable goals from 50% to 10% of the country’s electricity supply. While the Middle East Solar […]

DEWA to build the largest CSP plant in the world.

DEWA to build the largest CSP plant in the world.

Dubai has set out to grab another solar pricing record at its Mohammed bin Rashid Al Maktoum Solar Park. The Dubai Electricity and Water Authority (DEWA) managing director and chief executive, Saeed Al Tayer, said on Thursday that the utility would build the largest concentrated solar power (CSP) plant in the world. The utility has […]

Kuwait Oil Company to employ CSP to extract oil.

Kuwait Oil Company to employ CSP to extract oil.

Kuwait Oil Company (KOC) said it was in discussions with companies to use solar energy to extract oil as the OPEC member country looks for alternative methods to maximise production at a cheaper price. As the days of easy oil are over with about 70 per cent of the world’s remaining reserves classified as heavy, countries most commonly […]

IRENA predicts 90,000 jobs in RE sector by 2030 in UAE.

8.1 million people worldwide are now employed by the renewable energy industry – a five percent increase from last year – according to a report released today by the International Renewable Energy Agency (IRENA) at its 11th Council meeting. According to the International Renewable Energy Agency (IRENA), the current growth in local manufacturing and project […]

Mott MacDonald helps Africa scale solar.

Mott MacDonald helps Africa scale solar.

Mott MacDonald acted as technical advisor to the International Finance Corporation, a member of the World Bank Group, on the Scaling Solar initiative currently being rolled out across Africa. The scheme supports African governments to procure bankable and affordable solar power projects, which can be rapidly deployed to contribute to their countries’ energy needs. Zambia, […]