The United Nations Economic and Social Commission for Western Asia (ESCWA) has declared Morocco as the leading country in the Arab region in wind energy production. The report says that the country claims 46% share of total wind energy consumption, and is leading in harnessing wind power. According to the latest data from the National Bureau of Electricity and Drinking Water, Morocco’s electricity capacity from wind power has reached a significant 1,553 megawatts. Additionally, the country’s solar capacity is estimated to be at 831 megawatts. These figures contribute to Morocco’s overall installed capacity of 11,055 megawatts, reinforcing its position as…
Author: Saur News Bureau
Saudi Arabia’s National Development Fund (NDF) will be participating in financing the biggest renewable energy project in the world at Al Shuaibah in Saudi Arabia. NDF aims to empower the promising sectors and industries in Saudi Arabia, and enhance their capabilities to ensure that the objectives of the Kingdom’s Vision 2030 is achieved and contributes to building a sustainable and prosperous future for the most important and innovative economy in the region. There are several agencies along with the National Infrastructure Fund (NIF), local and international banks, participated with NDF in financing the project with a total loan value of…
Dubai Electricity and Water Authority (DEWA) Research and Development Centre (R&D) has filed a new patent for a chemical liquid that supports energy storage systems and enhances their efficiency. The novel liquid achieves high thermal and electrochemical stability, making it an effective and safe solution for energy storage systems operations, notably lithium-ion batteries and fuel cells. The statement said that the patent supports DEWA’s commitment to promote energy security and sustainability, according to the highest international standards, and its efforts to enhance Dubai’s position as a global hub for clean energy and a green economy. Commenting on the achievement, Saeed…
Saudi scientists have created a new deep learning technique based on distributionally robust optimization (DRO) to identify the most suitable locations for utility scale wind and solar power projects. They applied the model to Saudi Arabia and found it provides ‘more realistic’ results than deterministic or robust models. A group of scientists from the King Fahd University of Petroleum and Minerals in Saudi Arabia has developed a new method for wind and PV project siting which they said provide a more realistic modeling of uncertain parameters compared to conventional approaches. As per reports, the new model uses deep learning features…
The UAE Banks Federation (UBF) has shared the active role played by the UAE banks in tackling climate change through green financing commitments and climate initiatives, recently. This has exhibited country’s banking and financial sector supportive role in UAE’s strategy to reduce emissions and achieve climate neutrality by 2050, and meet UN sustainable development goals (SDGs). As per reports, UBF said that providing green finance and issuing green-oriented funds has emerged as a powerful mechanism to meet sustainability commitments of various organisations in the UAE in particular, and the region, in general. The federation has been working closely with the…
Oman will be launching a massive solar power project with a total output capacity of 1000 megawatts (MW). The utility scale photovoltaic (PV) solar project will be based on the Independent Power Project (IPP) and is scheduled to be launched in 2029. The project’s total output capacity comprises two IPPs of 500 MW each, according to Nama Power & Water Procurement Company (Nama PWP), Oman’s exclusive power and water off-taker. The project -‘Solar PV IPPs 2029,’- will adopt a procurement strategy similar to that of the Manah I & II Solar PV IPPs, that involves awarding separate single awards for…
Solar tracker manufacturing firm in the Middle East, PVH, has joined hands with China Energy Engineering Group Co., Ltd (CEEC) for 1.7 GW for MENA’s largest solar project. Located in Jeddah City’s Al Shuaibah region in the Makkah Province of Saudi Arabia, the project is set to accelerate the Kingdom’s goal for “Vision 2030”. Saudi Arabia aspires for 50% of its energy from renewable energy sources by 2030. The government is establishing a pipeline of 27.3 GW of renewable energy initiatives. At the same time, the Saudi Public Investment Fund (PIF) is eyeing the development of 70% of nation’s renewable…
Chinese solar major Longi has announced the shipping of over 1 GW of solar modules to the Middle East distribution solar market by the second quarter of 2023. The number is a significant milestone for Longi as well as underscoring the high demand and interest in solar solutions for the middle east region. Solar majors have made a beeline for the region since 2021, as countries in the region have announced significant solar plans, and execution on the ground has picked up. Going ahead, with green hydrogen plans added on, solar demand is expected to be on a rising trend…
The desalination plant in Jubail, Saudi Arabia will be carrying out its operation using solar power generated by the photovoltaic power station with a total installed capacity of 45.5 MW. The firm said that it was connected to the grid recently, fully equipped with Trina Solar’s Vertex N 700W series modules. The Engineering, procurement, and construction of the project were undertaken by SEPCOIII, affiliated to Power China. “The Jubail 3A Independent Water Plant, in the city of Jubail in eastern Saudi Arabia, is the first large-scale integrated water desalination project in the country to use solar power as a supplementary…
The UAE based renewable energy firm, Masdar, has been awarded the contract to build the 1.8GW sixth phase of the largest Mohammed bin Rashid Al Maktoum Solar Park. The Dubai Electricity and Water Authority (DEWA) awarded the contract to Masdar as the preferred bidder with the lowest bid of $US16.24/MWh. With this, it has become the lowest levelised cost of energy (LCoE) for any of DEWA’s solar projects under its independent power producer (IPP) model. By 2030, DEWA expects that the Mohammed bin Rashid Al Maktoum Solar Park will have the total capacity of 5GW. Currently, total capacity of 2,427MW…