A US$250 million loan for a concentrating solar power (CSP) plant in Israel has been approved by the Overseas Private Investment Corporation (OPIC), a US government development finance group.
Egypt’s new prime minister, Ibrahim Melheb has stressed the need for solar energy development in the country, according to a report on Egypt’s state information service (SIS).
Saudi Arabia will put 700-1000MW of solar power out to tender by the end of the year, according to Vahid Fotuhi, president of the Middle East Solar Industry Association (MESIA).
Kenya’s solar feed-in tariff is insufficient for projects to be viable and should be entirely reviewed, according to the head of a company looking to develop large-scale PV plants in the country.
Despite some uncertainties last year over the status of large-scale PV in Kenya, the country’s director of renewable energy, Isaac Kiva, has revealed that 25 projects totalling 750MW are now being advanced.
Abu Dhabi’s research-driven advanced energy and sustainability university Masdar Institute of Technology, has unveiled plans to create a centre for researching “sustainable energy enabling technologies” encompassing the production, storage and efficient use of technology.
Greensolver and Finatech have signed a partnership agreement with the purpose of helping spur the development of a multitude of renewable energy services in Morocco.
The West African island nation of Cape Verde will receive €55 million (US$75.5 million) of financing between 2014 and 2020 from the European Commission, to assist the development of renewable energy.
