AMEA Power, the Middle Eastern renewable energy company, has closed financing on 1GW of renewable energy projects to be deployed in Egypt, constituting a 500MW solar PV plant and a 500MW wind farm.
Saudi Arabian energy developer ACWA Power and Badeel, a subsidiary of the Saudi Public Investment Fund (PIF) will partner to develop a 2,060MW solar PV project in the country's Makkah province.
With numerous markets reporting problems with overly optimistic P50 estimates, attention has also been drawn to similar issues with PAN files. TÜV Rheinland’s Yating Zhang and Christos Monokroussos discuss the subject at length.
Canada-based greenhouse gas emissions reduction company CarbonAI has signed a memorandum of understanding (MOU) with the Rural Electrification Agency (REA) of Nigeria to develop small-scale rural solar projects across the country.
The Asian Infrastructure Investment Bank (AIIB) has joined a partnership agreement with the Egyptian government, expected to mobilise US$10 billion in investments to deploy 10GW of solar and wind by 2028.
Subsidiaries of Abu Dhabi Ports Group and TotalEnergies have today agreed to explore distributed solar PV opportunities in the United Arab Emirates (UAE).
German solar developer Juwi is in the final stages of commissioning a 36MW solar farm, accompanied by a 7.5MW battery energy storage system (BESS), at the Sukari gold mine in Egypt.
Solar tracker manufacturer PV Hardware (PVH) has opened an 8GW factory in Jeddah, Saudi Arabia. The facility will produce trackers and structures for solar projects in the Middle East and further afield.
Indian independent power producer (IPP) ReNew Power has signed an agreement with the government of Egypt to set up a green hydrogen plant that will require an investment of US$8 billion.
At the United Nations COP27 conference, the European Investment Bank (EIB) and AllianzGI have announced the mobilisation of US$100 million to Alcazar Energy Partners II, a fund which facilitates the development, construction and operation of renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia.
