The European Bank for Reconstruction and Development (EBRD) has provided a US$22 million loan for a 50MW solar PV project being developed by Acwa Power in the Risha region of Jordan.
Yesterday’s record-breaking bid opening in Saudi Arabia for 300MW of solar has grabbed headlines, including on PV Tech, but while the exact parameters of the RfP remain covert, the bid levels have sparked debate about whether such low prices can be possible without some kind of escalating tariff mechanism or other distortion.
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, officially inaugurated the 200MW second phase of the Mohammed bin Rashid Al Maktoum Solar Park Monday.
ET Solutions, a subsidiary of ET Energy, announced Wednesday that it has started construction on a 60.9MW solar power project in Jordan for ACWA Power — a Saudi-based independent power producer.
Saudi Arabian power engineering firm Acwa Power and China’s Chint group have chosen EPC specialist Sterling and Wilson (S&W) to construct a 170MW solar PV facility in Morocco.
In this week's Movers & Shakers, PV Tech reports on employment happenings across the globe in Europe, the US and the Middle East. ACWA Power creates a new clean energy division, the executive director of the IEA wins a prize and 8minutenergy's general counsel is appointed to the US Department of Commerce's Renewable Energy and Efficiency Advisory Committee (REEEAC).
