dubai

Dubai Electricity and Water Authority (DEWA) has launched a new investment company based in Silicon Valley, California, which will have R&D and innovation in sustainability and renewable energy among its energy technology focuses.

DEWA has opted for carports at its own offices and a ministry building, Adani has signed a PPA for a US$200 million Queensland PV project, HECO has launched an online rooftop solar application tool.

Dubai’s state utility company, DEWA, has signed a power purchase agreement of US$0.073/kWh for a 700MW concentrated solar power (CSP) project.

A 10MW ‘Sustainable City’ has been switched on in Dubai, with Trina Solar panels helping it to meet all of its power needs from clean sources.

A total of US$35.6 billion was invested in solar energy worldwide in Q2 this year, according to Bloomberg New Energy Finance (BNEF).

Export Development Canada (EDC) announced Thursday that it has committed US$72 million in financing within the larger US$655 million senior project finance banking facilities for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.

EDF Group announced Wednesday that financing for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has officially been completed.

A solar power project is likely to register a per kWh price below two US cents at some stage during 2017, according to analysis firm GTM Research.

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.

UAE company Masdar announced Tuesday that construction on the 800MW phase three of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai is expected to begin at the end of January 2017.