middle east

Solar developers ACWA Power and Jinko Power have both penned power purchase agreements in Saudi Arabia, with the country aiming to launch 15GW of projects in the next two years.

and smart infrastructure in the Middle East, Africa and Asia, with investments earmarked for a portfolio of projects exceeding 1GW.

Trina Solar’s tracker manufacturing unit TrinaTracker has launched a 1P single-row tracker, dubbed Vanguard.

Oman has signed an agreement with energy major bp that will support the potential development of multiple gigawatts of renewables and green hydrogen in the Middle Eastern country by 2030.

Israel and Jordan are set to swap solar power for desalinated water after the two countries signed a declaration of intent earlier this week.

Shortlisted bids in Saudi Arabia’s latest solar tender have jumped significantly on the lowest price recorded in the country’s previous renewables programme, reflecting the hikes in PV equipment costs in recent months.

Iraq has signed an agreement with PowerChina for the construction of 2GW of solar projects as it progresses with efforts to ramp up PV capacity.

China Three Gorges South Asia Investment has wholly acquired Dubai-based Alcazar Energy Partners’ portfolios in Egypt and Jordan, totalling 411MW

A consortium that is developing Saudi Arabia’s largest solar project has reached financial close for the plant and has secured the backing of state oil producer Saudi Aramco.

Solar developer ACWA Power has secured a total US$114 million from financial institutions to fund the construction of what it claims will be Egypt’s largest private solar plant.