middle east

A Saudi Arabian sovereign wealth fund has taken a 15.2% stake in ACWA Power, a dominant solar power developer in the Middle East.

Dubai-based industrial conglomerate Al Shirawi Group has formed a joint venture with German firm Gildemeister Energy Solutions GmbH for utility-scale solar solutions in the UAE.

Port operator DP World’s Jebel Ali Free Zone (Jafza), a free economic zone at the western end of Dubai, has launched the UAE’s first green storage and warehouse facilities and is set to install 88,000 PV modules across its Dubai facilities' rooftops.

The first 200MW block of the latest phase of Dubai’s Mohammed bin Rashid Al Maktoum Solar Park has been inaugurated.

Lebanon could reconfigure its laws and regulations to allow private sector actors to generate renewable energy for sale to the grid, it emerged as the Middle Eastern country opened up its first solar-plus-storage tender process.

The Softbank Vision Fund will begin a major investment partnership with Saudi Arabia that could see 200GW of solar generation capacity installed.

Local firm Gostaresh Energy No Atiyeh has completed a 10MW solar PV project in the Yazd Province of central Iran.

ACWA will sign a PPA for one of the lowest ever solar tariffs of Halala 8.7815/kWh (~US$2.342) tomorrow.

Saudi’s initial solar bids for the 300MW Sakaka project slipped below two US cents per kWh, but the lowest bid was rejected. We take a look at a claim that its championing of bifacial technology was the root cause.

Saudi Arabia plans to tender seven solar projects with a combined capacity of 3.3GW during 2018, according to a statement from Turki Al Shehri, head of the country's Renewable Energy Project Development Office (REPDO), confirming news from Bloomberg earlier this week.