middle east

The Middle East and Africa is set to enjoy a year-on-year PV demand increase of 170%, according to GTM Research.

A Saudi Arabian conglomerate has taken a 50% stake in the German developer and PV investor Greencells.

Germany-based renewables firm IBC Solar has equipped two industrial companies in Lebanon with solar systems.

UAE-based developer Enviromena is pushing its project pipeline towards 1GW.

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.