middle east

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.

Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, has closed US$180 million of financing for two PV projects in northern Jordan.

Saudi Arabia has launched the first stage of a 300MW solar power tender.

Leading thin-film specialist First Solar will transfer its existing business development resources in Turkey to Turkish industrial conglomerate Zorlu Solar and will close its Istanbul office.

Germany’s Astroenergy has received an import licence from the Turkish Ministry of Economics to import 100MW of modules for use in Turkish PV projects.

Abu Dhabi is in the process of establishing net metering regulations for small-scale solar in the region.

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).

ACWA Power has closed financing on a 60MW project in Jordan.

A radical Saudi Arabian government reshuffle reaffirms its 9.5GW renewable energy target by 2023, according to the Apricum Cleantech Advisory.

Developers including Italy’s Enel Green Power and Saudi Arabia’s ACWA Power and Abdul Latif Jameel (ALJ) have pulled out of the running for the upcoming 350MW solar tender in Abu Dhabi.