The investment, which is contingent on approvals, would help the Mansour Group-owned developer roll-out solar, wind, distribution infrastructure and EV charging systems in Egypt and neighbouring states.
Jordan's largest private-to-private project on track after cinching US$35m, Iran adds 16GWh plant to national grid, Enertis, IES and UNEF team up to train Tunisian engineers.
Majid Al Futtaim, Shopping mall, communities and retail company with holdings across the Middle East, Africa and Asia, has signed off on a deal with Yellow Door Energy to bring PV power to Carrefour stores in Jordan.
Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, has started commercial operations at the 66.7MW Al Safawi solar plant in northern Jordan, its third PV project in the country.
AMEA Power has reached financial close and will begin construction of the US$74 million Al Husainiyah Power Plant, a 50MW greenfield solar park in Ma’an Governorate, Jordan.
PV manufacturer and EPC Philadelphia Solar says it has achieved commercial operation of an expansion phase to one of the first solar projects built in the MENA region where energy storage has been added.
The Dubai-based solar developer Yellow Door has raised US$65 million from a range of investors including the World Bank’s International Finance Corporation (IFC).
Jordan's energy minister Hala Zawati has laid the foundation stone for a 52MW solar project being developed by a consortium between US-based firm AES Corporation, Japan's Mitsui and Qatar's Nebras Power, in Al-Madounah, East Amman.
Jordan Islamic Bank (JIB), a subsidiary of AlBaraka Banking Group, has inaugurated a 2.7MW rooftop solar project in Sahab, King Abdullah II Industrial City, Jordan.
A joint venture between Enviromena Power Systems and Spanish firm TSK has commissioned a 105MW solar PV project in Jordan, having received financing from the Abu Dhabi Fund for Development (ADFD).
Pacifico Energy has successfully completed the launch of its first solar investment fund — which is comprised of five Japanese solar power plants totaling over 100 MW.
The IFC has arranged a financing package of up to US$188 million for Jordan’s largest PV plant, a 200MWac / 248MWdc project developed by Masdar Abu Dhabi Future Energy Company.
