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The company announced the inauguration of the 300-MW first stage of the 900-MW Shuaa Energy 3 PSC, which is the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. Once fully operational, the park will be the largest single-site solar park in the world based on an independent power producer model, …
Continue reading “ACWA Power Takes Next Steps for Giant Solar Park”
The Biden administration says solar power could make up 40 percent of U.S. energy generation by 2035 if the nation makes “historic investments” to pump up renewable energy projects. A memo published by the Department of Energy (DOE) Tuesday details how President Biden’s proposed investments in the Bipartisan Infrastructure Deal and his Build Back Better …
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA will add 600 megawatts (MW) of clean energy capacity using photovoltaic solar panels and Concentrated Solar Power (CSP) during 2021. This will increase DEWA’s total power capacity from clean energy to 1,613 MW compared to 1,013 MW …
The goal of the Department of Energy Solar Energy Technologies Office (SETO) is to accelerate the development and deployment of solar technology to support an equitable transition to a decarbonized electricity system by 2035 and decarbonized energy sector by 2050. Achieving this goal will support the nationwide effort to meet the threat of climate change and ensure …
Continue reading “Goals of the Solar Energy Technologies Office”
The Biden-Harris administration has signed a memorandum of intent (MOI) regarding a plan to build a solar power complex of up to 5 GW in Botswana and Namibia. According to a Monday announcement, the US government will cooperate with those of the two African nations involved, the African Development Bank, the International Bank for Reconstruction …
Continue reading “US signs pact for up to 5-GW solar power project in Botswana, Namibia”
With the emergence of ‘renewable technologies’, many hope to reverse the impact of climate change, with initiatives such as the Mohammed BinRashid Al Maktoum Solar Park, located in the desert south of Dubai. It is the largest solar park in the world. It is equipped with millions of photovoltaic panels, capable of converting the sun’s …
Continue reading “Dubai bets on a future more ‘solar’ and low in carbon emissions”
The Mohammad Bin Rashid Solar Park, largest single site solar park in the world, will have a capacity of 5 GW to be fully operational by 2030. With phases 1 and 2 are already online, phase 3 was inaugurated in November 2020. To reflect on its 3rd phase of 800 MW, MESIA had the pleasure …
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Cubico Sustainable Investments has completed the acquisition of Grupo T-Solar, a 274MW solar platform with assets across Spain and Italy, from I Squared Capital. Cubico has also acquired the minority shareholding of KKR in Grupo T-Solar’s Spanish photovoltaic assets. The integration of the platform, which has a total enterprise value of approximately €1.5bn into Cubico’s …
Continue reading “Cubico makes 100 MW concentrated solar power acquisition”
The Biden administration on Thursday set a goal to cut the cost of solar energy by 60% over the next decade as part of an ambitious plan to decarbonize the United States’ power sector by 2035. The U.S. Department of Energy said the goal accelerates its previous utility-scale solar cost target by five years. For …
Continue reading “U.S. pledges to slash solar energy costs by 60% in a decade”
A hybrid Concentrated Solar Power-PV plant with 13 hours of storage is the lowest cost power generation option for low-carbon baseload power in Chile, researchers at the Fraunhofer Chile Research Foundation said in a new report. The researchers studied four hybrid plant concepts and found that a combined CSP solar tower and PV plant with …
Continue reading “Hybrid Concentrated Solar Power – PV offers lowest cost for Chile”