ACWA Power-led consortium to raise over $2bln for Dubai concentrated solar power project

ACWA Power leads a consortium which over the next few weeks is expected to conclude financing of more than $2 billion for a 950 megawatt (MW) concentrated solar power project in Dubai. The loan, provided by a group of mostly international banks, will back the development of Noor Energy 1, a $4.3 billion project expected …

A CMI Solar Receiver Will Equip the World’s Tallest Concentrated Solar Power Tower in Dubai

After its commercial success in China for the design and supply of a thermal solar receiver at Haixi, CMI has just been awarded a new contract for engineering and supplying a receiver for the Mohammed bin Rashid al Maktoum solar park (Dubai). This huge concentrated solar power (CSP) project named after the Emir of Dubai, …

Abengoa will collaborate with Acwa and the Chinese SEC and ICBC in concentrated solar power projects

Abengoa has signed a cooperation agreement with the Saudi energy company Acwa Power, the Commercial and Industrial Bank of China (ICBC) and Shanghai Electric (SEC), with which it has already carried out the execution of a solar field in Dubai, for collaborate in future energy projects. The declaration of intentions has been signed today in …