Middle East & Africa

Middle East stalls conventional power contracts in favour of renewables

August 21, 2021 Anand Gupta

Renewable energy project contract awards in 2021 have eclipsed deals for conventional power plant projects in the Middle East as the region’s energy diversification agenda gathers pace. This is according to GlobalData MEED’s latest report, Middle East Energy Transition, which states there were no contract awards for oil-powered or gas-fuelled power stations in the Middle […]

Middle East & Africa

ACWA Power announces financial close on 1500MW Sudair solar plant

August 21, 2021 Anand Gupta

Saudi energy company ACWA Power has announced the financial close for the 1500MW Sudair solar plant, a key project under the Public Investment Fund (PIF) renewable energy programme. With an investment value of SAR 3.4 billion ($906 million), the solar PV project, which is located at Sudair Industrial City, is set to become one of […]

Middle East & Africa

Saudi Aramco backs $900m solar project

August 21, 2021 Anand Gupta

Oil and gas giant joins compatriot ACWA Power in 1.5GW Sudair Solar scheme that will be key part of kingdom’s green energy ambitions Saudi Arabian oil giant Aramco has struck a deal to take a key stake in one of the largest solar projects planned in the Middle East . The move represents the state-controlled […]

Middle East & Africa

South Africa: Fortress Launches Bonds For 5.8 MWP of Solar Power

August 18, 2021 Anand Gupta

Listed property investment company Fortress is issuing sustainable bonds with a total value of almost $70 million. The company will use the funds to install solar photovoltaic systems for its property assets in South Africa. The sustainable bonds launched by Fortress REIT are listed on the Johannesburg Stock Exchange (JSE). The property investment company is […]

Middle East & Africa

Positioning Africa As a Green Hydrogen Leader: German Africa Business Forum Promotes Clean Energy, Natural Gas, And the Energy Transition At African Energy Week in Cape Town

August 18, 2021 Anand Gupta

The Germany Africa Business Forum (GABF), a private sector organization committed to enhancing sustainable economic partnerships between Germany and Africa, will host a German Pavilion at African Energy Week (AEW) 2021 in Cape Town. Driving a strong investment narrative, the pavilion is dedicated to promoting Africa’s green hydrogen and natural gas potential to accelerate the […]

Photovoltaic cells are arranged on solar panels

Middle East & Africa

Opdenergy to Sell Spanish Solar Portfolio to Bruc Energy

August 18, 2021 Anand Gupta

Opdenergy will use the proceeds from the sale to develop its 942MW backlog pipeline in Spain and the US. Spain-based sustainable energy producer Opdenergy has reached an agreement to divest its solar project portfolio in Spain, with 1,044MW of total capacity, to Bruc Energy. The 20 solar facilities included in the deal are located in […]

Middle East & Africa

Middle East Stalls Conventional Power Contracts in Favour of Renewables

August 18, 2021 Anand Gupta

Middle East & Africa

Israeli Forces Seize Solar Power Equipment Used For Jordan Valley Electricity

August 18, 2021 Anand Gupta

Solar power equipment used by Palestinians in the Jordan Valley were seized and destroyed by Israeli forces. Israeli forces confiscated solar power equipment in the Jordan Valley Melhem said the Israeli seizure and vandalism was committed as part of the occupation’s policy of ethnic cleansing “with the aim to Judaise the area and secure control […]

Middle East & Africa

Last Mile Connectivity Project Brings Hope to Small Village in Kenya

August 18, 2021 Anand Gupta

The Last Mile Connectivity Project in Kenya was launched by the government in 2017. The aim of the project is to connect 47% of the population to the national grid. These are mostly low-income and rural populations, whose economic prospects would benefit significantly from energy access. One such population to benefit from the project is […]

Middle East & Africa

Different Types Solar TVs in Kenya And Their Prices in 2021

August 18, 2021 Anand Gupta

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For many people, television is their best partner for entertainment at home. They spend a few hours every day watching TV. However, television is one of the significant energy users at your home. Luckily there are many different types of solar TVs in Kenya you can use to reduce energy consumption. It will minimize your […]