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Saudi Arabia Starts Offering Loans to Develop Renewable Energy

Saudi Arabia will start offering loans for renewable energy projects and manufacturers of renewable-energy components as the kingdom seeks to diversify its economy away from crude oil. The 105 billion-riyal ($28 billion) Saudi Industrial Development Fund opened applications for the program, called Mutjadeda, on Sunday. The program will give loans of as much as 1.2 […]

Construction of 5 solar parks underway across Iran -EQ

Saudi Arabia’s ACWA Power to focus more on renewable energy projects: CEO

ABU DHABI : ACWA Power plans to focus more on renewable energy projects, lifting their share of its portfolio to 70% over the next decade, its chief executive and president said on Monday. The current value of the Saudi Arabian utility developer’s portfolio is more than $42 billion, with renewables accounting for 23%. “By 2030, […]

Construction of 5 solar parks underway across Iran -EQ

CG Power bags contract for 400-MW wind farm in Saudi Arabia

With an installed capacity of 400 megawatt, Dumat Al Jandal will be Saudi Arabia’s first large-scale onshore wind farm and the largest so far in the Middle East Mumbai: CG Power and Industrial Solutions Ltd has bagged a contract valued at 12.5 million euros (about Rs 96 crore) for high-voltage substations that will connect the […]

Construction of 5 solar parks underway across Iran -EQ

IRENA and UAE Ministry of Education Inspire Next Generation on Renewable Energy

UAE Minister of Education and IRENA Director-General sign agreement to explore integrating renewables into education system Abu Dhabi, United Arab Emirates: The UAE Ministry of Education and the International Renewable Energy Agency (IRENA) today signed an agreement to cooperate on the integration of renewable energy and sustainable development into the national education system. The Memorandum of […]

India hydro potential – EQ

Solar-energy club boosted by Saudi Arabia’s entry

DUBAI: Saudi Arabia is expected to play a significant role in the future of solar energy following an agreement it signed with an inter-governmental organization that has its headquarters outside Delhi in India. The International Solar Alliance (ISA) is a network of 122 “sun-rich” countries that the Kingdom joined during Crown Prince Mohammed bin Salman’s […]

Construction of 5 solar parks underway across Iran -EQ

WoodMac: Solar Plants Cheaper Than Natural Gas ‘Just About Everywhere’ by 2023

The days of new gas-fired plants keeping up with utility solar will soon be over. But the rise of competitive renewables auctions means profits will be hard to come by, even in an expanding market. Solar will soon be able to out-compete gas-fired plants around the world. That doesn’t mean it will be any easier […]

A global solar transition could leave Africa in the shade -EQ

Anti-dumping duty on sheets used in solar cells from China, Malaysia, Saudi Arabia, Thailand likely

The final decision to impose the duty would be taken by the finance ministry New Delhi: India may impose anti-dumping duty on a certain type of sheet used in solar cell making from China, Malaysia, Saudi Arabia and Thailand for five years in order to safeguard domestic players from cheap imports from these countries. The […]

India hydro potential – EQ