The African Development Bank (AfDB) has approved a senior loan of ZAR3bn ($221m) to the 100MW Redstone Concentrated Solar Power (CSP) Project, which is expected to improve South Africa’s energy mix and accelerate the transition to renewable energy. The solar power project, located in the Humansrus Solar Park, Northern Cape Province of South Africa, is … Continue reading AfDB approves $221m loan for 100 MW Redstone Concentrated Solar Power project in South Africa
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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, … Continue reading A CMI Solar Receiver Will Equip the World’s Tallest Concentrated Solar Power Tower in Dubai
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Noor Ouarzazate III central receiver concentrated solar power plant with storage completes its reliability test
The consortium formed by SENER and SEPCO III has completed the reliability test for the 150-MW Noor Ouarzazate III concentrated solar power plant. It is one more step in the start-up of the facility, which is nearing commercial operation and final delivery to the client. With this reliability test, which ran for ten straight days, … Continue reading Noor Ouarzazate III central receiver concentrated solar power plant with storage completes its reliability test
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Mohammed bin Rashid Al Maktoum Solar Park adds 250MW to its 4th phase to reach 950MW
Dubai Electricity and Water Authority (DEWA) has signed an amendment to the Power Purchase Agreement (PPA) with the consortium led by Saudi Arabia’s ACWA Power for the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The amendment includes adding 250MW of photovoltaic solar panels, at a cost of 2.4 US cents per … Continue reading Mohammed bin Rashid Al Maktoum Solar Park adds 250MW to its 4th phase to reach 950MW
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Morocco finalizes world’s largest concentrated solar power plant
Morocco is finalizing Noor Ouarzazate concentrated solar power complex, the world’s largest solar plant, said the engineering and technology group SENER Wednesday. SENER said it is about to start the final tests at Noor Ouarzazate III, after completing the first synchronization of the 150 MW Concentrated Solar Power (CSP) plant to the Moroccan grid. … Continue reading Morocco finalizes world’s largest concentrated solar power plant
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Egypt approves ACWA Power offer for wind power project
The economic committee of ministers approved the offer by the Saudi company ACWA Power to establish wind farms with capacity of 500 MW in the Gulf of Suez and investments up to $600m. Government sources told Daily News Egypt that the cabinet will ratify the decision in its coming meeting. ACWA Power will implement the … Continue reading Egypt approves ACWA Power offer for wind power project
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120 MW Khalladi wind farm in Morocco is inaugurated
ACWA Power inaugurated its 120 MW Khalladi wind farm in Melloussa, Tangier, supplying clean power to a number of large industrial companies. A new wind farm, developed by ACWA Power in collaboration with ARIF investment fund, and located at Jbel Sendouq, represents an investment of 1.7 billion dirhams (around $170 million). This entirely privately funded … Continue reading 120 MW Khalladi wind farm in Morocco is inaugurated
Continue readingACWA Power inaugurates Khalladi wind farm in Morocco
ACWA Power on Sunday inaugurated its 120 MW Khalladi Wind Farm in Tangier, which will supply clean power to a number of large industrial companies, mainly operating in the cement sector in Morocco at competitive scale. The wind farm, developed by ACWA Power in collaboration with ARIF investment fund, and located at Jbel Sendouq, 30 … Continue reading ACWA Power inaugurates Khalladi wind farm in Morocco
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Abengoa selected as the technological partner in the construction of the world’s largest Concentrated Solar Power complex in Dubai
The project is a part of Phase 4 of the Mohammed bin Rashid Al Maktoum Solar Park, which is developed by the Dubai Electricity and Water Authority (DEWA) in cooperation with the Arabian Company for Water and Power Project (ACWA Power). The company has been selected by Shanghai Electric Group Co. Ltd. for the design, … Continue reading Abengoa selected as the technological partner in the construction of the world’s largest Concentrated Solar Power complex in Dubai
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Saudi Arabia receives four bids for first wind power project
Saudi Arabia received four bids for the first wind-power project it tendered to international companies, without revealing information about the offers. The bidders for the 400-megawatt project are ACWA Power, the renewable energy units of European utilities Electricite de France and Enel, and Engie’s International Power, according to a notice Tuesday from the Energy Ministry’s … Continue reading Saudi Arabia receives four bids for first wind power project
Continue readingDubai to get Concentrated Solar Power Day and Night without subsidy at Lower Cost
ACWA Power awarded 700 MW CSP fourth phase of the Mohammed Bin Rashid Al Maktoum Solar Park at a levelised tariff of US $7.30 cents per kilowatt hour; a cost level that competes with fossil fuel generated electricity without subsidy for reliable and dispatchable solar energy through the night. By far the largest single-site thermo-solar … Continue reading Dubai to get Concentrated Solar Power Day and Night without subsidy at Lower Cost
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DEWA Awards AED14.2 Billion Concentrated Solar Power Project With a Record Bid of USD 7.3 Cents Per kW/h to Generate 700MW
Dubai Electricity and Water Authority (DEWA) has achieved another world record by awarding the 700MW AED14.2 billion fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This is the largest single-site Concentrated Solar Power (CSP) project in the world, based on the Independent Power Producer (IPP) model. The contract is awarded to a … Continue reading DEWA Awards AED14.2 Billion Concentrated Solar Power Project With a Record Bid of USD 7.3 Cents Per kW/h to Generate 700MW
Continue readingRecord-Breaking Cost Reduction for Concentrated Solar Power Generation
The Dubai Electricity and Water Authority (DEWA) announced on 4 June the prices offered from four consortia for the 200-MW fourth phase of the Mohammed bin Rashid Al Maktoum solar park. The lowest bid for the Solar Thermal Electricity (STE) project came in at 9.45 US cents/kWh (approx. 8.4 €cts/kWh). Participating consortia were [ACWA Power … Continue reading Record-Breaking Cost Reduction for Concentrated Solar Power Generation
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IFC supports concentrated solar power (CSP) in Morocco
IFC, a member of the World Bank Group, has agreed to a $20 million equity investment in ACWA Power Ouarzazate, which has developed the 160 MW NOORo 1 concentrated solar power (“CSP”) parabolic trough plant with three-hour storage near Ouarzazate, Morocco. IFC’s investment will help support the development of Morocco’s solar power industry, part of … Continue reading IFC supports concentrated solar power (CSP) in Morocco
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The NOORo I, II and III concentrated solar power plants at COP22
NOORo I, NOORo II and NOORo III, three solar thermoelectric power plants belonging to the largest solar complex on the planet, located in Ouarzazate (Morocco), are turnkey developments of the SENER engineering and technology group, in which the latter provides its own technology. These facilities are expected to attract the attention of the majority of … Continue reading The NOORo I, II and III concentrated solar power plants at COP22
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ACWA Power Khalladi confirms final orders for its Wind Power Project in the North of Morocco
ACWA Power Khalladi has confirmed final orders to suppliers and contractors for the construction of its Wind Power Project in the North of Morocco, following all conditions precedent for its landmark project financing being satisfied. ACWA Power Khalladi (formerly known as UPC Renewables) is 75% owned by ACWA Power – a developer, investor, co-owner and … Continue reading ACWA Power Khalladi confirms final orders for its Wind Power Project in the North of Morocco
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ACWA Power to start work on Morocco wind power project with Vestas wind turbines
Acwa Power, a leading private power and water project developer in the Gulf region, said one of its companies is all set to start the construction of a major wind power project in the north of Morocco. Formerly known as UPC Renewables, Acwa Power Khalladi is 75 per cent owned by Acwa Power – a … Continue reading ACWA Power to start work on Morocco wind power project with Vestas wind turbines
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ACWA Power, SolarReserve to break ground on 100 MW Concentrated Solar Power plant in South Africa
SolarReserve and Saudi ACWA Power will break ground on a joint project for 100 MW concentrated solar power (CSP) plant in South Africa in September, Terence Govender, SolarReserve’s vice president of development was quoted as saying by news agency Ecofin. The project was selected within the 3.5 bid window under South Africa’s Renewable Energy … Continue reading ACWA Power, SolarReserve to break ground on 100 MW Concentrated Solar Power plant in South Africa
Continue readingOPIC partners with Solarreserve and ACWA power to develop landmark South African concentrated solar power plant
As part of Secretary John Kerry’s Climate and Clean Energy Investment Forum, the Overseas Private Investment Corporation (OPIC) today signed an agreement with U.S. based energy developer SolarReserve and Saudi Arabia based ACWA Power , recognizing OPIC’s $400 million commitment of debt financing to support the development of the Redstone Concentrating Solar Power (CSP) project … Continue reading OPIC partners with Solarreserve and ACWA power to develop landmark South African concentrated solar power plant
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The 200 MW (260MWp) Shuaa Energy 1 photovoltaic plant at Mohammed bin Rashid Al Maktoum Solar Park is the largest photovoltaic IPP tender to date in the world
Project supports the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote renewable energy sources,and is part of the Dubai Integrated Energy Strategy 2030. The 200 MW (260MWp) Shuaa Energy 1 photovoltaic plant at Mohammed bin Rashid Al Maktoum Solar … Continue reading The 200 MW (260MWp) Shuaa Energy 1 photovoltaic plant at Mohammed bin Rashid Al Maktoum Solar Park is the largest photovoltaic IPP tender to date in the world
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