The state-owned King Abdullah City for Atomic and Renewable Energy has overseen a project to construct solar energy plants in five provinces in the Gulf Cooperation Council kingdom. Officials said the agency, which received regulatory approval, was preparing to begin the project in 2015. “King Abdullah City has received land for the facilities and was … Continue reading Saudi Arabia has drafted plans for a solar energy network
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Saudi Arabia offers one of world’s lowest solar power costs
Solar power costs have fallen dramatically over the last five years, thanks to lower module prices, lower balance of system costs, and increased competition at the development and EPC level. Financing costs have also decreased as investors recognize the low-risk profile of solar assets. As a result, solar power is now cheaper than most alternative … Continue reading Saudi Arabia offers one of world’s lowest solar power costs
Continue readingUAE’s Masdar, Saudi’s KACARE Sign Deal To Develop Clean Energy
UAE’s Masdar and Saudi Arabia’s King Abdullah City for Atomic and Renewable Energy (KACARE) announced an agreement that will allow increased cooperation between the two Gulf Arab states in developing renewable energy in the region. The agreement will facilitate joint investment by both agencies in clean energy projects and green technology investment funds, official news … Continue reading UAE’s Masdar, Saudi’s KACARE Sign Deal To Develop Clean Energy
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Solar energy (PV and Concentrated Solar Power) investment in MENA could reach approximately $50bn by end of decade
A MEED Insight survey concludes that the region's solar energy capacity could grow to 15,000 MW by the end of 2020, split equally between photovoltaic (PV) and concentrating solar power (CSP) technologies. The Middle East and North Africa (Mena) region could see more than $50bn worth of investment in its solar power sector by 2020 … Continue reading Solar energy (PV and Concentrated Solar Power) investment in MENA could reach approximately $50bn by end of decade
Continue readingSaudi Arabia reveals plans for its first plant using Concentrated Solar Power (CSP)
Saudi Electricity Company (SEC) has selected Concentrating Solar Power (CSP) to produce electricity with the 550 MW Duba 1 project, an Saudi Electricity Company power plant (ISCC). Saudi Electricity Company (SEC) has selected Concentrating Solar Power (CSP) to produce electricity with the 550 MW Duba 1 project, an Saudi Electricity Company power plant (ISCC) located … Continue reading Saudi Arabia reveals plans for its first plant using Concentrated Solar Power (CSP)
Continue readingSaudi Electricity Company Invites Expressions of Interest for Duba 1 Concentrated Solar Power (CSP)
The 550 MW combined cycle plant will integrate a parabolic trough Concentrated Solar Power (CSP) unit, believed to be about 20 to 30 MW in capacity. On 25 December 2013, Saudi Electricity Company (SEC) released a Request for Expressions of Interest (EOI) for the development of the Duba 1 Independent Power Plant (IPP) project. The … Continue reading Saudi Electricity Company Invites Expressions of Interest for Duba 1 Concentrated Solar Power (CSP)
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Archimede Solar Energy secures a new Saudi shareholder for Concentrated Solar Power (CSP) growth
The Saudi solar energy market forecasts covers 41 GW within the next 20 years, 25 GW of which in the Concentrating Solar Power (CSP) and 16 MW photovoltaic (PV). “Archimede Solar Energy (ASE), a subsidiary of the industrial Group Angelantoni Industrie and participated by the Japanese Chiyoda Corporation, has signed in New York the entrance … Continue reading Archimede Solar Energy secures a new Saudi shareholder for Concentrated Solar Power (CSP) growth
Continue readingConcentrated Solar Power (CSP) in Saudi Arabia
The Saudi government’s plans foresee 41 GW of solar power by 2032. Of that, concentrated solar power (CSP) plants would contribute 25 GW and photovoltaic (PV) facilities 16 GW. Solar electricity and petroleum serve completely different markets. However, in this case, solar will be directly replacing the oil that Saudi Arabia uses for desalination plants. … Continue reading Concentrated Solar Power (CSP) in Saudi Arabia
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Saudi Arabia to Start Solar-Powered Desalination in 2014
Saudi Arabia’s Saline Water Conversion Corporation (SWCC) last week announced plans to start producing desalinated water using solar energy in 2014. “The company will start producing 30,000 cubic meters daily using solar power next year,” said Abdallah ben Abdel-Aziz al Sheikh, deputy head of SWCC. “Solar power technologies will be deployed in new desalination plants … Continue reading Saudi Arabia to Start Solar-Powered Desalination in 2014
Continue readingSpanish firms target Saudi solar energy sector
A group of Spanish companies have expressed willingness to enter into partnership with their Saudi counterparts to set up plants for production of solar energy to meet local demand and export to foreign countries, a senior diplomat at the Spanish Embassy said. Spanish Commercial Attache Juan Bordeal, speaking at a meeting organized by the Spanish … Continue reading Spanish firms target Saudi solar energy sector
Continue readingSaudi Arabia plans to install 41,000 megawatts (MW) of solar power over the next 20 years
Saudi Arabia plans to install 41,000 megawatts (MW) of solar power over the next 20 years. A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars of crude for export while making electricity at … Continue reading Saudi Arabia plans to install 41,000 megawatts (MW) of solar power over the next 20 years
Continue readingSaudi Arabia is planning to invest $ 109 billion in solar power
Saudi Arabia is planning to invest $ 109 billion over the next 20 years in order to take advantage of its excellent solar resources and diversify its energy mix, according to Alexander Lenz, president — the Middle East and Southeast Asia region, Conergy Asia & ME Pte. Ltd. This is because the “Kingdom believes sustainable … Continue reading Saudi Arabia is planning to invest $ 109 billion in solar power
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Irena applauds hails UAE concentrated solar power launch
The International Renewable Energy Agency (IRENA) welcomed the activation of the world’s largest operational Concentrating Solar Power (CSP) facility to date, as the Middle East turns to clean energy to fuel future growth. The Shams 1 thermosolar plant – in the desert of Abu Dhabi, capital of the United Arab Emirates – adds 100 megawatts … Continue reading Irena applauds hails UAE concentrated solar power launch
Continue readingThe world’s largest concentrating solar power plant
The world’s largest concentrated solar power plant, Shams 1, launched on Sunday. Taking three years to build, the $600m plant is located in Abu Dhabi’s western region, in the heart of the UAE’s hydrocarbon industry. At full capacity, the 100 megawatt Masdar, Total and Abengoa joint-project will power thousands of homes in the United Arab … Continue reading The world’s largest concentrating solar power plant
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Masdar sets sights on Saudi solar energy market
Masdar is bidding for a slice of Saudi Arabia’s burgeoning solar market after opening the 100 megawatt Shams-1 Concentrating Solar Power plant in Abu Dhabi. The company is seeking to capitalise on an emerging market as regional oil-exporting economies seek to boost their renewable energy output. “In the near future we will be announcing projects … Continue reading Masdar sets sights on Saudi solar energy market
Continue readingAEC signs MoU with KACO new energy of Germany for Solar Energy Development
Advanced Electronics Company (AEC) of Saudi Arabia and KACO new energy of Germany have signed a Memorandum of Understanding (MoU) to develop new business opportunities in the field of Solar Energy, with the focus on Photovoltaic (PV) Inverters. The purpose is to serve the growing demand for energy in Saudi Arabia and the MENA region. … Continue reading AEC signs MoU with KACO new energy of Germany for Solar Energy Development
Continue readingSaudi Arabia spearheading sustainable energy initiatives with long-term solar energy investments
Saudi Arabia is fast becoming a leading investor in alternative energy with the KSA Government announcing various solar power projects that are aimed to ensure sustainable long-term supply of energy across the Kingdom. The Saudi Government has already announced plans to invest SR408.75bn to produce an additional 41 GW of solar energy by 2032, which … Continue reading Saudi Arabia spearheading sustainable energy initiatives with long-term solar energy investments
Continue readingSaudi Arabia solar energy program gives massive boost to concentrated solar power industry
King Abdullah City for Atomic and Renewable Energy (K.A. CARE) announced the first details of their Renewable Energy Program, which contained a number of key takeaways that the Concentrating Solar Power industry must now consider. On 21 February 2013, K.A.CARE announced the launch of its eagerly awaited Renewable Energy Competitive Procurement Portal together with a White … Continue reading Saudi Arabia solar energy program gives massive boost to concentrated solar power industry
Continue readingDESERTEC Foundation endorses DESERTEC Power for Kingdom of Saudi Arabia
DESERTEC Power was established to advance the energy supply in the Kingdom of Saudi Arabia. This follows the direction of the Kingdom to significantly increase the sustainable power generation from renewable energy sources with viable, feasible, efficient, and sustainable solutions that address the current and forthcoming needs in the country. It is endorsed by the … Continue reading DESERTEC Foundation endorses DESERTEC Power for Kingdom of Saudi Arabia
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