Tag Archives: Saudi Arabia

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

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Concentrated 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

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Spanish 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

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Saudi 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

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Saudi 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

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The 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

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AEC 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

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Saudi 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

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Saudi 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

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DESERTEC 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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Saudi Arabia sets out roadmap for 41 GW of solar power and 9 GW of wind energy capacity by 2032

KACARE specified that in the first two bidding rounds after the introductory procurement round, it wanted 2.4 GW of PV solar energy capacity and 2.1 GW of concentrated solar power capacity. Saudi Arabia has quickly made it onto the list of focus markets for investors and technology providers, with the government announcing its ambitious $109 … Continue reading Saudi Arabia sets out roadmap for 41 GW of solar power and 9 GW of wind energy capacity by 2032

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Saudi Arabia plans to install 54 GW of solar power (PV and CSP) and wind energy capacity by 2032

King Abdullah City for Atomic and Renewable Energy (KA-CARE) unveiled a white paper detailing the tender processes for new solar photovoltaic (PV) and concentrated solar thermal power plants, wind farms, geothermal energy facilities and waste-to-energy plants. The first three rounds of contracts are now expected to be awarded before 2015, with a view to creating … Continue reading Saudi Arabia plans to install 54 GW of solar power (PV and CSP) and wind energy capacity by 2032

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Saudi Arabia unveils plans to build 41 GW of solar PV and Concentrated Solar Power (CSP) plants

The King Abdullah City for Atomic and Renewable Energy (K.A.CARE, Riyadh, Saudi Arabia) has issued a white paper outlining its plans to build 41 GW of solar photovoltaic (PV) and concentrating solar power (CSP) projects by 2032. These projects will represent an estimated investment of over USD 60 billion. As a first step, K.A.CARE will … Continue reading Saudi Arabia unveils plans to build 41 GW of solar PV and Concentrated Solar Power (CSP) plants

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Photovoltaic opportunities in Saudi Arabia growing

With PV projects coming online and a strong potential pipeline, international companies have turned to Saudi Arabia to provide the next big market. This week it was heavily reported that Suntech and Phoenix Solar had completed their 3.5MW Saudi Arabia project at the King Abdullah Petroleum Studies and Research Center (KAPSARC). The project is owned … Continue reading Photovoltaic opportunities in Saudi Arabia growing

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Saudi Arabia: Producing electricity with solar power

Saudi Arabia has reached an important milestone in the development of its solar power industry (planned investment: $109 billion) with the completion this week of a 3.5 megawatt  photovoltaic plant in Riyadh. Located on the grounds of the King Abdullah Petroleum Studies and Research Center (KAPSARC) in the capital city, this is the Kingdom’s biggest … Continue reading Saudi Arabia: Producing electricity with solar power

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