April 13, 2019

The weekend read: Land of the Crescent Sun

Despite its abundant solar resources, Turkey’s potential for solar energy development remains largely untapped. Although the market grew considerably between 2017 and 2018, the outlook for the next two years, due to the macroeconomic situation and the current regulatory framework, appears rather gloomy. If regulations will not be changed, and tenders for large-scale solar remain unimproved, unsubsidized PV and self-consumption may remain the best options available to seek more growth.
April 13, 2019

Saudi Arabia plans 2.6 GW solar park near Mecca

The Faisaliah Solar Power Project is planned to be developed in several stages by the Saudi Ministry of Energy, Industry and Mineral Resources and the Development Authority of Mecca. Only 600 MW of the project will be tendered by the REPDO, while the remaining 2 GW will be built by the country’s Public Investment Fund along with its partners.
April 13, 2019

Phase IV of 5 GW Mohammed bin Rashid Al Maktoum Solar Park reaches financial close

Phase IV of the huge solar park includes a 700 MW CSP plant and a 250 MW PV facility. Funds for the $4.2 billion project will be provided by banks from the United Arab Emirates and China, as well as other international lenders.
April 13, 2019

Dubai’s South Energy Signs First Solar Project Agreement

The 2MWp photovoltaic system will generate more than 3,000,000kWh of clean & renewable energy annually for five of Dubai South's facilities