Saudi Arabia to Build Solar Panel Factory
The Saudi Industrial Development Fund (SIDF) has signed an agreement with Masdar for the construction of a solar panels factory that will be the largest in the Arab world.
The Saudi Industrial Development Fund (SIDF) has signed an agreement with Masdar for the construction of a solar panels factory that will be the largest in the Arab world.
Bahrain-based Oak Group Holdings has reached a deal to generate and inject biogas into the UK gas grid.
The agreement aims to shift towards increased dependence on renewable energy sources, in line with Saudi Vision 2030.
The project is expected to generate electricity for the houses of 2,213 families benefitting from the National Aid Fund (NAF).
The Chinaese Silk Road Fund has become a leading partner and shareholder in ACWA Power Renewable Energy Holding (ACWA Power RenewCo).
Investments in the new project are expected to reach around EGP 4 billion.
The workshop gathered about 30 participants from 21 countries to discuss renewable energy projects, small and micro electric power grids in Africa.
Sweden could help provide the needed funds to finance renewable energy projects in Egypt and provide technical support to the electricity sector.
The Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) has implemented many renewable energy projects worth $70.5 million over the past four years.
Egypt has signed 32 power purchasing agreements (PPAs) for solar energy projects that are being conducted in Benban, Aswan to develop the biggest solar energy park in the world.