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.
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.
Benban Solar Park will cover around 37 km2 of desert with solar panels in 2019, providing around 1.8 Gigawatt (GW) of electricity.
Since the Jordanian government announced the initiative of installing 2-kilowatt solar energy systems in March of 2018, the ministry received around 2,495 applications.
Algeria plans to issue solar energy tenders to be able to meet the rising demand for electricity and increase gas exports, an official said.
The Egyptian New and Renewable Energy Authority (NREA) has signed an agreement with Spain's TSK to establish a 26 MW photovoltaic solar park in Kom Ombo, Aswan, for around $23.35 million.
Three companies have already finalized their offers for the 50 MW Zaafarana solar plant tender.
Total Egypt has assigned Complete Energy Solutions (CES) to prepare a feasibility study for the establishment of 220 solar power plants with capacities varying between 60 kilowatts and 200 kilowatts per plant.
The Egyptian Ministry of Finance plans to issue letters of guarantee for 30 solar energy firms under the terms of phase II of the Feed-in-Tariff (FiT) program.
Britain will invest more than $97 million in the Benban Solar Park.