solar power | Egypt Oil & Gas - Part 9

Solar Power Economics Reach Tipping Point in UAE

The drop in the cost of UAE’s solar powered energy sources has reached parity with cost of fossil fuels, making it economical and commercially viable, according to the ‘REmap 2030’ report. The ‘REmap 2030’ report was ...

Approvals for Orascom Solar Project Still Pending

The main challenge facing the Orascom Telecom Company, Media and Technology’s solar energy project is the coordination between the ministries of Finance and Electricity and the Central Bank of Egypt (CBE), the company...

TAQA to Build 50MW Solar Plant for $75m Near Aswan

Egyptian energy production and distribution company TAQA Arabia has signed a concession agreement to establish a 50MW solar energy plant in Benban near Aswan with a total investment cost worth $75m. The company is thu...

Al-Naimi: Renewables a Must When Fossil Fuels Run Out

Saudi oil minister Ali Al-Naimi said on Thursday the kingdom envisaged the fact that fossil fuels could become unnecessary before the middle of the century and was investing in renewable energy for that reason. “...

Iran’s Largest Solar Power Plant on Verge of Operation

Iran’s largest solar power plant is expected to be operational and linked to the national grid in the next two years, said Mehrdad Tabegar, an official of the company implementing the project. He said the Irania...

Access Power Signs Renewable Energy Deal with Egypt

A Memorandum of Understanding (MoU) was signed Wednesday between the Egyptian Ministry of Electricity and Renewable Energy (MERE) and Access Power MEA, during the Middle East Solar Industry Association’s (MESIA) Renew...

Dubai to Invite Bids for Next Phase of Solar Park

Dubai Electricity and Water Authority (Dewa) has invited bids for a project consultancy contract for the third phase of Mohammed bin Rashid Al Maktoum Solar Park, one of the largest renewable energy projects in the re...

Saudi Solar to Up National Power Contribution in 2032, Report

Increasing government focus on renewable energy programme coupled with rising power demand will drive Saudi Arabia’s solar power market to experience robust growth rate through 2020, a report said. Being located...

Egyptian and Italian Firms Coalescing Round New Solar Power Project

Misr Asset Management (MAM) is planning to inaugurate a solar power plant by end of 2015, at investment cost worth US$50 million. Speaking to Amwal Al Ghad on Tuesday, MAM’s managing director Hassan Abdel-Hamid stated...

Chinese Solar-Powered ACs to Help UAE Balance Electricity Costs

Gree Electric Appliances said it has introduced the world’s first solar variable refrigerant flow (VRF) air-conditioners in the UAE. A major appliance manufacturer based in China, Gree said the revolutionary product i...

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