The funding for many of the great renewable energy projects within the Middle East and North Africa (MENA), and other developing regions, will continue to be directed via the World Bank, Reuters reports. The funds support projects which cut climate-changing…
Frank Wouters of Masdar Power at Abu Dhabi’s World Future Energy Summit. With its first large scale solar farm expected to be operational by August, Masdar is now about to construct its second utility-scale solar project in the UAE, the 100 MW Nour 1….
Torresol – a joint venture between Spain’s SENER and Abu Dhabi’s Masdar, plans to invest up to $5 billion building 6 GW of concentrated solar-thermal power (CSP) projects over the next three years in the deserts of the MENA region, Spain, and the US. Although the sites are not yet named, at least one of the plants will be in Abu Dhabi.
The company (‘torre’ is Spanish for tower, and ‘sol’ for sun) says it is optimistic in getting the funding for its ambitious solar project pipeline. “Despite the ongoing economic troubles facing much of the world”, says Torresol President Enrique Sendagorta, “we believe we can achieve our goals as foreign banks are becoming more interested in financing solar power projects because it is a winning investment”.
The first of the Desertec solar projects all use CSP, in Morocco, and in Algeria, and just today – in Tunisia.
Wow, the Desertec vision is barreling into realization! A clean energy future where the world’s deserts supply huge amounts of solar energy to the whole of humankind is truly becoming reality. Now the fourth Desertec project, by far the largest-ever solar plant in the world – for 2,000 MW of solar power – is to be built in Tunisia.
(Previous stories: Desertec Begins: 500 MW Moroccan Solar in 2012, then MedGrid joined up, providing the transmission needed, with the plan to export up to 5GW of renewable power by cable under the Mediterranean between North Africa and Europe as early as 2020, and then most recently, the 3rd Desertec Deal Signed – Algerian Solar.)
How huge will this solar project be? 2, 000 MW is six times the size of the largest solar CSP project ever built
Abu Dhabi’s 75% government-owned National Energy Company TAQA has just created its first-ever division to specialize in investing in renewable energy. The new unit, Energy Solutions, will invest in wind, solar, thermal and hydro power, according to a report at The National. TAQA first evidenced…
Nearly 3 billion people lack safe and efficient cooking gear. It’s time to make the problem in the kitchen sexier. Half the world’s households prepare their meals over open fires or with jerry-rigged cookers fueled by scrap wood, coal, combustible…
Algiers will be the place to be for utility-scale solar developers next May. The German trade fair specialists Messe and their Algerian daughter company in Algiers will hold a solar trade fair at the Palais des Expositions d’Alger from 7 to 10 May, 2012.
As one of three North African desert nations now at the forefront of responsible climate legislation, through its ambitious solar plans and its participation in the visionary Desertec project, Algeria is ideally situated to host the event.
Morocco already has the world’s most ambitious solar target. Now it is starting on wind.
Morocco’s ascendance in renewable development is continuing apace. Morocco’s state-run power utility has just invited companies to bid on five wind farm projects with a total power generation capacity of 850 megawatts, as part of its plan to build 2,000 MW of wind power by 2020.
Scotland’s first Minister Alex Salmond will travel to Abu Dhabi this week to address an audience of world leaders at the World Future Energy Summit as a guest of Masdar. (Related: Global Clean Energy Brokers Meet at Abu Dhabi Emergy Summit) But…
Post-Durban World Future Energy Summit in Abu Dhabi is now a huge opportunity for clean energy developers in the Middle East region. Ever since the European Union adopted the Kyoto Accord and with it the Clean Development Mechanism (CDM) which…
