Abu Dhabi’s Torresol $5 Billion Solar Plans Include US

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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.

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Tunisia Announces 4th Desertec Deal and 2 GW of Solar!

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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

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Abu Dhabi’s $32 billion TAQA Adds Clean Energy Division

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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 an interest in clean energy in 2008, and it has committed to a $1.1 billion […]

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Cleaner Cookstoves for a Cooler Planet

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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 waste and dung. Fatal burns are common and foraged fuel dangerously degrades indoor air quality. […]

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Desertec Nation Algeria to Host Huge Solar Trade Fair from Germany

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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.

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Now Morocco is Looking for Bids for 850 MW of Wind

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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.

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Global Clean Energy Brokers Meet at Abu Dhabi Emergy Summit This Month

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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 funds renewable development in the developing world to offset carbon emissions in Europe, the developing […]

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Possible End of Kyoto at Durban Threatens MENA Renewable Energy

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CDM funding for renewable energy in emerging nations is endangered in Durban, South Africa With the increasingly likely non-renewal of the Kyoto Accord after 2012 at this week’s international climate talks at the seventeenth Conference of the Parties (COP17) to the UN Convention on Climate Change in Durban, South Africa, renewable energy project funding throughout […]

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Israel Corporation Subsidiary to Build 510 MW Hydro Project in Peru

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Israel Corporation subsidiary Inkia Energy has signed an engineering procurement contract for the construction of a huge 510 MW hydro-electric project in Peru. Its Cerro del Águila Hydroelectric Power Plant will be located in the province of Tayacaja.Peru is a country that already gets 48% of its electricity from hydropower, which depends on water at elevation for its operation. Peru's Energy and Mines Ministry, Pedro Sanchez said in a press release that the project is one of three hydroelectric plants it was seeking tenders for building and operating, that will require a combined investment of $1.7 billion.

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Masdar Opens First Baseload Solar in Spain – Gemasolar

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Now Masdar builds solar with a 75% capacity factor, almost as much as nuclear Masdar, the holistic and progressive renewable energy company from the UAE’s capital Abu Dhabi, and SENER, a leading engineering and construction firm in Spain have formed a joint venture, Torresol Energy, that just inaugurated their Gemasolar Concentrated Solar Power (CSP) project; the first commercial plant […]

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Desertec Plans Get Boosts from MENA and EU Renewable Policies

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For both the interim Mediterranean Solar Plan and Desertec, the creation of renewable policy and renewable job skills development in both the potential energy-supplying countries and the potential energy-receiving countries is necessary. The Mediterranean Solar Plan represents an interim step towards Desertec. It aims to create 20 gigawatts’ worth of new renewable energy sources in MENA […]

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