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UK could tap into Africa’s $24bn market for off-grid solar power

Rapidly growing sector could prove lucrative as Britain seeks post-Brexit trade opportunities UK investors could seize a $24bn investment opportunity by helping to connect millions of people without access to electricity to off-grid home solar power systems. The market for pay-as-you-go home solar packages is expected to boom in Africa, where millions of homes are […]

Middle East renewable energy ambitions face new challenges, says GlobalData

Jennifer Aguinaldo, Energy Editor at GlobalData, a leading data and analytics company offers her view: “Led by Abu Dhabi, Dubai and Saudi Arabia, solar and wind energy capacity is ramping up in the Middle East as governments seek to deliver ambitious renewable energy targets. The completion of the first utility-scale renewable projects across the Gulf […]

Off-grid African solar ‘could offer opportunities worth $24bn per year’

That’s the prediction from Kleos Advisory, which in a new report stresses the importance of harnessing the potential of the continent and strengthening ties with UK businesses Off-grid solar energy in Africa could offer economic opportunities worth $24 billion (£18.4bn) per year. That’s the prediction from Kleos Advisory, which in a new report stresses the […]

Solar Sustainability: Central Tower of 700 MW CSP Project by Shanghai Electric and DEWA Tops Out in Dubai

SHANGHAI: Significant progress has been made in the Dubai 700 MW concentrated solar power project, announced as the world’s largest single-site CSP project. On Jan 9th, a topping-out ceremony for the project’s 222-meter central tower was held, welcoming representatives from Shanghai Electric – the project’s general contractor – Dubai Electricity and Water Authority (DEWA), Noor […]

Masdar and PLN enter partnership to develop first floating solar power plant in Indonesia

Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Dr Sultan bin Ahmad Al Jaber, UAE Minister of State and Chairman of Masdar, and Zulkifli Zaini, […]