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UAE solar capacity to increase fourfold by end of 2025 thanks to ‘robust’ development pipeline

The United Arab Emirates (UAE) is capable of reaching its renewable energy targets thanks to a “robust” development pipeline of solar projects, new research from Rystad Energy suggests. Installed solar PV is expected to increase fourfold from now to the end of 2025, increasing from its 2.1GW level to reach 8.5GW, when it will represent […]

Construction of 5 solar parks underway across Iran -EQ

Financing completed for $564m fifth phase of MBR Solar Park

ACWA Power, a Saudi Arabian developer, investor and operator of power generation and desalinated water plants, completed the signing of all financing agreements of the 900MW solar PV project, Shuaa Energy 3 PSC, which is the fifth phase of the Mohammed Bin Rashid Al Maktoum (MBR) Solar Park in Dubai. Shuaa Energy 3 PSC is […]

Construction of 5 solar parks underway across Iran -EQ