Masdar seals agreement to develop 400 MW of solar in Armenia
The Abu Dhabi-based clean energy group has entered into a formal agreement with an investment fund to develop 400 MW of PV capacity in Armenia, with a projected investment of up to $320 million.
Saudi Arabia’s 300 MW Sakaka solar plant comes online
The PV facility was completed a month and a half ahead of schedule by Saudi energy company ACWA Power. The project will sell power at $0.0236/kWh.
Uzbekistan announces tender for up to 900 MW of solar
The central Asian nation and the International Finance Corporation have signed a mandate to develop up to 900 MW of solar capacity through public-private partnerships.
Dubai’s 900 MW solar tender sees lowest bid of $0.0169/kWh
The offer was apparently submitted by Saudi energy giant ACWA Power, which refused to confirm the bid when asked by pv magazine. The second lowest bid – $0.0175/kWh – was reportedly submitted by a consortium formed by Emirati developer Masdar, French utility EDF and Chinese PV panel maker Jinko Power.
Who has won contract for Indonesia’s controversial floating PV project?
The government was forced to hold a tender for the 200 MW Cirata Dam scheme after originally awarding the deal to UAE developer Masdar. With August 19 named as the date to announce the auction results, nobody is any the wiser as yet.
Masdar inks MoU to develop 300 MW of solar in Armenia
The Armenian solar market has been somewhat slow to take off, but it could be experiencing a serious push, following an announcement that Abu Dhabi-based energy company Masdar plans to deploy 500 MW of solar and wind capacity in the country.
Seychelles firms up 4 MW floating PV project
The installation will be Africa’s first privately financed, utility scale floating solar installation. A group of pre qualified bidders inspected the site and are expected to submit full technical and financial documentation by September.
EDF-led consortium wins Moroccan tender for 800 MW CSP-PV project with price of $0.070/kWh
The grouping, which includes UAE-based Masdar and Moroccan independent power producer Green of Africa, is planning to begin construction this year. The project is among those realized by the Moroccan Agency for Sustainable Energy, as part of the Noor Solar Plan to develop a minimum 2 GW of capacity by next year.
ACWA triumphs again in Middle Eastern tendering exercise
With no details reported on the final electricity price agreed for a 500 MW solar project to be built in Oman, speculation will center on whether the victorious Saudi power company and its Kuwaiti partners have again trumped lower offers from overseas rivals.
Abu Dhabi’s Masdar vies for stake in Indian developer Hero Future
State-owned Masdar Clean Energy is in talks to acquire a 30-35% stake in Hero Future Energies. With the stake sale, the renewable energy arm of Hero Group expects to raise $300-350 million for its expansion into global markets, according to reports.
