Week in Middle East: Saudi Arabia reveals prequalified bidders for 1.2 GW PV tender, Turkey to start local solar cell production on June 15, Egypt’s Benban Solar Park attracts $127mln investments – Minister and More

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Saudi Arabia reveals prequalified bidders for 1.2 GW PV tender

Saudi Arabia’s Renewable Energy Project Development Office (REPDO) has published a list of the prequalified bidders for the 1.2 GW solar tender it launched in late January. The list features 49 bidders, including some of the most prominent players in the global solar industry. France’s EDF and Total Solar will participate, as will Spain’s Solarpack, Acciona and TSK. Germany’s ib vogt is also on the list, as is China’s Jinko Solar, Canadian Solar and GCL.  South Korea’s Kepco will also compete, along with Japan’s Marubeni. In addition, Saudi Arabian utility ACWA Power is also participating, along with UAE-based Masdar, U.S. module manufacturer First Solar and Indonesian utility Tenaga Nasional.

Turkey to start local solar cell production on June 15

Turkey’s first integrated solar ingot-wafer-module-cell production factory in Ankara will begin its operations on June 15, according to the head of Kalyon Solar Energy Technologies Production Co. on Friday. In an exclusive interview with Anadolu Agency during the Solar Istanbul – Solar Energy, Storage, E-Mobility and Digitalization Exhibition & Conference, Ahmet Taskin said the facility will produce components for Turkey’s biggest solar power plant, which will be established as part of the first solar Renewable Energy Resource Zone (YEKA) tender with a capacity of 1,000 megawatts. Kalyon Holding, together with a South Korean Hanwha Q-Cells consortium, won the tender for Turkey’s biggest solar power plant project – the Karapinar Renewable Energy Resources Zone Project in March 2017 at a cost of $0.0699 per kilowatt-hour. However, Hanwha will not continue with this project and China Electronics Technology Group Corporation (CETC) have stepped in to construct the facility and to provide additional two years of technical assistance after the turnkey contract expires.

Egypt’s Benban Solar Park attracts $127mln investments – Minister

The Egyptian Ministry of Planning and Economic Development has issued a report on the country’s achievements in realizing the seventh goal in the 2030 UN sustainable development goals (SDGs) of producing affordable clean energy from renewable sources including solar and wind. In this respect, the Egyptian Minister of Planning, Hala El-Said, on Sunday said that the Benban Solar Park in Aswan is the largest of its kind in the Middle East and Africa, with the aim to increase the production of clean energy, and cater to the domestic electricity demand while curbing carbon emissions by two million tonnes per annum. Spanning across an area of 37 square kilometers, the complex comprises 32 solar power plants, with a total capacity of up to 1,465 megawatts (MW), equivalent to 90% of the energy produced by Aswan’s High Dam, the minister noted.

AAIB partners with Future Energy to provide solar home kits

What is the best way to enable individuals to easily install solar home systems in Egypt? This is the main purpose of a financing programme that has been initiated by the Arab-African International Bank (AAIB). The actions will be carried out in partnership with the solar energy supplier Future Energy. Over a large part of the African continent, particularly south of the Sahara, solar home kits provide access to electricity. In Egypt, these systems allow some households to “reduce their electricity expenses in the long term by buying sustainable solutions that produce their own electricity at home”, as AAIB points out. AAIB’s new programme enables its customers to obtain financing for the acquisition of solar home systems. In concrete terms, the financing covers the expenses related to the purchase and installation of solar panels. The individual can repay the loan through “flexible payments” over a period of 84 months. Overall, the bank’s customers can thus lend up to a maximum of 2 million Egyptian pounds (around 128,000 dollars).

Bahrain’s Tamkeen launches new Solar Financing Scheme

Manama – Tamkeen has signed an agreement with several leading banks in Bahrain for the launch of the Solar Financing Scheme. Part of Tamkeen’s Tamweel Scheme, it aims to empower enterprises and enable them to purchase solar energy panels to generate energy – which in turn will help them reduce costs. The partnership comes as part of Tamkeen’s strategic efforts to encourage the transformation to renewable energy while reducing energy expenditures. Tamkeen chairman Shaikh Mohammed bin Essa Al Khalifa said: “This step is aligned with Vision 2030 and the kingdom’s sustainable development goals. This support is going to encourage enterprises to use renewable and clean energy, which will help them reduce their costs, allowing them to focus on expansion.”

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