waaree december

Week In Middle East: Masdar Agrees To Develop 1 GW Of Solar PV Projects In Azerbaijan; DHL Express Installs Solar Power Plant At Its Amman Facility With Yellow Door Energy; And More


Reading Time: 9 minutes

Masdar Agrees To Develop 1 GW Of Solar PV Projects In Azerbaijan


Masdar, one of the world’s leading renewable energy companies, has signed implementation agreements with the Ministry of Energy of the Republic of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 megawatts (MW) as an exclusive concession, with the right to develop an additional 6,000 MW as a second phase, bringing the total production capacity of these projects to 10,000 MW – the largest such signing in Azerbaijan’s history. Masdar signed two implementation agreements, one relating to the development of onshore wind projects with a capacity of 1,000 MW, and 1,000 MW of solar photovoltaic (PV) projects. The second agreement covers integrated offshore wind and green hydrogen projects with a capacity of 2,000 MW.

DHL Express Installs Solar Power Plant At Its Amman Facility With Yellow Door Energy

DHL Express, the largest regional express and logistics provider, has installed a solar power plant at its Amman facility for reducing its energy consumption by 100 percent. This is also in line with its global sustainability commitments of becoming a net-zero logistics company by 2050. This solar project is one of the many solar photovoltaic projects that will be implemented in DHL’s regional offices in the near future. DHL as of now has installed around 434 solar panels at its Jordan unit in partnership with Yellow Door Energy, the region’s leading sustainable energy partner. In its first year, the solar plant will produce 294 kWh of renewable energy. This would provide 100% of the facility’s energy needs with half the electricity costs.

Korea Electric Power Corporation, Korea Western Power, Samsung C&T Corporation And Petrolyn Chemie Partners To Build Green Ammonia And Hydrogen In UAE

Three South Korean companies have teamed up to form a consortium for the construction of a green ammonia and hydrogen production facility in the UAE. Korea Electric Power Corporation, its subsidiary Korea Western Power, and Samsung C&T Corporation have partnered with Petrolyn Chemie, a UAE-based company of Petrolyn Tech and Chemie Tech. The companies will jointly develop a plant that can produce 35,000 tonnes of green ammonia per year. Later, it will be scaled up to produce 200,000 tonnes. In two stages, the capacity will be built in Abu Dhabi’s Khalifa Industrial Area. It was impossible to give an exact time frame for each phase’s installation. This initiative will create a platform to facilitate technology development, investment, production, logistics, and distribution of green hydrogen. The partners claim that the project will reduce the UAE’s carbon footprint, and help the country achieve its 2050 goal of carbon neutrality.

Also Read  AfDB Approves $2.5 Million Grant to Mozambique to Develop Renewable Energy Resources

Mondelēz Signs A Solar Power Purchase Agreement With Yellow Door Energy In Bahrain

Mondelēz Bahrain Biscuits WLL signed recently a solar power purchase agreement with Yellow Door Energy, a leading provider of sustainable energy for businesses in the Middle East and Pakistan. Located at the state-of-the-art Mondelēz biscuit factory in Al-Hidd, Bahrain, the solar plant will have a capacity of 2.3 megawatts and will comprise over 4,200 solar panels for both rooftop and carport applications. Once completed, the solar plant is expected to produce 3,820 megawatt-hours of clean energy in the first year of operation, equivalent to reducing carbon emissions by 2,400 metric tons. As the solar developer, Yellow Door Energy is responsible for financing, designing, building, commissioning, operating, and maintaining the solar plant for the duration of the agreement. By working with solar developers, leading businesses can reduce their energy costs without any upfront investment or operational risk, while maintaining focus on their core business and enjoying the benefits of clean energy.

LONGi Signs Distribution Agreement with Abunayyan Trading Corporation, KSA’s Top Integrated Solutions Provider

LONGi has entered into a distribution agreement with Abunayyan Trading Corporation (ATC), a trusted company that provides water and energy solutions to residential and commercial customers in Saudi Arabia and the Arabian Gulf. LONGi and ATC hosted the physical signing ceremony at ATC Headquarters, Kingdom of Saudi Arabia (KSA) on the 6th of June. LONGi’s representatives at the ceremony included Mr. Chao Jia, President of MEA & Central Asia (CA) Region, Mr. Baggio Teng, Head of New Business Project Team, MEA & Central Asia (CA) Region, and Ms. Claire Zheng, KSA Country Manager. As part of Saudi Vision 2030, the Red Sea Project is a significant undertaking. This project will change the way people live in the Middle East. LONGi is making a huge step towards the region’s energy transformation with this project.

Also Read  GoodWe Launches Upgraded Energy Storage Inverter ES G2 for the Residential Solar Market

ACWA Power Signs A PPA For Building 91 MW Solar Power Project

ACWA Power has signed a power purchase agreement for 30 years for a 91 MW solar power project, that will be over 300 km south of Riyadh. ACWA Power will build, develop and operate the Layla Photovoltaic (PV) Solar IPP, according to the agreement. The project’s estimated value is SAR 401 million (USD 106.9 million). ACWA Power holds approximately 40% of the project. Layla PV Solar IPP was offered in Round 3 of the National Renewable Energy Programme (NREP). The contract was won by ACWA Power and the Ministry of Energy after they received the lowest bid of SAR 0.112/kWh. Once the project is in commercial operation, which is expected to happen in the first quarter of 2024, we will know the financial impact of the PPA.

President Of Egypt, El-Sisi Follows Up On Nationwide Green Hydrogen Production Projects

President Abdel Fattah El-Sisi met with Prime Minister Dr Mostafa Madbouly, Minister of Electricity and Renewable Energy Dr Mohamed Shaker, and Chairman of the General Authority for the Suez Canal Economic Zone (SCZone) Eng. Yehia Zaki. The Spokesman for the Egyptian Presidency stated that the meeting discussed the projects of green hydrogen production nationwide. The meeting focused on the latest developments in cooperative efforts with international companies in the field of green hydrogen generation using renewable energy. These efforts are being made as part of the national strategy that aims to maximize the share of clean energy in the country’s electrical capacity mix to reach 42 %, given Egypt’s huge clean energy potential, especially wind and solar power.

IRENA And RCREEE Strengthen Energy Transition Collaboration In MENA Region

The International Renewable Energy Agency (IRENA) and the Regional Center for Renewable Energy and Energy Efficiency (RCREEE) agreed to strengthen their collaboration on scaling-up renewable energy deployment in the Middle East and North Africa (MENA) region. The Memorandum of Understanding was signed in Jordan, on the margins of the “MENA Europe Future Energy Dialogue,” by IRENA Director-General Francesco La Camera and RCREEE Executive Director Dr Jauad El Kharraz. Under the agreement, IRENA and RECREEE will partner on regional dialogues and initiatives that address the challenges, needs, and opportunities of a renewable-based energy transition in MENA countries. The agencies will also share knowledge and cooperate on building capacity in MENA countries, particularly through enabling policy and regulatory frameworks that can accelerate renewable energy adoption.

Also Read  TAQA Arabia Commissions 20 MW Solar Plant In Sharm El-Sheikh

Enova Earns “Top Brand PV Seal” Award From EUPD Research And Joint Forces For Solar Global

Enova, the regional leader in energy management and multi-technical services, has earned the “Top Brand PV Seal” MENA 2022 award by EUPD Research, a globally acknowledged research institute that conducts an independent market analysis each year to identify and highlight the industry’s top companies on local and regional levels, and Joint Forces for Solar Global, the leading solar business and knowledge network. Based on the analysis conducted by EUPD Research, the “Top Brand PV Seal” award is the most recognized and prestigious certification in the international PV industry and stands for reliability and integrity. This year, Enova has won the “Top Brand PV Seal” in the Solar Engineering, Procurement, and Construction (EPC) category, which covers companies that deliver end-to-end solar energy services.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.