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Week In Middle East: LONGi To Supply Solar Panels to Masdar’s 230 MW Garadagh Solar Plant in Azerbaijan; LUSIX Becomes World’s First 100% Solar Powered Lab-Grown Diamond Producer; And More

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LONGi To Supply Solar Panels to Masdar’s 230 MW Garadagh Solar Plant in Azerbaijan

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LONGi and Masdar jointly held a signing ceremony on June 14th in Masdar City, Abu Dhabi, for the supply of solar photovoltaic (PV) modules via Masdar’s wholly-owned affiliate Source Trading Company for the 230 megawatts (MW) Garadagh Solar Plant, the first utility-scale solar plant in Azerbaijan. The Project is located nine kilometers northwest of the Alat settlement and will help generate half a billion kilowatt-hours of electricity annually. The total production would be enough to meet the needs of more than 110,000 houses, reduce emissions by more than 200,000 tons a year and create valuable jobs.

LUSIX Unveils Sun Grown Diamonds, Becomes World’s First 100% Solar Powered Lab-Grown Diamond Producer

LUSIX, a prime grower of lab-grown diamonds (LGDs) unveiled its Sun Grown DiamondsTM, revealing that its entire diamond growing operation is now 100% solar-powered located in Southern Israel. LUSIX is the world’s first producer of 100% solar-powered lab-grown diamonds. LUSIX announced that the entire Company, including all its diamond growing operations, is fully powered by a dedicated 30-megawatt solar farm situated in southern Israel, ensuring that all of LUSIX’s energy consumption is 100% accounted for by solar power. This significant milestone in lab-grown diamond production supports the Company’s mission to sustainably produce the highest quality lab-grown diamonds. LUSIX will supply its solar-powered lab-grown diamonds under the commercial name: Sun Grown DiamondsTM.

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Oman Power And Water Procurement Company Plan Projects Over $1.250 Billion In Renewable Energy

Yaqub bin Salif Al-Kiyumi, CEO of Oman Power and Water Procurement Company, stated that OPWPC plans to attract over $1.250 billion, in several projects in the renewable energy sector. The CEO of the company plans to build two solar plants in Al Dakhiliyah Governorate with a combined capacity of 1,000 MW. These projects will be awarded by the end of the year. These projects are expected to receive a private investment of approximately $600 million. He said that the company plans to invest approximately $300 million in wind energy in South Sharqiyah Governorate’s Wilayat de Jalan Bani Bu Ali and Al Wusta Governorate’s Wilayat de Duqm. The company will also begin the process for selecting developers by the end of the year.

Masdar Signs An Agreement With KEPCO To Investigate Prospects In Green Hydrogen

Masdar signs an agreement with Korea Electric Power Corporation (KEPCO) to investigate prospects in green hydrogen, wind energy, and battery storage. The agreement was signed by Seung-il Cheong, CEO of Kepco, and Mohamed Jameel al-Ramahi, CEO of Masdar in South Korea. Both companies will see the potential of green hydrogen production. Korea Electric Power Corporation (KEPCO) was founded under the Korea Electric Power Corporation Act to facilitate the development of electric power sources, satisfy the nation’s electric power supply and demand and contribute to the development of the national economy.

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EDF Renewables Commissions Four Solar Power Plants, Including Two Floating, In Israel

EDF Renewables, the leader in solar power in Israel, is announcing the commissioning of four new solar farms in the country, for a total of 54 MW of installed capacity. These new facilities are part of the Israeli government’s target to increase the share of renewable energy in the country’s energy mix to 30% by 2030. It also contributes to the EDF Group’s Cap 2030 strategy, which aims to double its net renewable energy capacity, from 28 GW to 60 GW, between 2015 and 2030. Winners of the Israeli government’s tenders held in 2019, the four solar farms will produce enough electricity to supply 15,000 homes. Each one benefits from a 20-year feed-in tariff for their output.

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