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Egypt Set To Catch Up On Solar Growth In Coming Years

GlobalData’s has released a new report, ‘Egypt Power Market Outlook to 2030, Update 2021 – Market Trends, Regulations, and Competitive Landscape’ to evaluate and project the Egyptian power market to 2030. Egypt, despite having very favourable conditions for renewable energy, especially solar power, has lagged until recently, like much of the countries in the African […]

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Indonesia to Build Solar Projects on Erstwhile Mine Sites

Indonesian coal miner PT Bukit Asam plans to build three solar power projects on former mine sites as part of its expansion into renewable energy, the company’s chief executive Suryo has been quoted as saying in media reports. State-controlled Bukit Asam has reserved land in West Sumatra, South Sumatra and East Kalimantan provinces, with the […]

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Uzbekistan’s First utility Scale Solar Plant of 100 MW Commissioned

Uzbekistan, the central asian republic has inaugurated its first utility-scale solar plant, a 100MW site developed by the UAE’s Masdar. Agreements to build the project had been signed between Masdar and the government of Uzbekistan and JSC National Electric Grid of Uzbekistan (NEGU) in 2019. The agreements covered all aspects of design, finance, build, own […]

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Masdar & EDF led 400MW Wind Farm in Saudi Arabia Begins Generation

The 400 MW utility-scale wind power project, developed by a consortium led by EDF Renewables and Masdar, two of the world’s leading renewable energy companies, has started to produce electricity. The wind farm is claimed to be the largest and first in the Kingdom of Saudi Arabia. Called Dumat Al Jandal, it has been successfully […]

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Masdar JV Reaches Financial Close On Indonesia’s First Floating Solar Plant

UAE-based renewable energy company Masdar and its partner PT PJBI announced today that their joint venture (JV) has achieved the financial close on the Cirata Floating Solar Power Plant project in Indonesia. The construction work of Indonesia’s first-ever floating solar power plant has begun. PT. PMSE (Pembangkitan Jawa Bali Masdar Solar Energi) is the JV […]

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RenewSys Launches New Module Facility in Maharashtra

RenewSys India Pvt. Ltd. has set up a new manufacturing line for 2 GW of PV modules in a phased manner at Patalganga, Maharashtra, the company has said in a statement. The Mumbai-based module manufacturer expects the new facility, which is about 1.2 hours away from the JNPT port, to strengthen its customer service capabilities […]

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Hero Electric Raises Rs. 220 Crores From GII and OAKS

Hero Electric, the market leader by sales in the electric two wheelers, has raised an investment of Rs. 220 Crore from a UAE-based financial services company Gulf Islamic Investments (GII), and an existing investor, OAKS investment partner. the funds will be deployed as Hero Electric seeks to make an impact in the crowded electric two […]

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