Masdar and Malaysia collaborate to create up to 10GW of renewable energy projects
In a historic move that will shape the future of Malaysia’s energy landscape, Abu Dhabi Future Energy Company PJSC, popularly known as Masdar, has signed a monumental Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA). Under this innovative agreement, Masdar, the UAE’s leading clean energy entity, will commit to investing a staggering US$8 billion towards developing up to 10 gigawatts (GW) of renewable energy projects. . This strategic partnership is poised to significantly enhance Malaysia’s sustainable energy revolution. Celebrated as a pivotal milestone in Malaysia’s quest for a greener tomorrow, the collaboration will see MIDA play a key role in advancing Masdar’s efforts. Scheduled to be delivered by 2035, the ambitious project will include a variety of renewable energy initiatives, including ground-mounted, rooftop and floating solar farms, onshore wind farms, and state-of-the-art battery energy storage systems. It is included.
Bhageria Industries and APM Terminals partner on solar EPC project in Bahrain
Bhageria Industries Limited, a prominent company in the specialty chemicals and renewable energy sectors, has secured its first international turnkey solar power engineering, procurement and construction (solar power EPC) project in Bahrain. This comprehensive agreement with APM Terminals Bahrain includes the entire project cycle including design, engineering, supply, construction, testing and commissioning, as well as a 10-year operations and maintenance commitment. The project has a total capacity of 11.4 million kWp and is valued at 144.9 billion rupees ($12.57 million) excluding taxes. With this development, Bagheria Industries opens the door to a dynamic and untapped market, offering renewable energy solutions that will positively impact both the Indian and Bahrain markets.
India and Saudi Arabia strengthen renewable energy investment partnership
In a significant development, India and Saudi Arabia have signed a cooperation agreement to promote investment in each other’s renewable energy sector. This important initiative was announced by Union Power & NRE Minister Shri. RK Singh’s visit to Saudi Arabia. During the visit, Minister RK Singh held bilateral discussions with Saudi Investment Minister Khalid al-Falih. Following this, Minister Singh addressed a gathering of prominent Saudi businessmen and investors and called for investment in India’s fast-growing new renewable energy sector. The invitation included key areas such as solar energy, wind power and green hydrogen. Notably, several major Saudi entities participated in the meeting, including ACWA Power, Al-Fanar, AWJ Energy, and L&T.
Private sector invests $4.4 billion in renewable energy to boost Egypt’s production capacity
Egypt’s private sector is currently working on renewable energy projects worth a total of $4.4 billion, according to Mohamed Shaker, Minister of Electricity and Renewable Energy. These projects aim to increase Egypt’s renewable power capacity to 10,000 MW by 2025. Additionally, Egypt plans to export approximately 5.6 million tons of green hydrogen annually, with the goal of capturing 8% of the global hydrogen market. In the ongoing parliamentary session, the Egyptian government plans to present incentives for green hydrogen projects. Recently, Egyptian President Abdel Fattah el-Sissi presented Mr. Jin Liqun, President and Chairman of the Board of the Asian Infrastructure Investment Bank (AIIB), during the 8th Annual General Meeting of the AIIB Board of Directors held in Sharm El. I had a meeting with -Sheikh, Egypt.
TCIL invites bids for 26MW solar power project at Muscat and Salalah airports in Oman
In a significant development in the renewable energy sector, Telecommunication Consultants India Ltd. (TCIL) has issued an invitation for bids from eligible parties to establish pre-bid partnerships for key projects in Oman. The project is titled “Commissioning including design, engineering, supply, construction, testing, operation and maintenance of fixed asset lease based 20MW Muscat International Airport and 6MW Salalah Airport Solar Power Project in Oman” and is a project for a prestigious client. It is being carried out for. In Oman.
India and Saudi Arabia sign memorandum of understanding for cooperation in power interconnectivity, green hydrogen and supply chain
In a significant move, India and Saudi Arabia signed a Memorandum of Understanding (MoU) during MENA Climate Week in Riyadh. The agreement was signed between Shri RK Singh, Union Minister of Power and New and Renewable Energy, Government of India, and Abdulaziz Bin Salman Al Saud, Minister of Energy, Kingdom of Saudi Arabia. This applies to fields such as the electrical field. Interconnections, green/clean hydrogen, supply chains. The main objectives of this MoU are to promote cooperation in electrical interconnection, facilitate power exchange during peak and emergency periods, jointly develop projects, work on joint production of green/clean hydrogen and renewable energy, and secure and to establish strong energy. supply chains for materials used in these sectors;
Jordan launches 24MW solar power project
Jordan’s Minister of Water and Irrigation, Raed Abu Saud, announced the start of commercial operation of a 24 MW solar power project in Disi district. The initiative is the first of its kind in the water sector and is part of a large-scale 33 MW solar power project aimed at reducing electricity costs by 70% at Zei Water Treatment Plant and 30% at Wadi Al Arab Water Treatment Plant. It is. . The project is expected to generate 79GWh of energy in the first year thanks to advanced solar power technologies such as bifacial solar panels and a single-axis tracker system. The European Union is providing a €30 million grant to fund the project, which will increase Jordan’s renewable energy contribution by 2.5% while supporting water services.
UNDP launches tender for solar power project in Yemen
The United Nations Development Program (UNDP) has launched a series of competitive tenders for the procurement, establishment and activation of four different categories of solar power projects in Yemen. Power producers have until October 30 to submit proposals.
These projects fall into four categories.
Category 1: Standalone solar power systems with a minimum module requirement of 540 W and capacities from 0.5 KW to 45 KW.
Category 2: Comprehensive solar street lighting initiatives that include lanterns and torches.
Category 3: Solar powered pumping systems.
Category 4: Ground-based solar power systems with an installed capacity of 20 KW to 300 KW.
The “all-in-two” solar street lighting system (Lot 2) includes monocrystalline or polycrystalline PV modules mounted at the top of the light pole, plus “LED luminaires (LED, MPPT, batteries of specified capacity). )”contained. . It also requires “modular mounting structures and brackets” to support continuous dusk-to-dawn operation, as specified in Lot 2’s bid documents.
Jordan’s Ministry of Energy advances energy efficiency and renewable energy initiatives
Jordan’s Ministry of Energy and Mineral Resources has been working on a series of projects aimed at improving energy efficiency and rationalizing energy consumption across different governorates and sectors. These initiatives are being implemented through the Renewable Energy and Energy Conservation Promotion Fund and the Directorate General of Electricity and Rural Electrification. Significant progress has been made since the launch of the Renewable Energy and Energy Efficiency Program in 2020 and by the end of 2022. In particular, 4,570 solar systems were installed in homes, with 750 systems installed in 2022. In addition, 1,625 residential solar heating systems were installed, with 520 systems deployed in 2022.