Acwa Power

The largest stake holder in the largest concentrated solar power plant in Africa called Ouarzazate NOOR

Morocco has a goal to achieve forty two percent of renewable energy target for 2020. And with the current power plants that are operating and some under development cum construction; Morocco is already heading towards the next target for 2030. One of the firms; active in the renewable energy drive [...]

Harnessing the Concentrated Solar Power (CSP)

Congratulations to the UAE and Dubai for a great leap forward to provide clean solar energy for development and save hydrocarbon resources for exports. Dubai in a couple of years will not only have the next tallest building in the world but also the world’s largest concentrated solar power [...]

UAE’s push on concentrated solar power should open eyes across world

The UAE is getting used to setting solar energy records. Dubai’s latest project, awarded last Saturday, follows this pattern. But, as a leap forward in a different type of solar power plant, it has important implications for renewable energy across the region. A joint venture of Saudi Arabia’s Acwa, already [...]

Solar energy to contribute 8% of UAE electric power by 2026

The UAE’s solar energy sector is witnessing steady growth and is expected to account for almost 8 percent of total power capacity by 2026, according to new research. On September 16, Dubai Electricity and Water Authority (DEWA) announced it had awarded the development of 700MW (megawatt) of concentrated solar power [...]

ACWA Power scales up tower-trough design to set record-low Concentrated Solar Power price

The giant 700 MW project in Dubai will combine tower and trough technologies and use scale and local infrastructure synergies to set a new benchmark price of $73/MWh for CSP with storage, Andrea Lovato, ACWA Power's Executive Director of Business Development, told New Energy Update. ACWA Power will use learnings [...]

700 MW concentrated solar power plant in Dubai hits a new record bid with $7.3 cents per KWh

Dubai Electricity and Water Authority (DEWA) awarded the 700MW parabolic trough concentrated solar power (CSP) fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park in a Saudi Arabia- China consortium with a record bid of $7.3 cents per KWh. The project is considered the largest concentrated solar [...]

ABB congratulates Dubai on world’s largest concentrated solar power (CSP) project

Dubai is making the right noises when it comes to Solar Power. The land of abundant sunshine is also located shoulder to shoulder with Abu Dhabi, the world’s second-largest producer of oil. However, the United Arab Emirates – the GCC country of which Dubai and Abu Dhabi are a [...]

Dubai to get Concentrated Solar Power Day and Night without subsidy at Lower Cost

ACWA Power awarded 700 MW CSP fourth phase of the Mohammed Bin Rashid Al Maktoum Solar Park  at a levelised tariff of US $7.30 cents per kilowatt hour; a cost level that competes with fossil fuel generated electricity without subsidy for reliable and dispatchable solar energy through the night. By [...]

DEWA Awards AED14.2 Billion Concentrated Solar Power Project With a Record Bid of USD 7.3 Cents Per kW/h to Generate 700MW

Dubai Electricity and Water Authority (DEWA) has achieved another world record by awarding the 700MW AED14.2 billion fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This is the largest single-site Concentrated Solar Power (CSP) project in the world, based on the Independent Power Producer (IPP) model. [...]

MENA/Chile: Concentrated Solar Power Benchmark Costs

A tender for 94.5 USD/MWhel in Dubai and an R&D initiative called SunShot in the United States have shown how the cost of concentrated solar power (CSP) could be lowered at a steady pace thanks to economies of scale and optimised manufacturing and operation. Though the solar power market [...]

Parameters affecting CSPoncentrated Solar Power and PV solar projects-ACWA Power

Head-quartered in Saudi Arabia, ACWA Power is a world leading power and water developer, and renewable energy has been a crucial part of its strategy. In solar power domain, ACWA is well-known for developing PV projects like Shuaa Energy 1 in UAE and Noor PV, and CSP projects including NOOR [...]

2017-06-13T13:44:55+00:00 13-06-2017|Categories: BREAKING NEWS, NEWS, Top News|Tags: , , , |

Record-Breaking Cost Reduction for Concentrated Solar Power Generation

The Dubai Electricity and Water Authority (DEWA) announced on 4 June the prices offered from four consortia for the 200-MW fourth phase of the Mohammed bin Rashid Al Maktoum solar park. The lowest bid for the Solar Thermal Electricity (STE) project came in at 9.45 US cents/kWh (approx. 8.4 [...]

ACWA Power Will Bid to Build Saudi Arabian Solar Energy Project

ACWA Power International will bid to build a solar energy project in Saudi Arabia, part of the kingdom’s $50 billion push to temper domestic oil use. Riyadh-based ACWA received a request for proposals last week from Saudi Arabia’s energy ministry to develop the 300-megawatt solar project in Sakaka, Rajit Nanda, [...]

2017-04-25T15:54:50+00:00 25-04-2017|Categories: BREAKING NEWS, NEWS, Sin categoría, Top News|Tags: , , , |