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IRENA: Middle East Voncentrated Solar Power cost reductions require creative financing

Developers of large-scale renewable energy projects in the Gulf Cooperation Council (GCC) must use innovative financing structures to minimize costs amid a growing demand for funding, the International Renewable Energy Agency (IRENA) said in a report on the Middle East region, published January 15. The GCC members are Saudi Arabia, [...]

Sahara Forest Project Uses Sand, Concentrated Solar Power (CSP) to Produce Food and Water

Three key components—saltwater-cooled greenhouses, Concentrated Solar Power (CSP), and other technologies such as evaporative hedges—all aid in establishing vegetation in arid conditions.

Saudi Arabia, UAE, Qatar, Bahrain, Oman & Kuwait Targeting More Than 50 GW of Solar Capacity by 2032

GCC countries will drift from hydrocarbons to renewable energy in order to diversify energy mix as per findings by recent research study “GCC Renewable Energy Sector Opportunity Analysis” by KuicK Research.