DEWA complete financing for Dubai concentrated solar power park

ACWA Power and Dubai Electricity and Water Authority (DEWA) said on Sunday they had completed the financing of a 950 megawatt concentrated solar power project in Dubai. The companies did not disclose the size of the deal in Sunday’s statement but sources told Reuters in January the financing would [...]

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, [...]

Financing is key to China’s ambitious Concentrated Solar Power goals

Overcoming the reservations of the finance industry will be key to China achieving its ambitious goal of 5 GW of power generation from concentrated solar power by 2020, expert speakers said at CSP Seville 2017. Beijing set the target last year as part of its latest five-year plan. The 5 [...]

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