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, [...]
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.
Qatar plans to generate 20 per cent of its energy from renewables over the next decade with the first phase of a 200 MW solar power project to be tendered in the first quarter of 2014.
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.
Total had a 20% stake in Shams, the largest concentrated solar power plant in the world, which is now operational in the UAE.
Qatar is considering setting up concentrated solar power plants, according to top officials at Qatar Petroleum (QP).
Frost & Sullivan forecast concentrated solar power (CSP) to grow at a CAGR of approximately 40 percent.
The concentrated solar power (CSP) sector is expected to finally spring to life – and begin its travel down the cost curve – as the oil and gas-rich Gulf nations deploy their massive sovereign wealth in solar technologie
A majority of the respondents cited Photovoltaic (PV) as the main solar technology for the region followed by concentrating solar power (CSP).
The QNFSP together with local partners will identify and define potential Concentrated Solar- Power (CSP) plant sites based on the solar resource assessment and the site ranking provided by DLR.
The Qatar Environment and Energy Research Institute (QEERI) has signed a deal with Spanish counterparts to develop joint solar power research projects.
Zimmermann also pointed out that though the progress is rapid and cost of renewable energy production has come down significantly, there is still a long way to go.