The Shams Concentrated Solar Power planr in the Al Dhafra Region will enter a new decade after a series of successes, underscoring the UAE’s leadership in renewable environmentally-friendly energy, and coinciding with the Year of Sustainability and the preparations to host COP28 in November 2023. Ten years after its establishment, [...]
The Masdar project is one of the world's largest operational concentrated solar power plants. Sanad Powertech, a wholly owned subsidiary of Mubadala Investment Company (Mubadala) and the energy and industrial MRO service provider, has been awarded a contract for the MRO operations of the steam engine and power generator of [...]
The Shams 1 solar power plant, a joint venture between Masdar and France’s Total, is generating electricity to power 20,000 homes and playing a vital role in meeting the UAE’s energy demand, a top official said. “Shams is a very important project not only for shareholders but also for [...]
Shams Power Company, the developer, owner and operator of the UAE's first large-scale concentrated solar power project, Shams 1, is celebrating five years of uninterrupted electricity generation at the plant this month. Located in Al Dhafra, Abu Dhabi's western region, the 100 megawatt-capacity (MW) Shams 1 was the largest concentrated [...]
Today marks the third anniversary of the start of the Shams 1 Concentrated Solar Power (CSP) plant’s operations. Shams 1, which occupies 2.5 square kilometres and has a power generating capacity of 100 megawatts, is the first of its kind in the Middle East and North Africa region. Shams 1, [...]
The Shams 1 Concentrated Solar Power (CSP) plant employs several local residents and has developed many UAE nationals who now fill a range of management positions at the facility.
Abengoa Yield expects that this portfolio will generate incremental run rate cash available for distribution of approximately $14 million per year before debt service associated with dropdown financing.
With an installed generation capacity of 100 MW, the Shams 1 concentrated solar power (CSP) project is one of the largest solar power projects in the world.
The largest concentrated solar power project in the Middle East, Shams 1, has performed better than expected, the Shams Power Company has reported.
