Dubai

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Dubai solar bid ties record low at 2.4 cents/kWh

PV Magazine: The Dubai Water and Electricity Authority (DEWA) has announced that Phase IV of its 5 GW Mohammed bin Rashid Maktoum Solar Park, originally planned to deploy 700 MW of CSP capacity, will now also include a PV section of 250 MW. The power utility also said that the PPA it awarded to Saudi […]

November 6, 2018 Read More →

Dubai Ahead of Schedule on World’s Biggest Solar Park

Bloomberg News: Dubai’s government-owned utility completed a 200-megawatt power plant one month ahead of schedule as part of a plan to build the world’s largest solar energy park by 2030. The 1.2 billion dirham ($327 million) solar plant in the Dubai desert, led by developer ACWA Power International of Saudi Arabia, was scheduled to be […]

March 21, 2017 Read More →

IEEFA Update: Developing Countries Are Disproportionately Driving Global Growth in Renewables

Half of All $300 Billion in Activity Is in Emerging Markets

More than half of all renewable investment activity in the world last year occurred in developing countries. And 2015 was no small year for renewables, as new investment set a record US$286 billion and total transactions (including refinancings) exceeded $US380 billion. We’re published a memo this morning — “IEEFA Update: Emerging Markets Lead Global Investment […]

November 23, 2016 Read More →