TOTAL chosen to build solar plant near Abu Dhabi

10/06/2010 09:02 Renewable


A consortium among the group Masdar from the United Arab Emirates (60%), French Total (20%) and Spanish Abengoa (20%) was established to build the largest solar plant in the world, located south-west of Abu Dhabi.

The 100 MW envisaged solar plant, named Shams 1, will cover an area of 2.5 sq. km, allowing a reduction of 175.000 tons of dioxide carbon per year. It will use concentrating solar power technology, including 768 parabolic mirrors supplied by Abengoa. The project will need investments of around 500 million euro (600 million USD), starting in the third quarter this year and expected to be built during two years.

Daily (06.12.2019): German spot power down 26% on Thursday on strong wind output

06/12/2019 09:46:00

Crude oil prices evolved differently on Thursday, with WTI prices ending flat and Brent slightly up as traders awaited a decision on output from major oil producers. Brent crude rose by 39 cents, or 0.6%, to settle at $63.39 a barrel, after a hike of 3.6% in the previous session. WTI crude remained unchanged at $58.43 a barrel on the NYMEX, after surging by 4.2% the previous day. A committee of oil producers led by Saudi Arabia and Russia recommended on Thursday that the group increase their current oil production cuts by 500,000 barrels a day.


BP to supply Amazon with 170MW of renewable power

06/12/2019 09:40:00

Oil giant BP has signed a deal to supply Amazon Web Services (AWS) with renewable energy to power its data centres in Europe.


Italy's A2A to buy 1-GW solar project pipeline from Talesun

06/12/2019 09:35:00

The renewables subsidiary of Italian utility A2A SpA has struck a deal to buy a roughly 1,000-MW solar project development pipeline from the Talesun group.