UAE: A 200 MW facility launched at Maktoum Solar Park

07/05/2018 16:02 Solar

news

Electricite de France and Abu Dhabi-based renewables firm Masdar launched a 200-megawatt (MW) facility, which is the third and latest phase of the Mohammed bin Rashid Al Maktoum Solar Park, as stated by local media.

The park will contribute to achieve Dubai's target to produce 10 percent of its power from renewables by 2020.


The Solar Park, a Dubai Electricity and Water Authority project, is a huge solar project that is expected to generate 1,000 MW by 2020 and 5,000 MW by 2030.


The park is situated on a 77 square kilometer location in Seih Al-Dahal, around 50 kilometers south of Dubai.


In mid-2017, the Dubai Electricity and Water Authority offered the contract for construction of the fourth 700 MW stage of the solar park.


Renewables expansion has emerged in the U.A.E., which is a member of the Organization of Petroleum Exporting Countries. Moreover, Saudi Arabia, OPEC’s major producer, as well as Jordan are making steps towards renewables deployment.

Daily (23.02.2021): Oil prices settled at their highest levels since January 2020 amid a gradual recovery of U.S. crude output after winter storms

23/02/2021 09:51:00

Crude oil futures rallied on Monday to settle at their highest levels in more than a year amid expectations of a slow recovery in output after last week’s deep freeze in Texas which cut U.S. crude production by as much as 40%. The gains were also attributed to expectations that OPEC+ would continue to curb output. Hence, Brent crude soared by $2.33, or 3.7%, to settle at $65.24 a barrel. Meanwhile, U.S. WTI crude surged by $2.46, or 4.2%, to settle at $61.70 a barrel.

<READ MORE

EU's 2030 goal requires 400 GW of wind, solar and tough decisions

23/02/2021 08:50:00

Adding 162 GW of wind and 253 GW of solar capacity over 10 years, boosting electric vehicle (EV) sales and speeding up coal power plant retirements would result in a reduction of 53% in Europe’s emissions by 2030, but the bloc needs to do more to reach its 55% goal.

READ MORE

Northvolt to build ‘Europe’s largest’ battery factory

23/02/2021 08:46:00

Swedish lithium-ion manufacturer Northvolt has announced it will invest $200 million (£142m) in building what is claimed to be Europe’s largest battery facility.

READ MORE