Erisha E Mobility secures $1 billion from UAE investor
Erisha E Mobility has secured $1 billion investment from a UAE-based investor to expand its operations in the UAE, Saudi Arabia, USA, Europe, and various African nations, in addition to strengthening its existing business in India.
TrinaTracker establishes 3 GW factory in Saudi Arabia
The facility will manufacture TrinaTracker’s Vanguard series of solar trackers and smart control systems. Commercial operation is set to begin during the first quarter of this year.
BYD to supply 12.5 GWh of battery storage in Saudi Arabia
Following a report in January, BYD has now officially secured the 12.5 GWh battery energy storage system (BESS) supply deal.
Larsen & Toubro one of preferred EPC partners for 5 GW/19 GWh solar-plus-storage project in Abu Dhabi
Larsen & Toubro has been selected by Masdar as one of the preferred engineering, procurement and construction (EPC) contractors for its 5 GW/19 GWh solar-plus-storage project in Abu Dhabi.
Floating solar could reach LCOE of $0.053/kWh in Saudi Arabia
Scientists in Saudi Arabia have assessed the techno-economical feasibility of floating PV plants at three different dams and have found that such projects could have a return on investment of 12 to 13 years.
CleanMax secures financing for onsite solar projects in UAE
CleanMax has secured AED 99 million ($27 million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the United Arab Emirates.
Saudi Arabia commissions its largest battery energy storage system
The 2 GWh battery energy storage system (BESS) features 122 prefabricated storage units, designed and supplied by China’s BYD.
MENA region hits 24 GW (AC) of total solar capacity
The Middle East Solar Industry Association’s (MESIA) latest report says solar capacity in the Middle East and North Africa (MENA) region grew by 25% in 2024, with local manufacturing and energy storage also accelerating.
Larsen & Toubro wins new substation orders in Middle East
Larsen & Toubro has secured orders to implement advanced distribution management system in West Bengal and substations in Kuwait, Saudi Arabia, and United Arab Emirates.
Saudi Arabia announces prequalified bidders for 2 GW/8 GWh battery storage tender
The Saudi Power Procurement Company has announced its list of 33 prequalified biders for its massive 2 GW/8 GWh BESS tender.
