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.
JA Solar to invest in solar manufacturing hub in Oman
JA Solar has revealed plans to invest CNY 3.957 billion ($542 million) to build a factory in Oman with 6 GW of solar cell capacity and 3 GW of PV module capacity.
Israeli strikes destroy 150-200 MW of solar in Lebanon
Israel’s recent strikes have reportedly destroyed or damaged 400,000 to 500,000 solar panels, costing Lebanon an estimated 150 MW to 200 MW of installed solar capacity, according to Pierre El Khoury, former director and president of the Lebanese Center for Energy Conservation (LCEC).
SolarEdge unveils inverters for smaller solar projects
Israel-based inverter maker SolarEdge has unveiled its new TerraMax Inverter, which boasts 99% efficiency and enables 200% DC oversizing. It features an integrated night-time PID rectifier and is paired with the company’s H1300 Power Optimizers.
Gensol Engineering secures 23 MWp rooftop solar project in Dubai
Gensol Engineering has been awarded a contract for the design, construction, and long-term operation and maintenance of 23 MWp of rooftop solar PV systems for the engineering facilities of a leading aviation company in Dubai.
