Saturday 19 April 2014
solar project

Investors line up for $9bn Morocco solar project

Morocco has recruited foreign investors to fund a $9 billion solar power project, even though some European lenders have balked due to the location of some planned plants in the disputed Western Sahara, its foreign minister said.


Qatar working on 1,800 MW solar project

Qatar is working on a project to develop 1,800 megawatts of solar power and aims to raise its share in electricity generation to 16 per cent by 2018, an official said on Saturday in a rare example of an Opec nation embracing renewable energy.


Morocco axes Orascom from solar project

Morocco has excluded a group led by Egypt-based Orascom Construction Industries from the bidding for the first phase of a major solar energy project, l'Economiste newspaper reported. The newspaper gave no reason for the exclusion and a


German funds plan $2bn Oman solar project

Private investment funds Terra Nex of Switzerland and Germany's Middle East Best Select (MEBS) plan to build 400 megawatts (MW) of solar power generating capacity in Oman, the European investors said. Terra Nex, a wealth management com


EZW backs Malawi solar project

UAE-based Economic Zones World (EZW), a global developer of economic zones and industrial parks under Dubai World Group, and its subsidiary Gazeley raised $30,000 for a solar energy project in Malawi. The funds raised were used to help lau


DP World launches solar project in India

Global marine terminal operator DP World has inaugurated a pilot solar power system at its busiest Indian facility, Nhava Sheva, which will allow the Mumbai terminal to harness solar energy for its energy requirements. With the aim of redu


Bahrain to expand solar project

Bahrain National Oil and Gas Authority (Noga) said it has initiated a pilot solar project in co-operation with a US company Petrosolar that will implemented across the kingdom in different phases. The project, which aims to run every house

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