CEBC and Mena News

Moroccan solar plant to bring energy to a million people

A giant plant using energy from the Sun to power a Moroccan city at night will open next month. The solar thermal plant at Ouarzazate will harness the Sun’s warmth to melt salt, which will hold its heat to power a steam turbine in the evening. The first phase will generate for three hours after…

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Turkey announces new renewable energy subsidies as targets raised

Turkey has announced a series of new subsidies to support renewable energy equipment production, as it raises its renewable energy targets. Renewable energy turbine and generator manufacturing, as well as wind energy production, will be considered “priority investment area” by the Turkish government in order to provide state subsidies, the government stated in the Official…

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Dewa picks leading contenders for Dubai solar park project

Dewa has whittled down the list of companies to build the third phase of Mohammed bin Rashid Al Maktoum solar park. Only 18 companies remain in the fray for the prequalification round from the 95 that were interested in bidding for the 800 megawatts, sources said. “They want to make sure that whomever enters, that…

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Dubai Ruler wants solar panels on every roof by 2030

Dubai will invest billions of dollars in clean energy as part of a strategy that could see solar panels on the roofs of all buildings in the city by 2030. Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, yesterday launched the Dubai Clean Energy Strategy 2050, which aims to make the emirate a…

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Policy and finance for renewables gain focus

Influential policy figures and business leaders from across the Middle East and North Africa (MENA) will gather to address and accelerate the region’s renewable energy deployment in Dubai next week. The fourth MENA Clean Energy Forum takes place on 8th December, at a time of renewed urgency for the regional clean energy industry. Renewable energy…

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The Changing Dynamics of the Oil Market

Dr. Nasser Saidi, Former Minister of Economy & Trade of Lebanon, a speaker at the marcus evans Middle East Investors Summit 2015, discusses the social, political and technological factors that are impacting the oil market. LONDON, Oct 17, 2015 – (ACN Newswire) - ”The oil market is no longer dominated by the demands and economies of the…

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Peak Shaving – A potential Energy Storage Application

One of the biggest challenges for power utilities in the GCC today is to keep up with the ever growing peak power demand resulting from a general demand growth and more specifically air conditioning loads during summer. It forces power utilities to invest in additional power generation capacity and related infrastructure to avoid power cuts…

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The benefits of grid connected storage

On Wednesday February 11, 2015 just after 23:30, Al Omaria 400kV substation experienced a trip which disconnected approximately 2,000MW – roughly 40% of its actual power generation  apacity at that moment - from the Kuwaiti grid. The Ministry of Electricity and Water (MEW) couldn’t save the grid despite maintaining a very high share of spinning reserve. The frequency dropped as low as 46 Hz and…

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Adenium Energy Capital and Enerwhere sign USD 10 Million investment agreement for fleet of Mobile Solar Power Systems

* Adenium is investing USD 10M in Enerwhere’s fleet of mobile solar power systems * Enerwhere will deploy these systems to provide temporary power to labor camps, construction sites and industrial sites around the Middle East on a rental or power purchase agreement (PPA) basis * Adding solar to diesel-powered mini-grids provides fuel and emissions…

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MENA: Adenium Energy Capital, Enerwhere sign $10 million investment deal for mobile solar systems

The two Dubai-based companies are teaming up to deploy Enerwhere’s fleet of mobile solar power systems, which can provide power to construction sites, industrial locations and worker accommodation facilities around the Middle East on a rental or PPA basis.   denium Energy Capital is investing $10 million in Enerwhere’s fleet of mobile solar-diesel hybrid systems….

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