Egypt's Renewable Energy Revolution: A Decade of Transformation from Megawatts to Gigawatts
Chairman, CEO, SOLARSOL EG
OVERCOMING CURRENCY DEVALUATION EGYPT'S SOLAR SECTOR JOURNEY TOWARD SUSTAINABILITY
INNOVATIONS IN EGYPT'S SOLAR INDUSTRY: ADVANCEMENTS IN TECHNOLOGY AND PROJECT DEVELOPMENT
LEVERAGING SOLAR ENERGY TO PROMOTE SUSTAINABLE DEVELOPMENT
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Sheenam Arora Mohan Gupta editorial@firstviewgroup.com
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Sadhana Shenvekar
Mohan Gupta publishing@firstviewgroup.com
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Smriti Charan Andrew Ferreira advertise@firstviewgroup.com
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In recent years, Egypt has been at the forefront of a solar revolution, embracing renewable energy sources, particularly solar energy, to pave the way for sustainable development The North African nation, with its abundant sunshine and a growing demand for electricity, has recognized the potential of solar power as a viable and eco-friendly solution to its energy needs By harnessing the power of the sun, Egypt is not only reducing its dependency on traditional fossil fuels but also making significant strides towards promoting economic growth, environmental conservation, and social development.
One of the key drivers of Egypt's solar revolution is the government's strong commitment to renewable energy Realizing the adverse effects of relying heavily on fossil fuels, Egypt has taken proactive measures to diversify its energy mix The country aims to generate 20% of its electricity from renewable sources by 2022, and solar energy has emerged as a vital component in achieving this ambitious goal
To attract private investment and boost the solar sector, the Egyptian government has implemented a series of policies and incentives It has introduced feed-in tariffs and power purchase agreements that guarantee attractive rates for solar energy producers, making it financially viable for both domestic and foreign investors to participate in the development of solar projects This, in turn, has resulted in a surge of interest from international companies eager to invest in Egypt's solar potential
One of the flagship solar projects in Egypt is the Benban Solar Park, located in the Aswan governorate This massive solar installation covers around 37 square kilometer and is set to become one of the largest solar parks globally once fully operational Housing more than 30 solar power plants, Benban has already made a significant impact on the country's energy landscape, contributing hundreds of megawatts of clean energy to the national grid and displacing thousands of tons of carbon dioxide emissions annually
Beyond reducing carbon emissions and mitigating climate change, Egypt's solar revolution has far-reaching economic benefits. The expansion of the solar industry has created numerous job
opportunities across the value chain, from manufacturing and construction to operation and maintenance of solar facilities This has helped stimulate economic growth and alleviate unemployment rates, especially in rural areas where many solar projects are located
Furthermore, the decentralization of energy production through solar installations has enhanced energy access in remote regions, where extending the traditional power grid would have been logistically challenging and economically unfeasible By providing electricity to previously underserved communities, solar energy has improved the quality of life and opened doors to educational and economic opportunities for thousands of people.
Egypt's commitment to sustainability and clean energy extends beyond its borders. The country is actively engaging in international collaborations and partnerships to promote solar energy adoption in other African nations. Through initiatives like the African Renewable Energy Initiative, Egypt is playing a pivotal role in supporting fellow African countries in their transition to renewable energy sources, fostering regional energy security and cooperation
However, challenges remain in scaling up Egypt's solar revolution The intermittent nature of solar power necessitates effective energy storage solutions to ensure a stable and reliable energy supply Research and investment in battery technologies and grid management systems are crucial to overcoming this hurdle and maximizing the potential of solar energy
In conclusion, Egypt's solar revolution is an inspiring example of how a nation can leverage its renewable resources to drive sustainable development By harnessing the power of the sun, Egypt has reduced its reliance on fossil fuels, promoted economic growth, generated employment, and extended energy access to remote communities As the country continues to innovate and invest in clean energy technologies, Egypt sets a powerful precedent for other nations to follow in the pursuit of a greener and more sustainable future
The Ministry of Energy, Trade, and Industry of Cyprus has unveiled its General Policy Framework for Energy Storage Systems, signalling a significant step towards harnessing renewable energy sources As part of this initiative, the ministry is also conducting a Public Consultation for the formulation and implementation of a Support Plan for energy storage facilities, coupled with Renewable Energy Sources projects (hybrid facilities) The Support Plan for Renewable Energy Sources projects, with the option of incorporating Energy Storage, is being presented for public consultation The budget for the plan will range from €10 million to €40 million, subject to available savings from the Just Transition Fund, revenues from the Pollutants Fund, and the RES and E E Fund
In a significant move towards transforming South Africa’s energy landscape, the National Energy Regulator of South Africa (NERSA) has made key decisions in its 262nd meeting The decisions encompass diverse aspects of the country’s energy sector and are aimed at fostering sustainability and meeting energy security needs such as National Transmission Company of South Africa (SOC) Ltd (NTC) Granted Transmission License, Ngonyama Solar (RF) (Pty) Ltd Granted Generation License, and Concurring with Ministerial Determinations for New Generation Capacity
JORDAN RENEWABLE ENERGY FUND COMPLETES RESIDENTIAL SOLAR PROGRAM’S SECOND PHASE
The Jordan Renewable Energy and Energy Efficiency Fund (JREEEF) recently completed the second phase of its 2022-2023 program, aimed at promoting the residential use of solar panels. Through a 30% subsidy, JREEEF partnered with local associations and banks to install solar water heating systems in 4,500 households and supported 1,500 households with solar panels in this phase The total cost of the project was JD10 million, with JD3.5 million provided by the fund to cover system costs JREEEF plans to continue the initiative with a new phase in 2023-2024, maintaining the same mechanisms and conditions, in collaboration with banks and local associations
In a bid to promote solar investment and combat unreliable power supply, the South African government has introduced the Energy Bounce Back Loan Guarantee Scheme (EBB). The scheme, announced in response to President Cyril Ramaphosa’s commitment, will offer loan guarantees for small and medium enterprises (SMEs) and households to invest in solar equipment The initiative aims to generate additional generation capacity, enhance resilience against power shortages, and facilitate the adoption of cleaner energy solutions Under the EBB scheme, the government will assume an initial loss of 20% through a government guarantee, administered by the South African Reserve Bank This will provide financial institutions with the confidence to offer loans for rooftop solar investments, including solar panels, batteries, inverters, and related installation costs
IRAN SMALL INDUSTRIES AND INDUSTRIAL PARKS ORGANIZATION APPROVES SOLAR PARK DEVELOPMENT
In a significant meeting of the Board of Directors of the Iran Small Industries and Industrial Parks Organization, the theme “Inflation Control and Production Growth” took centre stage During this meeting, the creation of a specialized industrial town in Kerman Province and a district industry in Semnan Province received approval from the General Assembly of the Provinces Industrial Towns Company. One notable project that got the green light is the establishment of the Sirjan solar energy specialized industrial town, making it the fourth approved town dedicated to solar energy development With an extensive area of 506 hectares in Sirjan City of Kerman province, this new industrial town aims to facilitate the establishment of small-scale power plants generating electricity from renewable sources.
SOUTH AFRICA EXTENDS DEADLINE FOR DRAFT RENEWABLE ENERGY MASTERPLAN COMMENTS
The Department of Mineral Resources and Energy (DMRE) has extended the deadline for submission of comments on the draft South African Renewable Energy Masterplan (SAREM) to 18th August 2023 Over the past 18 months, the DMRE, working with industry stakeholders, experts, labour, and other government departments, produced the SAREM which articulates a vision, objectives, and an action plan for South Africa to tap into opportunities linked to the booming market for renewable energy and battery storage technologies, both domestically and globally. SAREM aims to leverage the rising demand to unlock the industrial and inclusive development of associated renewable energy and battery storage value chains in South Africa.
Westbrooke Alternative Asset Management, a prominent South African alternative investment manager, has announced the successful completion of its R300 million inaugural tax-enhanced renewable energy alternatives investment strategy With the funds secured, Westbrooke Alternative Asset Management will now invest in collaboration with South African businesses engaged in the installation, operation, and ownership of small and medium-scale embedded generation solar photovoltaic (PV) projects nationwide. This marks a significant step towards promoting sustainable energy solutions in the country
AFRICAN RAINBOW CAPITAL ACQUIRES STAKE IN GOSOLR, ADVANCING SOLAR ENERGY IN SOUTH AFRICA
African Rainbow Capital (ARC), an investment holding company, has recently obtained a minority interest in GoSolr, a residential solar energy company operating in South Africa This strategic partnership with ARC will enable GoSolr to accelerate its operational goals and meet the growing demand for affordable and high-quality solar solutions
SCATEC IMPLEMENTS STRATEGIC PLAN, SELLS MOZAMBIQUE SOLAR POWER PLANT TO GLOBELEQ FOR USD 8 5 MILLION
Scatec ASA has entered into a deal with Globeleq to divest its 52 5% equity share in the 40 MW Mocuba solar power plant located in Mozambique The transaction amounts to ₹8 5 million (NOK 85 million) and aligns perfectly with Scatec’s strategic objectives Globeleq, an independent power producer with a robust presence in Sub-Saharan Africa, boasting over 2 1 GW of power production capacity either operational or under construction, is set to acquire Scatec’s 52 5% equity share in the Mocuba solar power plant.
ACME GROUP SECURES R40 BILLION LOAN FROM REC LIMITED FOR GREEN HYDROGEN PROJECT IN OMAN
Masdar celebrates a significant milestone with the completion of its inaugural green bond issuance for $750 million in 10-year senior unsecured Notes The issuance saw an overwhelming response from both regional and international investors, with the order book surpassing $4 2 billion, marking an oversubscription of 5 6 times The strong investor confidence in Masdar, which holds credit ratings of A2 (Moody’s) and A+ (Fitch), underscores its robust sustainability credentials Aligned with Masdar’s Green Finance Framework, the net proceeds from this green bond and future offerings will be dedicated exclusively to funding “dark green” renewable energy projects, particularly in developing economies and climate-vulnerable nations with significant investment needs
IRAQ AND TOTALENERGIES SIGN $27 BILLION ENERGY DEAL; TO BOOST RENEWABLE ENERGY AND OIL PRODUCTION
AMEA POWER SECURES $75 MILLION FUNDING ROUND LED BY SOFTBANK GROUP
AMEA Power has recently closed a significant equity funding round worth $75 million, led by SoftBank Group Corp. (SBG). This milestone marks an important step for AMEA Power, as it represents the company’s inaugural external equity funding endeavor after being privately financed by its founding shareholders, the AlNowais family, for several years SBG’s investment will enable AMEA Power and SBG to explore a collaborative partnership, aimed at maximizing the value creation of AMEA Power primarily in the AMEA region Softbank’s funding will be in the form of an all-equity round
ACWA POWER CONSORTIUM ADVANCES TOWARDS WORLD’S LARGEST SOLAR PROJECT WITH $2.2 BILLION FINANCING
ACWA Power-led consortium finalized financing for AlShuaibah 1 and Al-Shuaibah 2, amounting to a total investment of SR8 3 billion ($2 2 billion), using a combination of long-term debt and equity ACWA Power revealed that the total financing includes SR6 1 billion in senior debt, with an SR1 7 billion loan from the National Development Fund on behalf of the National Infrastructure Fund Additionally, an SR4 4 billion USdollar commercial facility from a consortium of local, regional, and international banks, including Bank Saudi Fransi, First Abu Dhabi Bank, and Mizuho Bank, was secured.
GERMAN DEVELOPMENT BANK SIGNS DEBT SWAP AGREEMENT WITH EGYPT TO FINANCE GREEN ENERGY TRANSITION
The German Development Bank (KfW) has signed a debt swap agreement with Egypt’s Ministries of International Cooperation and Electricity and Renewable Energy, as well as the Central Bank of Egypt The agreement, worth €54 million, relieves Egypt from paying this debt and allocates the funds to finance the country’s transition to green energy Germany has provided a financing package of over €250 million, which includes debt forgiveness, grants, and soft loans, to contribute to Egypt’s energy goals The current debt swap specifically aims to help Egypt achieve its target of generating 42% of electricity from renewable sources by 2030 by financing investments in the development of the transmission network
EAST AFRICAN POWER ACQUIRES 85% STAKE IN TWO SOLAR PROJECTS IN DEMOCRATIC REPUBLIC OF CONGO
East African Power (EAP), a Canadian renewable energy development and engineering company, is pleased to announce its acquisition of an 85% stake in two groundbreaking solar power projects in the Democratic Republic of Congo (DRC). The two solar photovoltaic projects, with an installed capacity of 133 MWp each, are strategically located in the Katanga and Lualaba Provinces of the DRC, in Kolwezi and Likasi, at the heart of the mining region for strategic minerals used in the manufacturing of electric vehicles and electronics
ABU DHABI FUND FOR DEVELOPMENT AND TANZANIA COLLABORATE FOR SUSTAINABLE ENERGY SOLUTIONS
The Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the Government of Tanzania worth AED 110 million (US$30 million) to enhance energy security in the country The project’s objective is to fully connect the Kagera administrative region with the national electricity grid, reducing dependency on energy imports from Uganda and providing sustainable and safe electricity sources to communities, economic areas, and service facilities
SAUDI ARABIA’S SFD SUPPORTS BELIZE’S SOLAR ENERGY PLANT PROJECT WITH $77 MILLION LOAN
The Saudi Fund for Development (SFD) Chief Executive Officer, H E Sultan AlMarshad, signed a new development loan agreement worth USD $77 million with the Prime Minister of Belize, Hon. John Briceño, to fund the “Construction of the Solar Energy Plant Project” in Belize, through SFD The loan will help build a solar power plant with a capacity of 60 megawatts, along with supplying and installing solar panels to help reduce emissions from the energy sector, equivalent to 60,000 tons of carbon dioxide per year
MASDAR SETS COURSE FOR USD 3 BILLION GREEN BOND OFFERING ON LONDON STOCK EXCHANGE
Masdar celebrated the successful completion of its inaugural green bond issuance The issuance involved the placement of senior unsecured Notes amounting to $750 million for a 10-year period on the London Stock Exchange On July 19, 2023, Masdar concluded a 10-year green bond offering valued at US$750 million on the London Stock Exchange (LSE).
ABSA BANK FACILITATES $24 MILLION GREEN LOAN TO PROPEL GHANA’S RENEWABLE ENERGY TRANSITION
Ghana’s ambitious drive to diversify its energy sources and adopt renewable alternatives has received a substantial boost through a groundbreaking $24 million corporate green loan facilitated by Absa Ghana This financing will support the establishment of a pioneering 100 MW solar facility for the Bui Power Authority, bolstering the country’s energy capabilities and advancing its commitment to sustainable progress
isr Fertilizers Production Company’s (MOPCO) board has given the green light for the formation of a new company in collaboration with the Egyptian Petrochemicals Holding Company (ECHEM) and Norway’s Scatec, aimed at producing green hydrogen Green hydrogen will be utilized in the production of green ammonia
EGYPT’S PRIME MINISTER REVIEWS PROGRESS IN GREEN HYDROGEN PRODUCTION PROJECTS
rime Minister Mostafa Madbouli recently presided over a meeting to monitor the progress of green hydrogen production projects in Egypt
OMAN’S GREEN HYDROGEN INDUSTRY GEARS UP WITH $30 BILLION COMMITMENTS
man is making significant strides in its green hydrogen industry, securing firm commitments of $30 billion for various projects. Hydrogen Oman (Hydrom), an independent entity and a subsidiary of Energy Development Oman (EDO), is taking charge of the massive common-use infrastructure required to support these multibilliondollar ventures The planning for this common-use infrastructure is underway, with an estimated timeline of 6-7 years until 2030, when most green hydrogen projects are expected to be commercially operational
JERA AND PUBLIC INVESTMENT FUND JOIN FORCES TO DRIVE GREEN HYDROGEN PROJECTS AND DERIVATIVES
ERA and the Public Investment Fund (PIF) have joined forces to drive the development of green hydrogen projects and derivatives, signing a significant Memorandum of Understanding (MOU) to foster cooperation between the two entities The MOU, officially signed by the Head of the LCF Value Chain Division at JERA, and the Deputy Governor and Head of MENA Investments at PIF marks the beginning of their collaboration in exploring the potential for Green Hydrogen and derivatives projects
JERA AND ADNOC SIGN AGREEMENT FOR CLEAN HYDROGEN AND AMMONIA FIELDS
ERA has concluded a Strategic Collaboration Agreement (SCA) with ADNOC, related to cooperation in the clean hydrogen and ammonia fields. The SCA, signed is a continuation of the good collaboration and relationship established between ADNOC and JERA and will reinforce the collaboration toward a value chain in clean hydrogen and ammonia fields, contributing to the expansion of business opportunities for both companies
OMAN EXPLORES COOPERATION WITH ITALY AND SWITZERLAND IN RENEWABLE ENERGY AND GREEN HYDROGEN SECTORS
E Mohsin bin Hamad Al-Hadrami, Under-secretary of the Ministry of Energy and Minerals, led an official delegation to Italy and Switzerland to foster collaboration, consolidate bilateral ties, promote investment, and exchange knowledge in the fields of renewable energy, hydrogen, and energy storage systems.
NGIE has entered into a significant memorandum of understanding (MoU) with the Public Investment Fund (PIF) in Saudi Arabia This strategic partnership aims to collaboratively develop green hydrogen projects and explore related derivatives By aligning with the objectives of the Saudi Vision 2030, this initiative seeks to enhance the energy transition and contribute to the sustainable goals of the country. ENGIE and PIF are committed to driving the adoption of clean energy solutions and fostering a greener future for Saudi Arabia
E M
asdar has joined forces with INPEX to explore the creation of an Abu Dhabi-based project dedicated to producing e-methane, a sustainable fuel source This innovative initiative involves utilizing green hydrogen and carbon dioxide in the production process The agreement was officially signed during the Japan-UAE Business Forum in Abu Dhabi, in the presence of HH Sheikh Hamed bin Zayed Al Nahyan, a Member of the Abu Dhabi Executive Council, and Japan’s Prime Minister, HE Fumio Kishida Masdar and INPEX have joined hands to conduct an indepth feasibility study encompassing the entire value chain for e-methane production. This comprehensive study will explore various aspects, including hydrogen production, CO2 procurement, and the process of e-methane production and transportation
NEOM GREEN HYDROGEN PROJECT IN SAUDI ARABIA ENTERS CONSTRUCTION PHASE
CWA Power has announced that the NEOM green hydrogen project in Saudi Arabia has officially commenced construction and is scheduled to be completed by the end of 2026 ACWA Power’s contribution of 1.125 billion Saudi riyals ($300 million) in the limited notice to proceed (LNTP) agreement will be converted into equity in the project According to the statement, all project agreements have been signed, and the partners have agreed to manage specific risks associated with the EPC contract.
UAE CABINET EMPOWERS DEVELOPMENT AND CLEAN ENERGY WITH NEW MINISTRY AND NATIONAL HYDROGEN STRATEGY
n a recent cabinet meeting chaired by His Highness
Sheikh Mohammed bin Rashid Al Maktoum, the UAE Cabinet approved significant measures to drive the country’s development and sustainability goals
Recognizing the importance of clean energy, the Cabinet also approved the National Hydrogen Strategy. The strategy positions the UAE as a leading producer and exporter of low-emission hydrogen over the next eight years through the establishment of supply chains, hydrogen oases, and a national research and development center.
JORDAN’S AQABA SPECIAL ECONOMIC ZONE EMBARKS ON GREEN AMMONIA AND SOLAR ENERGY ENDEAVOR
oland’s Hynfra and Jordan’s Fidelity Group have formed Jordan Green Ammonia L L C
The main goal is to build a green ammonia plant in Jordan’s Aqaba Special Economic Zone (ASEZ) Hynfra P S A is an integrator of technologies that enable energy transformation and full decarbonization It designs and develops facilities for the production and use of renewable hydrogen and ammonia, green energy, and renewable heat sources
JORDAN’S AQABA SPECIAL ECONOMIC ZONE EMBARKS ON GREEN AMMONIA AND SOLAR ENERGY ENDEAVOR
el Aviv University researchers have achieved a groundbreaking advancement in the production of “green” hydrogen, a highly efficient and cost-effective process that generates hydrogen without causing air pollution. This achievement is notable due to its potential for revolutionizing hydrogen production, a crucial raw material in various sectors
SOUTHERN AFRICA LAUNCHES GROUNDBREAKING GREEN HYDROGEN ATLAS TO DRIVE SUSTAINABLE ENERGY TRANSITION
Dr Jane Olwoch, Executive Director of the Southern African Science Service Centre for Climate Change and Adaptive Land Management (SASSCAL), and Dr. Solomon Agbo, Coordinator of H2Atlas Africa at Forschungszentrum Jülich GmbH, Germany, joined forces with the Regional Technical Committee and National Teams to unveil the groundbreaking Green Hydrogen Atlas Southern Africa This comprehensive atlas, accessible through the H2Atlas interactive map, offers evidence-based information on various resources crucial for green hydrogen production, including water resources, land availability, renewable energy sources, and cost indicators. The atlas aims to assist policymakers, investors, researchers, and potential funders in assessing the potential for green hydrogen development in the Southern African region
SCZONE AND RENEW POWER COLLABORATE TO ESTABLISH GREEN HYDROGEN PLANT IN SOKHNA INDUSTRIAL ZONE
The outcome of these discussions was the signing of a framework agreement between ReNew Power and SCZONE to establish a green hydrogen production plant in the Sokhna industrial zone. The plant is projected to have an initial capacity of 20,000 tons per year, with the potential for expansion up to 220,000 tons annually The estimated investment for this ambitious project is approximately $8 billion. The green hydrogen production plant will be implemented in phases, with the first phase focusing on an experimental stage aimed at producing 20,000 tons of green hydrogen per year.
EGYPT ACCELERATES GREEN HYDROGEN INITIATIVES TO ACHIEVE SUSTAINABILITY GOALS
Egypt’s Prime Minister, Mostafa Madbouly, presided over the fourth-round table on the green hydrogen industry in Egypt, attended by key ministers and representatives from local and global renewable energy companies
GHD AND FRAUNHOFER PARTNER WITH UAE’S MINISTRY OF ENERGY FOR NATIONAL HYDROGEN STRATEGY
The UAE has successfully launched a National Hydrogen Strategy in collaboration with GHD and Fraunhofer Cluster of Excellence Integrated Energy Systems CINES This initiative supports the UAE's goal to be a major global low-carbon hydrogen producer by 2031, using its natural gas reserves, solar energy potential, and strategic location. The strategy is based on a thorough analysis of opportunities and challenges for establishing a hydrogen-based economy, positioning the UAE as a leader in low-carbon hydrogen production
GHD AND FRAUNHOFER PARTNER WITH UAE’S MINISTRY OF ENERGY FOR NATIONAL HYDROGEN STRATEGY
India and Saudi Arabia have started preliminary discussions to collaborate on green hydrogen initiatives, as reported by a prominent Indian publication. These discussions encompass the exploration of investment prospects, the exchange of technological knowledge, and cooperative efforts in research and development
According to Mahmoud Kamani, Deputy Minister of Energy and head of Iran’s Renewable Energy and Energy Efficiency Organisation (SATBA), Iran is set to construct a new 1,000-MW solar array in Qazvin. This initiative marks the beginning of a series of “Solar Parks” in the country and is expected to double the renewable energy output once fully operational Kamani emphasized that solar energy and electric vehicles (EVs) are witnessing a surge in investments globally, and Iran aims to be part of the “green transition ” Additionally, plans for constructing solar power plants up to 3 MW in other cities were unveiled, with electricity generated to be sold to SATBA, offered on the green industrial electricity exchange board, or used for cryptocurrency mining raq has announced plans to grant a contract for the development of a new solar power plant with a capacity of 700 MW, according to the country’s Electricity Minister. While Fadel did not disclose the name of the company that will be awarded the project, he mentioned that this initiative follows a previous contract given to PowerChina, a state-owned company, for the construction of a 750 MW solar power station in the Southern Al-Muthanna Governorate.
IMPALA PLATINUM PLANS 100 MW-PLUS SOLAR ENERGY PLANT FOR NORTH WEST, SOUTH AFRICA
IRAQ’S ELECTRICITY MINISTRY PLANS TO AWARD CONTRACT FOR 700 MW SOLAR POWER PLANT
Impala Platinum has announced its plans to build a solar energy plant with a capacity of over 100 MW at its platinum group metals operations in the North West province The company, a subsidiary of the Johannesburg Stock Exchange-listed Implants, has invited experienced engineering, procurement, and construction firms to participate in a request-forinformation process for the construction and operation of the solar plant at its Rustenburg operations
IMASEN LAUNCHES TENDER FOR NOOR MIDELT III SOLAR POWER PROJECT IN MOROCCO
As part of the nation’s push for renewable energy development, Masen, the Moroccan Agency for Sustainable Energy, has taken crucial steps to expedite the ambitious Noor Midelt III Project. Building upon the earlier announcement of pre-qualified firms for the second phase of the Noor Midelt program (Noor Midelt II) in July 2023, Masen has now initiated the prequalification process for selecting a private partner. This partner will undertake the responsibilities of financing, construction, and operation for the groundbreaking Noor Midelt III Project Noor Midelt III is anticipated to boast a photovoltaic solar capacity of approximately 400 MW, complemented by a Battery Energy Storage System (BESS) with a storage capacity of around 400 MWh
NAMPOWER INVITES BIDS FOR 70 MW SOLAR PHOTOVOLTAIC PROJECT IN NAMIBIA
Namibia’s state-owned electricity utility, NamPower, has issued a tender inviting bids for the Engineering, Procurement, and Construction (EPC) of the Rosh Pinah 70 MW solar photovoltaic power project. The tender response deadline is July 31st Namibia’s state-owned electricity utility, NamPower, has issued a tender inviting bids for the Engineering, Procurement, and Construction (EPC) of the Rosh Pinah 70 MW solar photovoltaic power project The tender response deadline is July 31st
SOUTH AFRICAN HOMES AND BUSINESSES INSTALL 4,400 MW ROOFTOP SOLAR PV, DOUBLING ESKOM’S CAPACITY
According to data from Eskom and Professor Anton Eberhard, South African households and businesses have installed an estimated 4,400MW of rooftop solar PV, which is twice the solar capacity procured through Eskom’s four bid windows
BIOPOWER AND POWGEX ENERGY SECURE ORDER FOR 30 GW SOLAR POWER PROJECT IN SOUTH AFRICA
BioPower Operations Corporation, operating as HYFI Corp., has announced a significant milestone for its joint venture with POWGEX ENERGY SOUTH AFRICA, POWGEX-HYFI The joint venture has secured its first order for green electricity generating facilities, with a potential capacity of up to 30 GW of solar power The initial phase will involve the construction, ownership, and operation of a 1 GW facility in the populous Municipalities of Mpumalanga, South Africa, with the possibility of expanding to 30 GW
SOLARAFRICA ENERGY AND STARSIGHT ENERGY MERGE TO CREATE A 520 MW CLEAN ENERGY POWERHOUSE IN AFRICA
SolarAfrica Energy and Starsight Energy have completed their business merger, establishing the leading panAfrican clean energy platform. Helios Investment Partners and African Infrastructure Investment Managers have provided their support for the merger, recognizing the potential for sustainable innovation in the African energy market The group boasts an impressive installed and contracted portfolio of 520 MW in solar power generation, 60 MWh of battery storage, and an additional energy pipeline exceeding 2 GW, leading to a carbon offset of over 360,000 tonnes of CO2 to date
SOUTH AFRICAN SOLAR POWER PLANT RECEIVES FINANCIAL GUARANTEES FOR SUSTAINABLE ENERGY GROWTH
Asolar power plant located in South Africa’s Northern Cape has secured financial guarantees from a World Bank Group investment agency The MBP solar power plant, with a capacity of 75 MW and situated near Prieska, is part of the government’s Renewable Energy Independent Power Producer Programme (REIPPP) Round 3 It has been operational since 2016
YEMEN’S AL-RAZI HOSPITAL INSTALLS SOLAR ENERGY SYSTEM
The installation of a solar energy system for Al-Razi General Hospital Authority in Yemen’s Abyan governorate has been completed by the executing company The solar energy system comprises 230 solar panels connected to two electric generators With this setup, the hospital will have access to electrical energy around the clock
CW ENERGY COMPLETES 4645 56 KWP SOLAR ROOFTOP PLANT AT TEKIRDAĞ, TURKEY
CW Energy, a leading advocate of renewable energy, is making strides in creating a sustainable future by equipping factory rooftops with solar power plants. The latest success comes in the form of a remarkable installation on the rooftop of a factory operating in Tekirdağ, where a solar power plant boasting an impressive power capacity of 4,645.56 kWp has been completed.
BALEXCO PARTNERS WITH KANOO CLEANMAX FOR SOLAR ENERGY SYSTEM INSTALLATION IN BAHRAIN
Bahrain Aluminum Extrusions Company (Balexco) has partnered with Kanoo Cleanmax Renewable Energy Company to implement a solar energy system. The project is expected to have a capacity of 2 177 MW, enabling the company to supply 30% of its electricity needs from renewable sources
AL-BILAL GROUP SECURES GREEN LIGHT FOR 525 MW SOLAR PROJECTS IN IRAQ
The Iraqi cabinet has given the green light to a power purchase agreement (PPA) with Al-Bilal Group for two major solar PV projects. The projects, located in Karbala and Iskandariya, have a combined capacity of 525 MW Under the PPA, the power purchase tariff has been reduced from $0 055/kWh to $0 045/kWh, a move expected to bolster the financial viability of the initiatives
EDF’S 40 MW SOLAR PROJECT GOES LIVE IN ISRAEL
Israel has commenced operations of its fourth solar energy farm located in the Negev Desert at Ashalim, offering electricity at a remarkably low price in the market Ashalim Solar Park Ltd., led by EDF Renewables’ Israeli branch, secured the government tender for constructing and operating the 40 MW photovoltaic solar power plant The facility has now obtained a permanent production license to begin commercial operation.
ACWA POWER, EDF RENEWABLES, MARUBENI, AND JINKO POWER-JERA CONSORTIUM LEAD THE PACK IN BIDDING FOR EWEC’S 1,500 MW AL AJBAN SOLAR PV PROJECT
EWEC (Emirates Water and Electricity Company), a leading company in the integrated coordination of planning, purchasing, and supply of water and electricity across the UAE, announced the receipt of four proposals from ACWA Power, EDF Renewables, Marubeni Corporation, and a consortium consisting of Jinko Power and JERA, for the development of the new 1,500 MW, Al Ajban Solar Photovoltaic (PV) Independent Power Project
IRAQ’S ELECTRICITY MINISTRY PLANS TO AWARD CONTRACT FOR 700 MW SOLAR POWER PLANT
raq, an oil-producing country and member of OPEC, has announced plans to grant a contract for the development of a new solar power plant with a capacity of 700 MW, according to the country’s Electricity Minister Ziyad Fadel revealed that the cabinet is expected to approve the project next Tuesday and authorize the Electricity Ministry to proceed with awarding the contract
MEYDAN GROUP AND SIRAJPOWER PARTNER TO INSTALL 1.2 MWP SOLAR ROOFTOP SYSTEM AT THE MEYDAN HOTEL
he Meydan Group, a prominent UAE conglomerate, and SirajPower, the leading distributed solar energy provider in the region, have formed a strategic partnership to install a state-of-the-art 1.2 MWp solar rooftop system at The Meydan Hotel in Nad Al Sheba, Dubai
LONGI’S 65 MW ETI-4 SOLAR PROJECT IN TURKEY DRIVES RENEWABLE ENERGY REVOLUTION
urkey is making remarkable progress towards a greener and more sustainable future with the successful completion of the 65 MW Eti-4 Solar Power Plant, powered by LONGi Developed by Cengiz Enerji San ve Tic A Ş , the Eti-4 Solar Power Plant represents a significant milestone in Turkey’s renewable energy sector Divided into two sections, namely the East and West sides, the plant boasts an impressive capacity of 50 MW and 13 99 MW, respectively
LONGI’S 65 MW ETI-4 SOLAR PROJECT IN TURKEY DRIVES RENEWABLE ENERGY REVOLUTION
urkey is making remarkable progress towards a greener and more sustainable future with the successful completion of the 65 MW Eti-4 Solar Power Plant, powered by LONGi Developed by Cengiz Enerji San ve Tic A Ş , the Eti-4 Solar Power Plant represents a significant milestone in Turkey’s renewable energy sector Divided into two sections, namely the East and West sides, the plant boasts an impressive capacity of 50 MW and 13 99 MW, respectively
IRAN’S RURAL DISTRICTS TO BENEFIT FROM LARGE-SCALE SOLAR POWER STATION PROJECT
onstruction is currently underway for 690 rooftop photovoltaic power stations in rural districts of Isfahan Province in Iran. The objective is to connect these stations to the national power grid within the next 10 months The project, led by the Renewable Energy and Energy Efficiency Organization (Satba), aims to contribute nearly 3 MW of green energy capacity to Iran’s existing 1 GW
CYPRUS’S NICOSIA GENERAL HOSPITAL TO INSTALL SOLAR PHOTOVOLTAIC SYSTEM
KYpY has awarded a contract to Trikkis Energy Ltd for the creation of the Photovoltaic Park, which will be situated in the parking area west of the Nicosia General Hospital. With a capacity of 1 3 MWp and a total cost of €1 8 million + VAT, the park will harness solar energy to contribute to the protection of the environment
MASDAR SELECTED AS PREFERRED BIDDER FOR 1,800 MW PHASE VI OF DUBAI’S SOLAR PARK
Masdar is the Preferred Bidder to build and operate the 1,800 MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park for using PV solar panels based on the Independent Power Producer (IPP) model, costing up to AED 5 51 billion Masdar is the Preferred Bidder based on the Independent Power Producer (IPP) model, costing up to AED 5 51 billion
IRAN INAUGURATES 10 MW SOLAR POWER PLANT IN SEMNAN PROVINCE
Iran launched a new solar power plant in Semnan Province on August 11, 2023 The plant, which is located in the city of Damghan, has a capacity of 10 MW and is expected to generate enough electricity to power around 10,000 homes
JORDAN’S AL-BALQA UNIVERSITY LAUNCHES 7 MW SOLAR ENERGY PROJECT
Al-Balqa Applied Governmental University has officially commenced operations of Jordan’s most extensive solar energy initiative within its academic institutions, boasting an impressive capacity of 7 MW The inauguration ceremony, led by University President Dr. Ahmed Fakhry AlAjlouni, took place at the Princess Tasneem Bint Ghazi Technological Research Station situated in Hamrat Al-Sahn Dr Al-Ajlouni revealed that the university has received the green light from the electricity company to initiate the system’s functionality, which was established in February 2022
VEDANTA ZINC INTERNATIONAL SIGNS AN AGREEMENT WITH ENERNET FOR A 12 MW SOLAR PV PLANT IN SOUTH AFRICA
Accordingly, Vedanta Zinc International (VZI), a subsidiary of Vedanta, is fully focused on robust community programs to serve 100% of its host communities while creating the best workplace for its employees and advancing its ambition of a green zinc solution to enable the company to become waterpositive and carbon-neutral. Driven by its mission to Transform the Planet, VZI has commenced with phase 1 of its Renewable Energy Programme, signing a Power Purchase Agreement with Independent Power Producer Enernet Global (Enernet), to build, own, operate, and maintain a 12MW DC Solar Photovoltaic plant for its Black Mountain Mining operations in the Northern Cape, South Africa
SOLAR TECH PLANS 314 MW CAPACITY OF NEW SOLAR PROJECTS IN ISRAEL
S P YolarAfrica Energy and Starsight Energy have completed their business merger, establishing the leading panAfrican clean energy platform. Helios Investment Partners and African Infrastructure Investment Managers have provided their support for the merger, recognizing the potential for sustainable innovation in the African energy market The group boasts an impressive installed and contracted portfolio of 520 MW in solar power generation, 60 MWh of battery storage, and an additional energy pipeline exceeding 2 GW, leading to a carbon offset of over 360,000 tonnes of CO2 to date
PVH SECURES 805 MW SUPPLY CONTRACT WITH L&T FOR AR RASS PROJECT IN SAUDI ARABIA
VH, a renowned global solar tracker manufacturer and supplier has executed a supply contract with Larsen & Toubro (L&T), about the supply of 805 MW for a solar project situated in Ar Rass, a city located within Saudi Arabia’s Qassim province
BAHRAIN ADVANCES CLIMATE GOALS WITH 72MW SOLAR POWER PLANT PROJECT
asser bin Ibrahim Humaidain, the Minister of Electricity and Water Affairs, has confirmed that the agreements for the implementation of the 72-MW solar power plant project align with the government’s commitment, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to support initiatives addressing climate change challenges.
SOUTH AFRICA’S HARMONY GOLD COMPLETES COMMISSIONING OF 30MW SOLAR PHOTOVOLTAIC PLANT
Harmony Gold Mining Company Limited announced the successful commissioning of its 30 MW solar PV plants located in the Free State region This significant milestone underscores the company’s commitment to sustainable practices and environmentally responsible operations The operational solar plants are already supplying green energy to Harmony’s mining shafts, marking a pivotal step toward reducing the carbon footprint of its operations The plants are expected to generate an impressive 70-GWh of renewable energy annually, contributing to Harmony’s ongoing efforts to embrace clean energy sources.
TOYOTA TSUSHO TO CONSTRUCT 25 MW SOLAR POWER PLANT IN BENIN, WEST AFRICA
Toyota Tsusho Corporation has announced a significant milestone in the realm of renewable energy The company has signed a contract with the Beninese Electricity Production Company, operating under the Ministry of Energy and Water, for the establishment of a 25 MW solar power plant This groundbreaking project is set to be located in the Pobè region of Benin, making it the first large-scale renewable energy power plant construction venture in West Africa by a Japanese entity
EGYPT’S AL-HAMRA PORT WELCOMES NEW SOLAR POWER PLANT INAUGURATION
Egypt’s Minister of Petroleum and Mineral Resources, Engineer Tariq Al-Mulla, officially launched several projects aimed at development, modernization, and enhancing efficiency within Al-Hamra port, including a significant solar power plant endeavor
AECI INITIATES SOLAR PROJECT AT CHEM PARK TO BOLSTER SUSTAINABILITY GOALS OF SOUTH AFRICA
JSE-listed chemical conglomerate AECI has successfully implemented a 1 MW solar project at Chem Park, its AECI Chemicals production site in Johannesburg. This venture at Chem Park is the initial phase of a four-stage solar initiative sanctioned by the AECI executive committee in 2021.
COP27th in last November was a big success for Egypt and a commitment at the same time, celebrating installed 6000 MWs of renewable energy There's 2000 under construction and another 2000 under development, which will significantly decrease CO2 emissions
Financing and the supply chain, due to the lack of hard currency 'USD' to import renewable energy equipment and components, are not manufactured or exist in the Egyptian market Foreign investors in this sector will be helping to overcome hard currency issues
Almost upside down! from few megawatts to over 6000 megawatts!!!! A huge transformation and especially in the last three years from over 2000 megawatts to 6000 megawatts
QWhat are the key achievements and milestones of the renewable and solar energy sector in Egypt over the past decade?
Almost upside down! from few megawatts to over 6000 megawatts!!!! A huge transformation and especially in the last three years from over 2000 megawatts to 6000 megawatts
QHow does Egypt's renewable energy mix look today, and what percentage of it is contributed by solar energy?
It s wide ranged beween the largest percentage of "hydro" then "Wind" then "PV" then all the others of CSP, Bio, and Geothermal PV only contributes over 20% of the renewable energy portfolio.
QWhat are the main government policies and incentives in place to promote renewable energy development, particularly in the solar sector?
Nothing more than any other country They alow connecting to the grid with no restrictions as long as the infrastructure can absorbe and handle all projects.
QHow has the renewable and solar energy sector contributed to the country's efforts to reduce carbon emissions and combat climate change?
COP27th in last November was a big success to Egypt and commitment at the same time. celebrating instaqlled 6000 MWs of renewable energy and there s 2000 under construction and another 2000 under development will be significantly decreasing CO2 emissions
QWhat are the major challenges faced by the solar energy sector in Egypt, and how is the industry addressing them?
Financing and the supply chain since the lack of hard currency "USD" to import renewable energy equipments and components are not manufactured or exists in the Egyptian market. Foriegn investors in this sector will be helping out to overcome hard currencies issues.
Q Q
How does Egypt ensure the integration and stability of renewable as well as solar energy into the national grid, considering fluctuations in solar power generation?
Now RE represents less than 20% of the national grid and after completion of the under construction projects and underdevelopment projects will be close to 30% Each utility grid company put their capacities based on their infrastructure sizes and when reach the maximum they will not allow net metering but keep only self consumption projects
What role does foreign investment play in driving the growth of the renewable and solar energy sector in Egypt?
Forien investments in this sector represents almost 50% of the total investments in this industr
Our Hi-MO 6 product perfectly fits the need of commercial and industrial (C&I) sectors
From 2022 to the first half of 2023, LONGi has already achieved a total shipment of 2 6GW to Middle East
A pivotal factor in LONGi's success story is the launch of its cutting-edge Hi-MO 6 module product, featuring the innovative HPBC technology. This breakthrough has not only set new performance standards but has also expanded LONGi's distributed product matrix, opening doors to a wider range of application scenarios. By providing enhanced value and diversified choices, LONGi has empowered households and industrial and commercial enterprises across the Middle East.
QCan you provide an overview of LONGi's Hi-MO 6 technology and how it stands out in terms of efficiency and performance in solar modules?
The LONGi Hi-MO 6 Series represents a pioneering advancement in photovoltaic modules designed exclusively for the commercial and industrial (C&I) sectors
The Hi-MO 6 module has been engineered to address the main challenges that face our C&I customers when it comes to limited rooftop space, aesthetic considerations, electrical safety, and smart functionality.
The launch of Hi-MO 6 is the inevitable result of market demand and technological innovation At the heart of tHis innovation is the Hybrid Passivated Back Contact Cell (HPBC) technology a next-gen, High-efficiency solar cell that’s unique in its front-side busbar-free design
The Hi-MO 6 modules have undergone comprehensive enhancements spanning appearance, performance, reliability, and the incorporation of intelligent optimization capabilities. To cater to the diverse functions and application scenarios, the product line has been divided into four distinct series: Explorer, Scientist, Guardian, and Artist
QWhat specific features of the HiMO 6 technology make it suitable for the unique climate and conditions of the Lebanon and Jordan markets?
Jordan and Lebanon both share fairly similar weather patterns – hot summers and more cloudy days in winter Recognizing the distinctive climatic patterns prevalent in the Middle East, LONGi's forefront R&D center has strategically engineered modules to exhibit strong resilience against the adverse effects of High temperatures on PV energy generation.
We're excited to highlight that our latest HPBC cell technology has achieved one of the industry's lowest temperature coefficients, signifying our commitment to deliver exceptional performance in the region
The Hi-MO 6 series boasts two additional distinguishing features The first is its Enhanced Low Irradiation Performance The innovative HPBC cell demonstrates an impressive energy yield increase of +2.01% under low irradiation conditions(cloudy days). The second feature, Extended Energy Generation Time, leverages a Higher module voltage to accelerate reaching the inverter’s working voltage earlier in the morning and later in the evening, effectively extending the operational window of the installed PV system Collectively, these features represent a substantial increase in energy yield and position the Hi-MO 6 module as the optimal choice for installations in the region.
QGiven the importance of energy efficiency in these regions, how does Hi-MO 6 contribute to maximizing energy yield and optimizing system performance?
It's a common misconception among customers to solely assess a module's performance based on rated power output However, the genuine indicator of module performance lies in its efficiency – the amount of power generated per square meter of installed area From the industrial
standpoint, the pursuit of module efficiency is the first principle The introduction of HPBC cell technology brings about enhancements in light absorption and photoelectric conversion capabilities which translate in the apparent cell’s efficiency The efficiency of LONGi's HPBC cells surpasses 25 0% While the PRO version HPBC cells employed in the Hi-Mo 6 Scientist model achieve an efficiency exceeding 25 3%
In the Middle East's demanding climate, Hi-MO 6's innovative features, including low-temperature coefficients and enhanced low irradiation performance, ensure exceptional energy yield even on cloudy days
QHow does LONGi ensure a consistent and reliable supply of Hi-MO 6 modules to meet the demands of the growing solar markets in the Middle East region?
The Middle East is seeing rising demand in industrial, commercial, and residential sectors, each with unique application challenges that require innovative products and solutions The Hi-MO 6 is part of a comprehensive solar portfolio addressing this demand We've achieved mass production, targeting 25+GW of Hi-MO 6 production by year-end Our overall shipments exceeded 46GW in 2022, maintaining the No 1 module shipments rank for a third consecutive year. The company currently operates 30 manufacturing facilities, we are projecting 130GW production capacity by late 2022, reflecting dedication to growth, innovation, and a difference in the energy landscape
In the journey towards net zero, Energy Storage Solutions are the linchpin of our energy system, addressing the industry's shift towards holistic energy solutions amid climate change and rising renewable energy adoption
Jinko Solar envisions a future where renewable energy integration and grid stability are paramount Our Energy Storage Solutions play a crucial role in reducing fossil fuel reliance and improving energy reliability.
Jinko Solar's commitment to openness and sustainability is reflected in our transparent reporting of environmental metrics and our dedication to meeting sustainability targets
Jinko Solar's technological advancements, including TOPCON and containerized ESS, enable us to optimize solar energy production even in the unique environmental conditions of the MENA region.
QIn addition to PV modules, Jinko Solar has recently announced the new production line of Energy Storage Solutions, but why ESS and why now?
Jinko Solar's move into Energy Storage Solutions (ESS) meets rising demand for renewable energy integration and grid stability. Reducing fossil fuel reliance and improving energy reliability, addressing the industry's shift towards holistic energy solutions amid climate change and rising renewable energy adoption In the way to net zero ESS is an essential part of the energy system and its importance cannot be overstated
QHow does Jinko Solar leverage its technological advancements to optimize solar energy production in the unique environmental conditions of the MENA region?
Jinko Solar continuously invests in research and development to enhance the efficiency and performance of its solar panels. Technological advancements, such as TOPCON and containerized ESS, have been incorporated into Jinko Solar's product lineup, improving energy yield and overall system performance. By optimizing solar energy production, Jinko Solar can better cater to the unique environmental conditions and high solar irradiance in the MENA region
QFinancing is often a critical aspect of large-scale solar projects. How does Jinko Solar collaborate with financial institutions to facilitate project financing in the MENA region?
Jinko Solar collaborates with local stakeholders, financial institutions, and project developers to facilitate project financing. The company's reputation as a reliable solar panel manufacturer and its track record of successful installations plays a key role in increasing bankability, attracting investors and securing financing for solar projects in the region
QSustainability and environmental considerations are increasingly important for corporations and investors
How does Jinko Solar align its business strategies with the sustainability goals of clients in the MENA region?
Jinko Solar may engage in transparent reporting on its sustainability performance, disclosing environmental metrics and progress toward sustainability targets Such transparency fosters trust with clients and investors who value companies committed to openness and accountability
Such initiatives are traceability reports, 3rd party audits and supply chain management
QWhat are some of the initiatives adopted by JinkoSolar in promoting a greener and more sustainable industry?
At JinkoSolar, we embrace our position as a leading technology provider and the associated responsibilities Consequently, we have instituted many initiatives within our operations centers These initiatives include our participation in the UN Global Compact Organization, our commitment to Science-Based Targets to combat climate change, and our involvement in the RE100 and EP100 initiatives. These endeavors collectively contribute to our vision of a greener and more sustainable future
QLooking ahead, how do you envision the role of solar energy in the MENA region's energy landscape, and what is Jinko Solar's vision for its contributions to the region's sustainable future?
At Jinko Solar, we see the MENA region as a key player in the global shift towards renewable energy sources Our vision for the region revolves around being a catalyst for sustainable development A key focus for the company currently lies in optimizing our production operations for long-term sustainability JinkoSolar has taken a pioneering step by becoming the inaugural solar panel manufacturer to join the RE100 and EP100 initiatives, led by the Climate Group. The company is committed to enhancing its operations efficiency and achieving 100% reliance on green energy for all its operations by the year 2028
At JinkoSolar, we believe in leading by example. By being the first solar panel manufacturer to join the RE100 and EP100 initiatives, we aim to inspire others in the industry to prioritize sustainability. Our commitment is clear: a greener future starts with sustainable actions today.
In the journey towards a sustainable future, Jinko Solar's Energy Storage Solutions (ESS) are a vital puzzle piece, addressing the urgent need for renewable energy integration and grid stability.
JA Solar's impressive growth in 2022, with 39.75GW in shipments and a 56 19% increase from the previous year, solidified its position as a top player in the global solar module market.
Innovation and expansion have been our driving forces With a planned annual production capacity of 85GW of ingots, 85GW of silicon wafers, and 95GW of modules by the end of 2023, we're ready to meet the world's solar demands.
As a Fortune China 500 company with over 1,296 independently developed patents, JA Solar stands as a key player in the solar industry
The year 2022 has witnessed a remarkable acceleration in the adoption of photovoltaic technology across Africa Many countries such as Egypt, South Africa, Kenya, Ghana and Morocco have made substantial strides in solar energy deployment, ranging from utility-scale solar farms to rooftop installations The declining costs of solar panels, coupled with increasing energy demands and environmental concerns, have spurred governments, businesses, and households to invest in solar power as a viable and sustainable energy source.
JA Solar has become one of the leading solar module suppliers in the globe with 39.75GW in 2022 making it the fourth largest module manufacturer in the world This was an increase of 56 19% from its shipments in 2021 In 2022, the company was awarded the Top Brand PV seal in the African market and being in the top three players in this market This is a significant achievement, as it recognizes JA Solar's commitment to quality and reliability
JA Solar is well-positioned to succeed in these markets, thanks to its strong financial performance, innovative product offerings, and extensive sales network. The company is already a leading solar module supplier in Africa, and it is poised to grow its market share in the years to come
Research, development and innovation are the main keys of JA Solar’s growth, there are many keys developments that have been happening at JA Solar recently.
JA Solar has been expanding its global manufacturing capacity in order to meet the growing demand for its products The company announced a plan to construct a project in China’s Ordos High-Tech Zone, with an annual production capacity of 30GW of ingots, 10GW of silicon wafers and 10GW of modules as mentioned by Tony Zhu vice president of JA Solar in PV Tech’s interview on July 10, 2023.
In addition to capacity expansions, JA Solar has also applied for more than 1,500 patents as part of its effort to further consolidate its position as an industry leader
Also, the company is investing heavily in research and development in order to increase the efficiency and performance of solar cell and module technologies The company has recently released its new ntype module DeepBlue 4.0 Pro at SNEC 2023 Based on a new size of nextgeneration rectangular silicon wafer, the module is capturing the attention of the industry. The new cell technology adapts cells cut from the next generation n-type rectangular silicon wafer size independently developed by JA Solar that features long lifespan and low oxygen content Combined with high-efficiency n-type passivation contact Bycium+ cell technology, the Open Circuit Voltage (Voc) of the cell reaches 728mV and the cell efficiency of mass production reaches 25.6%
Our commitment to quality and reliability in the African market has earned JA Solar the prestigious Top Brand PV seal Being ranked in the highest AAA category in PV Tech's PV Module Tech bankability report for Q2 2023 underscores JA Solar's robust strength in the industry
QWhat goals have been set by the company for 2023?
JA Solar is well-positioned to achieve its goals for 2023, since it has a strong track record of growth, and it is well-funded The company is also committed to innovation, and it is investing in new technologies that will help it to stay ahead of the competition The company is constantly investing in R&D, in order to develop new technologies that can improve the performance, efficiency and costeffectiveness of cells and modules Additionally, the company is focusing on expanding its sales and marketing network in order to reach more customers, enter new markets around the world and increase its market share
QAnything else you would like our readers to know?
Sure, here are a few other things you may want to know about the company
JA Solar has once again been ranked in the highest AAA category in PV Tech's PV Module Tech bankability report for Q2 2023, underlining the company's robust overall strength.
According to its annual report for 2022 JA Solar's total revenue was CNY72 989 billion, up 76.72% year on-year, with a net profit attributable to the parent company of CNY5 533 billion, up 171 4% from 2021
As of the first half of 2023, the company had been granted 1,296 independently developed patents and is widely recognised as one of the industry's key players, being ranked among the Fortune China 500
JA Solar maintains a global strategy with multiple production facilities around the world and 13 overseas sales companies The company's product sales and service network now extend to 135 countries and regions worldwide.
JA Solar is committed to sustainability. The company has set a goal of becoming carbon neutral by 2050. JA Solar is also working to reduce the environmental impact of its products and manufacturing processes
Dyness is not just a company; it's a global energy partner, serving over 300,000 families across 100+ countries, including Africa We're here to provide sustainable solutions for African energy needs.
Our recent product launches, including the DL5 0C, DL5 0X, and DH200F, are designed to combat power challenges in Africa, where reliability is crucial Dyness aims to be a trusted name in the region
Dyness is not just expanding its product range; we're expanding our presence Our new South African branch office and localized support system demonstrate our commitment to this region
We've taken an important step by establishing our South African branch office, and we're dedicated to building a robust localized support system that includes pre-sales, after-sales, and training services. Our commitment is to make a positive impact on local development and contribute to Africa's energy future.
QCould you briefly introduce Dyness and its unique offerings in the energy storage industry for the African Market?
Dyness is a global energy storage solutions provider, focusing on residential and commercial ESS applications. Our products has been delivered to 100+ countries including Europe, South Africa, Americas, Southeast Asia, Australia, etc, serving 300,000+ families
In Africa, we provide residential and commercial energy storage products, which are characterized by high safety, expandable capacity, and wide compatibility In residential sector, Dyness provides tailor-made low voltage home battery for African users, meeting local homeowners’ electricity needs.
For commercial sector, Dyness released all-in-one cabinet energy storage solution, which has huge power storage capabilities, providing stable power supply for commercial and industrial scenarios such as farm and factory
QHow do you anticipate Dyness market presence and growth in Africa and South Africa following the recent product launch, and can you share any insights into Dyness's financial results in the region?
Yes, we launched new residential and commercial products recently for African market. The new solutions include two lowvoltage energy storage batteries – the DL5.0C and the DL5.0X, which have high discharge rate of 1 0C and 1 5C, providing users with greater flexibility when using high-power loads off-grid Dyness also unveiled the DH200F, aimed at commercial and industrial applications, helping ensure the power security and resilience for business Under the influence of limited electricity supply, especially the loadshedding in South Africa, I believe Dyness energy storage solutions with excellent performance and reliability will be favored by users and customers, and Dyness will be recognized by more and more people in Africa
Recently, Dyness completed rounds of B and C financing, and we will further increase the investment in the R&D of energy storage technologies and solutions At the same time, we will develop more intelligent and high-quality energy storage products meeting African users’ demands based on this
QHow does Dyness's digital energy technology align with the sustainability goals of African countries and South Africa, and what specific challenges and opportunities do you foresee for Dyness in the African energy storage market?
Dyness products adopt eco-friendly LFP material which has high safety and stability
We provide home energy storage batteries for homeowners to offer power supply during load-shedding. It’s a self-production and self-use model, which is a sustainable energy use for users Also, we provide all-inone energy storage solutions for commercial application, such as farms, in which Dyness battery works as backup power and support the running of farm Thus, Dyness energy technology makes good use of solar energy and builds a sustainable future for African people by solving their power crisis.
QWhat are your future plans for marketing and expanding Dyness's market share in Africa and South Africa, considering recent product launches and financial results?
This year, we have made great investment in marketing in Africa and South Africa, and we will increase this in the future to improve our brand awareness and visibility Along with the new releases, we will also be dedicated to providing high-quality and intelligent energy storage solutions for users, to make positive influence for local development. At the same time, we also established the SA branch office this year, and will further build optimal localized presales, after-sales, and training system
We're very excited about our recent product launches in Africa, which include two low-voltage energy storage batteries, the DL5.0C and the DL5 0X, as well as the DH200F designed for commercial and industrial applications.
Sunpure insists on scientific innovation and investment in R&D, with 68% of our team members dedicated to R&D and operation Our products undergo rigorous testing and have received certifications from authoritative institutions
Both the Indian and Middle East markets face water scarcity, which has driven our emphasis on water-less robots to optimize efficiency and resource utilization
Sunpure is firmly committed to localizing its operational teams With offices established in Delhi and Dubai, we have local staff members who possess an intimate understanding of the respective markets
Sunpure takes customers' achievements as its mission, is committed to be the leading player of intelligent PV cleaning technology. The company has built a comprehensive global service system.
QCan you give us an overview of Sunpure flagship product that you would showcase in the Indian and Middle East markets?
Sunpure featured product for the Indian and ME markets is the second generation of PV Railed Cleaning Robot (PR200) Given the high solar radiation and elevated dust pollution in both India and the Middle East, coupled with water scarcity, power generation experiences a soiling loss over 10% The PR200 cleaning robot by Sunpure addresses this challenge by operating without water and offering a high-frequency automated cleaning process, achieving an exceptional cleaning efficiency of over 99.5%.
QWhen showcasing your company's capabilities, what key aspects do you emphasize to demonstrate Sunpure expertise and value proposition?
Sunpure is a high-tech innovative company specializing in R&D, manufacturing, sales and service of intelligent PV cleaning robots. The product line covers PV railed, trackless cleaning robots and intelligent shuttles Sunpure is committed to providing one-stop intelligent PV cleaning services for a wide range of scenarios
Sunpure takes customers' achievements as its mission, is committed to be the leading player of intelligent PV cleaning technology. The company has built a comprehensive global service system. Our products have been successfully delivered to 13 countries and regions, including China, the Middle East, India, South America and more
QConsidering the diverse business landscapes in India and the Middle East, how do you plan to present the company's vision and mission in a way that appeals to both regions?
Indeed, these two regions exhibit notable distinctions, prompting us to provide different strategies As we expand our focus to encompass the European and American markets in the future, we are committed to offering localized solutions that are responsive to the specific needs of each region
Both the Indian and Middle East markets face water scarcity, which has driven our emphasis on water-less robots to optimize efficiency and resource utilization However, project sites in ME region are often situated in coastal desert regions, requiring higher resistance to corrosion To address this, we have developed customized robots with specialized brush materials that are more durable for the local environment with the highest protect level of IP 65
In what ways do you intend to highlight the company's commitment to innovation and sustainability during these showcases?
Sunpure insists on scientific innovation and investment in R&D, with 68% of our team members dedicated to R&D and operation
Our products undergo rigorous testing and have received certifications from authoritative institutions Sunpure has applied and granted over 140 patents and earned more than 20 industry awards
Furthermore, Sunpure is committed to fostering a culture of innovation, with 68% of our team members dedicated to technical research and development Responding proactively to market dynamics, we are actively expanding into new technologies and products. In the future, we will introduce a diverse range of PV cleaning solutions with varying forms and enhanced functionalities of robots, enabling us to achieve sustained and long-term development
How do you plan to tailor your product presentation to resonate with the cultural preferences and market needs of both India and the Middle East?
Sunpure is firmly committed to localizing its operational teams With offices established in Delhi and Dubai, we have local staff members who possess an intimate understanding of the respective markets
Tailoring our approach to the unique scale and demands of each PV power plant, we offer customized cleaning solutions that truly uncover and address the specific pain points of each project Additionally, our capability to deliver a 24-hour global response ensures that our clients are not hindered by time zone differences
Sunpure Technology is a pioneering and innovative company at the forefront of the intelligent photovoltaic (PV) cleaning industry. With a strong focus on research and development, manufacturing, sales, and service of cutting-edge
PV cleaning robots, Sunpure is revolutionizing the way solar power plants are maintained and operated.
We have launched the fastest-growing brand, Solplanet, in the MENA and Africa regions With a wide range of inverter models, we cater to the design requirements of different plant capacities.
Solplanet’s hybrid inverter series fulfills our mission to bring solar power to everybody. This powerful and reliable series of inverters delivers higher efficiency using advanced dual-phase shift control technology
Solplanet inverters are equipped with ShadeSol technology, a crucial feature that optimizes energy generation by addressing shading issues. This feature holds significant importance for both residential and commercial and industrial (C&I) segments
We have launched the fastest-growing brand, Solplanet, in the MENA and Africa regions With a wide range of inverter models, we cater to the design requirements of different plant capacities We have introduced a Solplanet hybrid inverter with a 5 KW capacity to the African market, and we received a huge response from our key customers The new generation of Solplanet hybrid inverters has been awarded the Red Dot international quality seal for outstanding design The new ASW H-S2 hybrid singlephase inverter series brings powerful upgrades to the features found in its awardwinning easy-to-install design Solplanet’s hybrid inverter series fulfills our mission to bring solar power to everybody. This powerful and reliable series of inverters delivers higher efficiency using advanced dual-phase shift control technology, an improved charge-discharge process, and incredibly fast parallel-to-off-grid switching Additionally, the precise intelligent EMS control continuously tracks and adjusts photovoltaic panel power, battery power, load power, and online power With IP66 certification for indoor or outdoor installations, performance is assured no
matter the weather conditions The integrated smart customizable software allows you to easily manage your batteryin DOD, time of use, and power setting modes The lightning-fast UPS level switching time is less than 10 ms Like all Solplanet products, its IP66-certified design allows for worry-free installation both indoors and outdoors
Furthermore, the in-house-developed communication and monitoring platform underscores Solplanet’s commitment to security and data privacy, which is of paramount importance in today's world In the near future, we aim to achieve remarkable success in the commercial and industrial (C&I) segment Our ready stock and ongoing discussions regarding significant opportunities demonstrate our commitment to supplying Solplanet's flagship product, the 110 kW inverter Excitingly, there are several upcoming projects on the horizon The positive responses received from EPC companies and developers have been incredibly encouraging, prompting us to expand our presence in various countries within the MENA region. To ensure seamless sales and service operations, we have established a robust network throughout the MENA region We are grateful for the strong partnership that supports our goals and look forward to continued success together
In the near future, we aim to achieve remarkable success in the commercial and industrial (C&I) segment Excitingly, there are several upcoming projects on the horizon. The new generation of Solplanet hybrid inverters has been awarded the Red Dot international quality seal for outstanding design
QWhat unique advantages does this newly launched product offer compared to existing solar solutions?
We are proud to introduce our powerful three-phase ASW 75-110K LT Series, a flexible and reliable solution for highefficiency commercial and industrial solar plants.
With 16A current inputs per string compatible with the latest large PV panels, high-efficiency performance thanks to its 10 MPPT feature, and its 150% DC/AC sizing ratio allowing for versatile system designs, the IP66-certified waterproof design enables large-scale power production plants to maintain steady production regardless of environmental conditions
Solplanet’s ShadeSol integrated smart shadow management system keeps the installation at its maximum capacity even in shaded conditions
16 A input current per string, ideal for bifacial and large area PV modules
ShadeSol smart shadow management system for optimal performance even in partial shade
C5 anti-corrosion grade design, outstandingly resistant to high moisture environments
Equipped with Solplanet’s self-developed Ai-Logger system, supporting independent scheduling functions, efficient management of photovoltaic production, etc
IP66 rated design for any weather conditions
customizable software, you can easily manage your battery in DOD, time of use, and power setting modes The lightning-fast UPS level switching time is less than 10 ms Like all Solplanet products, our ASW HT2/T3 series can be installed quickly with basic tools, and its IP66-certified design allows for worry-free installation both indoors and outdoors
These inverters can be seamlessly configured with third-party dataloggers or controllers to monitor the energy between solar PV plants, diesel generators, and the grid. We can achieve zero export function through the controller There are many successful cases around the region that can be demonstrated In the absence of a grid, the Solplanet hybrid inverter system can independently work as an off-grid system The inverter comes with a 10-year factory warranty, which ensures the reliability of the product
QCan you discuss any innovative tracking or positioning technologies employed in the product to optimize solar panel orientation throughout the day?
Considering the specific requirements and conditions in the MENA region, we advise developers, EPC companies, and stakeholders to consider Solplanet inverters as their preferred choice Our inverters, featuring ShadeSol technology for optimized energy generation, are wellsuited for the unique challenges associated with shading issues in the region Moreover, the high-quality construction and competitive pricing make Solplanet inverters an attractive option for both residential and commercial projects. With our ready stock availability and efficient after-sales service network, we ensure a seamless experience for our customers in the MENA region By choosing Solplanet inverters, stakeholders can benefit from cutting-edge technology, ease of installation, and reliable performance, ultimately contributing to their success in the dynamic renewable energy market of the MENA region
QWhat steps were taken to ensure that the new solar product meets or exceeds industry standards and regulations?
These powerful hybrid inverter series feature 100% unbalanced three-phase AC output that allows the inverter to better match the requirements of variable loads for improved system efficiency and performance With our integrated smart
Solplanet inverters are equipped with ShadeSol technology, a crucial feature that optimizes energy generation by addressing shading issues This feature holds significant importance for both residential and commercial and industrial (C&I) segments. We take pride in positioning Solplanet inverters as a highquality solution offered at a competitive and affordable price point Recognizing the challenges associated with demand and supply, we ensure ready stock availability at our warehouse The lightweight design and user-friendly installation procedures of Solplanet inverters have garnered immense appreciation and interest from numerous EPC companies. Additionally, the Solplanet pro version inverters are capable of accommodating high-ampere strings and support a 150% DC overload, catering to the unique demands of various regions. Solplanet remains committed to delivering reliable, efficient, and technologically advanced solutions that meet the market’s evolving needs
We have witnessed rapid developments in technology, leading to various variants in inverter capacities and new capacity additions to the inverter portfolio We ensure all inverters meet international IEC quality standards and certifications before they are introduced to the market These Solplanet inverters are accredited by international agencies and approved by local authorities. The products are approved by DEWA (Dubai Electricity and Water Authority) and also approved by the Energy and Climate Change Directorate of the City of Cape Town."
QIn terms of grid integration, what mechanisms have been implemented to allow the solar product to seamlessly interact with the existing power infrastructure?
At Powernsun, we act as a one-stop solar shop, ensuring our customers have easy access to high-quality products that form the backbone of sustainable energy systems in the region.
PnS-One empowers solar EPCs, installers, and resellers to operate with unprecedented efficiency, fostering the growth and proliferation of sustainable solar solutions across the Middle East
We see our role as instrumental in shaping a greener, more sustainable future for the Middle East and the world, contributing to a collective effort to combat climate change on a global scale
QCan you provide a brief overview of Powernsun's core services and products, particularly those catering to the Middle East market?
At Powernsun, we take pride in being a leading solar component distributor with a global footprint, providing a diverse range of solar solutions to meet the growing energy needs of the Middle East Our core services revolve around offering a comprehensive selection of solar components, including solar modules, photovoltaic inverters, storage systems, construction elements, and solar cables We act as a one-stop solar shop, ensuring our customers have easy access to highquality products that form the backbone of sustainable energy systems in the region
QIn what ways has Powernsun contributed to the growth and development of solar energy solutions in the Middle East?
Our commitment to the Middle East's solar revolution is reflected in our extensive contributions We have played a pivotal role in enhancing product availability and streamlining transactions, making solar solutions more accessible to both residential and commercial sectors
Through our reliable logistics network, we ensure prompt delivery of products, empowering local projects with reliable and efficient solar components
Additionally, our involvement in regular CSR activities underscores our dedication to fostering local communities and supporting the region's sustainable development
Recently we have launched an AI Based solar App PnS-One which will revolutionizes how solar professionals connect, transact, and manage projects By facilitating streamlined communication, site surveys, project management, and inventory control, PnS-One empowers solar EPCs, installers, and resellers to operate with unprecedented efficiency This technological leap enhances project execution, reduces timelines, and optimizes resource allocation, fostering the growth and proliferation of sustainable solar solutions across the Middle East Through PnS-One and our unwavering commitment, we contribute to reshaping the region's energy landscape while driving economic and environmental prosperity
QHow has Powernsun adapted its strategies and offerings in response to recent shifts in the renewable energy landscape in the Middle East?
We've been agile in our response to evolving trends in the renewable energy landscape With the Middle East's increasing emphasis on sustainability, we have aligned our sourcing strategy with the region's growing demand for clean energy solutions By collaborating with top-tier suppliers such as Longi, JA Solar, Sungrow, and more, we've curated a product portfolio that meets the latest technological advancements and industry standards Our commitment to innovation has allowed us to offer cutting-edge solutions that empower our clients in their renewable energy journey
Despite challenges posed by the geopolitical dynamics of the region, Powernsun views them as opportunities to innovate, collaborate with local partners, and contribute to the region's energy diversification goals while addressing global climate change challenges.
QWith the Middle East increasingly focusing on sustainability, what role does Powernsun play in supporting the region's transition to cleaner energy sources?
As the Middle East takes ambitious strides towards sustainability, Powernsun serves as a reliable partner in this transition Our top-quality solar components empower local projects with reliable and efficient energy solutions By providing a vast range of products suitable for diverse applications, from residential rooftops to large-scale commercial installations, we contribute to establishing a resilient and sustainable energy infrastructure Our dedicated focus on affordable, efficient, and sustainable products aligns perfectly with the region's vision for cleaner energy sources
QGiven the geopolitical dynamics of the Middle East, what challenges and opportunities does Powernsun encounter in promoting renewable energy solutions in the region?
The geopolitical landscape presents both challenges and opportunities. While geopolitical factors can influence market dynamics, they also underscore the urgency of transitioning to renewable energy sources. We view challenges as opportunities to innovate and collaborate with local partners By forging strong relationships within the region and offering reliable products backed by international expertise, we mitigate challenges and contribute to the region's energy diversification goals
QHow does Powernsun envision its contribution to the Middle East's long-term renewable energy targets and the broader global effort to combat climate change?
Our vision aligns closely with the Middle East's long-term renewable energy goals and the global fight against climate change We strive to be an enabler of change by consistently delivering top-tier solar solutions that align with the region's targets By providing accessible and highquality solar components, we empower local communities, industries, and governments to achieve sustainable energy transitions. We see our role as instrumental in shaping a greener, more sustainable future for the Middle East and the world, contributing to a collective effort to combat climate change on a global scale
Completing the Benban PV Project's phases was a significant milestone, showcasing Egypt's commitment to solar energy development
The solar sector in Egypt faces major challenges, notably due to regulatory constraints imposed by the Ministry of Electricity
Foreign investments are pivotal, but local involvement and regulations need enhancement to maximize benefits for Egypt
QWhat are the key achievements and milestones of the solar energy sector in Egypt over the past decade?
Completing the Benban PV Project phase 1 and phase 2
QWhat are the main government policies and incentives in place to promote renewable energy development, particularly in the solar sector?
Unfortunately, there are no incentives as wheeling and net metering is not allowed, besides building a PV for personnel or commercial usage is impossible to get all the required permits, import of equipment and no has to pay customs duties on renewable energy components
QHow has the renewable and solar energy sector contributed to the country's efforts to reduce carbon emissions and combat climate change?
It started good in 2016 but unfortunately as above it kind of faded Not sure about the carbon emissions % at the moment
QWhat are the major challenges faced by the solar energy sector in Egypt, and how is the industry addressing them?
As above and we have tried many times but regulations will not change as long as NREA is under the ministry of Electricity because the ministry set the rules to decrease the PV to ensure their conventional distribution companies do not lose revenue
QHow does Egypt ensure the integration and stability of solar energy into the national grid, considering fluctuations in solar power generation?
That is not an issue as grid impact studies are always done thoroughly as per the IS to ensure proper integration
QWhat role does foreign investment play in driving the growth of the solar energy sector in Egypt?
It plays a main role as it is the only entity that finances, for example EBRD but the Egypt side does not get involved in setting up rules for local contractors to take major roles and we end up with foreign contractors coming to the market for their own benefit, so basically, the developer, the financing entity and the main foreign contractor win
Egypt is currently dealing with challenging economic circumstances due to the depreciation of the Egyptian pound One of the sectors feeling the pressure is the Commercial and Industrial (C&I) solar industry The weakened currency has increased the cost of importing crucial solar equipment, which has stalled the momentum of the solar industry's growth in the country
However, in this difficult economic situation, solar energy emerges as a significant opportunity By increasing our harnessing of solar power, we can reduce our dependence on subsidized natural gas This reduction would allow us to export the conserved gas at market prices, providing much-needed revenue to offset the effects of currency devaluation.
In addition to the economic benefit, a shift towards solar power contributes to global sustainability efforts. Lowering carbon emissions by moving from fossil fuels to renewable energy sources aligns Egypt with the worldwide commitment to combat climate change.
But achieving a solar-powered future isn't easy The instability of our economy complicates the securing of long-term Power
projects as potential investors weigh the risks of committing to long-term investments in an uncertain economy
A practical solution to these challenges could be establishing a strong incentive program for the solar sector, combined with partnerships with international donors and organizations This approach could increase the appeal of solar projects, encouraging investment despite economic uncertainties
Another critical factor is the liberalization of the electricity market A free market could encourage competition, promoting growth in the solar sector However, this transition needs to be handled carefully While market-driven pricing could boost the industry, it might also lead to higher electricity costs for consumers Therefore, it may be necessary to establish social safety nets or phased liberalization plans to protect lowerincome households from sudden price increases
Lastly, in light of the market instability, which often deters investors due to perceived risks, safeguards such as government-backed guarantees or risk insurance might be needed. These measures could provide the confidence necessary for investors to finance solar projects.
In conclusion, while Egypt's solar sector is facing significant challenges due to currency devaluation, these obstacles also present unique opportunities. With the right strategies, a careful approach to market liberalization, and strong partnerships, these challenges could be the springboard for a future powered by Egypt's abundant solar energy
Xi’an, China, August 21st, 2023 – In a groundbreaking achievement, LONGi, a global leader in solar technology, has successfully shipped over 1GW of solar modules to the Middle East distribution solar market by the second quarter of 2023 This significant milestone underscores LONGi's commitment to advancing the energy transition in the residential and commercial sectors of the Middle East
Since entering the Middle East market in 2019, LONGi has rapidly emerged as a driving force, leaving an indelible mark on the region's solar landscape The company's dedication to innovation and excellence has been instrumental in shaping the distributed photovoltaic (PV) market in countries such as the UAE, Lebanon, Jordan, Yemen, and others
A pivotal factor in LONGi's success story is the launch of its cuttingedge Hi-MO 6 module product, featuring the innovative HPBC technology This breakthrough has not only set new performance standards but has also expanded LONGi's distributed product matrix, opening doors to a wider range of application scenarios. By providing enhanced value and diversified choices, LONGi has empowered households and industrial and commercial enterprises across the Middle East
Baggio Teng, General Manager of Middle East of MEA DG, expressed his pride in the company's achievements, stating, "LONGi has earned its position as a trusted brand in the Middle East distributed PV market through unwavering dedication to quality and innovation Our success is a testament to the unwavering support of our local distribution partners and the widespread recognition of our products in the market LONGi's customer-centric approach remains at the core of our mission, and we are committed to delivering high-quality, efficient photovoltaic solutions that enrich the lives of end-users "
LONGi's monumental achievement of successfully shipping over 1GW of solar modules to the Middle East stands as an iconic milestone in our journey towards a cleaner, greener future. It signifies our unwavering commitment to advancing the energy transition in the residential and commercial sectors of the Middle East, while cementing our role as a driving force in shaping the region's solar landscape.
As a trailblazer in the solar industry, LONGi is steadfast in its commitment to lead the way in the energy transformation journey. Looking ahead, the company is poised to offer a comprehensive range of high-efficiency, high-reliability, and high-yield photovoltaic solutions to cater to diverse customer needs and scenarios. By providing photovoltaic products with compelling cost advantages, LONGi aims to accelerate the transition towards a sustainable energy landscape while maintaining its position at the forefront of industrial progress.
LONGi's accomplishments are a testament to its relentless pursuit of excellence and its dedication to creating a cleaner, greener future As the company continues to achieve new milestones and drive innovation in the solar industry, the Middle East can anticipate a brighter and more sustainable future powered by LONGi's groundbreaking solar solutions
Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation
Under its mission of 'making the best of solar energy to build a green world', LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development
www longi com/en
SHANGRAO, China, July 27, 2023, JinkoSolar one of the largest and most innovative solar module manufacturers in the world, today announced it has achieved the highest “AAA” category ranking in PV Tech’s Q2 ModuleTech bankability report This prestigious recognition underscores the company’s exceptional performance in manufacturing and financial indicators, as well as its leadership in Ntype TOPCon technology.
On July 14th, 2023, JinkoSolar’s subsidiary Jinko Solar Co , Ltd published estimates of certain preliminary unaudited financial results for the first half of 2023 The preliminary unaudited net income attributable to the shareholders of Jiangxi Jinko is estimated to be in the range from RMB3 66 billion to RMB4 06 billion, increasing by from 304 38% to 348 58% year over year, and demonstrating solid profitability growth quarter over quarter In the first quarter of 2023, JinkoSolar delivered 13 04GW of solar modules With this remarkable performance, JinkoSolar has solidified its No.1 shipment position as a leading solar module supplier globally, with a cumulative module shipment of 150GW by the end of the first quarter of 2023
JinkoSolar has made significant strides in large-scale production of N-type TOPCon modules, achieving a mass production efficiency of 25.3%. It expects mass-produced N-type cell efficiency to reach 25 8% and N-type cell capacity to account for over 70% of its solar cell capacity by the end of 2023
By the end of the first quarter of 2023, JinkoSolar’s accumulated Ntype module shipments exceeded 16 GW, providing support for
hundreds of projects globally over the past year The proportion of N-type modules shipments in its total module shipments is expected to reach about 60% in 2023, as the Company expects strong demand for high-efficiency products from a growing number of markets and customers
Mr Kangping Chen, CEO of Jinko Solar Co , Ltd , commented, “As a leading solar module manufacturer, we are honored to be recognized by PV Tech as the most bankable solar brand among customers, investors, and banks worldwide This serves as a testament to our unwavering commitment to research, rigorous quality control, and technological innovation We will continue to elevate the quality, reliability, and long-term performance of our PV modules to create greater value and returns for our shareholders ”
The remarkable financial growth and substantial increase in net income are a testament to JinkoSolar's leadership in the solar industry With the solidification of our No.1 shipment position and advancements in N-type TOPCon technology, we are poised for a future marked by sustainability and efficiency.
JinkoSolar, one of the largest and most innovative solar module manufacturers in the world, has announced it has delivered a 430kWh ESS project in Zhejiang, China with the company’ s liquid cooling C&I energy storage system, the JKS-215KLAA-100PLAA.
Increased safety, lower LCOE, easier integration, and operation & maintenance (O&M) costs, are always major concerns for stakeholders when choosing an ideal C&I ESS JinkoSolar, based on its decades of experience in the energy industry, leading technology, and manufacturing excellence, launched its competitive C&I liquid cooling ESS, the SunGiga
JinkoSolar’ s SunGiga C&I ESS provides a modularized design with a variety of battery capacity options, ranging from 200kWh to 2MWh, and is designed for applications that require energy storage for two to four hours This solution simplifies the transportation, installation, and operation and maintenance (O&M) processes associated with energy storage solutions through a combination of several components, including lithium-ion batteries, a liquid cooling system, a power conversion system (PCS), an energy management system (EMS), and a fire suppression system (FSS), streamlining the transportation, installation, and O&M
The SunGiga was pre-commissioned so that all parameters were set before leaving the factory, decreasing on-site commissioning time and guaranteeing early revenue for project owners
Due to the liquid cooling technology, the SunGiga C&I ESS comes with a lower battery temperature difference, extending the lifetime of batteries and significantly improving the charging and discharging efficiency. Compared with the conventional air-cooling design, the liquid cooling system also significantly reduces ther-mal management energy consumption. The automatic state of charge (SOC) calibration and the automated coolant refilling considerably reduce operation and
Safety is the top priority for battery system technology JinkoSolar’ s SunGiga offers comprehensive safety design from the cell, electrical, and system levels AI-assisted cell monitoring technology performs high-precision online computing of cell status and provides earlystage warnings to prevent thermal runaway SunGiga offers temperature, humidity, and combustible gas detection as well as a ventilation system as standard FSS configuration
Jinkosolar today announced it has delivered its 1 84MWh C&I energy storage system (JKS196-675K-150H) to ACOB Lighting Solutions for mini-grid projects in multiple regions of Nigeria to accelerate electrification access, address poverty in the communities by improving productive use It covers over 30,000 connections
Jinkosolar’s C&I ESS, a fully integrated, pre-configured battery storage solution uses best-in-class (LFP) battery chemistry to deliver 135 kWh of battery capacity It includes inverter(s), battery cabinet, battery modules, BMS, local controller, cooling system, fire suppression system, all contained in outdoor rated enclosures This turnkey solution reduces on-site installation time and can be easily scaled up.
The integrated multi-level Battery Management System (BMS) continuously monitors performance, to allow for system optimization and balancing Air cooling (base option) or advanced liquid cooling (premium option) helps extend the lifespan of the batteries and ensures optimum performance even in the toughest of climates
It has a slick compact design with the flexibility to fit into indoor as well as outdoor spaces, thanks to the outdoor-rated enclosure With IEC62619, UL9540A, CE, UN 38 3 certifications, and built-in fire suppression, this ESS offers safe operation and peace of mind
In addition to standalone operation in off-grid mode for power backup, Jinkosolar’s C&I ESS provides peak shaving for demand charge management, load shifting for time-of-use savings
Jinkosolar's 1.84MWh energy storage system is lighting up Nigeria, empowering 30,000+ connections and combating poverty.
Egypt has established itself as a leading location to develop solar energy thanks to its plentiful sunshine and extensive desert landscapes. The nation has achieved great progress in utilizing solar energy during the past ten years, both in terms of technological development and project creation. Egypt's solar business has emerged as a shining example of sustainable energy growth in the Middle East and North Africa region as the world switches to renewable energy sources
Advancements in Solar Technology:
The solar sector in Egypt has experienced notable improvements that have made energy production more efficient and affordable The adoption of solar PV panels, which turn sunlight directly into power, has been one significant innovation. These panels have become more efficient and affordable over time, leading to an increase in solar installations across the country
Furthermore, improving the dependability and consistency of solar power generation has benefited greatly from research and development in solar energy storage systems Solar energy is becoming a more practical and dependable source of power because of energy storage technologies like batteries and molten salt storage, which enable extra energy to be stored during sunny hours and utilized during overcast days or at night Additionally, improvements in solar tracking technology have improved the effectiveness of solar farms Solar panels with tracking systems can track the path of the sun throughout the day to maximize sunlight absorption and increase energy output The effectiveness of solar systems in Egypt has been greatly enhanced by these technological advancements
Project Development and Expansion:
By launching significant solar energy projects, Egypt has demonstrated a strong commitment to the technology The Benban Solar Park in the governorate of Aswan is one such undertaking The Benban Solar Park is one of the biggest solar installations in the world, with a planned capacity of 1 8 GW The park, which is made up of multiple independent solar power plants created by various companies, has sped up the development of the industry by fostering competition and cooperation
Egypt has concentrated on distributed solar installations in addition to utility-scale projects, encouraging residentials and C&I customers to use solar energy. Government incentives, like net metering regulations, have encouraged people and companies to put solar panels on their rooftops, boosting the widespread use of solar energy across the nation
Additionally, in Egypt, public-private partnerships have been a major force behind the development of innovative technologies and solar energy projects. The nation has acquired access to cutting-edge technologies and knowledge through working with foreign investors and technology providers, driving the expansion of its solar industry
Impact on Sustainability and Economy:
The development of the solar sector in Egypt has not only lessened the nation's reliance on fossil fuels but also helped to create a more sustainable energy mix. In keeping with its commitment to the Paris Agreement, Egypt has been able to reduce its greenhouse gas emissions and lessen the effects of climate change by converting to renewable energy sources like solar power
Additionally, the expansion of the solar business has strengthened the economy and produced new job possibilities Solar power plant development, building, and maintenance have created jobs in a variety of industries, fostering local economies and sustaining local communities
Conclusion:
Egypt's solar business has advanced significantly, from adopting cutting-edge solar technologies to creating big solar projects that use the nation's plentiful sunlight These developments have improved solar energy's efficiency and dependability while also fostering the country's sustainable development and economic expansion. Egypt's solar innovations serve as an encouraging example for other nations to imitate as the globe continues its journey toward a greener future They show the revolutionary potential of renewable energy in supplying the world's energy demands while protecting the environment.
The Middle East is set to become a market leader in renewable energy. Up to 90GW of renewable energy capacity, mainly solar and wind power, is planned across the MENA region over the next 10- 20 years.
Yet harsh environment and desert climate pose challenges for PV projects Vast deserts and various extreme climatic conditions are very likely to cause sand accumulation in the modules which will lead to soil loss The range of soil loss could be incredibly wide even though you manually clean the PV module rather often
Why risk the loss of power generation when Sunpure is providing intelligent robotic cleaning solutions that could solve the problems?
Sunpure’s intelligent PV cleaning solution holds distinct advantages in the MENA region:
It is water-free cleaning, a fully automatic intelligent cleaning solution to make sure waterless operation;
It is module friendly, and the cleaning brush can operate reliably whether in high or low temperatures, which is also anti-UV aging and can offer an effective solution to dust pollution;
The SmartPure Cloud Platform, offers intelligent, convenient, efficient, and secure methods to remote monitoring and management;
By significantly reducing operational costs, alleviating O&M pressures, and lowering the LCOE, it makes PV plants more profitable；
Sunpure attaches great importance to the MENA market and has successfully delivered its products at various locations such as Red Sea and Rabigh in KSA, with a cumulative sighed contract of more than 5 4GW It’s a great honor that Sunpure has become an indispensable supplier of PV cleaning robots in this market
For the next step, Sunpure will continue to engage the MENA market, accelerate the localization process, understand local demands, shorten the service response time and provide more cost-effective services to serve clients in the MENA region.
SUNPURE is a high-tech innovative company specializing in R&D, manufacturing, sales and service of intelligent PV cleaning robots The product line covers PV railed robots, trackless cleaning robots and intelligent shuttles Sunpure is committed to providing one-stop intelligent PV cleaning services for a wide range of scenarios
Sunpure insists on scientific innovation and investment in R&D, jointly initiated China's first industry standard for PV cleaning robots, and all the products have undergone rigorous testing and received certifications from authoritative institutions. With a remarkable portfolio of over 140 filed and granted patents, the company has earned more than 20 esteemed industry accolades
Sunpure takes customers' achievements as its mission The company has built a comprehensive global service system Our products have been successfully delivered to 13 countries and regions, including China, the Middle East, India, South America and more
Sunpure has signed over 5400MW projects in MENA region and became an important part of the PV power plants in this market Here are the three main projects:
The red sea project locates on the Red Sea coast and is a key project listed in KSA’s “VISION 2030” plan It is also the world’s first largescale commercial utility project with complementary multi-energy integration and powered by 100% renewable energy, with 400MW capacity
The Red Sea coast is characterized by high temperature, high humidity and high salinity To cope with the harsh environment, CXVH and C5-M, two of the world’s highest protection levels have been applied to Sunpure intelligent PV cleaning robots Completely renewable energy will be used in this city, leading a brand new lowcarbon lifestyle in the future
Rabigh 300MW PV power plant project locates in the desert area of Rabigh Industrial City In order to improve the power generation, Sunpure combines the 2P tracker system with the bridge technology according to the local terrain and climate characteristics to realize the double benefits of "tracking + intelligent cleaning" of the project This innovative technology solves the pain points of strict requirements of high wind operation strategy, long one-way cleaning distance and high communication timeliness requirements.
Recently, the project has successful initial energization, the total power generation in the first year to 894 million kWh
Jubail 150MW project is 3A independent desalination solar power project, equipped with 53 sets of Sunpure intelligent cleaning robots Sunpure developed the world’s first 12 3-meter-long cleaning robot for this project, and optimized support structure, transmission mode and control logic to meet the high temperature, high humidity, high corrosion and other extreme environment requirements.
Egypt has experienced a spectacular increase in the adoption of solar rooftop installations in recent years, which represents a crucial turning point in the nation's shift to renewable energy The growing trend of home solar systems across the country has been fuelled by a mix of plentiful sunlight, rising electricity bills, and supportive government legislation The market for solar rooftops in Egypt is expanding at a rate never before seen as more homes become aware of the financial and environmental advantages of using solar power
Egypt is a perfect location for solar energy projects due to the country's favorable sun conditions. The country receives a lot of sunlight all year round, with the majority of its regions receiving an average of 5 5 to 6 kWh/m2 of solar irradiation every day Because of this, solar rooftop systems are very effective, able to generate a sizable amount of electricity, and able to offset a sizable portion of the household's energy use. Solar rooftops are essential for reducing greenhouse gas emissions and halting climate change because they can lessen dependency on traditional fossil fuels.
The rising cost of power is one of the main reasons why solar rooftop installations are becoming more and more common in Egypt Since energy costs have risen across the nation in recent years, homeowners have started looking for more affordable alternatives Solar rooftops give customers the chance to generate their electricity and lessen their reliance on the national grid, which therefore results in significant electricity bill savings
Additionally, encouraging regulations and incentives from the Egyptian government have been essential in promoting the adoption of domestic solar power The New and Renewable Energy Authority (NREA) has put in place several initiatives, such as feed-in tariffs and net metering programs, to encourage the installation of solar rooftop systems. With the help of net metering, households can sell any extra electricity they produce back to the grid in exchange for credits or cash The feed-in tariff program, on the other hand, offers solar energy producers a fixed rate that is guaranteed, ensuring long-term financial certainty and enticing returns on investment.
The simplicity of the installation procedure is a big benefit of home solar installations. Going solar is becoming more and more convenient for homes thanks to the solar industry's rapid improvements and streamlined installation processes Reputable solar energy firms in Egypt provide turnkey solutions, simplifying the entire process for customers These solutions range from site assessment and system design to installation and maintenance The installation of solar rooftop projects is further guaranteed to be efficient and without hiccups by the availability of qualified solar installers and experts
Additionally, solar rooftop systems' modular design enables homeowners to start with a smaller installation and progressively expand it as necessary The ability to start their solar journey on a smaller scale and gradually add more capacity thanks to this flexibility makes it particularly tempting to individuals who are on a tight budget
The growing trend of household solar installations in Egypt is notable for its socioeconomic effects In addition to easing the burden on the national grid, the extensive use of solar rooftops has increased employment prospects in the renewable energy industry. A robust solar sector has emerged in the nation because of, an increase in demand for solar-related enterprises' goods and services
In conclusion, Egypt's growing popularity with rooftop solar systems is evidence of the country's dedication to environmentally friendly energy sources and preservation Solar rooftops have become an accessible and financially viable option for Egyptian homes looking to embrace clean and renewable energy because of the country's plentiful solar resources, welcoming policies from the government, and the simplicity of installation As the market for solar rooftops grows, it has the potential to completely alter Egypt's energy system and open the door to a greener, more sustainable future
SolarQuarter Unveils the Middle East and Africa's Top 40 Under 40 Solar Leaders
The Middle East has been a prominent player in the world's solar energy market in recent years Major solar countries in the area have been lending a helping hand to Egypt, growing its renewable energy sector and assisting the country's transition towards sustainability, thanks to their abundant sunshine and common dedication to renewable energy The phenomenon, which is frequently referred to as "solar diplomacy," is an example of how international cooperation may lead to positive change and speed up the widespread adoption of renewable energy
The main Middle Eastern participant in solar energy, Saudi Arabia, has played a significant role in assisting Egypt's solar energy goals The two nations have a strategic alliance that aims to improve their energy and economic relations The Public Investment Fund (PIF) of Saudi Arabia has made significant investments in Egypt's solar projects, giving crucial financial support for the development of substantial solar systems Along with accelerating Egypt's solar revolution, this investment has strengthened ties between the two countries and encouraged increased cooperation in other areas
Similarly to this, the United Arab Emirates (UAE) has engaged Egypt in solar diplomacy regularly. The UAE, which already ranks first in the world for solar power capacity, has been working with Egypt on several renewable energy projects. The combined construction of a 200 MW solar power plant in the governorate of Aswan is one of the noteworthy initiatives that resulted from this cooperation. This flagship project serves as a model for future collaboration amongst regional solar leaders and shows the potential of bilateral partnerships to promote the expansion of sustainable energy. Additionally, AMEA Power is spending $1 1 billion to create 500 MW each of wind and solar energy resources
Other solar-rich nations like Jordan have backed Egypt's solar goals as well Jordan has been sharing its knowledge with Egypt through its well-established renewable energy sector, giving Egypt helpful insights into the efficient integration of solar power into the national system Beyond the exchange of technical information, Jordanian businesses have been actively investing in Egypt's solar projects, thus fostering the expansion of the solar industry
Additionally, Egypt's solar diplomacy encompasses both regional and bilateral projects in addition to bilateral ones Cooperation between solar-producing nations has benefited greatly from the
efforts of the Middle East Solar Industry Group (MESIA), a significant regional group MESIA has played a key role in putting together conferences, seminars, and networking occasions that bring together stakeholders from Egypt and other solar-rich countries to exchange experiences, talk about difficulties, and look into possible collaboration opportunities
Major solar-producing nations' engagement in Egypt's renewable energy sector goes beyond simple altruism These countries are aware that there may be mutually advantageous commercial prospects as the demand for solar energy rises around the world They may diversify their energy investments while fostering regional alliances by funding Egypt's solar energy initiatives Additionally, these investments are consistent with their larger objectives of encouraging sustainable development and lowering carbon emissions
The use of solar diplomacy also has tremendous advantages for Egypt Large-scale solar project development is accelerated by having access to funds and knowledge from more advanced solar nations. Foreign investment strengthens the nation's infrastructure for renewable energy, lowering its dependency on fossil resources and enhancing energy security. Additionally, Egypt obtains access to cutting-edge solar technologies through these agreements, enhancing the effectiveness and affordability of its solar installations.
Solar diplomacy has an impact outside of the energy industry. Deepening international cooperation creates opportunities for expanded diplomatic cooperation and increased regional stability. Common objectives in renewable energy promote international trust and understanding, laying the groundwork for further partnerships in fields like water management, climate change mitigation, and sustainable development
In conclusion, solar diplomacy has been demonstrated to be an effective strategy for promoting the development of sustainable energy in Egypt Saudi Arabia, the UAE, Jordan, and other major Middle Eastern solar nations have aggressively backed Egypt's renewable energy development through investments, information exchange, and cooperative projects These relationships not only advanced regional alliances and broaden diplomatic cooperation but also hasten Egypt's solar revolution The Middle East will likely become more sustainable and linked as solar energy continues to play a crucial part in the region's energy transition
Egypt has become a pioneer in the field of renewable energy in recent years, particularly in utilizing solar PV technology. The country is now firmly on course to attain an impressive milestone of around 2 GW installed capacity of solar PV, demonstrating the success of the nation's deliberate efforts to diversify its energy mix and reduce dependency on fossil fuels This accomplishment not only shows Egypt's dedication to sustainable growth, but it also holds out hope for a more sustainable and environmentally friendly energy future Around 1,724 MW of installed capacity existed as of the 2022 calendar year, which includes a 20 MW CSP project in Kuraymat
The government started implementing several laws and incentives to encourage investments in renewable energy sources a few years ago, which marked the beginning of Egypt's road to becoming a solar energy superpower. This innovative strategy contributed to the large local and international investments in solar PV projects across the country
Egypt's enormous solar resource is one of the key elements in the country's success in ramping up solar PV capacity The nation is ideally suited for large-scale solar projects because it is located in the Sahara Desert, which receives enough sunlight all year round. Additionally, Egypt's pursuit of large-scale solar projects has become more and more economically feasible due to the worldwide market's declining prices for solar PV technology
Egypt has adopted a cooperative strategy, encouraging cooperation between the public sector, the commercial sector, and international organizations, to attain the challenging goal of 42% of power generation coming from renewable energy. Public-private partnerships have been essential in luring capital and expertise while speeding up the construction of solar projects around the country.
One notable instance is the Aswan-based Benban Solar Park, which has been recognized as one of the largest solar projects in the world. This enormous solar complex, which spans an area of over 37 square kilometers, is home to multiple solar PV installations created by various foreign and local businesses The park is evidence of Egypt's dedication to developing an inviting business climate for producers of renewable energy A 200 MW Kom Ombo Solar plant, which is only 20 km from Benban Solar Park, is another solar project that will go online in 2024 This solar plant is being developed by ACWA Electricity
While there have been numerous socioeconomic advantages associated with the expansion of Egypt's solar PV business Numerous employment has been created, local economies have been boosted, and communities near solar installations have benefited from the creation and operation of these projects.
Additionally, by switching to renewable energy, Egypt has lessened its reliance on expensive fossil fuel imports, enhancing energy security and promoting economic stability The country's energy resilience will rise as solar energy production increases, shielding it from the erratic nature of the world's energy markets
Egypt's commitment to solar power is not just a business decision; it also has environmental benefits. The country drastically lowers its carbon footprint and mitigates the negative consequences of climate change by producing electricity from clean and renewable sources. The switch to solar energy helps the world's efforts to reduce greenhouse gas emissions and uphold its obligations under the Paris Agreement
Egypt is inspiring other nations to follow as it steadily advances towards obtaining a 2 GW installed capacity in its solar PV sector Egypt is illuminating the road to a cleaner and more affluent energy future by fusing the tremendous potential of its solar resources with progressive legislation, public-private partnerships, and an unshakable dedication to sustainability
Not only is Egypt's progress towards a sustainable future with solar PV impressive, but it also serves as proof of the effectiveness of renewable energy in promoting socioeconomic advancement and reducing climate change Egypt has established itself as a pioneer in the global shift to a sustainable and environmentally friendly energy system with this outstanding example The nation is getting closer to a time when the sun's energy powers all of its progress, prosperity, and promise as it increases its solar PV capacity
Collaboration between nations has assumed a central role in the advancement of clean technology when sustainability and renewable energy are becoming increasingly important. The Middle East, which is renowned for having plenty of sunlight, has become a major player in the world's solar energy market. Major solar nations in the Middle East have been actively facilitating the transfer of solar technology to Egypt, which has helped the country's renewable energy sector flourish and advance a more sustainable future
Some of the world's top solar producers are located in the Middle East, including Saudi Arabia, the United Arab Emirates (UAE), and Jordan, all of which have made significant progress in implementing solar energy These countries have joined together to offer their knowledge and skills, helping the transfer of solar technologies to Egypt, in recognition of the potential of Egypt's solar revolution
Saudi Arabia has been at the forefront of supporting Egypt's solar ambitions thanks to its enormous solar capacity. The two nations have taken part in technology transfer projects through bilateral agreements and collaborations To create its mega-solar installations, like the Benban Solar Park in Aswan, Egypt has benefited greatly from Saudi Arabia's experience with large-scale solar projects The bilateral connections between the two countries have improved due to this cooperative endeavour, which has also sped up Egypt's solar transition
The transmission of solar technology to Egypt was greatly aided by the UAE, another Middle Eastern nation with a large solar resource The two countries have worked together on projects, research programs, and capacity-building efforts The UAE has made a substantial contribution to Egypt's knowledge of solar energy through exchanging expertise in solar project development, grid integration, and energy storage Such partnerships encourage a culture of shared learning and development in the renewable energy industry
Jordan has been actively involved in knowledge exchange and technology transfer with Egypt thanks to its well-established renewable energy sector Jordanian businesses have contributed their knowledge and best practices by investing in solar projects in Egypt This international cooperation has shown to be advantageous for both countries in their search for sustainable energy alternatives
The transfer of solar technology has an influence that goes beyond just bilateral ties By participating in regional organizations like the Middle East Solar Industry Association (MESIA), Egypt has made it easier for other solar-rich nations to network and share technology The conferences and activities organized by MESIA give Egypt a chance to gain knowledge from the experiences of other countries, access cutting-edge solar technology, and consider prospective collaborations in the field of renewable energy
The transmission of solar technology is revolutionary for Egypt The country can advance its renewable energy capacity by using the assistance of more advanced solar countries while avoiding the traps and difficulties encountered by early adopters The nation's solar installations can be made more effective and efficient with access to cutting-edge solar technologies, increasing their competitiveness in the worldwide market.
Transferring solar technology also helps Egypt improve its capacity and create local jobs As the nation develops its skills in the development and management of solar projects, it creates job possibilities for its residents This encourages residents to feel a sense of empowerment and ownership while also promoting economic progress Participating in the transmission of solar technology is consistent with the broader sustainability and climate change mitigation objectives of the Middle Eastern solar nations The demand for solar technologies and knowledge is anticipated to increase as more countries make the switch to renewable energy. By engaging in technology transfer, these countries may promote regional alliances and show-off their skills, which helps the Middle East become more sustainable and integrated
In conclusion, the cooperation between Middle Eastern solar states and Egypt in promoting solar technology transfer is an example of the effectiveness of long-term partnerships in stimulating the expansion of renewable energy sources These countries have expedited Egypt's solar revolution through information exchange, collaborative efforts, and collaborations, strengthening the nation's infrastructure for renewable energy and advancing a more environmentally friendly future Solar technology exchange supports the common objective of a more sustainable and climate-resilient Middle East while also helping Egypt and other countries in the region. Such partnerships pave the path for a brighter and cleaner future for all as solar energy continues to gain prominence in the global energy landscape.
To meet its rising energy needs and advance sustainable development, Egypt has recently emerged as a regional pioneer in embracing renewable energy, notably solar power With the government's proactive regulations and incentives creating a favorable climate for foreign investors to participate in the renewable energy industry, notably Solar PV, the country's solar investment landscape has been a beacon of attraction for foreign money
The government's dedication to the development of renewable energy sources is one of the major factors that has stimulated international investment in Egypt's solar sector The Egyptian government, realizing the need to diversify away from conventional fossil fuels, has set ambitious goals to increase the amount of renewable energy in its energy mix Due to this commitment, investors now have access to a stable and predictable policy environment, which lowers regulatory uncertainty and boosts investor confidence
The establishment of feed-in tariffs (FiTs) is one of the primary strategies used to draw in foreign investment FiTs provide solar energy producers with long-term contracts at fixed prices, assuring a consistent income stream for project developers. Because it provides enticing returns on investment, the government's FiT program has been crucial in launching the solar industry because it makes solar projects financially feasible and desirable to both domestic and foreign investors.
Additionally, the Egyptian government has set up Power Purchase Agreements (PPAs) with developers, ensuring the purchase of solar energy at specified prices for lengthy periods For international investors looking for secure and lucrative long-term prospects, PPAs offer revenue predictability and reduce risks related to fluctuating energy costs
The government has made great efforts to increase the ease of doing business for international investors in addition to favorable policy frameworks To lower administrative barriers and shorten project development times, administrative changes and streamlined procedures for licenses and approvals have been introduced These actions show Egypt's dedication to cultivating an atmosphere that is welcoming to investors and strengthen the allure of the nation as a location for investments
Another essential step in luring outside funding was the creation of the Egyptian Solar Energy Development Fund (SEDF) The SEDF offers grants, loans, and equity investments to support renewable energy initiatives financially Foreign investors' engagement in the solar industry will be more alluring if they can use the fund to acquire extra financing and lower financial risks To address concerns related to foreign currency exchange, the Egyptian government has also introduced provisions to allow investors to repatriate their profits and dividends This measure provides reassurance to international investors about the ease of transferring funds in and out of the country, fostering a more favorable investment climate
The various large-scale solar projects that have been established in Egypt are proof of the success of the country's solar investment environment Egypt's appeal as a solar energy investment location is attested to by initiatives like the previously mentioned Benban Solar Park With its enormous capacity and sizeable foreign investment, the Benban Solar Park serves as an example of the potential for successful and long-lasting solar projects in Egypt The historic 500 MW wind and 500 MW solar projects, announced by AMEA Power, would inject US$1.1 billion into the Egyptian economy and bring the company's clean energy portfolio in that nation to 2 GW.
The Egyptian solar revolution has not only attracted foreign investment but also opened doors for the exchange of information and technology. International firms that invest in the Egyptian solar industry bring cutting-edge technology, knowledge, and best practices with them, which can help local businesses and employees. This knowledge exchange helps Egypt's indigenous renewable energy sector grow and flourish, building a selfsustaining environment for future growth
Finally, Egypt's solar investment environment has been successful in luring foreign investment, fuelling the nation's solar revolution, and advancing sustainable development International investors have been drawn to the Egyptian solar industry thanks in large part to the government's commitment to renewable energy, the introduction of enticing policies like feed-in tariffs and Power Purchase Agreements, and the creation of the Solar Energy Development Fund The nation advances a greener, more sustainable future while also enjoying economic growth and job creation as it continues to utilize solar energy and other renewable sources
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EXCELLENCE IN TECHNOLOGY LEADERSHIP
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The Solarquarter Power 50 is an annual ranking that recognizes the top 50 influential individuals and organizations in the solar power industry. This list celebrates leaders, innovators, and game-changers who have significantly impacted the solar energy sector. These influential figures come from diverse backgrounds, including solar technology companies, renewable energy advocacy groups, research institutions, and government bodies. Their collective efforts have helped advance solar energy adoption, shape policies, and drive innovation in the renewable energy space. The Solarquarter Power 50 serves as a valuable resource for tracking the movers and shakers in the solar power industry, highlighting their contributions to the global transition towards sustainable and clean energy sources
SERVICE EXCELLENCE AWARDS
BEST SERVICE PROVIDER OF THE YEAR: ASSET MANAGEMENT TURNKEY
JUWI
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Solarcentury Africa
BEST TEAM PERFORMANCE OF THE YEARAFTER SALES SUPPORT
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Arnu Fourie
COO OF THE YEAR
Sakkie van Wijk
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Greyson Onesmo Metili
O&M LEADER OF THE YEAR
Obed Dube
RENEWABLE ENERGY IMPACT LEADER OF THE YEAR
Penny Mkhize
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SOLAR MARKET OUTLOOK: SOUTHERN AFRICA2023
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