All funds in place for 1.5-GW Al Ajban solar project in Abu Dhabi
Sep 18, 2024 8:34 CESTConstruction has been launched on 2.35 MW of solar photovoltaic (PV) plants in the Bahamas, Barbados and Saint Vincent and the Grenadines, it was announced on Tuesday.
The projects are part of the USD-50-million (EUR 43.8m) United Arab Emirates-Caribbean Renewable Energy Fund (UAE-CREF) that was set up in January to support renewable energy projects in the Caribbean over the next three years. Those are the first three projects from the entire portfolio, covering 16 countries, that enter construction, the UAE Ministry of Foreign Affairs and International Cooperation (MOFAIC) said in a press release.
The three solar projects include a 900-kW carport PV array with an electric vehicle (EV) charging station at the national stadium in the Bahamas, a 350-MW solar carport, also with an EV station, and a 500-kW ground-mounted PV facility in Barbados. The third scheme envisages the construction of 600-kW solar plant in Saint Vincent and the Grenadines, to be connected to a 500-kW battery storage facility, covering the entire island’s power demand during the daytime.
The plants, designed by Masdar and the respective national governments, are planned to be switched on by the first quarter of 2019.
UAE-CREF is being fully financed by the Abu Dhabi Fund for Development (ADFD). The initiative is a partnership between MOFAIC, ADFD and renewables developer Masdar.
(USD 1.0 = EUR 0.876)
All funds in place for 1.5-GW Al Ajban solar project in Abu Dhabi
Sep 18, 2024 8:34 CESTSingapore's Gstar plans 2-GW solar module factory in UAE
Aug 30, 2024 9:39 CESTIberdrola inaugurates 496-MW Saint-Brieuc wind farm offshore France
Sep 19, 2024 16:25 CESTNacap to build hydrogen pipeline for AGA’s Aussie green ammonia project
Sep 19, 2024 16:03 CESTKKR fund increases tender offer price for Greenvolt
Sep 19, 2024 15:32 CESTStatkraft connects 44.5-MW solar farm to grid in Spain
Sep 19, 2024 15:28 CEST