Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE ranks third in concentrated solar power 'technology investment  Join our daily free Newsletter

MENAFN - Khaleej Times - 05/06/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Khaleej Times) The uae now ranks only behind spain and the united states in total csp generation; india and china round out the world?s top five.

masdar’s shams i concentrated solar power (csp) plant in abu dhabi catapulted the uae to its new ranking as third amongst the world’s nations in both 2013 csp technology investment and total csp capacity.

the uae now ranks only behind spain and the united states in total csp generation; india and china round out the world’s top five. the rankings were recently unveiled in a report by ren21 an international multi-policy stakeholder network that promotes a rapid global transition to renewable energy.

according to ren21 the 100mw csp plant in abu dhabi’s western region is one reason why csp’s growth in emerging markets almost tripled during 2013. although spain and the us are still by far the market leaders in csp investment in this technology is accelerating most rapidly in regions that receive high amounts of daily sunshine or in high direct normal irradiation (dni). worldwide since 2004 global csp capacity has increased 10-fold and last year surged 36 per cent to a total of 3.4gw of energy generated.

while this industry continues to grow it is also marked by the use of a more standardised design. csp plants in the past decade have incorporated several designs and technologies over the past years but in 2013 all newly constructed csp plants used the parabolic trough design which is in use by shams 1. overall trends in the industry are favoring larger plants to take advantage of economies of scale as in the case of the shams 1 plant one of the largest csp plants worldwide.

“we’re pleased to see how high the uae ranks worldwide in renewable energy generation given the country’s commitment to sourcing more sources of secure and safe energy” said yousif al ali general manager of shams 1 power company. “and the numbers bear fruit: since its launch shams 1 has been generating enough power to electrify 20000 homes in the uae and displaces 175000 tonnes of carbon annually.”

— business?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Dec 9 2016 - UAE packaging paper industry to grow by 5pctMENAFN
(MENAFN) UAE paper and packaging industry is increasing fast in the MENA region, reaching a market valued at USD2.3bn and will remain an annual growth rate of 5 percent till 2019.Meanwhile, Paper ...

 Dec 9 2016 - Qatar aims USD13bn investment in infrastructure projectsMENAFN
(MENAFN) Qatar is ready to pump almost USD13bn on mega infrastructure projects in the country in the coming year with a main focus on projects related to the FIFA World Cup 2020.Moreover, the country ...

 Dec 9 2016 - GCC, UK confirm to make closer tiesMENAFN
(MENAFN) A mutual summit between GCC leaders and British Theresa May confirmed to launch the GCC-UK Strategic Partnership to enhance relations in all fields.Moreover, UK will spend more than 3bn euro ...

 Dec 9 2016 - Qatar expected to have 912,000 cars by 2020Gulf Times
(MENAFN - Gulf Times) The number of passenger cars in use in Qatar is expected to reach about 912,000 units by 2020, registering the highest annualised growth of 5.4% in the Gulf Co-operation Council ...

 Dec 9 2016 - Prime Minister condoles with Moroccan PMGulf Times
(MENAFN - Gulf Times) HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani held a telephone conversation with the Prime Minister of Morocco Abdelilah Ben ...

 Dec 9 2016 - Qatar believes in protecting religious freedom: MinisterGulf Times
(MENAFN - Gulf Times) HE the Minister of State for Foreign Affairs, Sultan bin Saad al-Muraikhi chaired Qatar's delegation to the Ninth Bali Democracy Forum, which kicked off in Bali, Indonesia, ...

 Dec 9 2016 - Qatar- Commercial Bank participates in prestigious CSR conferenceGulf Times
(MENAFN - Gulf Times) Commercial Bank, Qatar's first private bank, has participated at the annual Corporate Social Responsibility (CSR) Conference for organisations in Qatar. The CSR Conference, ...

 Dec 9 2016 - Qatar- Prime Minister honours persons with disabilitiesGulf Times
(MENAFN - Gulf Times) HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani attended a ceremony held by national institutions to support persons with ...

 Dec 9 2016 - MEC recalls KIA Optima 2016 modelGulf Times
(MENAFN - Gulf Times) The Ministry of Economy and Commerce (MEC) has announced a recall of Kia Optima, model year 2016, due to a noise in the right front axle drive shaft. The recall is being ...

 Dec 9 2016 - Qatar- Ooredoo urges public to download 'Inland Sea' applicationGulf Times
(MENAFN - Gulf Times) Ooredoo has urged those who travel or camp at the Inland Sea to download its recently-updated desert navigation app as the camping season comes to full swing. The ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help