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
 Oct 1 2016 - Successful conclusion of the 16th GoforIsrael - China - Israel Investment Summit Forum in Shanghai Jointly Held by China Everbright Limited & Its Israeli PartnersMENAFN Press
(MENAFN Press) HONG KONG, Sept 30, 2016-(ACN Newswire)-China Everbright Limited ("CEL", stock code: 165.HK) along with CEL- Catalyst China Israel Fund ("CCF"), Cukierman & Co. Investment House ...

 Oct 1 2016 - Saudi economic growth hits slowest rate in Q2MENAFN
(MENAFN) Government data showed that Saudi Arabia's economy grew at its slowest rate in more than three years between April and June.Also, growth has been weakening since early 2015 as cheap oil ...

 Oct 1 2016 - New regional deadline in Gulf States by 2021MENAFN
(MENAFN) UAE's Minister of Infrastructure confirmed that the six Gulf countries have agreed in principle to push back the completion date of a 2,100 kilometer transnational rail network stretching ...

 Oct 1 2016 - Libya: EU renews sanctions for six monthsMENAFN Press
(MENAFN Press) Libya: EU renews sanctions for six months On 1 April 2016, the Council added three persons to the list of people subject to EU restrictive measures against Libya BRUSSELS, Belgium, ...

 Oct 1 2016 - GCC mobile transactions higher by 4% in H1 of 2016MENAFN
(MENAFN) A new study showed that the shares of mobile transactions in the GCC at 43% in higher than the global average by 4%.Also the report has provided insights into consumer shopping habits and ...

 Oct 1 2016 - IPC® Early Childhood Education Teacher Training Programs Gain MomentumMENAFN Press
(MENAFN Press) Dubai: The September session of the IPC Early Childhood Level 2 and Level 3 teacher training programs have received an overwhelming response and teacher participants are on their way ...

 Oct 1 2016 - His Highness Sheikh Dr. Sultan Al Qasimi: Foreign Direct Investment Creates Real WealthCulture, Art and Literature'MENAFN Press
(MENAFN Press) Message given by His Highness the Ruler of Sharjah at opening of second Sharjah FDI Forum Sharjah, UAE, September 28, 2016:‘Foreign direct investment leads not only to ...

 Oct 1 2016 - Dubai Health Authority marks World Heart Day 2016MENAFN Press
(MENAFN Press) Dubai, UAE, September 29, 2016:His Excellency Humaid Al Qatami, Chairman of the Board and Director-General of the Dubai Health Authority (DHA), inaugurated today the DHA";s World ...

 Oct 1 2016 - Post Offices will remain closed on Islamic New Year holidayMENAFN Press
(MENAFN Press) Dubai, UAE, September 29, 2016: Emirates Post Group has announced that all post offices in the UAE will remain closed on the occasion of Al Hijri Islamic New Year on Sunday, October ...

 Oct 1 2016 - Strategic New Leadership for Abu Dhabi-based Royal JetMENAFN Press
(MENAFN Press) Abu Dhabi, UAE, September 29, 2016: Royal Jet, the Middle East";s foremost private charter company, has appointed a new leader to pilot the latest chapter in its pioneering history. ...

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