Saur Energy (Middle East)

#Turkey announced plans to #invest $100 billion in #renewableenergy by 2035. Energy Minister Alparslan Bayraktar outlined this during the Turkish-German Energy Forum. The plan aims to transition the country to a carbon-neutral economy by 2053. #middleeast

How #MiddleEast Is Taking Concentrated #Solar At New Heights #Renewableenergy is a trending topic in the #energy world, and #solarenergy has emerged as the leading source of #greenpower so far. While various technologies have evolved and are being used to harness infinite solar power, concentrated #solarpower (CSP) is among the most widely used technologies worldwide, especially in regions with high solar #irradiance, such as the Middle East.

Chinese electric vehicle (EV) company BYD has launched a new sodium-ion battery energy storage system (BESS) product, called the MC Cube-SIB ESS. The product uses BYD’s proprietary Long Blade #Batterycell and has an #energystorage capacity of 2.3MWh. #middleeast

The Principal Buyer | Saudi Power Procurement Company (SPPC) has named 11 developers eligible to participate in the sixth round of #renewableenergy projects. These projects are part of the National Renewable Energy Program (NREP), led by the Ministry of Energy. #middleeast #solarenergy

Egypt’s push for #renewableenergy has been ongoing for several years, with a focus on reducing the country’s #reliance on #fossilfuels. As part of this effort, Onasolar, an Egyptian #solarenergy company, has been working on several solar energy projects. The company’s current projects, totaling 144 megawatts, are expected to be completed by the end of the first half of 2025 boosting #middleeast target of net zero emissions.

Jinko Power Technology Co., Ltd. has reached financial close for the 400-megawatt (MW) Tabarjal Solar Photovoltaic Project. This means that construction on the project can now begin. The company has secured long-term, non-recourse project financing from #RiyadhBank and #APICORP. The Tabarjal project will be located in the AlJouf Province, approximately 17 kilometres northeast of Tabarjal, #SaudiArabia. #middleeast #solarenergy #renewableenergy

GlassPoint, Inc, a company that specializes in decarbonizing industrial process heat, has announced plans to build the world’s largest industrial #solar thermal project in #SaudiArabia. The project, called Maaden I, will be built in partnership with Saudi mining company #Maaden and #Spanish utility company #Cox.

L'Oréal, a leading beauty company, has achieved 100% #renewableenergy across its operated sites in the South Asia Pacific, Middle East & North Africa (#SAPMENA) Zone as of end-2023. This includes all factories, distribution centers, administrative offices, and a #research & #innovation center within the Zone.

The Kingdom of Saudi Arabia, #MiddleEast has revealed its 2025 budget plan, which includes a hefty allocation for the energy sector. The plan sets aside 87 billion Saudi riyals ($23 billion) for the #Economic Resources Sector, encompassing #energy, mining, and #industry.

The #Solar Rush In #Pakistan The ‘undocumented’ rise of solar in Pakistan has seen it emerge as possibly the sixth largest solar market in the world today. Unlike other markets, solar in Pakistan has hardly brought plaudits for the government, which has been indifferent or hostile to solar growth even.