Qatar Solar Technologies (QSTec) and Energy City Qatar (ECQ) have signed an MOU, which will see ECQ implement solar panels and technologies into its upcoming developments. Trade Arabia noted that this agreement will help ECQ meet the national building standards, including QSAS and silver and gold LEED certifications. The MOU outlines that QSTec will start by manufacturing high quality, solar grade polysilicon.
Solea Renewables recently signed a turnkey contract with Cronimet Energy South Africa, a subsidiary of Cronimet Mining Energy, in which it will deliver the first off-grid utility scale PV system in South Africa. Solea will also be responsible for the engineering, procurement and construction of the 1MW turnkey plant on CESA’s site, which will help power the company’s mining operations.
Qatar Solar Technologies (QSTec) has secured financing for the construction of its US$1 billion polysilicon manufacturing plant from local bank Masraf Al Rayan.
American-based company Petra Solar has announced that it will install 5MW solar energy across a number of locations in Bahrain. The company is collaborating with the National Oil and Gas Authority (NOGA), Caspian Energy Holding and the Bahrain Petroleum Company (BAPCO).
Qatar Solar Technologies and Qatar Electricity and Water have signed a Memorandum of Understanding (MoU) to develop solar power in Qatar. QST is currently constructing a US$1.1 billion polysilicon manufacturing plant in the Ras Laffan Industrial City in Qatar.
Following Saudi Arabia’s revelation of a US$109 billion plan to create a solar industry in the country that will produce a third of its electricity within the next twenty years, Five Star Equities has released reports on the potential outlook for companies in the solar industry, including First Solar and SunPower.
Gestamp Renewable Industries, a division of Gonvarri Steel Industries, has established its presence in the South African Renewable Energy components market by signing new joint venture agreements between its Gestamp Wind Steel and Gestamp Solar Steel divisions and South African industrial partners.
According to a report by Bloomberg, Angola has revealed its plans to invest in around 130 solar projects. The solar installations will help power schools and health centres as reported by Agencia Angola Press. Energy Minister Joao Baptista Borges noted that solar power equipment suppliers may benefit from tax incentives.
Solarhybrid Israel, subsidiary of Solarhybrid, recently sold 201MWp of project rights, which it originally bought in January for US$2,391,705, to Summit Energy of Israel. Under the agreement, current liabilities of Solarhybrid Israel amounted to US$398,617.50, while earn-out-payments in connection with the acquisition of the project rights totaled US$5,580,645.
Canadian Solar has established a new reseller program for its products in the EMEA region. The Authorized Reseller Program will allow companies registered with Canadian Solar to offer the company’s solar product range in the region, and will also enable them to avail of further features such as technical product training and professional sales and marketing support.
