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Elite Solar breaks ground on USD 150 mn solar panel factory in TEDA
The 78k sqm facility will produce N-type solar cells with a 2 GW production capacity
Green finance, solar, and recycling updates from Turkey, Egypt, Morocco, and the UAE
Stories on our radar this morning from around the region
Acadia to launch USD 9 bn renewables initiative in the US
The company will develop 5 GW of renewables projects across the US
Taqa Arabia + Somabay launch their solar-powered desalination plant
The two parties also signed the contract to develop the second phase scheduled for completion within six months
EBRD extends an equity bridge loan to Scatec for Tunisian solar plants
The loan will support the construction and operation of two 50 MW solar plants in Tunisia
TotalEnergies + OQAE partner on 300 MW renewables projects
The projects include one solar and two wind facilities
India mandates use of local solar cells in gov’t projects to break Chinese dependence
The rule was already implemented for solar PV modules
Gigatons and Hearst to build the UAE’s largest solar-powered cryptocurrency mining farm
The JV partnership and regulatory approvals will be finalized by the end of 2024
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