MENA solar energy

Petra Solar, Enviromena Launch Solar Energy-Smart Grid Systems Project Alliance at Abu Dhabi’s World Future…

Developer of an innovative distributed solar energy-smart grid system, New Jersey’s Petra Solar has struck up an alliance with Abu Dhabi solar energy project developer Enviromena Power Systems to develop integrated solar energy-smart grid systems across the Middle East-North Africa (MENA) region.The announcement was made in Abu Dhabi, where renewable energy industry participants from around the globe are gathered for this week’s World Future Energy Summit.

World Bank Group Co-Finances Morocco’s Ouarzazate 500 MW Solar Thermal Power Project

The World Bank Group is providing $300 million in loans to co-finance Ouarzazate, a 500 MW Concentrated Solar Power Plant that would be one of the largest in the world upon completion. The World Bank Group’s IBRD and Clean Technology Fund are members of a public-private partnership with the Moroccan Agency for Solar Energy that also includes includes four international lenders from Europe and Africa.