SOLAR-
#1- Dubai-based Grandweld Shipyards is on track to meet 100% of its energy needs through solar power next year, General Manager Jamal Abki told Zawya Projects. Hitting the target will make Grandweld the first shipyard providing shipbuilding, ship repair, and engineering solutions in the region to adopt solar energy on a large scale.
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The details: The company’s rooftop solar project is being rolled out in two phases. The first phase — currently operational with a capacity of 569 KW — covers 50% of Grandweld’s energy requirements. The second phase — set for completion in 2025 — will bring the total generation capacity to 1.3 MW, powering the facility entirely with solar energy.
#2- Solar Wadi awards solar EPC contract for AOU project: Omani renewable energy firm Solar Wadi has awarded an Engineering, Procurement, and Construction (EPC) contract to Omani EPC contractor Nafath Energy for a 2GWh solar project at the Arab Open University (AOU), Oman Daily Observer reports.
Solar Wadi and AOU first joined forces in April: Solar Wadi first signed the 1.1 MWp solar PV agreement with AOU in April to develop, fund, and run the plant, with AOU acting as the off-taker. The generation capacity was reported to be over 1.8 GWh at the time. The project is expected to reduce 720 tons of CO2 annually.
About Solar Wadi: Solar Wadi is an independent Omani energy companies that invest in “build, own, and operate” renewable energy projects. The company was set up by pension funds and local and international investors, and it is majority-owned by Omani shareholders. Over the past 20 years, Solar Wadi has made over EUR 5 bn worth of renewables investments.
OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-
- Acwa launches coral reefs restoration initiative: Acwa Power has inked an agreement with the G20 Coral Research and Development Accelerator Platform to fund research initiatives and projects working on coral reef preservation and restoration globally. The three-year USD 3 mn Acwa Power Coral Spark initiative will fund projects that map pollution and assess risks and support capacity-building programs in partnership with the Energy and Water Academy. (Spa)