Renewables

‘GCC solar energy firms must be prepared for VAT’

VAT SolarCompanies must prepare themselves for the ‘massive changes’ that the introduction of the VAT is bringing to the GCC region, warns Michael Vaughan, director of tax at Grant Thornton UAE

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Yellow Door Energy to install solar PV plant at Elcome’s headquarters in Dubai

rooftop patrickmoore sxc.huYellow Door Energy (YDE), a Dubai-based firm that invests in and operates distributed solar and energy efficiency assets, has announced that it will begin the installation of a 311kWp rooftop solar PV plant at Elcome’s headquarters located in Dubai Investments Park

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EBRD and Proparco sign first projects under Egypt Renewable Energy Framework

1395259124320EBRD and Proparco have committed US$58mn each for two 50MW solar PV power plants in Egypt’s Aswan Province

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Masdar and Oman join hands to build first large-scale wind farm in GCC

dhofarwind SergioAAbu Dhabi’s renewable energy company, Masdar, has signed an engineering, procurement and construction (EPC) contract with a global consortium comprising GE and Spain’s TSK to build the Dhofar Wind Power Project in Oman, the first large-scale wind farm in the GCC

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Deal for largest solar storage project signed in Jordan

solar Jordan 3444753Jordanian PV manufacturer Irbid District Electricity Company and EPC Philadelphia Solar are developing a 11MW generation site, which will be paired with a 12MWh lithium-ion battery, which will perform peak shaving and load shifting duties to support the grid during daytime hours

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