Belectric and Sun & Life are building Saudi Arabias largest solar power plant in Dhahran.
Renewables
Masdar gets solar plant financing
Masdar succeeded in getting US$615mn in financing from banks for the worlds biggest concentrated solar power plant (CSP).
Solar cell material manufacturing plant for Saudi Arabia
Polysilicon Technology Co. (PST) signed an engineering, procurement and construction contract to set up a polysilicon plant in Jubail to manufacture solar-energy cell material.
New era for renewable energy in the Gulf region
The signing of the Shams 1 solar power project financing in the UAE last month has opened the way for a burgeoning in renewable energy in the Gulf, said Standard & Poors Ratings Services in a new report.