Saudi Arabia voices regret over fatal shooting in Sweden    Saudi Arabia's population crosses 35 million, with non-Saudis constituting 44.4%    Israel minister tells army to plan for Palestinians leaving Gaza    Heading into a new journey, JAECOO J8 is shaking up the luxury off-road market    Al Rajhi Bank announce a strategic partnership with MuhideFinTech Platform to authenticate and govern SMEs' trade finance transactions    India 'engaging with US' after shackled deportees spark anger    Sweden mourns after deadliest shooting as gunman details emerge    Indian media pile into lawsuit against OpenAI chatbot ChatGPT    Argentina says it will pull out of WHO, mirroring Trump's move last month    Waitangi Day: Thousands gather in NZ with Māori rights in focus    MoH summons person for spreading misinformation that ginger causes strokes    GEA hosts mass wedding of 300 couples at "Night of a Lifetime" celebration during Riyadh Season 300 cars and housing as gifts for the newlyweds    Food Culture Festival kicks off in Riyadh's Diplomatic Quarter    Saudi Arabia to present 'The Um Slaim School: An Architecture of Connection' at Biennale Architettura 2025 Syn Architects explore Riyadh's architectural heritage, fostering new pedagogical approaches and global dialogue    Al Hilal reclaims top spot in AFC Champions League Elite with 4-1 win over Persepolis    Billionaire philanthropist Aga Khan dies    Royal Decree Enhances Integrity and Recovers Public Funds    Al Ahli extends unbeaten run with 3-1 comeback win over Al Sadd in AFC Champions League Elite    Cristiano Ronaldo scores twice as Al Nassr thrashes Al Wasl 4-0 in AFC Champions League Elite    Grammy Awards 2025: Beyoncé wins best country album    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Masdar builds four new UAE-funded solar projects in Pacific island nations
Published in The Saudi Gazette on 31 - 12 - 2014

ABU DHABI — The construction of four new solar-power projects in the Pacific island countries of Kiribati, Fiji, Tuvalu and Vanuatu has started, Abu Dhabi's renewable energy company Masdar announced on Thursday.
Financed under the Abu Dhabi Fund for Development's $50 million UAE-Pacific Partnership Fund, the solar projects seek to deliver 1.8 megawatts of clean energy and contribute to fuel savings worth US$2 million per year. Completion of the projects is expected by the second half of 2015.
The projects highlight Masdar's role in the region, where the Abu Dhabi renewable energy company has already delivered the La'a Lahi 'Big Sun' solar plant in Tonga, commissioned in November 2013, and Samoa's first wind farm, commissioned in August 2014. Both projects were also financed through the UAE-Pacific Partnership Fund.
“Access to clean energy is a pathway toward economic and social development,” said Dr. Ahmad Belhoul, CEO of Masdar. “For Pacific islands, which rely on imported fuel for electricity generation, renewable energy provides a viable alternative. In fact, wind and solar power projects deliver immediate savings, while underpinning long-term energy security.”
The $50 million UAE-Pacific Partnership Fund was launched in March 2013 by Sheikh Abdullah Bin Zayed Al Nayhan, United Arab Emirates' minister of foreign affairs, and administered by the ministry's Directorate of Energy and Climate Change. The fund covers the full project development spectrum, from feasibility studies through to operation and maintenance training. Grants are untied, enabling local companies to participate.
To date, the fund has supported the delivery of 2.8 megawatts of renewable energy capacity across six countries in the region. The benefits in being able to generate reliable and cost-competitive clean energy are significant for a region otherwise dependent on expensive imported diesel.
The six projects collectively replace 1.5 million liters of imported diesel fuel and avoid 4,450 tons of CO2 each year.
“The UAE-Pacific Partnership Fund demonstrates the tangible benefits that renewable energy offers all developing countries,” said Mohammed Saif Al-Suwaidi, director-general of the Abu Dhabi Fund for Development. “Today, renewables are cost-effective and offer real solutions for growth across the Pacific.”
The Pacific projects further expand the UAE's efforts to deploy renewable energy as a form of development assistance, which include:
• A $350 million fund committed by Abu Dhabi Fund for Development in collaboration with the International Renewable Energy Agency (IRENA) that has sponsored projects from Ecuador to Sierra Leone;
• A15-megawatt solar photovoltaic power plant in the Islamic Republic of Mauritania, which accounts for 10 percent of the country's energy capacity;
• A six-megawatt wind farm in the Republic of Seychelles that powers more than 2,100 homes (funded by ADFD); and
• A project in Afghanistan that supplies 600 residences with off-grid solar photovoltaic systems. — SG


Clic here to read the story from its source.