solar power

Opinion

Opinion: Innovation in Dubai − How solar became the city’s next record-breaker

21/09/2016

Dubai is a city with ambition and a reputation for breaking records. While the United Arab Emirates (UAE) has become synonymous with oil, much of Dubai’s growth has, in fact, been driven by large investments in construction and real estate. The city built the world's largest artificial islands, the world’s tallest hotel and recently announced plans to build a new tower in Dubai to surpass the world's current tallest building. It has even announced plans to construct the world’s first 3-D printed building. With this in mind, it’s perhaps no surprise that when Dubai turned its attention to the renewables sector, its ambitions were never going to be modest.

Renewables/Energy Transition

Floating solar power sector has “considerable” bank support

09/08/2016

A major bank’s decision to throw its weight behind a floating solar power scheme shows the sector is rich with commercial potential, bosses at engineering consultancy OST Energy said. OST acted as technical adviser for Royal Bank of Scotland (RBS) during the early stages of the project to bring Europe’s largest floating photovoltaic solar project to financial close earlier this year. The 6.3 Megawatt peak (MWp) array, installed by Lightsource Renewable Energy, is the first project of its kind to secure European bank financing.

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