Palestinians uncertain as FIFA, UEFA step in to save soccer pitch from Israeli demolition    House panel votes to hold Clintons in contempt in Epstein probe    Trump backs off tariffs threat, says Greenland deal framework reached    Saudi Arabia signs agreement with World Economic Forum to accelerate industrial transformation    Over 78 million faithful visit Two Holy Mosques in a month    Saudi FM meets British, French counterparts in Davos    Northern Saudi cities record coldest temperatures of winter as mercury drops to –3°C    Arab coalition condemns deadly attack on Giants Brigades commander in Yemen    Sha'ban crescent sighted Tuesday    Saudi POS transactions reach 236 million, SR4bn in one week    Al-Khateeb highlights Saudi-UN partnership to shape quality of life in future cities    122 million tourists spend SR300 billion in Saudi Arabia in 2025    Italian fashion legend Valentino dies at 93    Saudi orchestra brings 'Marvels of Saudi Orchestra' to AlUla with 107 musicians    Katy Perry makes Saudi debut at Joy Awards, praises Saudi design and hospitality    Hail wins Guinness World Record with largest off-road production cars convoy    SFDA approves registration of 'Anktiva' for treatment of bladder and lung cancer    Saudi Darts Masters 2026 to offer record $200,000 prize for nine-dart finish    Al Taawoun condemn "repeated refereeing injustice" after late penalty defeat    British boxer Anthony Joshua discharged from hospital after Nigeria car crash    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    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.