uae’s solar sector shines bright
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

UAE’s solar sector shines bright

Arab Today, arab today

Arab Today, arab today UAE’s solar sector shines bright

UAE’s solar sector shines bright
Abu Dhabi - WAM

At a time when the need for clean energy is felt across the globe, the UAE’s model for sustaining a green economy based on environmental sustainability is a trendsetter, commented a UAE daily.

In an editorial on Wednesday, The Gulf Today said, "The UAE has seen rapidly rising electricity consumption at an annual rate of 5% over the past five years, propelled by strong economic activity, a rising population and industrialisation.

"Solar power has the potential to provide most of the country’s electricity demand. Thanks to strong governmental support, the solar sector is now shining brightly," added the editorial comment.

As per a report by the Energy Research Department of the Arab Petroleum Investments Corporation, APICORP, the UAE has a nationwide strategy that has a target of reaching 50% clean energy by 2050. Solar power features heavily in its plans and is expected to account for 25% of the generation mix once a 5GW solar park is fully commissioned in 2030.

According to APICORP’s estimates, the UAE needs to invest at least $35 billion to meet the 17GW addition to capacity that is needed over the medium term. The diversification efforts have already born fruit, with at least 10.4GW of new capacity already under execution.

Abu Dhabi’s Barakah nuclear power plant will see four reactors come on line before 2020, contributing 5.6GW in total and representing 41% of new capacity between 2017 and 2023. Gas and coal will represent 21% and 18%, respectively, while solar PV and CSP projects are expected to account for 20 per cent of the UAE’s new capacity.

The first local concentrated solar power project, costing $600 million, was the 100MW Shams CSP plant in the Al Dhafra Region of Abu Dhabi, which has been operational since 2014.

In Dubai, the 13MW Phase I of the Dubai Solar Park was the first PV project completed in 2013. The 200MW Phase II came online in early 2017. Phase III was awarded to a consortium led by Masdar earlier this year with plans to bring 800MW on line by 2020.

"In effect, the UAE’s journey towards clean energy offers a sparkling model for other countries to draw important lessons from," concluded the Sharjah-based daily.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uae’s solar sector shines bright uae’s solar sector shines bright

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

uae’s solar sector shines bright uae’s solar sector shines bright

 



GMT 08:53 2015 Monday ,06 July

Lancôme to release its Trésor Midnight Rose

GMT 23:56 2018 Monday ,22 January

Speaker affirms parliamentary diplomacy key role

GMT 03:22 2017 Saturday ,16 December

Spirit of Paris continues in Bonn

GMT 19:13 2017 Monday ,11 December

Bahrain Bourse daily trading performance

GMT 07:11 2017 Tuesday ,07 March

Trump launches revised travel ban

GMT 09:15 2011 Friday ,14 October

Tips to make your skin glow

GMT 05:57 2017 Tuesday ,28 March

Asianet News sets Guinness World Record

GMT 21:04 2017 Thursday ,05 October

Switzerland committed to fully support Egypt

GMT 14:53 2016 Wednesday ,07 December

Saudi flashpacker to chronicle his travels in new show

GMT 17:43 2016 Monday ,07 November

Saudi stocks gain 11.8% since global bond issue

GMT 16:07 2017 Monday ,06 March

Egyptian oil min. meets with Canadian officials

GMT 22:43 2017 Tuesday ,02 May

UAE, Russia consider strategic partnership
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday