Middle East

Qatar Investment Authority (QIA) has acquired 42,604,601 shares from Adani Green Energy’s promoter Infinite Trade and Investment at a price of INR 920 per share.

Airtouch Solar will supply and install its dry-cleaning robots for PV panels in ReNew projects. It will also provide operation and maintenance support for 25 years.

C4V, a New York-headquartered lithium-ion cell technology company, has tied up with UAE-based Trot Solutions to develop green ports in India. The alliance has started to discuss with the port operators for its first green port project at Jawaharlal Nehru Port Terminal in India. 

Brenmiller and Waaree will jointly explore, develop, and deploy solar-powered thermal energy storage projects in India.

PVH’s manufacturing facility in Jeddah will supply solar trackers to Larsen & Toubro for the 2.97 GWp PV project in the NEOM region of Saudi Arabia.

SolarEdge has released new optimizers for residential PV applications with a DC power rating of 500 W, a maximum efficiency of 99.5%, and a weighted efficiency of 98.6%. The optimizer for commercial and industrial applications offers 1.4 kW of rated DC power.

India has retained its crown as the most attractive market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. 

Cliantech Solutions will supply and execute 600 MW turnkey PV panel production line for Dubai-based Magnus Green Solar.

DEWA said it will announce the preferred bidder for the 1,800 MW 6th phase of the Mohammed bin Rashid Al Maktoum Solar Park in the third quarter of this year.

Larsen & Toubro (L&T) is set to begin constructing the renewable energy generation, storage, and grid infrastructure for the green hydrogen production facility in Saudi Arabia, as it has made significant progress from design to procurement.