Financing secured for 2GW Al Dhafra solar project in Abu Dhabi

first_imgFinancing secured for 2GW Al Dhafra solar project in Abu Dhabi FacebookTwitterLinkedInEmailPrint分享Gulf News:The funding is now in place for the world’s biggest solar power project, being built in Abu Dhabi. The 2 GW project in Al Dhafra has received financing from seven international banks.TAQA (Abu Dhabi National Energy Company) is developing the plant along with Abu Dhabi’s Masdar, EDF Renewables and Jinko Power.The Al Dhafra Solar Photovoltaic (PV) facility is located about 35 kilometers from Abu Dhabi city, and will supply power to Emirates Water and Electricity Company (EWEC). Once operational, it will be the world’s largest single-site solar power plant, using approximately 4 million solar panels to generate enough electricity for approximately 160,000 homes across the UAE.Earlier in the year, the competitive bidding for the project led to one of the “most competitive tariffs for solar power”, set at Dh4.97 fils/kWh, which upon financial closing, was further brought down to Dh4.85 fils/kWh. This was primarily from hedging and financing cost improvements.TAQA will own 40 per cent of the project, while the other three will have 20 per cent stake each. Commercial operations are scheduled for 2022.The plant will deploy the latest in “crystalline, bifacial solar technology” that will enable it to provide “more efficient electricity by capturing solar irradiation from both the front and backside of the [solar] panel”.More: World’s biggest solar power plant project in Abu Dhabi secures fundinglast_img read more

Queensland’s biggest growth suburbs revealed

first_img Crowe’s former bingo island up for grabs MORE REAL ESTATE NEWS: The top suburbs for five-year price growth in Queensland Holiday crowds at Noosa as schools took their mid-year break in Queensland. Picture: Lachie MillardNoosa Heads and Sunshine Beach, both on the Sunshine Coast, saw median house values skyrocket by 76.8 and 64.6 per cent respectively over the past five years, according to data.Yaroomba and Sunrise Beach both recorded improvements of above 60 per cent to round out the top-four. Queensland millionaire Therese Rein and husband former PM Kevin Rudd are among families that have chosen to make Sunshine Beach their new home, after buying this stunner that was built for tennis star Pat Rafter.Gold Coast suburbs Mermaid Beach, Burleigh Heads and Surfers Paradise all recorded house price gains of above 46 per cent to also feature in the chief economist Nerida Conisbee said the two coastal markets were attractive for lifestyle buyers.“If you want beautiful beachfront locations, what you’re getting on the Sunshine Coast is worlds apart in terms of value,” Ms Conisbee said. Yaroomba on the Sunshine Coast is among places that have seen a massive surge in prices in the past five years. MORE REAL ESTATE NEWS: RBA holds but mortgage ‘rates keep tumbling’ “And Gold Coast in particular generates its own economy – people living on the Gold Coast don’t necessarily need to go to Brisbane.”More from newsParks and wildlife the new lust-haves post coronavirus9 hours agoNoosa’s best beachfront penthouse is about to hit the market9 hours agoMs Conisbee identified the southern Gold Coast region as an area “that has been popping up a lot for future growth,” with lack of supply likely to put upwards pressure on prices.“Burleigh Heads – that’s an area that seems to have been doing extremely well for a long time,” she said. The beachfront family home of BreakFree accommodation group founder and ex-AFL footballer Tony Smith and wife Simone at Mermaid Beach has sold for a record $25 million. The suburb was among Queensland’s top 10 best performers in the past five years.“The Gold Coast is locked by hinterlands and mountainous areas – there’s only so much they can expand in terms of land.”Ms Conisbee added that demand was also coming from south of the border.“For a million bucks on the Gold Coast you can get an acreage on the hinterlands, whereas on the northern beaches of Sydney it gets you an apartment.” FOLLOW US ON FACEBOOKcenter_img Tourist hotspot hits market just as borders set to open Rudd quits CBD penthouse Noosa had ridden the biggest wave of price growth in the past five years. Picture: Lachie MillardThese Queensland suburbs have seen such supercharged demand in the past five years that home prices have surged in double digits.The top 10 price movers in the past five years have all come from coastal suburbs on the east coast, with the Sunshine Coast making up six including taking out the entire top five. How to live like TV star Sophie Monklast_img read more

The Latest: Saudi Ladies International moved to October

first_img Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The first women’s professional golf tournament in Saudi Arabia has found new dates in October. It is unclear if cycling’s biggest event will be scrapped from the race calendar. New plans are likely to be announced before the end of the month following consultations with the governing body of cycling.___More AP sports: and,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 Associated Press The inaugural Saudi Ladies International on the Ladies European Tour was to be played last month but was postponed because of the coronavirus pandemic.The $1 million event will now be played from Oct. 8-11 at Royal Greens Golf and Country Club at King Abdullah Economic City.___The Tour de France won’t begin as originally planned because French President Emmanuel Macron has canceled all public events with large crowds through mid-July in response to the coronavirus pandemic.Tour organizers say it is now impossible for the three-week race to start on June 27 in the Riviera city of Nice as scheduled.center_img The Latest: Saudi Ladies International moved to October April 14, 2020last_img read more

Complete List of B&H Representatives at the World Championships in Paragliding

first_imgB&H will present five competitors at the World’s Championship in Paragliding, which will be held on Bjelašnica from 17th to 25th August.The participants from B&H are Dino Delić, Hazim Ljubijankić, Elvis Ljubijankić, Mario Knezović and Miron Matijević, was announced from the PR office of the World Cup Competition.At the competition, will participate 120 competitors from B&H, Croatia, Serbia, Montenegro, Macedonia, Slovenia, Bulgaria, Belarus, Romania, Norway, Turkey, Czech Republic, Slovakia, Austria, Italy, Germany, Switzerland, Great Britain, Japan, Malaysia, Indonesia, China, Lithuania, Colombia and Qatar.(Source: Fena)last_img read more