Hanergy is launching the first $1bn solar industrial park in the Middle East
Hanergy Thin Film Power Group has signed an Memorandum of Understanding with Ajlan & Bros to launch the first solar thin-film industrial park in the Middle East in a $1bn investment.
The agreement was signed at the launch event of Saudi Arabia National Industrial Development and Logistics Programme (NIDLP), one of 12 programmes aligned with Saudi Vision 2030. The investment will work to transform the region into an industrial powerhouse and a global leader in logistical services, fuelling growth in four key sectors: Industry, Mining, Energy and Logistics.
Under the agreement, the two companies will collaborate to develop renewable energy manufacturing facilities in Saudi Arabia and conjointly seek relevant investment opportunities.
"We are excited to collaborate with Hanergy. Thin-film power is a promising market, especially in Saudi Arabia. The renewable energy facilities are bound to reform the landscape of the country's energy industry and help us achieve our goals in the 2030 vision," said Mr. Mohamed Al Ajlan, Deputy board chairman, Ajlan & Bros. Hanergy has anchored its roots in the Saudi market with its cutting-edge technologies and innovative products, while Ajlan & Bros Holding Group Company is one of the leading international companies in the country and Arabian Gulf.
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"At Hanergy we've accorded priority to Saudi Arabia as one of the key strategic markets for our business globally. We realise the potential of renewable energy in Saudi Arabia and have set out an organised and specific road map to diversify our business in the country while supporting the advancement of renewable energy and fulfil the Kingdom's commitments to reducing carbon dioxide emissions," added Mr. Wei Qiang, President ofHanergy Saudi Arabia Country Company.
"The collaboration with Ajlan & Bros could be a turning point for both Hanergy and solar industry of Saudi Arabia.”
With the great market potential to be explored in Saudi Arabia and Hanergy's accumulated technological advantages, as well as the right partner with mutual interest and rich resources, the collaboration seems well in place to firm Hanergy's foothold in the Middle East Market and transform the landscape of solar industry of Saudi Arabia.
The Kingdom of Saudi Arabia has been endeavouring to reduce its dependence on oil and going through a major transition towards more diversified and sustainable energy resources. In 2011, oil was the source of over 50% electricity in the country and there was only 0.003 gigawatts of solar power capacity installed nationwide. The government has since announced that Saudi Arabia would develop 41 gigawatts of solar capacity by 2032. The launch of National Industrial Development and Logistics Programme will work to help achieve this goal.
All but two UK regions failing on school energy efficiency
Most schools are still "treading water" on implementing energy efficient technology, according to new analysis of Government data from eLight.
Yorkshire & the Humber and the North East are the only regions where schools have collectively reduced how much they spend on energy per pupil, cutting expenditure by 4.4% and 0.9% respectively. Every other region of England increased its average energy expenditure per pupil, with schools in Inner London doing so by as much as 23.5%.
According to The Carbon Trust, energy bills in UK schools amount to £543 million per year, with 50% of a school’s total electricity cost being lighting. If every school in the UK implemented any type of energy efficient technology, over £100 million could be saved each year.
Harvey Sinclair, CEO of eEnergy, eLight’s parent company, said the figures demonstrate an uncomfortable truth for the education sector – namely that most schools are still treading water on the implementation of energy efficient technology. Energy efficiency could make a huge difference to meeting net zero ambitions, but most schools are still lagging behind.
“The solutions exist, but they are not being deployed fast enough," he said. "For example, we’ve made great progress in upgrading schools to energy-efficient LED lighting, but with 80% of schools yet to make the switch, there’s an enormous opportunity to make a collective reduction in carbon footprint and save a lot of money on energy bills. Our model means the entire project is financed, doesn’t require any upfront expenditure, and repayments are more than covered by the energy savings made."
He said while it has worked with over 300 schools, most are still far too slow to commit. "We are urging them to act with greater urgency because climate change won’t wait, and the need for action gets more pressing every year. The education sector has an important part to play in that and pupils around the country expect their schools to do so – there is still a huge job to be done."
North Yorkshire County Council is benefiting from the Public Sector Decarbonisation Scheme, which has so far awarded nearly £1bn for energy efficiency and heat decarbonisation projects around the country, and Craven schools has reportedly made a successful £2m bid (click here).
The Department for Education has issued 13 tips for reducing energy and water use in schools.