Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 24/09/2020 08:18 
13.08.2020 12:26 News >> Japan To Provide $330M For Qatar Mega Solar Power Plant

Japan To Provide $330M For Qatar Mega Solar Power Plant

Japanese banks will provide huge loan for one of the world’s largest solar plants in Qatar, says a bank statement.

Japan will provide financial assistance to help build one of the world's largest solar power plants in Qatar, local media reported on Thursday.
According to Kyodo News, the state-backed Japan Bank for International Cooperation (JBIC) and Mizuho Bank will extend a $330 million syndicated loan for the 800-megawatt project in Al Kharsaah, a village in western Qatar.
"This loan is expected to contribute to further strengthening of the multilayered economic ties between Japan and Qatar," JBIC said in a statement.
A consortium of Japanese firm Marubeni Corporation, French oil giant Total, and a Qatari energy firm will own and manage the solar power plant, which is slated to be functional by April 2022.
The consortium will sell electricity for 25 years to Qatar General Electricity and Water Corporation, according to the statement.
The facility will use double-sided photovoltaic panels that "can also absorb sunlight reflected by the ground onto their rear side," it added.
The project is part of Qatar's plans to diversify its energy sources, with the liquefied natural gas-rich Gulf country aiming to increase the proportion of renewable energy in its total power generation to 20% by 2030. -



        Latest News
Coronavirus Continues To Impact South America -20 minutes ago...
Argentina, Chile, Bolivia register new COVID 19 cases, fatalities.
South Africa Sees 1,906 New COVID-19 Cases, 88 Deaths -35 minutes ago...
Total number of confirmed infections exceeds 665,000, while fatalities rise to over 16,200.
Anadolu Agency's Morning Briefing – September 24, 2020 -20 minutes ago...
Daily briefing on novel coronavirus pandemic worldwide, Turkey, other developments.
Magnitude 4.4 Earthquake Strikes Central Turkey -36 minutes ago...
No casualties reported so far, according to country's Disaster and Emergency Management Authority.
Latin America Remains Region Most Affected By COVID-19 -36 minutes ago...
Some countries begin to see drop in new cases as numbers increase in others.

 
      Top News
'Turkey Has Dealt Huge Blow To Terrorists This Year' 'Turkey Has Dealt Huge Blow To Terrorists This Year'
UAE, Israel Agree To 'Combat Extremism' UAE, Israel Agree To 'Combat Extremism'
Turkey Registers 1,767 New Coronavirus Cases Turkey Registers 1,767 New Coronavirus Cases
Turkish President, NATO Chief Discuss Eastern Mediterranean Turkish President, NATO Chief Discuss Eastern Mediterranean
Turkey's Vakifbank Uses Chinese Yuan In Transactions Turkey's Vakifbank Uses Chinese Yuan In Transactions
Latin America Strikes Deals For COVID-19 Vaccines Latin America Strikes Deals For COVID-19 Vaccines
UN Security Council Needs To Be Restructured: Erdogan UN Security Council Needs To Be Restructured: Erdogan
Football: Alexander Sorloth Joins Germany's Leipzig Football: Alexander Sorloth Joins Germany's Leipzig
Brazil Hails Controversial Gulf Deals With Israel Brazil Hails Controversial Gulf Deals With Israel
China Sends Government Critic To 18 Years In Prison China Sends Government Critic To 18 Years In Prison