May 19, 2020

SENER signs 500 million Euro contract for world’s largest solar complex

SENER
Renewable Energy
Morocco
solar power
mahlokoane percy ngwato
2 min
SENER signs 500 million Euro contract for world’s largest solar complex

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Following a contract recently won in Morocco, the technology and engineering group SENER is beginning construction of the Noor II and Noor III thermosolar plants. Together with Noor I, this project will be the largest thermosolar complex in the world, with a total production capacity of more than 510 MW; SENER’s contract is worth over 500 million Euros.

Having been responsible for everything from the turnkey construction to the commissioning of the Noor I plant, SENER recently won the contract to carry out the turnkey construction of the Noor II and Noor III phases along with SEPCO III.

The complex, located near the Moroccan city of Ouarzazate, is made up of four plants. Three of its plants are equipped with thermosolar technology; Noor I has a production capacity of 160 MW and is equipped with the SENERtrough cylindrical parabolic troughs and will become operational later this year.

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With regards to the construction which is already underway, Noor II will have installed the second generation of SENER’s troughs, the SENERtrough®-2 system, and will have a production capacity of 200 MW.

Noor III, capable of producing 150 MW of power, will employ central tower technology with salt receivers originally pioneered by SENER at its Gemasolar plant in Seville.

All three power plants incorporate a molten salt storage system which makes it possible to produce electricity if there is insufficient solar radiation.  

Miguel Domingo, SENER’s Environment and Solar Power Director said: “SENER is taking part in the engineering and construction of large thermosolar plants in which it applies its own technological solutions that report large cost savings and significant improvements in efficiency.”

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Jun 11, 2021

G7 Summit guide: What it is and what leaders hope to achieve

G7
Sustainability
G7Summit
EU
3 min
Business Chief delves into what the G7 is and represents and what its 2021 summit hopes to achieve, in terms of sustainability and global trade

Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration. 

 

Who are the G7?

The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like. 

The merry band comprises:

  • Canada
  • France
  • Germany
  • Italy
  • Japan
  • The United Kingdom
  • The United States

Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.

 

Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda. 

 

When was the ‘G’ formed?

Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s. 

 

Why does the G7 exist?

At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted. 

 

The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability. 

 

It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations. 

 

Where is the 2021 G7 summit?

This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall. 
 

What will be discussed this year? 

After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”

 

The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values. 

 

According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.” 

 

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