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ACWA Power acquires Bahrain CCGT assets
- 2025-12-24 06:19:37
- David Flin
ACWA Power has completed its acquisition of Engie’s stakes in gas-fired power generation and water desalination assets in Bahrain, along with the related O&M companies. The total acquisition price for the assets, including those in Kuwait, is $693 million.
Iraq to increase electricity capacity by 57 GW
- 2025-11-20 06:28:46
- David Flin
Iraqi Prime Minister Mohammed Shia al-Sudani has announced a 20-year plan to increase electricity capacity by 57 GW through agreements reached with Siemens and GE, as well as the increased use of renewable energy.
AGL invests A$185 million in West Australian power plant
- 2025-10-31 06:21:59
- David Flin
AGL Energy has committed A$185 million to buy four gas turbines from Siemens for its first power station in Western Australia.
Vistra completes acquisition of seven gas-fired power plants
- 2025-10-23 05:47:38
- David Flin
Vistra has announced that it has completed the acquisition of seven gas-fired power plants totalling 2557 MW capacity from Lotus Infrastructure Partners in a $1.9 billion deal, subject to certain net working capital adjustments.
GE signs deal with Iraq for 3 GW CCGT power plant
- 2025-10-21 06:24:28
- David Flin
Iraq’s Ministry of Electricity has signed an agreement to construct the 3 GW Al-Faw CCGT power plant in Basra. The contract is between the Iraqi entities Southern Power Production General Company and Advanced Technology Systems Company, with the project to be carried out by GE.
South Africa announces new energy plan
- 2025-10-20 06:16:07
- David Flin
South Africa has announced a new national energy plan, which proposes reviving its stalled SMR nuclear project and expand gas-fired power generation.
Ground broken for test site for 100 per cent hydrogen fired gas turbines
- 2025-10-13 06:03:08
- David Flin
Work has started on the expansion of Siemens Energy’s combustion test facility, the Clean Energy Centre near Berlin, Germany. This facility will significantly advance the development of hydrogen-fuelled turbines.
Mitsubishi Power wins first order for BFG-fired M100S gas turbine
- 2025-09-30 06:18:18
- David Flin
Mitsubishi Power has won an order to supply a 100 MW CCGT power plant for Jiangsu Lihuai Steel, a major Chinese steelmaker. The newly developed M100S gas turbine fired by blast furnace gas (BFG) will be utilised as a core component of the plant. This is the first order for this new model.
Ukrnafta secures €400 million to construct 400 MW of generation capacity
- 2025-09-24 06:59:12
- David Flin
PJSC Ukrnafta, Ukraine’s largest oil extraction company, has secured €150 million in grants and a loan for €250 million from the European Bank for Reconstruction and Development (EBRD) to develop 400 MW of new generation projects.
Surging power demand in MENA with supply shifting to gas, renewables, and nuclear
- 2025-09-18 07:54:38
- David Flin
According to a report, The Future of Electricity in the Middle East and North Africa, by the International Energy Agency (IEA), electricity consumption in the Middle East and North Africa (MENA) has tripled since 2000 and is predicted to rise by an extra 50 per cent by 2035.
