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Total Results : 205

Saudi Arabia closes $500 million wind farm deal

  • 2019-01-11 05:59:11.357983
  • David Flin

Saudi Arabia has awarded a contract for the Kingdom’s first utility-scale wind farm.

Siemens completes construction of two substations in Egypt

  • 2018-12-24 06:29:29.788846
  • David Flin

Siemens has announced the completion of Samanoud and Aboul Matameer, two substations in Egypt built to transmit electricity from the Burullus power plant to the national grid.

Mubadala and Dubal to build 600 MW power and desalination plant in Dubai

  • 2018-12-19 05:47:51.742244
  • David Flin

Abu Dhabi’s Mubadala Investment Company and Dubal Holding have announced plans to set up a joint venture to develop a power and water desalination plant in Dubai. 

Gulf requires $100 billion investment for power sector over the next five years

  • 2018-11-06 05:55:08.728551
  • David Flin

The MENA Power Industry Outlook 2019, a report prepared by Ventures Onsite, says that the GCC region is expected to require power infrastructure investment totalling $109 billion over the next five years.

Egypt signs $2.3 billion deal with ACWA Power for new gas-fired power plant

  • 2018-11-02 03:30:53.666518
  • David Flin

Egypt signed a deal on 1 November 2018 with ACWA Power of Saudi Arabia to build a power plant in southern Egypt involving an investment of $2.3 billion, according to a statement from Mohamed Shaker, the Egyptian electricity minister.

GE and Siemens sign Iraq power deals

  • 2018-10-22 07:19:06.498544
  • David Flin

GE and Siemens have signed agreements for large power generation deals in Iraq.

Siemens loses $15 billion Iraq power generation contract to GE

  • 2018-10-18 03:53:27.335878
  • David Flin

The Financial Times has reported that GE has won a major contract to supply power to Iraq, beating Siemens, following intervention by the US Government. 

Saudi Public Investment Fund denies WSJ report claiming $200 billion solar project halted

  • 2018-10-02 04:55:40.266005
  • David Flin

Saudi Arabia’s Public Investment Fund (PIF) has described a report from the Wall Street Journal that claimed the Kingdom has stopped a plan to build the world’s biggest solar power generation project as “inaccurate”.

Saudi Arabia shelves $200 billion SoftBank solar project

  • 2018-10-01 05:01:43.578756
  • David Flin

It has been reported that Saudi Arabia has shelved a $200 billion plan with SoftBank Group of Japan to build what would have been the world’s biggest solar power generation project. 

Siemens and GE in competition for $15 billion power deal in Iraq

  • 2018-09-25 05:31:47.254131
  • David Flin

Siemens and GE are competing for a contract worth an estimated $15 billion to develop power stations in Iraq.