Iraq plans to add 1500 MW of electricity through floating power generation vessels to help stabilise its grid and reduce reliance on imported gas.
The share of renewable energy is electricity production in Oman rose to 11.5 per cent in May, as part of the national strategy to increase renewable energy’s contribution to power generation to 30 per cent by 2030 and 60 per cent by 2040.
Abolfazi Asgari, CEO of Iran Thermal Power Plants Holding Company (TPPH) said that Iran will build 5.2 GW of coal-fired power plant capacity over the next 16 years to 2041 as part of a plan to diversify its power generation mix and to respond to a growing demand for electricity.
The first phase of construction of the 1014 MW Beiji Gas Power Plant 2 in Iraq has been started by a consortium consisting of Siemens Energy and China State Construction Engineering Corporation (CSCEC).
Qatar has announced that it will expand its supply of power in Syria by the Qatari development fund paying for deliveries of gas from Azerbaijan through Turkiye.
Experts say that the protests against worsening electricity blackouts in Iraq are likely to exacerbate in the near future following the disruption to Iranian gas supplies.
According to data from GlobalData, Türkiye’s renewable power generation capacity will reach 38.2 GW by 2035, representing an annual growth rate of 17.1 per cent from 2024 to 2035.
The African Development Bank has approved €170 million of funding to support the construction of the 1 GW Obelisk 1 solar power and 200 MWh battery energy storage project in Qena Governorate in southern Egypt.
According to a report by the Islamic Republic News Agency (IRNA), Russia will build eight new nuclear power plants in Iran.
Syria has signed an MOU with a consortium led by Qatar’s UCC Holding to develop major power generation projects with an investment of €6.2 billion.