The Egyptian Ministry of Electricity has announced that the country’s first nuclear power plant will be established within the next 24-30 months.
Siemens has received an order for three SGT-4000F gas turbines from United Arab Emirates (UAE).
ACWA Power, a developer, owner, and operator of power generation and water desalination plants, has signed a Memorandum of Understanding (MoU) with China Energy Engineering Corporation Limited (Energy China) during a ceremony in Dubai.
The Arab Petroleum Investment Corporation (APICORP) has produced a report stating that Middle Eastern and North African countries will need to invest $260 billion on increasing electricity production over the next five years to meet rising demand.
Saudi Arabia has announced ambitious plans to build a 200 GW solar power plant.
GE Power has helped strengthen Iraq’s power infrastructure by rebuilding the 750 MW Al Qayara Power Plant that was damaged in the recent fighting in Mosul.
The European Bank for Reconstruction and Development (EBRD) is supporting the privatisation of state-owned hydropower plants in Turkey with a $55 million loan to a subsidiary of Koc Holding.
Siemens Gamesa Renewable Energy has signed an agreement securing the right to implement up to 1 GW of wind power in Turkey.
Hamidreza Azimi, Deputy for Planning with Iran’s Thermal Power Plants Holding Company (TPPHC) said that the Japan International Cooperation Agency (JICA) is in negotiations to finance renovation of major power plants in Iran.
A new study published by the King Abdullah Petroleum Studies and Research Center (KAPSARC) has claimed that restructuring Saudi Arabia’s power generation sector, in conjunction with accompanying price reforms, has the potential to contribute an additional $4 billion to the Saudi economy.