Egypt has announced a new collaboration between the New and Renewable Energy Authority (NREA) and an Egyptian-Japanese consortium to build a combined 20 MW solar power plant and a 30 MWh battery energy storage system (BESS) in Hurghada on Egypt’s Red Sea coast.
Alparslan Bayraktar, Türkiye’s Energy Minister, has announced that Türkiye and the World Bank have begun talks for $6 billion in financing to upgrade the country’s electricity transmission system.
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.
The Egyptian government is discussing plans to upgrade the country’s major hydropower stations and strengthen the national electricity grid as part of efforts to expand renewable energy generation.
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.
Iran and Russia have signed an MOU to expand nuclear cooperation through the construction of SMRs in Iran. Alexey Likhachev, CEO of Rosatom, met with Mohammad Eslami, President of the Atomic Energy Organisation of Iran, during Eslami’s trip to Moscow.
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.
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.