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ACWA Power and Energy China sign MOU
- 2018-06-11 06:07:48.415677
- David Flin
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.
Middle East and North Africa requires $260 billion investment in power plants
- 2018-04-18 06:04:43.137729
- David Flin
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 announces plans for 200 GW solar power plant
- 2018-04-05 06:24:47.524525
- David Flin
Saudi Arabia has announced ambitious plans to build a 200 GW solar power plant.
GE Power helps rebuild 750 MW Al Qayara power plant in Iraq
- 2018-04-03 04:43:45.323184
- David Flin
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.
EBRD provides loan to support privatisation of Turkish hydropower plants
- 2018-03-15 06:25:34.370870
- David Flin
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 signs agreement to supply 1 GW wind power in Turkey
- 2018-02-28 05:37:52.861484
- David Flin
Siemens Gamesa Renewable Energy has signed an agreement securing the right to implement up to 1 GW of wind power in Turkey.
JICA in talks on renovation of Iranian power plants
- 2018-01-24 05:19:16.426598
- David Flin
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.
Restructuring Saudi power market could generate $4 billion
- 2018-01-08 05:19:16.890273
- David Flin
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.
GE Power to extend substation to connect 120 MW of wind power to Egypt’s national grid
- 2017-12-12 05:17:53
- David Flin
GE Power has announced that it has signed an agreement with the Egyptian Electricity Transmission Company (EETC) for the extension of the Gabal El Zayt 22/220 kV Gas Insulated Substation, connecting an additional 120 MW of power to the national grid by the end of 2018.
GE signs $400 million contract for 14 substations in Iraq
- 2017-11-24 06:11:13.758693
- David Flin
The Iraqi Ministry of Electricity (MOE) has signed an agreement worth over $400 million with GE Power to develop substations on a turnkey basis and supply critical equipment such as transformers, circuit breakers, and other equipment to rehabilitate existing substations.
