Siemens and GE are competing for a contract worth an estimated $15 billion to develop power stations in Iraq.
Siemens has announced that it has been selected by the Egyptian Electricity Holding Company (EEHC) to provide comprehensive O&M services for the Beni Suef, New Capital, and Burullus power plants for the next eight years.
Reza Ardakanian, Energy Minister of Iran, has said that the country has restarted negotiations with Russia to build a new 3000 MW nuclear power plant.
Egypt has inaugurated several power generation projects, including three combined cycle power plants built by Siemens.
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.