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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.
IPP power plant inaugurated in Oman
- 2017-11-20 07:35:31.375329
- David Flin
Musandam Independent Power Project (IPP), a 120 MW power plant supplied by Wärtsilä, has been inaugurated in northern Oman.
South Korean firms to bid for Saudi nuclear power plant project
- 2017-11-01 05:02:15.143320
- David Flin
South Korean companies will bid to take part in Saudi Arabia’s project to build nuclear plants, according to an official from Korea Hydro and Nuclear Power (KHNP).
Saudi Electricity Company and GE Power sign research agreements
- 2017-10-30 06:10:49.939160
- David Flin
The Saudi Electricity Company (SEC) and GE Power have signed two technical agreements to promote R&D for the power sector in Saudi Arabia.
Saga in $2.9 billion deal to build solar power plants in Iran
- 2017-10-18 06:16:21.002609
- David Flin
Norway’s Saga Energy has signed a $2.9 billion deal to build solar power plants in Iran.
