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Total Results : 343

SaudConsult broadens Middle East reach with Egypt acquisition

  • 2013-12-01 18:20:35
  • Junior Isles
SaudConsult, one of Saudi Arabia’s largest engineering firms, has joined with Egyptian investment funds BPE Power and BPE Investments to acquire a 40 per cent stake in Egyptian firm Power Generation Engineering and Services Company (PGESCo).

Iran to double distributed generation to 1 GW by March 2014

  • 2013-11-11 12:50:48
  • Junior Isles
Iran is to double the power generation capacity of its distributed power stations, from 500 MW to 1000 MW, by the end of the current Iranian calendar year on March 20, 2014, according to Homayoun Haeri, managing director of Iran Power Generation Transmission and Distribution Management Company (TAVANIR).

World Bank signs contract for new power project for Egypt

  • 2013-11-09 04:00:25
  • David Flin
The World Bank and the Egyptian government have signed a contract for the Helwan South Power Plant Project, a gas-fired power plant intended to improve reliability of supply across the country.

Alstom secures new Saudi contract for 2650 MW oil plant

  • 2013-09-20 12:19:03
  • Junior Isles
Alstom has secured a contract with Saudi Arabia to supply four 720 MW steam turbine generator sets for the Shuqaiq project, following its selection by lead contractor Hyundai Heavy Industries. The contract is worth approximately €170 million, and the Shuqaiq oil-fired plant is due to enter commercial operation in 2017.

Nigeria seeks $450 million from IDB for electricity development

  • 2013-08-10 04:35:04
  • David Flin
Nigeria is seeking around $450 million from the Islamic Development Bank (IDB) to help raise the country’s total electricity generation capacity to 20,000MW, while already facing debts of around $6.67 billion.

MENA needs $150 billion investment in power generation

  • 2013-08-06 04:21:57
  • David Flin
A joint report by the International Renewable Energy Agency (IRENA) and the Renewable Energy Policy Network for the 21st Century (REN21) said that strong economic and demographic growth has led to an increase in energy demand to in the Middle East and North Africa (MENA) region.

Morocco tenders for 300 MW of concentrated solar

  • 2013-08-02 23:31:16
  • Junior Isles
The Moroccan government has announced tenders for a pair of concentrated solar power plants with a generation capacity of 200 MW and 100 MW, respectively to be built near the south-Moroccan city of Ouarzazate.

Iraq signs deal to import Iranian gas for power generation

  • 2013-07-23 05:41:56
  • David Flin
Iraq has signed an agreement to import natural gas from Iran for power generation.

Iran to increase the pace of power privatisation

  • 2013-07-11 09:13:11
  • Junior Isles
Iran will privatise a further 22 power plants during the coming Iranian calendar year, ending March 20, 2014, according to power sector privatisation project manager Bahman Allahmoradi.

World Bank supports new capacity in Egypt

  • 2013-07-09 04:06:33
  • David Flin
The Board of Executive Directors of the World Bank have approved a $585.4 million Helwan South Power Plant project, a gas-fired power plant that will contribute 10 per cent of Egypt’s new generation capacity to be added by 2018.

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