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GE secures power equipment contracts in Turkey
- 2012-02-16 14:51:15
- Junior Isles
GE has reinforced its position as a major supplier to Turkey’s private power sector by securing contracts to supply equipment and services for Akenerji’s new gas-fired power plant in the Erzin district of southern Turkey.
Saudi Arabia leads Middle East rental demand
- 2012-01-26 22:40:35
- Junior Isles
Saudi Arabia leads the Middle East in demand for rental power generators, according to Shrikant Pataskar, the general manager of the Dubai branch of Kirloskar. He also predicted a 20 per cent growth for the industry in 2012 with much of this coming from Saudi customers.
Siemens bets over $1billion on continued gas turbine growth
- 2012-01-20 05:25:04
- David Flin
Siemens AG has earmarked over €1 billion ($1.3 billion) to expand its production of gas turbines and fend off GE as they compete for larger shares of the expanding gas turbine market.
Iran to connect its power grid to Russia
- 2012-01-13 06:14:59
- David Flin
According to the Tehran Times, Homayoun Haeri, Managing Director of Iran Power Generation, Transmission and Distribution Management Company (TAVANIR), said that Iran plans to connect its national power grid to Russia by March 2013.
Pakistan sets 1500 MW wind target for 2013
- 2012-01-05 20:11:19
- Junior Isles
Pakistani Federal Minister for Water and Power, Syed Naveed Qamar has said that the government has set a target of 1500 MW from wind power generation by 2013 and procedures have been simplified in order for investors to reach the target.
Saudi Arabia needs ambitious power growth, says NCB
- 2011-12-18 21:29:54
- Junior Isles
Saudi Arabia needs to pursue large scale projects to expand its electricity production capacity if it is to meet its fast growing power demand, the Gulf Kingdom’s largest bank, National Commercial Bank (NCB), has said.
General Electric announce $300 million power contract with SEC
- 2011-12-06 16:25:01
- Junior Isles
GE has signed contracts worth $300 million with the Saudi Electricity Co. (SEC) to supply 13 gas turbines and associated services for the expansion of six power plants across the country. The expansions will add nearly 800 MWs of power to the Saudi grid by the summer of 2013, timed to support peak electricity demands.
Iran seeks to invest in Kenya’s energy sector
- 2011-11-25 05:39:57
- David Flin
Iran is considering making investments into Kenya’s growing energy sector.
Medgrid pushes for Mediterranean grid
- 2011-10-28 07:15:22
- David Flin
At a conference hosted by Israel’s branch of CIGRE, the International Council on Large Electric Systems, there were discussions on developing by 2020 a €5-6 billion electrical super-grid running from Spain, into northern Africa, to the eastern Mediterranean, and then back into Europe via Turkey.
Hyundai and Metka win Iraq power plant deals
- 2011-09-30 06:14:32
- David Flin
Iraq’s cabinet has approved deals with South Korea’s Hyundai Engineering Company and Greece’s Metka to build power plants in the southern oil hub of Basra.
