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Iraq to invest $500 billion in energy
- 2012-10-02 04:59:21
- David Flin
Iraq will invest around $500 billion in energy and linked industries by 2030, generating around $6 trillion in revenues, according to the country’s Deputy Prime Minister for Energy, Hussain al-Shahristani.
GE announces new gas turbines designed to complement renewables
- 2012-09-29 10:28:41
- Junior Isles
GE has announced a new line of gas-powered turbines specifically designed to be paired with renewable energy sources. The new FlexEfficiency 60 product line represents a new model for alternative-energy projects, with the company claiming it combines “record-breaking efficiency” and “flexibility” to cut carbon emissions and reduce costs compared to prior GE configurations.
Iranian power privatisation on track
- 2012-09-23 16:39:18
- Junior Isles
The privatisation in Iran’s power generation industry is in its final stages, according to Iranian Energy Minister Majid Namjou, with 45 power plants having been privatised or currently being privatised.
United Arab Emirates awards contracts to develop nuclear power
- 2012-09-22 04:27:55
- David Flin
The United Arab Emirates has awarded contracts worth $2 billion to provide, convert and enrich uranium.
Iran’s power expansion on track to reach 2016 target
- 2012-08-31 13:08:21
- Junior Isles
Iran has increased its electricity generation capacity by 4 GW since March 20th 2011, the beginning of the previous Iranian calendar year, deputy energy minister Mohammad Behzad has said. Iran’s total power generating capacity currently stands at 65.2 GW.
Iran’s electricity exports up 45.5 percent
- 2012-08-16 06:07:39
- David Flin
The Islamic Republic News Agency (IRNA) has reported that Iran has so far exported 4368 GWh of electricity in the current Iranian year, which began on March 20, a 45.4 percent rise compared to the same period last year.
Saudi blackouts due to old power stations
- 2012-08-04 07:32:55
- David Flin
Abdullah Al-Shehri, Governor of the Electricity and Cogeneration Regulatory Authority (ECRA) of Saudi Arabia, said that the frequent blackouts and poor power supply quality to cities around the country this summer are the result of aged power stations.
Scheduled blackouts likely in Israel this summer
- 2012-07-03 05:59:44
- David Flin
The Israel Electric Corporation (IEC) has warned consumers and businesses of the possibility of a summer of blackouts, particularly during peak hours between noon and 5pm.
Siemens signs deals with Qatar University and Kahramaa
- 2012-05-12 06:38:06
- David Flin
Siemens has signed an agreement with Qatar University and Kahramaa, the local Qatari utility for electricity and water, to carry out joint efforts on research and development of energy-efficient systems and solutions to support the rapid development of Qatar’s infrastructure.
Bahrain inaugurates new power and desalination plant
- 2012-05-02 21:28:38
- Junior Isles
Hamad Bin Isa Al-Khalifa, King of Bahrain, has inaugurated Bahrain's largest independent power generation and water desalination plant owned by Al-Dur Power & Water Company.
