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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.
Nigeria appeals for private power funding
- 2011-08-18 12:43:41
- Junior Isles
Nigeria will require a regular capital investment of NGN520 billion ($3.4 billion) to increase its electricity generating capacity from the current level of 4.2GW to 13GW by 2013, according to Nigerian Minister of Power, Prof Bart Nnaji.
UAE to see 40 per cent generation growth
- 2011-07-26 14:36:16
- Junior Isles
In order to match its growing demand the UAE will achieve nearly 40 per cent growth in its electricity generation by 2020, according to the UAE Power Report from Business Monitor International (BMI).
Saudi Arabia and Argentina sign nuclear cooperation deal
- 2011-06-29 10:52:42
- David Flin
The Saudi Arabian government has announced that it has signed a nuclear energy cooperation deal with Argentina.
Generation increases by 3.7 per cent in developed countries
- 2011-06-17 14:57:49
- Junior Isles
Overall power generation in developed nations rose 3.7 per cent last year, according to an International Energy Agency (IEA) report. This largely made up for the 3.8 per cent decrease in 2009, as power demand recovered from the global recession.
Turkey orders FlexEfficiency combined solar-natural gas project
- 2011-06-09 02:44:38
- Junior Isles
Turkey’s MetCap Energy Investments planning to build an integrated combined solar-natural gas plant, based on GE’s latest combined cycle technology.
ACWA looks for controlling stake in CEGCO
- 2011-06-06 18:00:57
- Junior Isles
Saudi Arabian company ACWA Power International has announced that it has entered into a binding agreement with Jordan Dubai Capital to acquire a controlling stake in Jordan’s Central Electricity Generation Company (CEGCO), valued at around $144 million.
