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GE to fund $700 million Saudi power plant
- 2010-10-04 18:08:43
- Junior Isles
GE Energy has signed agreements worth approximately $700 million to supply power generation equipment and long-term services for a new gas-fired, independent power plant that will help Saudi Arabia, the Middle East's largest economy, meet a growing need for residential and industrial power.
Egypt to dramatically increase wind power production
- 2010-09-16 19:26:47
- Junior Isles
Egypt’s Electricity Minister Hassan Younis has reported that a total of 2500 MW, generated exclusively from wind power, will soon be added to the national power grid.
Japan and Kuwait in nuclear cooperation
- 2010-09-11 21:22:28
- Junior Isles
Japan and Kuwait have reached an agreement to cooperate in building nuclear power plants and encouraging the peaceful use of nuclear energy.
Turkey to start privatisation of electricity generation
- 2010-08-21 06:47:24
- David Flin
Ahmet Aksu, Vice President of the Turkish Privatisation Authority, has said that the country will soon start to privatise electricity generation.
Iran invites US firms to bid for nuclear plant projects
- 2010-08-18 07:39:10
- David Flin
With Iran’s nuclear power plant at Bushehr approaching a major milestone, Iranian officials say that they are looking to expand the programme with more such plants.
South Korea to sign early nuclear deal with Turkey
- 2010-08-16 17:34:04
- David Flin
A senior South Korean government official said that it is on the verge of signing a deal to supply a nuclear power plant to Turkey ahead of schedule.
Iran to start nuclear power generation in December
- 2010-08-16 07:21:39
- David Flin
Iran will start generation of electricity from nuclear power in early December, according to Mohammad Ahmadian, Managing Director of Iran’s Atomic Energy Generation and Development Company.
Saudi Arabia needs $80 billion for power growth by 2018
- 2010-08-02 07:20:07
- David Flin
It has been reported that about $80 billion worth of investment is needed in Saudi Arabia by 2018 to meet rising power demands in the country.
Saudi Arabia to go nuclear
- 2010-07-13 05:50:31
- David Flin
Toshiba, Shaw and Exelon have signed a deal with Saudi Arabia to pursue several nuclear power contracts in Saudi Arabia.
Higher GCC power tariffs needed to cool peak demand
- 2010-07-01 06:04:51
- David Flin
The Middle East’s electricity providers have been urged to introduce variable tariff schemes that charge consumers more for usage during peak hours in an effort to ease demand.
