Lebanon’s cabinet has approved a plan to restructure the country’s electricity sector, a key requirement for donors and the World Bank to extend financing to alleviate the country’s power supply.
The US has charged four Russian government employees with cyber-attacks on the global energy sector, targeting hundreds of companies and organisations in over 100 countries.
Saudi Arabia’s Energy Ministry has signed PPAs with the developer teams that won contracts to provide two solar PV IPPs in the country.
Siemens and Saudi Arabian solar energy company Desert Technologies have launched Capton Energies as a JV.
Acwa Power has reached an agreement with Dubai Electricity and Water Authority (DEWA) to convert the 2400 MW Hassyan power plant from coal to natural gas.
Masdar has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a 100 MW solar PV power project in Georgia.
Mohammad Eslami, Director of Iran’s Atomic Energy Organisation, has said that Iran hopes to replace Russian fuel for its Bushehr nuclear power plant with domestic uranium.
Hyundai Engineering has signed an MOU with Macquarie Green Investment Group (GIG) to cooperate in developing renewable energy power generation projects.
The World Bank has approved two loans worth $300 million for the Geothermal Development Project in Turkey. The loans are additional financing to two initial loans worth $250 million.
Emirates Global Aluminium (EGA), the biggest aluminium producer in the Middle East, and GE have signed an MOU to reduce greenhouse gas emissions at its plants in the UAE.