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.
It has been announced that Iranian manufacturers will invest nearly $7 billion over the next three years to build new power plants to respond to the country’s growing demand for electricity.
Ihsan Ismaael, Oil Minister of Iraq, said that the country has signed an agreement with UAE’s Masdar to develop 2 GW of renewable energy, as part of Iraq’s drive to develop 7.5 GW of renewable energy.
President Erdogan of Turkey has announced that the first unit of the Akkuyu nuclear power plant, being built by Rosatom, may be put into operation in 2022.
Iran’s Thermal Power Plant Holding (TPPH) has announced plans to construct 10 new combined cycle units with a total capacity of 1752 MW by June 2022.