Middle East Market
South Korean Eximbank to Finance USD150 Million for UAE Solar Power Project
The firm revealed that the project is located in the expansive Ajban desert, 70 kilometers east of Abu Dhabi, spanning over 20 square kilometers and will feature...
Middle East Market | July 09, 2024 | By News Bureau | 1552 readings
Kuwait Forges Ahead Toward a Sustainable Future with Ambitious Renewable Energy Vision
Kuwait aims to generate 15 percent of its electricity from renewable sources, marking a significant stride towards energy independence and environmental stewardship.
Middle East Market | July 09, 2024 | By News Bureau | 2253 readings
ADNOC Secures USD 3 Billion Green Financing Deal from JBIC
The finalisation of the green financing agreement marks a longstanding strategic energy relationship between Japan and the United Arab Emirates.
Middle East Market | July 08, 2024 | By News Bureau | 1640 readings
Sineng Delivers 1016 MW Capacity Inverters for Al Kahfah Solar Project in Saudi Arabia
The Al Kahfah solar PV project is owned by ACWA Power and Badeel.
Middle East Market | July 04, 2024 | By News Bureau | 2142 readings
GE Vernova Launches First Locally Built H-class Gas Turbine Unit in Saudi Arabia
GE Vernova’s H-class gas turbines provide the most cost-effective conversions of natural gas to electricity, and support sustainable power generation...
Middle East Market | July 03, 2024 | By News Bureau | 2205 readings
bp Enters into JDA with to Explore Green Hydrogen Development in Egypt
bp has entered into a Joint Development Agreement (JDA) to join the existing consortium comprising of Masdar, Hassan Allam Utilities and Infinity Power to explore...
Middle East Market | July 02, 2024 | By News Bureau | 1639 readings
Saudi Arabia Fast Tracks Renewable Energy Goals with 5.5 GW Solar PV Project
SPPC has finalised the power purchase agreements worth USD 3.3 billion (SAR 12.3 billion) for three photovoltaic projects with ACWA Power Company, Water and...
Middle East Market | July 01, 2024 | By News Bureau | 2390 readings
PowerChina Secures EPC Contract to Build 500 MW Wind Project in Saudi Arabia
This project is part of the National Renewable Energy Program (NERP).
Middle East Market | June 29, 2024 | By News Bureau | 2501 readings
MEA Region Expects 15 Percent Growth in Solar PV Installations: SolarPower Europe
The increased solar capacity installations in 2023 resulted in a stable market share for the MEA at 3 percent, and the situation is expected to be similar this...
Middle East Market | June 28, 2024 | By News Bureau | 1794 readings
Siemens Energy to Deliver HL-Class Gas Turbines for Two New Power Plants in Saudi Arabia
Siemens Energy has signed an order worth USD 1.5 billion with Saudi Arabia to deliver HL-class gas turbines for two new power plants.
Middle East Market | June 27, 2024 | By News Bureau | 3448 readings
