Middle East Market

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 |  1778 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 |  2307 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 |  2447 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 |  1743 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 |  2574 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 |  2775 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 |  1921 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 |  3739 readings

Masdar to Acquire Greece’s Terna Energy for USD 3.4 Billion

Masdar is seeking to reach a renewable power generation capacity of 100 GW by 2030.

Middle East Market | June 25, 2024 | By News Bureau |  1727 readings

DEWA CEO Reviews Progress of Mohammed bin Rashid Al Maktoum Solar Park's Phase 6

This phase, developed under the Independent Power Producer (IPP) model, is a step in Dubai’s clean energy ambitions, representing an investment of up...

Middle East Market | June 15, 2024 | By Abha Rustagi |  3155 readings

 
 
 
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