Middle East Market

Masdar Secures Financial Close for USD 6.1 Billion Solar and Battery Storage Project in Abu Dhabi

Masdar has achieved financial close for its USD 6.1 billion solar and battery storage project in Abu Dhabi, backed by USD 5.1 billion in financing to deliver...

Middle East Market | July 13, 2026 | By EI News Network |  2933 readings

Kuwait's AEP Plans Equity Raise to Expand Renewable Energy Business Across MENA

Kuwait-based Alternative Energy Projects Company will raise equity through Kamco Invest and Burgan Bank to fund solar and hybrid projects while expanding operations...

Middle East Market | July 09, 2026 | By EI News Network |  822 readings

Egypt Grants Golden Licences for AMEA Power's 1.5 GWh BESS Projects

Egypt has granted golden licences to AMEA Power's 1.5 GWh battery storage projects worth USD 800 million, advancing renewable energy deployment, grid stability...

Middle East Market | July 08, 2026 | By EI News Network |  1266 readings

Saudi Arabia Grants ACWA Power Exclusive Green Hydrogen Export Rights

Saudi Arabia has authorised ACWA Power to exclusively export green hydrogen and develop renewable electricity exports, strengthening the Kingdom's clean...

Middle East Market | July 08, 2026 | By EI News Network |  1567 readings

Syria Launches Gas Field Project with Saudi Firm ADES to Boost Production

Syria has begun developing gas fields with Saudi firm ADES in Homs, aiming to increase output by 50 percent by mid-2027 as Gulf investments accelerate the country's...

Middle East Market | July 04, 2026 | By EI News Network |  2631 readings

Oman Evaluates 141 Km Subsea Cable to Link Musandam With National Power Grid

Oman is evaluating a 141-km subsea power cable to connect Musandam with the national grid, strengthening energy security and reliability.

Middle East Market | July 02, 2026 | By EI News Network |  606 readings

Saudi Arabia Prequalifies Firms for Second Round of 12 GWh Battery Storage Projects

Saudi Arabia has prequalified 27 companies to bid for six utility-scale battery storage projects totaling 3 GW/12 GWh, to be developed under a Build-Own-Operate...

Middle East Market | July 01, 2026 | By EI News Network |  2489 readings

Oman Awards 2 GW Pumped Hydro, 500 MW Solar Projects to EDF-Led Consortium

Oman has signed agreements with an EDF-led consortium to develop a 2 GW pumped hydro storage project and a 500 MW solar plant, strengthening grid reliability...

Middle East Market | June 30, 2026 | By EI News Network |  1325 readings

Sterling and Wilson JV Wins EPC Contract for 1 GW Solar Plus 600 MWh BESS Project in Egypt

Sterling and Wilson Renewable Energy, in a 50:50 joint venture with Hassan Allam Construction, has secured a USD 560 million EPC order for a 1,000 MWac solar...

Middle East Market | June 29, 2026 | By Mrinmoy Dey |  853 readings

Sany Signs MoU to Build 2-GW Wind Turbine Factory and 2-GW Wind Farm in Egypt

Egypt has signed an MoU with Sany to build a 2-GW wind turbine factory and 2-GW wind farm, boosting renewable energy capacity.

Middle East Market | June 26, 2026 | By EI News Network |  901 readings

 
 
 
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