Power Generation

GCC power construction contractor awards to see 14 per cent y-o-y rise in 2017

GCCpowerThe recent ‘GCC Power Market’ report published by Ventures Onsite, on behalf of Middle East Electricity (MEE), forecasts GCC power construction contractor awards to increase from US$22.38bn in 2016 to US$25.52bn in 2017

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Kuwaiti government to sell half of Az-Zour North One project stake in 2017

Azzour NorthOneKuwait’s government plans to sell 50 per cent shares in its Az-Zour North One Independent Water & Power Project (IWPP) to the citizens by the middle of next year

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Global economic output and rising population to drive energy demand, reveals study

ExxonMobil DanielParks FlickrGlobal population growth of nearly two billion, doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are expected to contribute to growth in energy demand of about 25 per cent from 2015 to 2040, according to ExxonMobil’s 2017 Outlook for Energy: A View to 2040

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Two new substations in Egypt to deliver 2,500MW power to national grid

substation leighklotz flickrSiemens has energised the first two substations that will transmit electricity generated by the new power plants in Beni Suef and Burullus to Egypt’s power grid

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DEWA reaches financial closure for clean coal power project

hayssan 1Dubai Electricity and Water Authority (DEWA) has reached financial closure for the 2,400MW Hassyan clean coal power project

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