Power & Water

Masdar gets solar plant financing

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Masdar succeeded in getting US$615mn in financing from banks for the world's biggest concentrated solar power plant (CSP).

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Alstom Grid to reinforce Saudi electricity network

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Alstom Grid has been awarded two contracts worth a total of US$83.1mn by the Saudi Electricity Company (SEC) for five substation extensions and two new substations.

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Saudi firm wins Iraqi power deal

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Iraq has awarded a US$125mn contract to a Saudi Arabian company to build a power plant with a total capacity of 150 MW in the southern city of Basra.

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SEC awards power plant contracts

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Saudi Electricity Company (SEC) has awarded contracts to local contractors to reinforce two existing power plants in the kingdom.

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Second Yanbu contract for Hanwha

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South Korea's Hanwha Engineering & Construction has won a US$1.05 billion order to build power and seawater desalination facilities in Yanbu Industrial City (YIC).

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