Power & Water

Terra Nex and MEBS to invest in Oman solar project

Terra_Nex_MEBSTerra Nex Financial Engineering AG Switzerland (Terra Nex) and Middle East Best Select (MEBS) Group of Funds have announced plans for a major US$2 billion project to develop solar power resources within Oman.

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DEWA records increase in production capacity

DEWA_productionDubai Electricity and Water Authority (DEWA) has recorded an increase of 8,718 MW in installed capacity for 2011 in comparison with 7,361 MW in 2010.

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Masdar implementing energy management solution

Masdar_C3Masdar and C3, a energy and emissions management solutions provider, announced today that Masdar is using C3’s energy management technology in Masdar City to monitor and optimize energy, water, sustainable transportation and waste.

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Dubai launches 1,000 MW solar energy project

Dubai_solar_1Dubai has launched a solar energy project that will generate 1,000 MW and is estimated to cost US$3.26 billion.

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Saudi signs water contracts worth US$103.24mn

Saudi_waterThe Saudi Ministry of Water and Electricity signed new deals covering various water and drainage projects in the kingdom worth US$103.24mn.

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