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The refinancing facilities of over US$1.82bn equivalent in aggregate were provided on a combined conventional and Islamic basis. (Image source: SEC)

Saudi Electricity Company (SEC) and ACWA Power have announced that Rabigh 1 independent power project (IPP) has acquired refinancing of its senior facilities

The tests demonstrated that the RCB can perform its primary function ? to contain radiation and prevent any radioactive release into the environment ? under normal operation conditions and emergencies. (Image source: PublicDomainPictures/Pixabay)

The Emirates Nuclear Energy Corporation (ENEC) has recently completed important tests at Unit 1 of the Barakah Nuclear Energy Plant in the UAE

DEWA CEO Saeed Mohammed Al Tayer (centre) makes the announcement at a press conference in Dubai. (Image source: DEWA)

Dubai Electricity and Water Authority (DEWA) has selected Masdar-led consortium to build the 800MW third phase of Dubai?s Mohammed bin Rashid Al Maktoum Solar Park, which will be constructed based on the Independent Power Producer (IPP) model

The project is being implemented to meet Kuwait?s plan to double its generation capacity by 2017, in order to meet an anticipated peak demand of 25GW by 2025. (Image source: Gever/Flickr)

Kuwait?s first independently owned power and water facility Az-Zour North One Phase 1 is expected to fully start commercial operations by November 2016

Nuclear energy plants generally have a very positive impact on local economy long-term growth. (Image source: Henriette Hansen/sxc.hu)

The Emirates Nuclear Energy Corporation (ENEC) has awarded contracts totalling US$3bn to UAE-based companies for the construction of the country?s first nuclear energy plant

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