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Energy

GEs largest contract in Algeria, for six combined-cycle power plants worth US$1.9bn, will add eight gigawatts to Algerias generating capacity, an increase of 70 per cent. (Image source: Jeffery Turner/Flickr)

General Electric (GE) has signed three contracts to sell US$2.7bn worth of power equipment in Algeria, as the North African country seeks to increase its generation capacity

The first joint step of the two firms will be setting up a 100MW solar power plant. (Image source: russf/Flickr)

Chinese energy giant NARI group has inked a US$3bn investment deal with Turkey?s CS group to jointly enter into the Middle East and Turkish energy markets, starting with a solar power generation project

The exact investment amount in the wind project is not yet clear. (Image source: Jay Santiago/Flickr)

UAE-based Masdar has revealed plans to invest in a US$580mn wind project in Egypt

The first phase of the project will be expected to be tendered in the first quarter of 2014. (Image source: Andreas Demmelbauer/Flickr)

Qatar has outlined plans to generate 20 per cent of its energy from renewable sources in the next decade with the first phase of a 200MW solar project set to be tendered in Q1 2014

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