The report by Citigroup Inc., has stated that solar and wind power generation is an economical option, in the midst of falling oil prices. (Image source: AzharElmiza/Flickr)
The outlook for renewable energy development looks bright in 2015, despite the fall in oil prices, according to a report by Citigroup Inc.
Officials from Saudi Electricity Company and GE at the signing ceremony. (Image source: GE)
Saudi Electricity Company (SEC) and GE have signed an MoU to establish a joint venture (JV) company that will extend operations and maintenance to support SEC?s power plants in the Kingdom
The 200MW plant has been added recently to the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. (Image source: Inhabitat Blog/Flickr
Dubai?s Electricity and Water Authority (DEWA) has signed a power purchase agreement (PPA) and shareholder agreement for the second phase of the 200MW solar plant at Mohammed bin Rashid Al Maktoum Solar Park in Dubai
The power plant to be constructed will have a capacity of 400MW. (Image source: MichaelCoghlan/Flickr)
Japan?s Mitsui, Saudi Arabia?s ACWA Power and Oman?s Dhofar International Development and Investment Holding (DIDIC) have secured a contract from the Omani government to build and operate a US$630mn natural gas-fired power plant in Salalah, Oman
Iraqs power plants face fuel shortage, and the country faces problems in power generation. (Image source: Sergebystro/Flickr)
Construction company Arab Contractors is planning to deliver an electric power plant in Baghdad, Iraq at a cost of US$150mn by the end of 2015
