UK bank HSBC and the EKF, Denmarks export credit agency, have reportedly offered to provide an extended loan for the projects. (Image source: Salim Virji/Flickr)
Lebanons Ministry of Energy and Water has signed a US$348mn contract with a Danish-German consortium to build new power plants in Jiyyeh and Zouk
Nottingham Trent University has released a report suggesting that Libya could generate at least five times the amount of energy from solar power than it currently produces from crude oil
The Shams 1 renewable energy project, which is expected to generate 100MW of clean and sustainable energy at a cost of US$600mn, will be inaugurated in Abu Dhabi on 17 March
Dubai Electricity and Water Authority (DEWA) has signed a new 132 kV electricity cable network contract worth US$5.3mn for both the Gardens and Dubai Investment Park area
Saudi Arabias DESERTEC Power has been endorsed by the German DESERTEC Foundation to increase sustainable power generation from renewable sources
