Countries in the MENA region are set to invest an estimated US$155bn in solar energy projects by 2017
Energy
DEWA could seek funds for power project expansion
DEWA has not yet revealed how much funding the project will need to add 400MW of generation capacity. (Image source: squeaks2569/Flickr)
Government-owned utility Dubai Electricity and Water Authority (DEWA) could have to ask for further funding to finance a power plant expansion project scheduled to start next year
Alfanar picks up US$400 million Saudi Arabian power contracts in 2013
Alfanars projects include the construction of substations as well as underground cabling works in parts of Saudi Arabia. (Image source: Ashwin John/Flickr)
Saudi Arabia-based engineering, procurement and construction firm Alfanar Construction has signed several power projects worth a total of US$400mn in the first half of 2013
SEC to import cables to increase power distribution network
Saudi Electricity Company (SEC) has entered into contracts worth US$1.68bn with a number of domestic firms to import cables to strengthen the Saudi Arabian power distribution network
Siemens wins Algerian power plant contract
The scope of delivery from Siemens will include a total of six gas turbines, six steam turbines and six generators. (Image source: Siemens PLM Software/Flickr)
Siemens has been awarded a contract to supply power plant components for the Ras Djinet and Ain Arnat combined cycle power plants (CCPP) in Algeria