Iraq signed a US$235mn deal with a subsidiary of Turkeys Enka Insaat to install a 500MW power plant in southern Iraq.
Energy
Siemens and Masdar sign solar technology agreement
Siemens Energy and Masdar Institute of Science and Technology have signed a one-year agreement for cooperation in solar energy technology research and development to enhance the use of photovoltaic (PV) panels in the region.
Abu Dhabi and Scotland sign renewable energy agreement
The First Minister of Scotland, Mr Alex Salmond and Dr Sultan Ahmed Al Jaber, CEO of Masdar, the Government of Abu Dhabis multi-faceted renewable energy company, have signed a framework for action agreement at the World Future Energy Summit.
UN Secretary-General calls for sustainable energy for all
In his keynote address today to the World Future Energy Summit, UN Secretary-General Ban Ki-moon called on governments, the private sector, and civil society to make significant commitments to action in support of his Sustainable Energy for All Initiative.
Terra Nex and MEBS to invest in Oman solar project
Terra Nex Financial Engineering AG Switzerland (Terra Nex) and Middle East Best Select (MEBS) Group of Funds have announced plans for a major US$2 billion project to develop solar power resources within Oman.