Masdar gets solar plant financing
Masdar succeeded in getting US$615mn in financing from banks for the worlds biggest concentrated solar power plant (CSP).
Energy
Alstom Grid to reinforce Saudi electricity network
Alstom Grid has been awarded two contracts worth a total of US$83.1mn by the Saudi Electricity Company (SEC) for five substation extensions and two new substations.
Saudi firm wins Iraqi power deal
Iraq has awarded a US$125mn contract to a Saudi Arabian company to build a power plant with a total capacity of 150 MW in the southern city of Basra.
SEC awards power plant contracts
Saudi Electricity Company (SEC) has awarded contracts to local contractors to reinforce two existing power plants in the kingdom.
Second Yanbu contract for Hanwha
South Koreas Hanwha Engineering & Construction has won a US$1.05 billion order to build power and seawater desalination facilities in Yanbu Industrial City (YIC).
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