Siemens has signed a US$38mn deal with Qatar Steel for the construction of a new high-voltage sub-station to help boost the efficiency of the power supply to Mesaieed Industrial City
Power Generation
Siemens signs Libya power plant contracts worth US$135.6 million
Siemens Energy has announced it has been awarded a series of power plant contracts in Libya worth US$135.6mn
Saudi Arabia approves nuclear energy pact with France
The Saudi Arabian cabinet has given the go-ahead to an agreement signed with France two years ago on the peaceful use of nuclear energy in the country
Kuwait grants Lebanon US$85 million loan to rehabilitate power plants
Kuwait has granted Lebanon a US$85mn loan to upgrade and rehabilitate the Zouk and Jiyyeh power plants as part of efforts to overhaul the Levant countrys ailing electricity sector
GCC has 'potential for 25GW of green energy by 2020'
As power demand across the GCC is likely to double by 2020 to 215GW, the potential exists for member states to generate at least 25GW of its energy from renewable sources by the end of the decade, according to a report by Frost & Sullivan