Siemens Energy has announced it has been awarded a series of power plant contracts in Libya worth US$135.6mn
Power Generation
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
TAQA finalises US$330 million financing for Ghana plant
Abu Dhabi National Energy Company (TAQA) and partner Volta River Authority (VRA) have announced the completion of US$330mn financing for the expansion of Ghana?s Takoradi 2 power facility