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
Power Generation
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
YFEL launches off-grid solar power project in UAE

The off-grid solar power project aims to implement a system that would provide a continuous, reliable and sustainable supply of energy to an entire hospital. (Nadine Barclay/Wikimedia Commons)
Young Future Energy Leaders (YFEL) programme has proposed an innovative off-grid solar power project that will collect electricity at healthcare facilities in remote areas of the UAE and sub-Saharan Africa
ACWA-led consortium wins contract for Rabigh II project

A consortium led by ACWA Power International has won the bid to build the Rabigh II project in Saudi Arabia. (Image source: ACWA Power)
Saudi Electricity Company (SEC) has awarded a contract to build the US$2.6 billion Rabigh II independent power project (IPP) in Saudi Arabia to a consortium led by ACWA Power International