IEA has forecasted global increase in renewable energy in 2021. (Image source: Adobe stock)

The International Energy Agency (IEA) has forecasted that renewable electricity generation will increase by more than 8% to reach 8,300TWh in 2021

The development of the Kom Ombo solar plant will add 200MW of energy capacity, increasing the share of renewable energy in Egypt?s energy mix and further promoting private-sector participation in the Egyptian power sector. (Image source: andreas160578/Pixabay)

The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank have signed a US$114mn financing package with ACWA Power for the construction of the largest private solar plant in Egypt

SPARK is on track to become the world?s leading energy-focused ecosystem. (Image source: OSC)

Oilfields Supply Center will invest US$570mn in King Salman Energy Park (SPARK)

The 300MW PV plant exemplifies the role of PPPs in enabling socio-economic progress in KSA, achieving nearly 100% job localisation. (Image source: ACWA Power)

ACWA Power has inaugurated the 300 MW Sakaka PV IPP, KSA?s first utility scale renewable energy project, at an investment value of US$320mn (1.2 billion Saudi riyals)