Power and automation technology group ABB has won orders worth around US$120mn from the Saudi Electricity Company (SEC) to supply transformers and increase capacity

KJC will create a joint venture with Soitec to sell concentrator photovoltaic systems in Saudi Arabia. (Image source: Pink Dispatcher/Flickr)

Saudi Arabian investment firm Khaled Juffali Company (KJC) and French solar power solutions provider Soitec have entered into an agreement that will see the companies cooperate to boost the solar energy sector in Saudi Arabia

Caterpillar and Zahid Group executives at the power deal signing ceremony. (Image source: Altaaqa)

Caterpillar has entered into an international power projects (IPP) agreement with Saudi Arabia-based Zahid Groups subsidiary company Altaaqa Global

By 2020, UAE is expecting nuclear power to account for as much as 25 per cent of its electricity. (Image source: cplbasilisk/Flickr)

The UAE has revealed plans to draw 25 per cent of its power from nuclear energy by 2020, as the country looks to reduce its domestic reliance on fossil fuels and ensure it has enough oil to export