The World Bank will give Egypt up to US$1.14 billion dollars in support for electricity projects.
Energy
18 developers bid for Hassyan I power project
Dubai Electricity and Water Authority (DEWA) shortlisted 18 developers to participate in the 1500 MW Hassyan I Independent Power Project (IPP).
FEWA to build 4 new power plants
The Federal Electricity & Water Authority (FEWA) has started construction work on two power plants in Umm Al Qaiwain, while the tender process is underway for two more plants in the emirate.
Foreign firms bid for Syrian wind farms
A total of nine international companies and consortia have been shortlisted to build some of Syrias first wind farms as part of the government efforts to encourage foreign investment in the power-generation sector.
Torresol commissions world's first commercial CSP plant
Torresol Energy, a joint venture between Masdar, Abu Dhabis leading future energy company, and SENER, the leading Spanish engineering and construction firm, recently announced the commissioning of its flagship 19.9MW Gemasolar Concentrated Solar Power (CSP) plant in Seville, Spain.