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Iraq asked investors to compete to build four power plants and help the country meet burgeoning electricity demands, promising a healthy profit for the winners.
Saudi Arabia expects renewable sources to contribute greater amounts to its total energy consumption as its need for power triples over the next two decades.
Vision Electro Mechanical Company, a subsidiary of Saudi based Construction Products Holding Company (CPC), plans to construct a 130KW solar power plant in the Kingdom's Bahra region in alliance with California-based SolFocus.
Egypt is in the process of expanding the country's power capabilities by building new power plants and is taking the first step to the creation of an Egyptian Electricity Market which would be a first for the region.
Syria has awarded Ansaldo Energia, a unit of Italy's Finmecannica, and Greece's Metka, part of Mytilineos Holdings, to build a $973mn power generating plant in the country.