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Aksa Energy Commences Development of Saint Louis Gas Power Plant
Turkish company Aksa Energy has commenced the development of a 255MW combined cycle gas-powered plant and pipeline in Saint Louis, Senegal. The $475m project was awarded to NDAR Energies SA, a subsidiary of Aksa Global Investments BV (one of the group ...
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TotalEnergies’ gas projects to produce 5,000 MW capacity in Iraq
Multiple projects by TotalEnergies and other foreign partners show Iraq building power resources while expanding renewables; recovered flare gas to supply power plants. TotalEnergies took a 45% stake and QatarEnergy holds 25% in the project.
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SPPC announces winning bidders for four conventional IPP projects
Each of four projects received five bids and they are expected to attract investments of around $7.8 billion, winning consortiums will develop each project on a BOO basis; PIF head says Kingdom moving to 50% renewables by ‘30
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SEWA, SHIPCO, GE Vernova announce commercial operation of Hamriyah IPP
Offering a higher efficiency level than previous power generation assets installed in Sharjah, the three GE Vernova 9HA.01 turbines are expected to help generate up to 4 million tons of fewer carbon dioxide emissions per annum compared to generating th...
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Egypt electric grid to get upgrade with EBRD $174 million loan
Loan to finance upgrade of 500-kV substation (40% EBRD financing) and construction of the 200 km OHL (60% EBRD financing), project linked to the closing of gas-powered power plant (Shoubra El Kheima) under the NWFE initiative
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ADIPEC Hydrogen Conference keeps green hydrogen hopes alive
Masdar, EDF, NEOM executives - leaders of future hydrogen value chains - focus on plans and funding essential to scale production and fast-track trade flows; seeing huge global market and MENA advantage
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Kuwaiti fund plans 2nd loan for Gulf interconnection expansion project
KFAED proposed a second loan to finance the GEIEP, which will benefit both Kuwait and Iraq. France based construction and concessions company, Vinci is the implementing company. The Al-Wafrah station project is expected be complete by December 2024.
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MEA Energy & Utilities: Looking back at '22, looking ahead to '23
The year 2022 was a remarkable one for MEA energy and utilities. A strong current of growth and expansion took hold across all sectors, with new power and water plants receiving power from new thermal, solar, nuclear, and other sources. A rich energy m...
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Mitsubishi Hitachi Power Systems wins gas turbine order for F3 IPP
Japan’s Mitsubishi Hitachi Power Systems (MHPS) has been awarded a contract to supply three gas turbines for the 2.4GW Fujairah 3 (F3) IPP in the UAE. Abu Dhabi-based Emirates Water & Electricity Company (Ewec) awarded the contract to Japan’s Marubeni ...
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Power generation tenders down by 23 per cent in second quarter
According to GlobalData, 30 power plant tenders were announced in the Middle East and Africa region in the second quarter, down from the 12-month average of 39
