NREA to Launch Solar Power Project in Hurghada
The National Renewable Energy Authority (NREA) will announce next month a tender to establish a 20-megawatt (MW) solar power plant in Hurghada.
Power Generation | Egypt Oil & Gas
GE to Build Monitoring Center in Egypt’s Benban Solar Park
The Egyptian Electricity Transmission Corporation (EETC) and GE Grid Solution, a General Electric (GE) company, signed a contract to establish a monitoring center in the Benban Solar Park in Aswan.
Mubadala, Uzbekistan Ink Strategic Energy Deals
Abu Dhabi’s Mubadala Investment Company inked strategic agreements with the Republic of Uzbekistan to discuss potential opportunities in power generation, oil and gas and renewables.
ACWA Power to Invest $658 M in South Africa
Saudi Arabian company ACWA Power plans to invest $658 million in South Africa, it announced on October 26.
Siemens, Iraq Sign Agreement for Electricity Reconstruction
The Iraqi Ministry of Electricity has signed a reconstruction agreement with Siemens to boost the country’s economic development including adding 11 gigawatts of power generation within the next four years.
Oman’s Musandam Expects 2018 IPO Date
Musandam Power Company, a majority-owned subsidiary of the Oman Oil Company, plans to launch its initial public offering (IPO) before 2019.
GE to Increase Investments in Egypt
General Electrical plans to localize more of its manufacturing in Egypt and looks for another location to build a new facility, on top of the 5,000 square meters facility that is currently under construction.
Nigeria: NNPC to Invest in Power Generation
Nigeria's state oil company announced its plan to head towards power generation and transmission this week, in line with its strategy to resolve Nigeria’s long-standing power problems.
Nigeria’s Gas Producers Threaten Force Majeure
Nigeria's gas producers threatened to declare force majeure over the inability of Generation Companies (Gencos) to settle outstanding arrears of over $630m for supplying gas to its power plants.
