Acwa Power in $400 million Dubai Solar Power Project

• Monday, 2nd March 2015
• by Egypt Oil & Gas

Saudi Arabia’s Acwa Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday. The 27-year amortising loan with...

Qatar on Solar Energy Threashold

• Thursday, 12th February 2015
• by Egypt Oil & Gas

Qatar is entering a new era of solar technology with at least one Qatari firm leading the way, according to industry experts. Omran Al Kuwari, co-founder and CEO of GreenGulf, and Dr Mohammad Khaleel, executive direct...

World’s Largest Solar Desalination Plant for Saudi

• Monday, 26th January 2015
• by Egypt Oil & Gas

Abengoa SA (ABG), a Spanish energy and environment company, will develop the world’s largest solar-powered desalination plant in Saudi Arabia with a local water firm. The $130 million facility at Al Khafji City in the...