Saudi Energy 2013 to address energy demand, expand market opportunities
Saudi Arabia’s energy sector has been experiencing rapid growth due to burgeoning demand, economic expansion, and solid investment flows. A...
Power & Electricity
GCC power output to reach 170,000MW by 2019
The installed power generating capacity in the GCC is forecast to reach 170,000MW by 2019, according to the latest data....
Thermal insulation suggested in Saudi buildings to cut power consumption
Prince Abdul Aziz bin Salman, assistant minister of petroleum and mineral resources, has called for cutting electricity consumption in the...
Toyota completes 40% of 24 power substations in Iraq
Toyota Tsushu Corporation, has completed 40% of installation, construction and the operation works of 24 power substations, at a cost...
Saudi Electricity posts $683 million profit in 2012
Saudi Electricity Company (SEC) posted a net profit of SR 2.56 billion in 2012, compared to SR 2.21 billion in...
Iraq to achieve electricity self-sufficiency by end 2013
Electricity minister Kareem al-Jumaily announced that Iraq will achieve electricity self-sufficiency at the end of this year, except the problem...
$300 million solar and wind projects in Jordan
Jordan is set to receive $300 million from the Gulf states to boost investment in renewable energy, officials say, as...
HSBC to fund Lebanon’s Zouk and Jiyeh power plants rehabilitation
HSBC Bank won a tender to carry out maintenance work at Zouk and Jiyeh power plants instead of providing the...
Saudi Arabia awards $346 million power contracts
Saudi Electricity Company (SEC) plans to set up three transformer stations across the country at a cost of SR1.3 billion...
Jordan receives funding for 250MW power plant agreement
A US firm is set to break ground on a 250-megawatt (MW) power plant in Jordan next month, thanks to...
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