Renewables

APICORP and alfanar sign US$75mn financing for energy projects

wind mill 133mThe Arab Petroleum Investments Corporation (APICORP) has signed a five-year Murabaha financing worth US$75mn with Saudi Arabia-based alfanar, aiming to support the latter’s renewable energy projects, including a wind power project in Spain

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Morocco pursues ambitious energy transition pathway

Morocco IEAThe International Energy Agency (IEA) has released the review of Morocco’s energy policies, conceding the institutional, legal and fiscal reforms undertaken by the government to promote sustainable development of the energy sector

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ACWA Power-led consortium wins largest solar PV project in Oman

oman solar pvOman Power and Water Procurement Company (OPWP) has awarded a contract to ACWA Power-led consortium for the development of the largest utility-scale solar photovoltaic (PV) independent power project in the sultanate

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Eni-ETAP joint venture begin PV plant project in Tunisia

Tunisia solarEni has begun in Tataouine, south of Tunisia, the construction of a photovoltaic plant with an installed capacity of 10MW

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Sohar Port and Freezone signs solar power deal with Shell

Sohar solar panelSohar Port and Freezone has signed a land lease agreement with Shell Development Oman (SDO), a move in which businesses in Sohar Freezone to be powered by solar photovoltaic (PV) projects instead of gas

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