"Algeria will invest nearly US$20.5 billion over the next 20 years to boost electricity production from renewable energy sources," Nordine Bouterfa, the head of Sonelgaz group said.
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Gulf oil producers are expected to pump more than US$58 billion into projects over the next five years to expand their power generation capacity to meet growing domestic demand, according to an official Arab report.
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Saudi Electricity Company (SEC) launched Saudi Arabia’s first solar-powered electricity-generating power station.
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Dubai Electricity and Water Authority (DEWA) has decided to extend the final date of receiving bids for the Independent Power Project of Hassyan-1 till 12th December, 2011.
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