Power & Water

Iraq entices investors

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Iraq asked investors to compete to build four power plants and help the country meet burgeoning electricity demands, promising a healthy profit for the winners.

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Renewable energy to become more important in Saudi Arabia

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Saudi Arabia expects renewable sources to contribute greater amounts to its total energy consumption as its need for power triples over the next two decades.

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Saudi to build solar power plant

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Vision Electro Mechanical Company, a subsidiary of Saudi based Construction Products Holding Company (CPC), plans to construct a 130KW solar power plant in the Kingdom's Bahra region in alliance with California-based SolFocus.

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Egypt is expanding its power capabilities

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Egypt is in the process of expanding the country's power capabilities by building new power plants and is taking the first step to the creation of an Egyptian Electricity Market which would be a first for the region.

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Syria builds new power plant

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Syria has awarded Ansaldo Energia, a unit of Italy's Finmecannica, and Greece's Metka, part of Mytilineos Holdings, to build a $973mn power generating plant in the country.

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