Power & Water

US$1.7 billion power plant contract awarded by Oman



Oman has awarded France's GDF Suez a US$1.7 billion contract to build two power plants. A tender board official told Reuters, “GDF Suez has signed a 15-year contract with the government in a BOOT (build, own, operate and transfer) model for which the company will spend 700 million rials."

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Saudi Arabia aims to bolster renewable energy output

Saudi Arabia aims to bolster renewable energy output

An executive from state oil company Saudi Aramco has said that renewable sources could account for up to 10 per cent of Saudi Arabia's power output by 2020 with prices coming down and a regulatory framework in place.

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Positive momentum seen for genset market

THE MIDDLE EAST diesel genset market has reached the maturity stage, and will continue to project stable growth rates in the future. Currently, the market is highly concentrated in industrialized countries including Saudi Arabia and the UAE.

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Energy saving measures needed in Sharjah

COMMERCIAL AND RESIDENTIAL property owners and tenants in Sharjah who have failed to take energy saving measures will have seen their electricity bills double by millions of dirhams in just two years, according to a recent survey.

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Solar power to heat 90 per cent of water for ADNEC hotel

ABU DHABI NATIONAL Exhibitions Company (ADNEC) has revealed that more than 90 per cent of the hot water at its 408 bedroom Aloft Hotel will be supplied through energy harnessed from solar panels.

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