"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.
Energy
Power investments estimated at more than US$54 billion
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.
Qatar Solar Technologies to build a US$1 billion polysilicon plant
SEC launches Saudi?s first solar-powered power station
Saudi Electricity Company (SEC) launched Saudi Arabia?s first solar-powered electricity-generating power station.
DEWA extends final date for Hassyan-1 IPP bids
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.