The Kuwait Fund for Arab Economic Development (KFAED) has revealed plans to provide US$154.6mn to finance a new wind power project in Jordan
Renewables
ACWA Power begins work on Moroccan solar plant

The solar project will be part of a 500MW solar complex that Morocco has plans to build in the Ouarzazate area. (Image source: Andreas Demmelbauer/Flickr)
Saudi Arabian power plant developer ACWA Power International has started work on building a 160MW concentrated solar thermal facility in Morocco
Abu Dhabi's Masdar to target UK renewables sector

Masdar?s stake in the London Array scheme ? the largest offshore wind farm in the world ? is valued at more than US$500mn. (Image source: gumuz/Flickr)
Abu Dhabis Masdar has signed an agreement with the UK Green Investment Bank (GIB), which will see both organisations explore opportunities for project investment within the UKs renewable energy sector
Soitec and Khaled Juffali sign solar agreement

KJC will create a joint venture with Soitec to sell concentrator photovoltaic systems in Saudi Arabia. (Image source: Pink Dispatcher/Flickr)
Saudi Arabian investment firm Khaled Juffali Company (KJC) and French solar power solutions provider Soitec have entered into an agreement that will see the companies cooperate to boost the solar energy sector in Saudi Arabia