The total value of power generation construction projects in the pipeline in the Middle East and Africa (MEA) currently stands at US$876.6bn, with Saudi Arabia and South Africa accounting for the largest shares, valued at US$275.5bn and US$167.4bn respectively
Energy
Iran plans first renewable energy projects tender by 2016-end
Iran is planning its first tender for utility-scale renewable-energy projects by 2016-end so that it could draw US$12bn investment by the time it is complete, reports suggest
SEC and ACWA Power acquire refinancing of Rabigh 1 power plant
Saudi Electricity Company (SEC) and ACWA Power have announced that Rabigh 1 independent power project (IPP) has acquired refinancing of its senior facilities
UAE?s Barakah nuclear plant completes safety tests at Unit 1
The Emirates Nuclear Energy Corporation (ENEC) has recently completed important tests at Unit 1 of the Barakah Nuclear Energy Plant in the UAE
Masdar-led group wins Dubai?s 800MW third phase of solar park
Dubai Electricity and Water Authority (DEWA) has selected Masdar-led consortium to build the 800MW third phase of Dubai?s Mohammed bin Rashid Al Maktoum Solar Park, which will be constructed based on the Independent Power Producer (IPP) model