The nuclear reactors are expected to deliver up to a quarter of the UAE?s electricity needs and save up to 12mn tonnes in carbon emissions every year. (Image Source: Paul J Everett/Flickr)
South Korea?s state run Korea Hydro & Nuclear Power (KNHP) has signed a deal worth an estimated US$880mn to manage four nuclear reactors under construction in the UAE
The event was attended by ENEC senior management, Federal Authority for Nuclear Regulation (FANR) officials, Regulation Supervisory Board (RSB), Abu Dhabi Water and Electricity Authority (ADWEA), Critical Infrastructure and Coastal Protection Authority (CICPA), Western Region Municipality and the Korean Ambassador to the UAE. (Image source: ENEC)
The Emirates Nuclear Energy Corporation (ENEC) has announced the successful installation completion of Unit 3 Reactor Vessel (RV) at Barakah Nuclear Energy Plant in the UAE
Saudi Arabia leads in the nuclear, gas and oil sectors, and is one of the three countries in the MEA region, together with Iraq and Zimbabwe, investing in the oil sector. (Image source: Oran Viriyincy/Flickr)
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
Iran will tender 1GW of wind and as much as 3GW of solar power, in several stages. (Image source: Carlos Koblischek/sxc.hu)
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
The refinancing facilities of over US$1.82bn equivalent in aggregate were provided on a combined conventional and Islamic basis. (Image source: SEC)
Saudi Electricity Company (SEC) and ACWA Power have announced that Rabigh 1 independent power project (IPP) has acquired refinancing of its senior facilities
