A possible Middle Eastern initiative could be a solution to the current restrictions imposed on Iran pertaining to the nuclear deal, say research analyst Arun Kumar Sampathkumar and consultant Lawrence Surendra from Frost & Sullivan
Energy
Clean energy generation will not be threatened by falling oil price, says Citigroup Inc.
The outlook for renewable energy development looks bright in 2015, despite the fall in oil prices, according to a report by Citigroup Inc.
SEC and GE sign MoU to manage power plants in Kingdom
Saudi Electricity Company (SEC) and GE have signed an MoU to establish a joint venture (JV) company that will extend operations and maintenance to support SEC?s power plants in the Kingdom
DEWA signs power purchase agreement for solar plant in Dubai
Dubai?s Electricity and Water Authority (DEWA) has signed a power purchase agreement (PPA) and shareholder agreement for the second phase of the 200MW solar plant at Mohammed bin Rashid Al Maktoum Solar Park in Dubai
Japan, Saudi Arabia and Oman consortium to develop US$630mn power plant
Japan?s Mitsui, Saudi Arabia?s ACWA Power and Oman?s Dhofar International Development and Investment Holding (DIDIC) have secured a contract from the Omani government to build and operate a US$630mn natural gas-fired power plant in Salalah, Oman