A new report by Deloitte highlights the positive effect that recent changes in regional policies towards renewable energy will have on private sector opportunities in the GCC
Energy
SEC awards new substations contracts to ABB
ABB has won orders worth more than US$30 million to design, supply, install and commission two substations for Saudi Electricity Company (SEC)
Jordan completes deal for oil shale-fired power plant
Jordan?s ministry of energy and mineral resources has reached an agreement with Estonian-Malaysian consortium Enefit to develop a 460 MW oil shale-fired power plant in the country
QSTec secures US$1 billion funding for polysilicon plant
Qatar Solar Technologies (QSTec) has secured financing from Masraf Al Rayan Islamic Bank for the construction of its US$1 billion polysilicon manufacturing plant
Operations begin at Iraqi power plant
The Taji?power plant in Iraq has?entered commercial operation adding 160MW of critical capacity to the countrys grid