The ground-breaking ceremony for the 300 MW Sakaka PV IPP ? the first renewable energy project under King Salman Renewable Energy Initiative ? was initiated by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia
Energy
TBI, Standard Chartered and GE close US$600mn ?Power Up Plan? in Iraq
Faisal Al Haimus is the chairman and president of Trade Bank of Iraq. (Image source: Trade Bank of Iraq)
Trade Bank of Iraq (TBI), Standard Chartered Bank and General Electric (GE) closed a US$600mn financing agreement that funded an ambitious power project implemented across Iraq
ENEC achieves major progress in construction of Barakah Nuclear Energy Plant

Celebrating the substantial completion of the Brakah Nuclear Energy Plant concrete works. (Image source: ENEC)
The Emirates Nuclear Energy Corporation (ENEC) has completed all main concrete works and heavy equipment lifting for the four nuclear reactor units of the Barakah Nuclear Energy Plant, being built in the Al Dhafra Region of Abu Dhabi
GCC to speed up solar conversion

Region tipped to become global renewables heavyweight, said industry leader. (Image source: Middle East Electricity)
The GCC is likely to speed up its solar energy conversion movement, reaching its 2030 target of a collective 4.6 GW photovoltaic (PV) in power generation to emerge as a global renewables leader, according to Turkish solar power structure supplier, Tekom-Puk
Glasspoint and Occidental of Oman cooperate on solar EOR project

GlassPoints solar energy technology uses mirrors to concentrate sunlight. (Image source: GlassPoint)
GlassPoint Solar and Occidental of Oman have signed a MoU agreement aiming to lead to a large solar thermal energy plant, exceeding two gigawatts, at the Mukhaizna oilfield in Oman