Acwa Power launches $1.3bn sukuk
The firm will launch the maiden Islamic bond sale in Saudi Arabia only
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June deadline for 1GW Saudi solar schemes
The category B projects comprise the 700MW solar PV IPP in Al-Rass and the 300MW...
EVs finally beginning to fulfil prophecies in 2020 as sales grew 40.9% YOY
Despite the COVID-19 pandemic causing a decline in the global auto industry, sales of electric vehicles (EVs) grew 40.9% year-on-year...
COVID-19 and sustainability among top themes set to impact power industry in 2021
COVID-19 and sustainability will continue to heavily impact the power industry.
India on course to achieve only 65-69% of its 2022 renewable target
India made giant strides to become one of the largest renewable markets in the world after setting up an ambitious...
Lebanon receives fuel for power plants
Two gasoil tankers with cargo destined for Lebanon's two power plants that temporarily ceased operations recently due to lack of fuel are understood to have discharged their cargo, according to industry sources.…
Abu Dhabi waste-to-energy request expected in May
Abu Dhabi is expected to issue the request for qualifications (RFQ) next month for its first waste-to-energy (WTE) project, according to industry sources. The proposed plant's waste treatment capacity may also be…
Saudi Arabia moves on $5bn hydrogen project
Design and early works are now underway for Saudi Arabia's $5bn Helios Green Fuels project, an industry source tells MEED. This development follows a report in January that the team behind the project has…
Banks sign financing agreement for Saudi solar plant
Three local and international banks have signed a project finance agreement with Saudi Arabia’s South Rabigh Renewable Energy Company (SRREC) for the planned Rabigh solar photovoltaic (PV) independent power project (IPP).…
Four banks to provide Yanbu 4 financing
Four banks, including Korea Development Bank, Standard Chartered Bank, and the Saudi-based National Commercial Bank and Riyadh Bank will provide financing that includes an 80% senior debt for Saudi Arabia’s…
Bids submitted for Dubai electromagnetic pulse study
The Dubai office of US-based legal firm PwC has submitted a low bid of AED1.76m ($479,238) for a contract to undertake an electromagnetic pulse (EMP) resilience study for the state…
