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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Top Government Initiatives in Power

Read about all the government initiatives in Power

Oman

  •  May 31, 2025

Arctech has signed a strategic contract with India’s ACME Cleantech Solutions to supply 175 MWp of solar tra ..Read More

Arctech has signed a strategic contract with India’s ACME Cleantech Solutions to supply 175 MWp of solar trackers for a 300 MTPD Green Ammonia Project in Duqm, Oman. Using its Skyline II Single Axis Solar Tracking System, Arctech will deliver systems from July 2025 to withstand the region’s extreme coastal desert conditions. The project supports Oman’s clean energy ambitions and integrates solar PV with green hydrogen production, advancing industrial decarbonization.
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Saudi Arabia

  •  May 29, 2025

ACWA Power (Saudi Arabia) signed MoUs and SPAs with key Malaysian entities during the ASEAN-GCC Summit to expl ..Read More

ACWA Power (Saudi Arabia) signed MoUs and SPAs with key Malaysian entities during the ASEAN-GCC Summit to explore up to 12.5GW of power generation by 2040 with an initial investment of USD 10 billion. Partnerships with MIDA, TNB, Terengganu Inc., and UEM Lestra aim to jointly develop projects in renewable energy, green hydrogen, FPV, CCGT, and water desalination, supporting Malaysia’s NETR and Saudi Vision 2030. The initiative aligns with Malaysia's goal to reach 70% renewable energy by 2050.
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Saudi Arabia

  •  May 29, 2025

Al Yamamah Steel Industries Co. (Saudi Arabia) has secured a SAR 167.6 million (USD 44.7 million) contract fro ..Read More

Al Yamamah Steel Industries Co. (Saudi Arabia) has secured a SAR 167.6 million (USD 44.7 million) contract from Trading & Development Partnership Company to supply steel towers for a 380 kV ultra-high-voltage line in Saudi Arabia’s western region. The contract duration is one year. Previously, the company announced USD 82.4 million worth of contracts awarded by L&T.
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Egypt

  •  May 28, 2025

GE Vernova has secured a contract to supply five 7H-Class gas turbines (three 7HA.03 and two 7HA.02 units) for ..Read More

GE Vernova has secured a contract to supply five 7H-Class gas turbines (three 7HA.03 and two 7HA.02 units) for Saudi Arabia’s 3 GW Qurayyah IPP Expansion Project, awarded by EPC JV Técnicas Reunidas (Spain) and Orascom Construction (Egypt). The project supports Saudi Arabia’s goal to derive 50% of its electricity from gas by 2030 and includes future carbon capture readiness. A PPA was signed in Feb 2025 by Hajr Two Electricity Co. with SPPC, aligning with Saudi Vision 2030 and net-zero targets for 2060.
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Egypt

  •  May 27, 2025

Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam ..Read More

Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam turbines and generators for Saudi Arabia's Ghazlan 2 and Hajar Expansion gas-fired power plants, each with a capacity of ~2,900 MW. The contracts were awarded by a joint EPC consortium of Spain's Técnicas Reunidas and Egypt's Orascom. Completion is expected by 2028, with Doosan providing four turbines (2x650 MW, 2x540 MW). The deal boosts Doosan’s presence in the Middle East power sector.
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Egypt

  •  May 27, 2025

Doosan Enerbility (South Korea) has signed contracts worth USD 247.5 million to supply four steam turbines and ..Read More

Doosan Enerbility (South Korea) has signed contracts worth USD 247.5 million to supply four steam turbines and generators for the Ghazlan 2 and Hajar gas-fired power plant expansions in eastern Saudi Arabia, each with a capacity of approx. 2,900 MW. The deals were signed with EPC consortium partners Técnicas Reunidas (Spain) and Orascom Construction (Egypt), with phased completion expected by 2028. Doosan now holds a 33.1% global market share in ultra-large steam turbines for combined cycle plants.
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Saudi Arabia

  •  May 22, 2025

Saudi Arabia’s Ministry of Energy, through SPPC and Nabah Renewable Energy Company (owned by ACWA Power, PIF ..Read More

Saudi Arabia’s Ministry of Energy, through SPPC and Nabah Renewable Energy Company (owned by ACWA Power, PIF’s Badeel, and SAPCO), signed a Solar PV Purchase agreement with Larsen & Toubro, Jinko Solar, and Neway Energy (NPT) for the 1,500 MW Al-Khushaybi Project in Qassim Province. The deal mandates 20% of PV panels to be locally manufactured, promoting localization, local content, and national manufacturing capabilities. This aligns with SPPC’s broader renewable energy expansion announced in June 2024.
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UAE

  •  May 19, 2025

Dubai Electricity and Water Authority (DEWA) has set a new Guinness World Record for the largest single-operat ..Read More

Dubai Electricity and Water Authority (DEWA) has set a new Guinness World Record for the largest single-operator concentrated solar power (CSP) plant at 700 MW, part of the 950 MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase combines 600 MW from CSP parabolic basins, 100 MW from a CSP tower, and 250 MW from photovoltaic panels. The project also holds records for the tallest CSP tower (263.126m) and the largest thermal energy storage system (5,907 MWh). It supports Dubai’s net-zero 2050 goals.
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