- March 13, 2025
GS Inima has signed a Power Purchase Agreement (PPA) for the 6.5 MWp Barka 5 Photovoltaic (PV) Plant in Oman, ..Read More
GS Inima has signed a Power Purchase Agreement (PPA) for the 6.5 MWp Barka 5 Photovoltaic (PV) Plant in Oman, aimed at integrating renewable energy into its desalination operations. Construction will begin soon, with the plant expected to be operational by Q1 2026, supplying 11% of the facility's electricity needs until June 30, 2044. This initiative highlights GS Inima’s commitment to reducing its carbon footprint and enhancing sustainability in water treatment.
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- March 04, 2025
Saudi Water Partnership Company (SWPC) signed agreements for the Jubail-Buraydah Independent Water Transmissio ..Read More
Saudi Water Partnership Company (SWPC) signed agreements for the Jubail-Buraydah Independent Water Transmission Pipeline (IWTP) project with a consortium of Aljomaih Energy & Water, Nesma Co. Ltd., and Buhur for Investment. The SAR 8.5 billion project will have a 650,000 m³/day capacity, spanning 587 km, with strategic storage tanks in Al-Shamasiyah (6) and Al-Jubail (3). Awarded under a BOOT model after competition from 32 companies, it will commence operations in Q2 2029 with a 35-year concession. The project aligns with Vision 2030, ensuring efficient water supply with lower energy costs and increased Saudization.
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- March 01, 2025
Qatar General Electricity & Water Corporation (KAHRAMAA) and Qatar Electricity and Water Company (QEWC) signed ..Read More
Qatar General Electricity & Water Corporation (KAHRAMAA) and Qatar Electricity and Water Company (QEWC) signed a Power Purchase Agreement for 511 MW peak electricity generation units at Ras Abu Fontas, valued at approximately 1.6 billion Qatari Riyals, with operations set to begin in January 2027. The project aims to enhance grid stability, support renewable energy integration, and align with Qatar’s National Renewable Energy Strategy. This collaboration highlights Qatar’s commitment to energy security, sustainability, and modernization of its electricity sector.
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- March 01, 2025
KAHRAMAA and QEWC signed a QAR 1.6 billion Power Purchase Agreement for 511 MW peak electricity generation uni ..Read More
KAHRAMAA and QEWC signed a QAR 1.6 billion Power Purchase Agreement for 511 MW peak electricity generation units at Ras Abu Fontas, starting January 2027. The project enhances grid stability, energy security, and renewable integration under Qatar’s National Renewable Energy Strategy. It marks strong public-private collaboration to ensure efficient, sustainable electricity supply while modernizing the energy sector.
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- February 25, 2025
DEWA has launched a competitive tender for Phase VII of the Mohammed Bin Rashid Al Maktoum Solar Park, featuri ..Read More
DEWA has launched a competitive tender for Phase VII of the Mohammed Bin Rashid Al Maktoum Solar Park, featuring 1,600-2,000 MWac of solar PV and 1,000 MW of battery storage. The project, to be developed under an IPP model, will be commissioned in phases starting August 2027, with power sold under a long-term PPA. Interested bidders must submit an EOI by March 21, 2025. Deloitte-led consortium has been appointed as the project consultant.
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- February 20, 2025
ACWA Power, SEC, and Haji Abdullah Alireza & Co. signed a SAR 13.4 billion PPA with SPPC for the Qurayyah IPP ..Read More
ACWA Power, SEC, and Haji Abdullah Alireza & Co. signed a SAR 13.4 billion PPA with SPPC for the Qurayyah IPP Expansion Project, a 3,010 MW CCGT power plant in Saudi Arabia’s Eastern Province. The 25-year project, with 40% stakes each for ACWA and SEC, includes carbon capture readiness and aims to enhance power generation efficiency, support Vision 2030, and reduce reliance on liquid fuels.
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- February 20, 2025
MODON, in collaboration with NCP, has launched an EOI for the Logistics Zone Development in Dammam 2nd Industr ..Read More
MODON, in collaboration with NCP, has launched an EOI for the Logistics Zone Development in Dammam 2nd Industrial City under a PPP (DBFOMT) model for 30 years. Spanning 850,000 sqm, the project will enhance Saudi Arabia’s logistics infrastructure, supporting Vision 2030. The private sector partner will finance, design, build, operate, and commercialize modern logistics and warehousing facilities, boosting trade and industrial expansion.
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- February 18, 2025
ACWA Power signed an SAR 8.6 billion PPA with EETC to develop, own, and operate a 2.0 GW wind power plant in H ..Read More
ACWA Power signed an SAR 8.6 billion PPA with EETC to develop, own, and operate a 2.0 GW wind power plant in Hurghada, Egypt, under a 25-year contract. The project includes financing, construction, and operation. Earlier, in January 2025, ACWA Power and HAU Energy achieved financial close for the 1.1 GW Suez Wind Farm in Egypt.
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