Dubai Electricity & Water Authority (DEWA) has appointed a Deloitte-led global consortium as a consultant for ..Read More

Dubai Electricity & Water Authority (DEWA) has appointed a Deloitte-led global consortium as a consultant for Phase 7 of the Mohammed bin Rashid Al Maktoum Solar Park, which will add 1,600MW of solar PV and a 1,000MW battery energy storage system (BESS). Set for phased commissioning between 2027-2029, this solar-plus-storage project will help Dubai exceed its 5,000MW clean energy target before 2030. Deloitte will oversee IPP tendering, financial structuring, investor outreach, and regulatory alignment, reinforcing Dubai’s goal of 100% clean energy by 2050.
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• Power

Linxon has been awarded a turnkey EPC contract by TAQA Transmission to develop a 400/220 kV substation at ICAD ..Read More

Linxon has been awarded a turnkey EPC contract by TAQA Transmission to develop a 400/220 kV substation at ICAD-4 in Abu Dhabi, UAE. The project supports grid development and the retirement of Sas Al Nakheel generation plant, meeting the growing power demand of Abu Dhabi’s mega projects. Linxon’s scope includes GIS switchgear (400kV, 220kV, 33kV), 500 MVA transformers, SCMS, telecom, and civil works, with commissioning set for 2028. This reinforces Linxon’s commitment to regional infrastructure expansion.
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• Power

Parsons announced $475 million in new contracts as part of its Q4 2024 results. In Saudi Arabia, it secured tw ..Read More

Parsons announced $475 million in new contracts as part of its Q4 2024 results. In Saudi Arabia, it secured two contracts worth $275 million with a three-year duration, booking the first option period in Q4 2024. In UAE, it won a $200 million follow-on program and construction management contract in Dubai. Total Q4 revenue rose 16% to $1.7 billion, driven by 14% organic growth and acquisitions, with strong gains in critical infrastructure protection and cyber markets.
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• Construction

REEF Luxury Developments has broken ground on REEF 1000 in Dubai Land Residential Complex, featuring the world ..Read More

REEF Luxury Developments has broken ground on REEF 1000 in Dubai Land Residential Complex, featuring the world’s first Sunken Balcony with outdoor cooling. The ceremony included planting the first of 126 olive trees, symbolizing sustainability. CEO Samer Ambar emphasized the project’s innovation and premium lifestyle offerings, aligning with Dubai’s vision for cutting-edge luxury living.
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• Construction

Baker Hughes signed an MoU with Kuwait Oil Company (KOC) to establish a research and development center in Kuw ..Read More

Baker Hughes signed an MoU with Kuwait Oil Company (KOC) to establish a research and development center in Kuwait, focusing on optimizing production using artificial lift, chemicals, and digital technology. The collaboration aims to address KOC’s technology challenges, develop national research capabilities, enhance local expertise, and promote economic growth and employment. Baker Hughes expressed pride in contributing to the progress of Kuwait’s oil and gas industry.
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• Oil & Gas

TrinaTracker, a subsidiary of Trinasolar, is establishing a 3GW solar tracker manufacturing facility in Jeddah ..Read More

TrinaTracker, a subsidiary of Trinasolar, is establishing a 3GW solar tracker manufacturing facility in Jeddah’s 3rd Industrial City, set to begin operations in Q1 2025. The factory, part of a land-lease agreement with MODON, supports Saudi Vision 2030 by boosting local renewable energy capabilities, creating jobs, and enhancing energy sustainability. The zero-emission facility will produce Vanguard solar trackers optimized for the region’s climate and improve delivery efficiency and service for MEA clients. This initiative strengthens TrinaTracker’s global footprint while advancing the region’s clean energy transition.
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• Manufacturing

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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• Power
• PPP

Masdar, TotalEnergies, and EPointZero have signed a Framework for Action (FFA) agreement to enhance clean ener ..Read More

Masdar, TotalEnergies, and EPointZero have signed a Framework for Action (FFA) agreement to enhance clean energy access in Africa and Asia. Masdar and TotalEnergies will focus on sustainable electricity in Africa and clean energy projects in Southeast Asia, while TotalEnergies and EPointZero will support India’s decarbonization through solar, wind, and storage. Signed at the UAE-France High-Level Business Council in Paris on February 16, the FFA aims to drive energy transformation in emerging markets.
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• Power