Dubai: Saudi Arabia’s private sector power and water entity ACWA Power secures agreements totalling $1.8 billion (Dh6.6 billion) to develop renewable energy and battery storage initiatives, as well as research and development,…
Tag: power
Qatar, France to develop solar power plant in Iraq
Dubai: QatarEnergy, petroleum company, and France’s TotalEnergies have signed a deal to develop a solar power plant as part of Iraq’s gas growth integrated project (GGIP). The two companies will share ownership…
Manila nuclear forum: Philippines targets first nuclear power plants in 2032
Manila: The Philippines is poised to take a monumental leap into the nuclear age, with plans for its first commercially operational nuclear power plants to come online, delivering an initial 1,200 MW…
Qatar bids for new 500MW power plant
Dubai: Qatar Electricity and Water Company, in collaboration with Qatar General Electricity and Water Corporation (Kahramaa), is exploring a project to build, own, and operate peak power units with a capacity of…
Acwa power joins COP29 as energy and water partner
The Green Zone will feature a range of global businesses showcasing climate-friendly solutions, providing a dedicated space for private sector initiatives. At the global conference, ACWA Power aims to leverage this opportunity…
Bahrain introduces new $85m power and water stations
The electricity station has a capacity of 360 megavolt-amperes (MVA), which is the unit used to measure the apparent power in a circuit and is projected to serve nearly 40,000 users in…
ACWA Power to develop wind power plant in Uzbekistan
This initiative will feature the development of a 200 MW wind power plant and a 100 MW battery storage system in the Biruni region. With an investment of $260 million (Dh954 million),…
Inside Gautam Adani's $200 billion succession plan, power and controversies
In a rare interview, the tycoon outlined his retirement and succession plans for the first time. The interview, which was limited to his leadership transition arrangements, did not address controversies swirling around…
India’s Larsen & Toubro secures key power projects in UAE, Saudi Arabia
In Saudi Arabia, PT&D said it would build a 380kV Substation and 380kV Overhead Line segments, reinforcing the central region’s 380kV network and aiding the country’s clean energy transition. In India, PT&D…
Abu Dhabi's Masdar to issue green bonds in renewables power push
The company, also known as Abu Dhabi Future Energy Co., had previously said it intended to issue as much as $1 billion of green bonds this year. Masdar completed its debut sale…