Energy

Egypt?s Kom Ombo solar plant receives US$114mn financing package

The development of the Kom Ombo solar plant will add 200MW of energy capacity, increasing the share of renewable energy in Egypt?s energy mix and further promoting private-sector participation in the Egyptian power sector. (Image source: andreas160578/Pixabay)

The European Bank for Reconstruction and Development (EBRD), the OPEC Fund for International Development (the OPEC Fund), the African Development Bank (AfDB), the Green Climate Fund (GCF) and Arab Bank have signed a US$114mn financing package with ACWA Power for the construction of the largest private solar plant in Egypt

Oilfields Supply Center will invest US$570mn in King Salman Energy Park (SPARK)

SPARK is on track to become the world?s leading energy-focused ecosystem. (Image source: OSC)

Oilfields Supply Center will invest US$570mn in King Salman Energy Park (SPARK)

Siemens Energy extends its digital power transmission portfolio

Infographic ? Siemens Energy edge products. (Image source: Siemens Energy)

The energy transition is challenging the power grids: Wind and sun feed in renewable energy in a highly fluctuating manner, and the complexity and connectivity of our energy infrastructure continues to grow

ACWA Power inaugurates first utility renewable project in Saudi Arabia

The 300MW PV plant exemplifies the role of PPPs in enabling socio-economic progress in KSA, achieving nearly 100% job localisation. (Image source: ACWA Power)

ACWA Power has inaugurated the 300 MW Sakaka PV IPP, KSA?s first utility scale renewable energy project, at an investment value of US$320mn (1.2 billion Saudi riyals)

Siemens Energy to build grid stabilisation stations in Sudan

This project will help Egypt export reliable power to its neighbour. (Image source: Siemens Energy)

The Egyptian Electricity Transmission Company and the Sudanese Electricity Transmission Company have awarded Siemens Energy with a contract to build grid stabilisation stations in Sudan which will stabilise the grid and ensure a reliable flow of power from Egypt to Sudan