Power & Water

Dewa has massively expanded a planned CSP project securing a lower per-kWh price. But its current tariffs will barely cover the cost of the plant’s electricity.

Libya has ambitious power plans. It has awarded contracts to GE & Siemens. But chronic instability means the situation continues to get worse rather than better.

Libya’s key gas output comes from fields operated by the Eni-led Mellitah Oil & Gas consortium, namely the offshore Bahr...

The EBRD development bank has secured $65mn of financing for a 51MW solar PV power plant in Jordan, to be...

Saudi Arabia’s crude exports are at their lowest level since August 2014 as the kingdom deals with the double-whammy of increased summer demand and reduced output in accordance with last November’s Opec agreement.

The new chief of Sonelgaz is sticking to an old policy – no external debt. The company says it can meet rising demand. But big CCGT projects are running late.

Iraq is building over 10GW of new gas-fired capacity, but there may not be enough of the choice fuel despite rising sales gas volumes and imports from Iran.

The Saudi energy ministry’s renewables unit Repdo has qualified 25 bidders for the kingdom’s first utility-scale wind project. Riyadh has meanwhile inked deals with China for a wind turbine factory and nuclear cooperation.

Saudi state power firm SEC has tapped the international finance market for the first time this year, taking its total outside funding since 2007 to $36.2bn.