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  1. Algeria’s Power Output Falls For First Time On Record In 2020

    ...are of renewables in the energy mix. Here, policymakers have talked a good game but grossly underdelivered. In 2011 Algeria announced plans to install 22GW of renewables by 2030. Fast forward nearly a decade and the country only has 448MW of solar PV (mostly off-grid), 10MW of wind and 228MW of hydro ac...

    Volume: 64
    Issue: 04
    Published at Fri, 29 Jan 2021

  2. Saudi Electricity Borrows $2.6bn To Fund Capital Projects As Debts Soar

    ...nance is rising, more than doubling from just over $5bn in 2011 to over $11bn at the end of 2016 (see charts). As a well-capitalized state firm from a country with a high investment-grade credit rating, SEC’s debt continues to have no shortage of takers. Speaking of the latest loan, SEC chief ex...

    Volume: 61
    Issue: 04
    Published at Fri, 26 Jan 2018

  3. SEC Profits Up 20% In 2012

    ...  SAUDI ARABIA   SEC Profits Up 20% In 2012   Saudi Electricity Company (SEC) announced on 20 January that it made a profit of SR2.563bn ($683mn) in 2012, compared with SR2.123bn ($566mn) in 2011. Dividends for the year were SR0.62 ($0.17) per share in 2012 compared wi...

    Volume: 56
    Issue: 04
    Published at Fri, 25 Jan 2013