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Gulf Countries Throw Jordan A $2.5bn Lifeline Amid Unrest
...financial and development aid over a five-year period (MEES, 25 January 2013). Agreements to disburse some of this aid were signed in early 2013, and some funds were actually allocated to specific development projects. But the flow of GCC aid slowed with the 2014 crash in oil prices. With the re...
Volume: 61Issue: 24Published at Fri, 15 Jun 2018 -
EBRD Kick-Starts Egypt Solar With $500mn Investment In 16 PV Projects
...ypt,” says EBRD head of power and energy Harry Boyd-Carpenter. “We have been working with the Egyptian authorities since 2014 to help them fulfil their ambitious goals in this area. We are delighted now to be in a position to commit very significant financing to projects, which we expect to start co...
Volume: 60Issue: 24Published at Fri, 16 Jun 2017 -
Oman’s OPWP Targets 5% Efficiency Improvement In Power Generation
...nerating efficiency. Oman Power and Water Procurement Company (OPWP) delivered 27.1TWh of electricity to customers in 2014, a rise of 13.6% over the 23.9TWh produced in 2013. The company’s current forecast sees Oman’s total peak electricity demand rising 85% by 2021, but warns that beyond 2019 gas av...
Volume: 58Issue: 24Published at Fri, 12 Jun 2015 -
Renewables: Turkey, UAE Make Progress But MENA Investment Lags
...REGIONAL/TURKEY/UAE Turkey and the UAE made their mark on the global renewables scene last year, according to Paris-based global renewable energy think-tank REN21. The agency’s Renewables 2014 Global Status Report says Turkey added the second largest amount of geothermal generating ca...
Volume: 57Issue: 24Published at Fri, 13 Jun 2014