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Oil-Poor Arab States Get Multilateral Finance Boost For Renewables
...ectricity from renewables. EBRD and IFC began investing in energy projects in Egypt, Jordan, Morocco and Tunisia as part of the IMF’s ‘Arab Countries in Transition Program’ which followed the 2011 ‘Arab Spring.’ This targeted these four countries plus Yemen and Libya (MEES, 24 October 2014). At the re...
Volume: 59Issue: 48Published at Fri, 02 Dec 2016 -
Egypt Joins MENA Nuclear Club Through 4.8gw Deal With Russia
...actors at Bushehr, under a four-plant deal. However, the deal envisages Iran making its own fuel rods, which may prove a sticking point as the deadline for lifting international sanctions against Iran draws close (MEES, 21 November 2014). Meanwhile, Jordan has signed an agreement with Rosatom for two 1G...
Volume: 58Issue: 48Published at Fri, 27 Nov 2015 -
Hydrocarbons Remain Key To MENA Power Expansion
...nagement contract for PP13 and PP14 to Australia’s WorleyParsons. SEC plans to award engineering, procurement and construction (EPC) contracts for the plants in 2014 with a view to 2017 start-up (MEES, 3 May). In September, Korea’s Hyundai awarded France’s Alstom a €170mn contract for four 720MW steam tu...
Volume: 56Issue: 48Published at Fri, 29 Nov 2013 -
Oman Plans First Solar Unit Under Rural Plan
...ar. Start-up is scheduled for June 2014. AER decreed in March that Raeco must incorporate renewables technology – either solar or wind – in each project for which it seeks authority funding. AER estimates Raeco’s total generating capacity at 282MW from 45 diesel-fired plants. Most of Oman’s ca...
Volume: 56Issue: 48Published at Fri, 29 Nov 2013 -
Iran Nuclear Plant Shut Down, UAE Gauges Impact Of Korea Safety Scam
...ak and observed that the installation of cooling and moderator circuit piping was continuing. “During the DIV,” said the report, “Iran stated that the operation of the IR-40 reactor was now expected to commence in the first quarter of 2014.” Mr Albright said the Arak construction delay was widely an...
Volume: 55Issue: 48Published at Fri, 23 Nov 2012