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Egypt Inaugurates 200mw Gebel El Zeit Wind Farm
...vestment Bank provided a further €50mn and the European Commission €30mn. The project was slowed by the 2011 ‘Arab Spring’ uprising and subsequent political turbulence, a Ministry of Electricity and Energy official told reporters. Project go-ahead was given in late 2008 and the financing deal was co...
Volume: 58Issue: 49Published at Fri, 04 Dec 2015 -
SEC Awards Revised Rabigh-2 IPP Project
...rayyah was originally conceived as a 1.8GW plant, but its capacity was hiked due to cost savings on tariffs (MEES, 26 September 2011). The 1.73GW Riyadh PP11 project, led by France’s GDF Suez, reached full capacity in early 2013, having begun early power generation of 600MW in June 2012 (MEES, 19 April). Ar...
Volume: 56Issue: 49Published at Fri, 06 Dec 2013 -
Saudi Crude Burning For Power Continues To Rise
...rget, it will struggle to keep pace with power sector demand. According to data given by Saudi Arabia to Joint Oil Data Initiative (JODI), Saudi direct crude oil burning in power stations rose 3.7% to 779,000 b/d in the peak month of August from 751,000 b/d in August 2011 – although some an...
Volume: 55Issue: 49Published at Fri, 30 Nov 2012 -
MENA Pushing Solar As Climate Change Talks Start In Doha
...a substantial fall in costs, because of widening deployment and substantial oversupply. The agency’s World Energy Outlook 2012 envisages global solar PV capacity increasing from 67gw in 2011 to 600gw in 2035. Yet in 2035 solar PV will account for only 7.5% of global renewables capacity – half will co...
Volume: 55Issue: 49Published at Fri, 30 Nov 2012 -
Algeria Awards Ain Arnat Contract To Korean Firms
...mand growth of 12.3% a year between now and 2017. Sonelgaz noted that demand on the grid outstripped supply in August, with record demand of 10.06gw exceeding the 2011 peak by more than 14% (MEES, 27 August). Sonelgaz was forced to undertake load-shedding over the summer, particularly in the southeast, be...
Volume: 55Issue: 49Published at Fri, 30 Nov 2012