ACWA Power has submitted the lowest water levelized tariff of $0.389 per cubic meter for the Hassyan Sea Water Reverse Osmosis (SWRO) Plant in Dubai. The company submitted a Base Proposal of 120 Million Gallons per Day (MIGD) $0.365 per cubic meter for the Alternative Proposal of 180 MIGD for the plant. The project is […]
Author Archives: Baset Asaba
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UAE’s TAQA eyes $3 billion power infrastructure deals in Uzbekistan
TAQA is exploring strategic power investments opportunities in Uzbekistan that collectively could be worth more than $3 billion. These opportunities include new and existing power plants as well as associated power infrastructure. This follows a collaboration agreement between TAQA and the government of Uzbekistan to identify areas of mutual interest. TAQA, also known Abu Dhabi National Energy Co, […]
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ADNOC, ENOC in bidding race for Egypt’s Wataniya
UAE and Saudi based companies have reportedly expressed interest in acquiring substantial stakes, ranging from 20% to 25%, in two Egyptian state-owned enterprises. The Egyptian companies on offer are the National Company for the Sale and Distribution of Petroleum Products, known as “Wataniya,” and the National Company for Natural Water Bottling, known as “Safi.” Among […]
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ACWA Power secures $3.25 billion deals for massive Saudi solar projects
ACWA Power has secured three power purchase agreements (PPAs) valued at $3.25 billion for three large-scale photovoltaic (PV) solar plants. The combined capacity of the three projects will be 4.55 GW, providing renewable energy to around 750,000 households. The projects, named Ar Rass 2, Saad 2, and Alkahfah, are located in the central and northern […]
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UAE’s Masdar to develop massive clean energy projects in Uzbekistan
Masdar has secured a deal to develop over 2 gigawatts (GW) of solar and wind projects and 500 megawatt-hours (MWh) of battery energy storage at multiple sites across Uzbekistan. This follows a joint development agreement (JDA) signed with Uzbekistan’s Ministry of Energy (MoE) and the Ministry of Investments, Industry and Trade (MIIT). The new deal […]
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Masdar, Fertiglobe eye major green hydrogen plant in Abu Dhabi
The proposed plant would have a production capacity of 100 to 200 megawatts
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UAE to generate 6% of its power from nuclear energy
The UAE is the first country in the Middle East and North Africa region to actively utilise nuclear energy, following Iran and Israel
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Egypt seeks stake sale in $6.5 billion Siemens power stations
Selling stakes in the power stations is subject to the approval of German banks
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UAE-Oman-India $5 billion undersea pipeline proposed
Project can lead to an annual saving of around $945 million in comparison to importing similar amounts of liquefied natural gas
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