Taqa consortium to build the world’s largest solar plant
Taqa and Masdar said their consortium with partners French group EDF and China’s JinkoPower will develop the world’s largest solar plant.
Power and Utilities
ADPower transfers its power assets to Taqa
ADPower transfers the majority of its power and water generation, transmission and distribution assets to Taqa in exchange for 106,367,950,000 new shares.
ACWA Power ups stakes in Hajr Electricity Production Co
ACWA Power ups stakes in Hajr Electricity Production Company from 17.5% to 22.49% following the partial acquisition of Samsung C&T’s equity.
Saudi-UAE consortium to build desalination plant in Umm Al Quwain
Acwa Power, FEWA and Mubadala Investment have entered into a water purchase agreement for a 150m imperial gallon p/d desalination plant in Umm Al Quwain.
ACWA Power, AlGihaz achieve financial closure for Sakaka PV IPP
ACWA Power and AlGihaz Holding form Sakaka Solar Energy Company to own the Sakaka PV Plant and conclude a 25-year PPA with Saudi Power Procurement Company.
Saudi Aramco, ACWA Power, Air Products to form JV
Saudi Aramco, ACWA Power, and Air Products to form an over $8 billion Gasification/Power joint venture (JV) located at Jazan Economic City in Saudi Arabia.
Emicool awarded contract for Expo 2020 cooling plant
Emicool has been awarded the contract for a district cooling plant serving the Expo Village, Dubai South Mall and the new Conference and Exhibition Center at the Expo site.
Mark Reddemann to lead UAE nuclear plant operator
The Board of Directors of Nawah Energy Company announced the appointment Mark Reddemann, a former Energy Northwest executive, as the company’s new Chief Executive Officer.
Metito to build desalination plant in KAEC
King Abdullah Economic City (KAEC) has signed a contract with Metito Saudi Ltd for the design and construction of a seawater desalination plant powered by solar energy valued at SAR 220.4 million.