MENA power sector needs $209bn investments until 2023: APICORP
Close to 87GW of generation capacity is currently under execution, driven by the UAE (19%), followed by Saudi Arabia (17%) and Egypt (16%)
Saudi Arabia’s Alfanar gets $75mn funding for renewable energy projects
The financing has come from the multilateral development financial institution Apicorp, which signed a strategic five year Murabaha financing facility with the EPC contractor
Yellow Door Energy Raises $65mn to boost regional solar transition
The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar
Energy Storage: A transformation gaining pace
Batteries will play a central role in the push to enhance energy security, by paving the way for exponential growth in the Middle East’s low-carbon and renewable energy plans, says Mirko Molinari, Global Co Comment: Energy Storage: A transformation gains pace mmercial and Marketing Executive, GE Power
Saudi Arabia Switches On Power Sector Reforms
APICORP report describes how Saudi Arabia is beginning to implement a long-awaited overhaul of its power sector to curb rising demand and promote more competition
MENA Renewables Maintaining Momentum, APICORP
Many energy-importing countries, most notably Morocco, Jordan and the UAE, will continue to accelerate the development of their renewable-energy sectors, while Saudi Arabia issued its first tender after a bit of delay

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