Samsung C&T bags $1.27bn EPC deal for Fujairah F3 IPP in UAE
The project was awarded by Japan’s Marubeni Corporation, developer of the 2.4GW project
2,150MW of Egypt’s wind power to come from IPPs
The IPPs that want to build wind farms are based in Germany, China, Saudi Arabia or the United States of America
The GCC needs $109bn for power generation over next 5 years
The MENA Power Industry Outlook 2019 reveals that much of the investment will be focused on diversification and conservation of electricity with a renewed emphasis on solar, renewables and smart grids, which continue to gain region-wide momentum
More GCC utilities embrace the IPP model
The introduction of IPPs in the GCC could be instrumental in meeting rapidly rising electricity demand through increased efficiencies and broader project financing channels
Oman’s Ibri IPP to launch in Q1 of 2019
The gas-fired combined cycle power plant will operate according to the latest global standards to increase the efficiency of operation and production of electricity at a lower price and reduce costs

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