The company issued a license request for offshore wind projects in 10 areas.
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Projects aim to increase wind and solar energy capacity in the Middle East and North Africa from 12.1 to 73 GW by 2030. Oman, Morocco, Algeria and Kuwait have some of the most ambitious plans.
According to the Ernst & Young index, the United States and China occupy the top positions in ranking the most attractive countries for investment in the sector, while Morocco and Egypt are at the forefront among Arab nations.
A request for bids is out for construction of a wind farm in Aleppo and for procurement of a natural gas turbine. The deadline is January 20, 2021.
Minister of Mines and Energy, Bento Albuquerque, said the work of Angra III power plant is set to resume in 2020.
Alfanar is an industrial and construction conglomerate that operates in the power sector in several countries. Arab Chamber executives visited the company’s complex outside Riyadh.
Two auctions to hire new energy are predicted to 2019, two to 2020, and another two to 2021, according to Brazilian Ministry of Mines and Energy.
Power company Companhia Energética de São Paulo (CESP) was sold to the sole bidder at the São Paulo Stock Exchange this Friday (19).
According to the country’s minister of Energy, Mines and Sustainable Development, Aziz Rebbah, 75% of the amount will go to the development of renewable sources.
The photovoltaic park has 103 megawatts of capacity and will generate power to 50,000 households.
