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Dubai Electricity and Water Authority has completed a US$2.70bn refinancing of Noor Energy 1, the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. The 950MW project combines concentrated solar power, parabolic-trough and photovoltaic technologies with thermal-energy storage of up to 15 hours.…
Brookfield's planned investment of up to $600 million in ACME Cleantech Ventures is expected to support development of the second phase of ACME's green hydrogen and ammonia project at the Special Economic Zone at Duqm, Oman. Oman Observer reported the Oman-specific financing development on the…
Riyadh Cement Company has signed a 25-year agreement with Samana Energy for the purchase of electricity generated from solar energy. Electricity supply is scheduled to begin during the fourth quarter of 2027. The project supports Riyadh Cement’s efforts to reduce energy costs and emissions while…
OQ Alternative Energy and Asyad Group have signed an offtake term sheet to advance a green-hydrogen mobility project at Duqm, creating a new link between Oman's emerging hydrogen-production infrastructure and its transport and logistics sector. Under the agreement, Asyad will explore using hydrogen produced by…
Nama Power and Water Procurement has invited proposals for legal consultancy services covering three solar independent power projects planned under Oman’s Solar 2030 programme, according to a report published on 3 September. Each project is planned with generation capacity of approximately 1GW, giving the programme…
Saudi Energy Company and ACWA Power have signed agreements with Saudi Power Procurement Company (SPPC) covering three battery energy storage projects with a combined value of SAR3.25bn ($867m). The Storage Services Agreements were signed on 20 August and cover the Al-Muwaih, Kahafah and Haden independent…
Qatar General Electricity & Water Corporation (Kahramaa) has opened bidding on transmission and distribution infrastructure to serve the planned 2,000MW Dukhan solar power plant, in a contract package estimated to exceed $200m. The scope is split across several packages, including construction of a new 400/220/132kV…
Oman's renewable-energy programme has moved forward with the achievement of financial close for the 120MW Jaalan Bani Bu Ali (JBB) Wind Independent Power Project, bringing the development closer to construction and commercial operation. The financial close was announced on 11 August 2026 by a consortium…
Oman is strengthening its position as a regional hub for clean energy and digital infrastructure with the advancement of two landmark projects—a 2-gigawatt (GW) Jabal Abyad Energy Storage Project and a 1GW Digital Infrastructure Platform—that are expected to generate significant investment and procurement opportunities across…
Saudi Arabia and the United Arab Emirates are significantly expanding their renewable energy portfolios with the launch of new solar and wind projects exceeding 10 gigawatts (GW) of combined capacity, reinforcing the Gulf's transition toward cleaner energy and creating substantial opportunities for contractors, developers and…