05 Jun 2018

‘Private sector to continue to play key role in economic development’, says Qatar Chamber’s Sheikh Khalifa

The past year has witnessed the resiliency and strength of Qatar’s private sector in overcoming the challenges wrought by the economic blockade imposed against the country by Saudi Arabia, the UAE, Bahrain, and Egypt. According to Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani, the country’s private sector will continue

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05 Jun 2018

GGF to provide USD 37.4 mn for Serbia’s first wind farms

The fund said it would provide 18.35 million euros for the 158 megawatt (MW) Cibuk windfarm, Serbia’s biggest, which will be built 50 kilometres (31 miles) northeast of Belgrade. The Green for Growth Fund (GGF) said on Tuesday it would provide 32 million euros ($37.44 million) financing for Serbia’s first

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30 May 2018

World Bank helps Bangladesh expand access to renewable energy

The Bangladesh government has signed a $55 million financing agreement with the World Bank to expand renewable energy uses in rural areas. The agreement was signed by Kazi Shofiqul Azam, secretary of Bangladesh’s Economic Relations Division, and Fan Qimiao, Asian Development Bank country Director for Bangladesh, Bhutan, and Nepal on

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28 May 2018

IFC helps Uzbekistan develop renewable energy through public-private partnership

IFC, a member of the World Bank Group, has signed a mandate with the government of Uzbekistan to increase its renewable power capacity and encourage private sector investment in Uzbekistan’s renewable-energy sector. As transaction advisor, IFC will advise the government and the state-owned national power utility, Uzbekenergo on structuring a

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08 May 2018

SkyPower signs PPA with Uzbekistan for 1GW solar energy

Canada-based utility-scale solar power plant developer SkyPower has signed a new power purchase agreement (PPA) with the Government of Uzbekistan for the proposed 1GW of solar plants to be built in the country. Under the terms of the deal, SkyPower will sell power generated from the new solar power plants,

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04 May 2018

City of Toronto to develop low-carbon thermal energy networks with renewables

The City of Toronto and private energy provider Enwave Energy Corporation (Enwave) have established a partnership to co-develop low-carbon thermal energy networks in Toronto using energy from renewable sources such as heat recovery, geo-exchange and solar thermal. The projects will advance the objectives of the City’s TransformTO Climate Action Strategy and will use renewable

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27 Apr 2018

Serbia starts to embrace clean energy

2018 will be a crucial year for Serbia’s energy sector as 250 megawatts from renewable sources are to be connected to the grid. The same amount again will come online in 2019.  The bulk of renewable energy in Serbia comes from wind power but solar energy is currently underutilised. Serbia’s

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25 Apr 2018

Saudi privatisation programme targets $10b non-oil revenues by 2020

The initiative targets 14 public-private partnership investments worth 24b to 28b riyals Saudi Arabia aims to generate 35 billion to 40 billion riyals ($9 billion to $11 billion) in non-oil revenues from its privatisation programme by 2020 and create up to 12,000 jobs, according to a document published by the

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25 Apr 2018

Public Private Partnership-PPP Policy Board Approves Setting Up Of 50 MW Power Plant For K-IV

The 25th meeting of Public Private Partnership-PPP Policy Board held under the chairmanship of Sindh Chief Minister approved establishment of 50 MW power project for K-IV, Theme Park and establishment of wholesale dates market Khairpur. The projects which under discussion in the board include Livestock Tagging project, Local government’s Karachi

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11 Apr 2018

Govt signs $4bn Hoima oil refinery agreement

The government of Uganda yesterday signed the contract for the construction of the $4 billion oil refinery, offering further clarity on how the country’s oil resources will be exploited, writes JEFF MBANGA.  Minister of Energy and Mineral Development Irene Muloni signed the contract with the Albertine Graben Refinery Consortium, which

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