A Qatari-German joint venture has taken over Solarworld, once Germany’s biggest solar company, prior to a devastating collapse caused by low-cost Chinese rivals.
GE Renewable Energy has won a contract to supply and build the 344 MW Kokhav Hayarden hydro pumped storage station in Israel.
Finnish technology group Wartsila has won a EPC contract to supply a 22 MW power plant to Morocco's state utility.
Mitsubishi Hitachi Power Systems (MHPS) has secured a contract from Cairo Electricity Production Company (CEPC) to upgrade the 750 MW Cairo North combined cycle gas-fired power plant Module I in Egypt.
UK Export Finance (UKEF) has approved $117 million in financing for an Enka UK and General Electric consortium to deliver two critical power projects in Iraq.
A Siemens-led consortium, which includes Turkerler and Kalyon Enerji holdings has won a $1bn wind energy tender, offering the lowest price to the state with $3.48 cents per kilowatt hour.
GE Energy Financial Services, the energy investing unit of General Electric, supported the raise of ECA financing for Aluminium Bahrain's 1,792 MW combined-cycle power plant in Bahrain, which will power the world’s largest single-site smelter.
Speciality chemical manufacturer Clairant has announced its participation in the German Kopernikus initiative for advancing renewable energy.
Saudi Arabia has moved a step closer toward the construction of its first utility-scale wind power project.
Finnish energy group Wartsila has signed its first asset management agreement for a solar photovoltaic power plant.