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Eye of Riyadh

ACWA Power and Masen Achieve Financial Close of NOORo II and NOORo III Projects
Environment & Energy | Thursday 21 May, 2015 8:03 am
(Power Purchase Agreements) were signed between ACWA Power and Masen for both projects on 10 March 2015. The Moroccan Agency for Solar Energy (Masen) will hold 25% of the equity in both projects. SENER will also be an equity investor in NOORo II. A joint and several EPC consortium constituted by...
International Renewable Energy Agency HQ in Masdar City Named Green Commercial Building of the Year
Environment & Energy | Sunday 17 May, 2015 12:00 am
Emirates Green Building Council Honours IRENA Building Architect and Lead Consultant Woods Bagot, Design and Build Contractor Brookfield MultiplexThe recently completed International Renewable Energy Agency (IRENA) headquarters, located in Masdar City, where Masdar is building the world’s most...
Saudi Aramco highlights upstream spending push
Environment & Energy | Thursday 14 May, 2015 9:18 am
Saudi Aramco will dedicate most of its spending to oil production over the next decade to maintain its position as the world’s top crude oil exporter, the energy giant reiterated in its annual report for 2014.“The bulk of this spending will be in our upstream activities to ensure we maintain...
Russia expands its nuclear power solutions to Far East and Middle East
Environment & Energy | Wednesday 13 May, 2015 4:13 pm
Russia has become a world leader in nuclear technology, after considerable investment in research and development. According to research by the World Nuclear Association released in March 2015, Russia is "moving steadily forward with plans for much expanded role of nuclear energy, including...
325 Scientists from 34 countries Apply for UAE’s Rain Enhancement Program
Environment & Energy | Wednesday 13 May, 2015 9:45 am
Following the close of its initial deadline for research pre-proposals on April 16, the UAE Research Program for Rain Enhancement Science has announced that it has received an overwhelming response from interested scientists around the world.In order to help arid and semi-arid countries increase...
Dow Chemical to showcase technologies implemented in key CSP solar projects
Environment & Energy | Wednesday 13 May, 2015 9:42 am
Dow Chemical (Dow) will once again be showcasing its range of proven world-class innovations and solutions serving the Middle East’s Concentrated Solar Power (CSP) industry, at the 7th edition of MENASOL. Taking place from 13-14 May 2015, in Dubai, UAE, Dow’s CSP solutions will be on display...
Saudi Power: 158 local and foreign exhibitors join show
Environment & Energy | Tuesday 12 May, 2015 1:22 pm
As many as 158 local and international exhibitors from 28 countries are taking part in Saudi Power 2015, which was opened by Deputy Minister For Water & Electricity Saleh bin Hussein Al-Awaji here on Monday. It is being held with the support of Minister of Water and Electricity Abdullah Al-Hussayen ...
Oil falls, heads for weekly loss as ample supply weighs
Environment & Energy | Saturday 9 May, 2015 1:56 pm
Brent and US crude futures fell on Friday and headed toward weekly losses as ample supply and bulging inventories continued to keep prices in check after a rally to 2015 peaks earlier in the week.“Though the data showed US crude inventories fell last week, the products inventories were up, so it...
Manz CIGS Modules Reach Record Efficiency of 16%
Environment & Energy | Thursday 7 May, 2015 1:42 pm
With a module efficiency of 16%, Manz AG presented an impressive new record efficiency grade forCIGS thin-film solar modules at SNEC in Shanghai, the world's leading trade fair for the photovoltaics (PV) industry. In doing so, Manz is pushing forward into a new dimension and closing the efficiency...
Saudi drillers excel in search for oil and gas
Environment & Energy | Tuesday 5 May, 2015 1:50 am
Saudi Aramco’s largely young work force seeking new oil and gas sources around the country have been excelling in tough environments.In the desert of Khurais at 11:30 p.m. recently, Saudi Aramco’s work teams drilled to depths of between 7,000 and 13,000 feet. It was a major challenge that they...
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