Middle East and Israel
21 May 2013
Singapore’s Sembcorp has commissioned the $1bn Salalah Independent Water and Power Plant in Oman yesterday marking an increase in bilateral trade between the two countries.
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20 May 2013
A trio of state-backed Qatari entities will establish an overseas fund to invest in energy and water infrastructure.
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17 May 2013
The International Finance Corporation (IFC) will make $1.5bn of fund and direct investments into clean power through a new partnership with Masdar that a spokesperson told NewNet will initially focus on MENA opportunities.
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14 May 2013
APR Energy and Hertz Dayim Equipment Rental, the joint venture between Hertz Equipment Rental Corporation and Dayim Holdings Company, have formed a partnership agreement to develop business for fast-track power solutions in Saudi Arabia.
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9 May 2013
Electric vehicle pioneer Better Place’s equity deal constituted more than half of the total quarterly value of Israeli private equity transactions in the first quarter as it secured $100m from institutional and corporate investors.
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8 May 2013
IBM asset management software will be used at a $235m hydropower plant in Pakistan in the country’s first private sector scheme of its kind.
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7 May 2013
A Kuwaiti development fund has awarded grants of $215m to Jordan for it to develop wind and liquefied natural gas projects.
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3 May 2013
SolarWorld, which earlier this week said it had reached a preliminary deal to restructure €1.2bn in debt, said it is close to securing backing from a Qatari investor.
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25 April 2013
Risk advisory and investment firm CF Partners has advised on and invested in a WWF emissions reduction project conserving a region of virgin forest in Russia’s Far East, protecting the endangered Amur Tiger.
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22 April 2013
Solar company Soitec has struck a deal with Khaled Juffali to cooperate on driving solar industry growth in Saudi Arabia and the Middle East.
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19 April 2013
Renewable energy investment in the United Arab Emirates will be actively encouraged under a new integrated power policy.
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19 April 2013
Israel’s former Prime Minister Ehud Olmert is to launch up a new venture capital firm alongside Kazakh businessman Kenges Rakishev and web entrepreneur Moshe Hogeg.
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17 April 2013
Libya is reportedly readying to issue tenders for two new solar plants as it aims to derive a fifth of its power from renewables by 2020.
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9 April 2013
Shareholders of Indian wind and hydro developer Greenko have supported plans for a £100m ($151m) equity investment from the Singaporean government.
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9 April 2013
German engineering and construction company M+W Group will construct a 55MW solar PV plant in Israel.
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25 March 2013
Siemens has signed a memorandum of understanding (MoU) with Green Gulf that will see the two cooperate on the development of energy efficiency and urban transport projects.
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19 March 2013
Israeli early stage investor Terra Venture Partners told NewNet it had raised $20m towards its second fund and hopes to reach a final close of $50m within a year.
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18 March 2013
Masdar, along with partners Total and Abengoa, today launched Shams 1, the world’s largest concentrated solar power plant now in operation.
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11 March 2013
First Solar is extending its commitment to desert power by becoming a shareholder in Desertec holding group Dii, which is focused on creating an industrial-scale market for renewable energies from the desert regions for North Africa and the Middle East.
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8 March 2013
This year’s Zayed Future Energy Prize, which offers a $4m award to innovators in renewable energy and sustainability, has now opened to applicants.
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