Engineering studies completed for 250 MW hydropower project in Dubai
The EDF's engineering studies of the 250 MW Hatta hydroelectric power project located in Hatta, Dubai, have been completed. The AED58 million (USD 15.8m) contract includes carrying out the design, hydro-geological, geological, environmental, geotechnical and deep excavation studies, and to provide other consultancy services.
A tender was expected to be issued in June 2018 for the construction of the energy storage facility, but an official announcement has not been made yet.
Country updates
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July 05, 2018
PIF closes acquisition of 15.2% stake in ACWA Power
Public Investment Fund (PIF) has closed the acquisition of 15.2% stakes in the Riyadh-based ACWA Power. The transaction was initiated in 2016 after PIF hired HSBC to advise on the purchase. The c...
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July 05, 2018
PIF of Saudi Arabia has acquired 15.2% of direct stake from ACWA Power in addition to its 9.78% ownership through a wholly owned unit
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July 05, 2018
Poyry has won an engineering, procurement and construction (EPC) contract for the project
Poyry has won an engineering, procurement and construction (EPC) contract for the project. Equipment supply is also covered in the contract. The value is not disclosed
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July 04, 2018
PIF of Saudi Arabia has acquired 15.2% of direct stake from ACWA Power in addition to its 9.78% ownership through a wholly owned unit
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June 28, 2018
A group of investors lead by Renova Inc
A group of investors lead by Renova Inc. has achieved the financial close for the biomass power generation project. Pinaccle Renewable Holdings has also entered into a long-term contract to deliver 17...
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