Business activities & Projects
Emirati Masdar develops a solar power project in Azerbaijan
On January 9th, Abu Dhabi Future Energy Company (Masdar) announced the signing of an agreement with the Ministry of Energy of Azerbaijan, regarding the design, financing, construction and operation of
Expanding the shareholder base of Fortum’s Nordic wind power portfolio
Finnish energy company Fortum is selling a majority stake in a group of wind power assets of 500 MW in the Nordic countries to advisory funds from Credit Suisse infrastructure
Construction permit for Taipingling NPP
On December 25, 2019, Taipingling Nuclear Power Project Unit 1, owned by CGN-Huizhou Nuclear Power Co., Ltd finally secured the construction permit, marking that the long-awaited Huizhou Nuclear Power Project
Zimbabwe will become a net exporter of electricity by 2024
The government approved a plan to develop energy from mineral resources, which include the extraction of coal bed methane for power generation, production of liquid fuel from coal, and power
Land allocation agreement for a 500 MW wind power plant in Egypt
The New and Renewable Energy Authority (NREA), represented by Dr. Mohamed Mustafa Al-Khayyat, CEO of the Authority, signed an agreement to use the land with the Emirates Al Nuwais Company,
SNPTC to supply nuclear-powered heating in northeast of China
Wang Mingtan, General Manager of State Nuclear Power Technology Company （SNPTC） and Shanghai Nuclear Engineering Research & Design Institute, met with Zhou Yuxiang, General Manager of Jilin Nuclear Power Co.,
Construction license for Akkuyu Unit 3 in March
President of Rosatom, Alexey Likhachev, announced the possible construction license for Akkuyu Nuclear Power Plant (NGS) Unit 3, in Mersin this March. Akkuyu NGS finished last summer the infrastructure in
Completing 70% of the construction work of the Ethiopian GRD
The Director General of the Ethiopian Grand Renaissance Dam Project, Kefel Horo, has announced that about 70% of construction work on the dam is complete. This came during his conversation
$3 billion loan for the transmission and distribution networks in Nigeria
The World Bank has approved Nigeria’s request for a $3billion loan for the expansion of the transmission and distribution networks in the power sector. The minister of Finance, Budget and
