Thursday 20 June 2013
 
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Electricity

Dubai utility repays $871m Islamic bond

Dubai Electricity and Water Authority said on Tuesday it had repaid a 3.2 billion dirhams ($871.2 million) Islamic bond on June 17.   "The payment of the maturity procee

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Bahrain’s $2bn energy project on track

The second phase of a $2 billion project that aims to nearly double the amount of power produced in Bahrain is due to begin by the end of the year, said a senior government official. When completed by the end of 2016, the Al Dur P

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Kuwait 'will burn 900,000bpd for power needs'

Kuwait will have to burn 700,000 to 900,000 barrels of oil per day to generate electricity and desalinate water by 2030, said a top official from the Ministry of Electricity and Water. This represents about 20 per cent of Kuwait&r

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Saudi, Egypt ink $1.6bn power grid deal

Saudi Arabia and Egypt on Saturday signed a SR6 billion ($1.6 billion) agreement to link their electricity grids, a project that will allow power trading between the two countries. Peak-time summer power consumption in Saudi Arabi

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Kuwait plans to boost energy efficiency

Kuwait aims to generate 15 per cent of the country's power requirements from renewable sources by 2030, said senior government officials ahead of a key industry event. The 'Kuwait Energy & Efficiency 2013' conferen

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Bahrain to boost energy efficiency

Bahrain's Minister of State for Electricity and Water Affairs Dr Abdulhussain Mirza has pledged to work on improving energy efficiency and water conservation. In a message to mark 'Arab Day of Energy Efficiency,' the m

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Oil saving win-win drives Saudi solar boom

A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars of crude for export while making electricity at less than half the cost, said exp

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Bahrain to launch major energy saving drive

Bahrain is set to save hundreds of thousands of dinars through energy conservation initiatives, a top official said. Electricity and Water Authority (EWA) distribution and customer services deputy chief executive Adnan Fakhro said

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Bahrain’s EWA collects $443m in bills in 2012

Bahrain’s Electricity and Water Authority (eWA) collected BD168 million ($443 million) in monthly payment of electricity and water bills last year, compared to BD123 million in 2011, its  chief executive said. The avera

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Bahrain launches massive smart energy project

Bahrain Electricity and Water Authority (EWA) has announced the launch of the largest utility-based IT project in the Kingdom’s history aimed at Accelerating its move towards smart grid and smarter energy and water services. EWA

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