Search Site

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

AMEA Power awarded two projects

FOR REPRESENTATION PURPOSE ONLY
  • The Moroccan Agency for Sustainable Energy (Masen) and the Ministry of Energy Transition and Sustainable Development announced the award of projects.
  • The sites are located in Taroudant, in the Souss-Massa region, and in El Hajeb, in the Fès-Meknès region.

UAE-based AMEA Power has been awarded two solar power plant projects of 36MW each, following an international tender.

The sites are located respectively in Taroudant, in the Souss-Massa region and in El Hajeb, in the Fès-Meknès region of Morocco.

The Moroccan Agency for Sustainable Energy (Masen) and the Ministry of Energy Transition and Sustainable Development announced the award of the projects.

These solar projects were part of a large international tender launched by Masen and the Ministry of Energy Transition and Sustainable Development in February 2021.

It would help to construct the first phase of the Noor PV II program, a multi-site solar energy program with a total capacity of 330MW.

Such a program intends to supply green and competitive electricity to large industrial companies established in Morocco under the 13-09 legal framework.

AMEA Power is currently producing about 2,000 megawatts (MW) of clean energy through solar and wind energy plants in 15 countries.

It plans to raise its output of clean energy to 5,000 MW within the next three years.