Small-scale renewable-energy developers were facing significant challenges in funding their projects, with relatively high compliance costs related to bidding in the Department of Energy’s (DoE’s) ...

He says several local companies have been forced to retrench staff because of the financial impact of the delay in concluding the contracts for “small projects”. The department launched the Small ...

The CFO of Encavis said the deal would open “a new chapter in our company’s history.” Image: Encavis. Global investment firm KKR has acquired Encavis, a German independent power producer (IPP) and ...

IPPs are a relatively new phenomenon in the GCC. Up until the mid-1990s, power plants in the region were exclusively financed and developed by governments and government-backed corporations. Today, ...

Independent power projects (IPPs) model in the GCC is vulnerable to long-term aggregate risks, and the structure needs changes to preserve its benefits, according to a study. Rational choices made at ...

Independent power projects are now the norm for newly installed power generation in the GCC. George Sarraf and Walid Fayad from Booz & Co. look at the potential pitfalls of the model. Independent ...

Oman Power & Water Procurement Company (OPWP) has appointed the Indian/US firm Synergy Consulting as financial advisor for its planned 1,200MW coal-fired independent power project (IPP). Developers ...

Electricity supply has continued to be a major concern in the country. Even in highbrow estates, stable electricity can only be guaranteed by the use of generators, a system that is not in sync with ...

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