VIENTIANE: Nam Theun 2, one of Laos' most significant hydropower projects in Laos, is expected to generate approximately US$2 billion to the government of Laos over the 25-year concession period. This substantial contribution underscores its role in poverty reduction and national.
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Tehran: Iran is targeting about $30 billion (Dh110. 19 billion) in investment by offering 70 oil and natural gas projects to international companies as the Arabian Gulf country anticipates the lifting of economic sanctions.
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Recently, the world's largest photovoltaic (PV) and energy storage project was awarded to a consortium including several Chinese companies. The USD6 billion project in Abu Dhabi is being developed by Masdar Clean Energy, also known as Abu Dhabi Future Energy.
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Solar parks and grid-scale batteries are set to deliver significant new capacity to South Africa's grid in 2026. Several major renewable energy projects currently under construction will go live this year, according to industry organisation Sapvia.
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