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Elsewedy's Subsidiary Wins KWD13.2mn Contract For Transmission Line Project In Kuwait

January 24, 2022 - Fitch Solutions Sector Intelligence

THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research. Elsewedy's Subsidiary Wins KWD13.2mn Contract For Transmission Line Project In Kuwait 24 Jan 2022 Kuwait Infrastructure News: Kuwait's Public Authority for Housing Welfare has awarded a KWD13.2mn (USD43.6mn) contract to Egytech Cables, a unit of Elsewedy Electric, for the installation of a new transmission line project in Kuwait. The scope of work includes the design, supply and installation of 132kV underground cables on a turnkey basis to supply power to substations N6 and N10. The overall project is due to be completed in 18 months (Saudi Gulf Projects). This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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	These are the key points of the Business Trends Report submitted by Acciona to the CNMV.
	PKN Orlen: Service port for Baltic Power offshore wind farm to be built in Leba
	Abu Dhabi's Masdar and NPCC to work together on offshore wind and green hydrogen technologies
	Octopus Energy To Finance Xlinks' Subsea Power Cable Project To Deliver Energy From Morocco to UK
	UPDATE - TotalEnergies plans over 1 GW in Carolina Long Bay lease area
	Småkraft secures 12 years fixed rate loan with institutional investors
	Masdar, National Petroleum Construction Company to explore renewable energy opportunities
	Bord Gais agrees power offtake from 40 MW of Amarenco solar projects
	Encavis boosts Q1 green power generation by 33% as portfolio hits 2 GW
	TotalEnergies announces the start construction of the Eolmed project
	BW Ideol and Tohoku Electric Power start first stage of commercial-scale floating wind project in Iwate prefecture, Japan
	Italy Renewables Forecast Scenario
	Enersense's subsidiary Megatuuli and Valorem enter into a co-operation agreement on 1,500 MW wind power development projects in Finland
	BigBlue Energy Releases New Emergency Power Source
	Studies from Hohai University Yield New Data on Computers and Geotechnics (Vertical Dynamic Interaction Factors for Offshore Thin-walled Pipe Piles)
	BW Ideol Forms Partnership with Tohoku Electric Power
	Bluefield Solar Income Fund Acquires Solar and Wind Projects in UK for USD138.6 Million
	Energy Infrastructure Completes Bond Financing for MB2 North Wind Farm in Sweden
	Duke Energy among companies with winning bids for NC offshore wind energy
	Lairg community should welcome new wind farms
	New Marine Engineering Study Findings Have Been Reported from Gdansk University of Technology (Heave Plates with Holes for Floating Offshore Wind Turbines)
	Reports Outline Wind Farms Study Results from Northeastern University (A Transfer Learning-based Scenario Generation Method for Stochastic Optimal Scheduling of Microgrid With Newly-built Wind Farm)
	Researchers from School of Automation Provide Details of New Studies and Findings in the Area of Wind Energy (Deep Non-crossing Probabilistic Wind Speed Forecasting With Multi-scale Features)
	Researchers from Shiraz University of Technology Describe Findings in Wind Turbines (Feasibility Study of Twin-rotor Savonius Wind Turbine Incorporated With a Wind-lens)
	Reports Outline Wind Energy Study Findings from University of Petroleum and Energy Studies (A Fuzzy Analytic Hierarchy Process-based Analysis for Prioritization of Barriers To Offshore Wind Energy)
	Research from University of Sao Paulo (USP) in the Area of Wind Turbines Described (Geometric Analysis of Small Wind Turbine Blades Manufactured by Additive Manufacturing)
	New Wind Turbines Findings from Technion-Israel Institute of Technology Reported (Large-eddy Simulation of a Wind Turbine Using a Filtered Actuator Line Model)
	Federal University of Ceara Researchers Publish New Data on Wind Farms (Participatory Methodologies and the Production of Data on Artisanal Fishing in Areas with Offshore Wind Farm Projects in Ceara, Brazil)
	Researchers from Lawrence Berkeley National Laboratory Provide Details of New Studies and Findings in the Area of Wind Turbines (In the Shadow of Wind Energy: Predicting Community Exposure and Annoyance To Wind Turbine Shadow Flicker In the ...)
	Studies from South Ural State University Add New Findings in the Area of Energy Conversion and Management (Horizontal Axis Wind Turbine Yaw Differential Error Reduction Approach)
	Renewable power set to break another global record in 2022 despite headwinds: IEA
	IAEA approves construction of nuclear power plant in Uganda
	Green Genius plans to develop 700MW of renewable energy capacity
	Spot power prices ease at Exchange
	Naturgy earns 347 million up to March, down 9.4%.
	IAEA announces transmission of safeguards from Ukraine's Chornobyl plant
	ScottishPower and Shell team up with National Energy Skills Accelerator for ScotWind collaboration
	California Sets Aggressive Offshore Wind Target
	Offshore Wind Power
	India Renewables Key View
	Energiequelle, WindStrom commission 9-MW French onshore wind park
	Netherlands Renewables Forecast Scenario
	TotalEnergies pursues its development in floating offshore wind with the start of construction of a first farm in France
	Hansewerk to expand power grid in northern Germany amid solar boom

May 12
	IG Windkraft wants four times more wind turbines for Salzburg
	Australian Daily Wind Power Generation Data – Wednesday 11 May 2022
	Power transmission lines market upbeat
	Minister: Germany prepared for Russian energy counter-sanctions
	CFE claims a payment of $190 million dollars from Iberdrola in an international arbitration.
	NLC India Launches Tender For Construction Of 100MW Solar Park
	ACWA Power Selected Preferred Bidder For 110MW Solar PV Schemes In Indonesia
	Soltec Wins Contract To Equip 83MW Solar Project In Brazil
	ACO Globe says Atco boss upbeat on Alberta, hydrogen
	KE Increases Duration Of Loadshedding
	Solar farm plan for former landfill site
	Rep. Cohen Urges TVA to Focus on Alternatives to Natural Gas
	Origin Energy Limited - Eraring Battery receives NSW Government approval
	Oman's power regulator proposes tariff mechanisms for self-supply, direct access
	Ukraine Power Risk/Reward Index
	MSW Solutions Seeks Environmental Clearance To Expand Waste-To-Energy Power Plant In Delhi, India
	Shell And Eneco To Submit Bid For Offshore Wind Projects In Netherlands
	Teams Shortlisted For Transmission System Project In Ecuador
	Australia: Australia delivers on green hydrogen
	Acciona Energia Starts Construction On 1.2GW Wind Complex In Australia
	Ncondezi Energy Concludes Preliminary Study For 300MW Solar-Plus-Storage Project In Mozambique
	Remote transmission of data from Chernobyl NPP fully re-established - IAEA
	Electricity prices: these are the most expensive and cheapest hours on Thursday, May 12.
	Azerbaijan proposes amendments to Law 'On Electricity Power'
	Photon sees better Q1 returns on switch to merchant solar
	Hong Kong : Operational event at Daya Bay Nuclear Power Station
	United Arab Emirates : DEWA achieves world records in energy and water performance indicators
	New bid to recover millions for energy customers
	First unit of Karot Hydropower project becomes operational
	Axpo issues EUR 600m sustainability-linked Schuldschein loan
	Origin wins approval for 700 MW/2,800 MWh battery at NSW coal site
	GAIL awards contract to set up one of India's largest PEM based Green Hydrogen project
	You should worry about Google's ideas for electricity
	LONGi Hydrogen wins in the world's largest Green Hydrogen Project
	JAMAICA-UTILITIES-Government gets support from USAID to address electricity theft
	National Grid to pay energy users £200m from subsea cable trading
	Iran produces new isotope, set to expand nuclear program
	UzAssystem to support renewables development in Kyrgyzstan
	Bosch To Invest up to 500 Million Euros To Develop Components for Hydrogen Electrolysis
	RWE's earnings grow in Q1 on strong wind, solar generation
	SCOTTISHPOWER AND SHELL TEAM UP WITH NATIONAL ENERGY SKILLS ACCELERATOR FOR SCOTWIND COLLABORATION
	IAEA Director General Statement on Situation in Ukraine
	NTPC to raise term-loan of Rs 5,000 crore to fund capex
	PKN Orlen SA - Service port for Baltic Power offshore wind farm to be built in Leba
	Bosnia & Herzegovina: European Investment Bank Provides Grant to Accelerate Energy Security, Green Transition
	Octopus Energy joins Morocco-UK renewable power transmission project
	Capital Energy and Shell sign agreement to explore offshore wind opportunities in Spain and Portugal
	What are "energy islands", Denmark's revolutionary project to produce electricity for Europe and escape dependence on Russian gas?
	IAEA proposed a visit to the Zaporizhzhia nuclear power plant after the seizure by Russian forces
	Italy working on incentives for offshore wind projects, Italy's energy transition
	BP joins race for both offshore wind sites in Dutch HKW zone
	BP tables bid to secure two offshore wind leases in Netherlands
	VSB Group buys rights to 170-MW hybrid renewables project in Poland
	Wind farm denied Estonia authorization for security reasons
	Freshfields advises Global Infrastructure Partners on the acquisition of offshore wind-farm developer
	Iraq strikes deal with Iran to secure summer gas imports
	Vestas, European Energy collaborate on offshore turbine testing in Denmark
	Greenalia advances on 50-MW floating wind project in Spain
	Wind’s share in France’s power generation reaches 10.78% on May 11
	Industry, the productive sector most affected by the electricity hike
	Power Grid acquires KNTL to establish transmission system

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Elsewedy's Subsidiary Wins KWD13.2mn Contract For Transmission Line Project In Kuwait