Saudi Arabia-listed Acwa-led consortium achieved the project commercial operation date for its 340 MW solar photovoltaic project integrated with a 1,227 MWh battery energy storage system. The consortium comprises Acwa, SPIC Huanghe Hydropower, Saudi Tabreed, and The Red Sea Utilities Company, a subsidiary of Red Sea Global. The system will supply round-the-clock electricity. The consortium provides renewable power, potable water, wastewater treatment, district cooling, and waste management.

Türkiye will require at least $80 billion in electricity infrastructure investments through 2035, according to Energy and Natural Resources Minister Alparslan Bayraktar. Bayraktar said public funding alone would not be sufficient to meet the country’s infrastructure requirements and called for greater participation from private investors, international financial institutions, development banks, and long-term institutional investors. He added that financing structures must help mitigate investment risks and reduce the cost of capital to make clean energy and climate-resilient infrastructure commercially viable. Türkiye’s energy transition is expected to require investments across renewable energy, storage, nuclear power, electrification, energy efficiency, and electricity transmission and distribution infrastructure.

Infinity Power and Hassan Allam Utilities Energy signed a power purchase agreement with the Egyptian Electricity Transmission Company for the 1 GW Ras Shokeir Wind Project in Egypt‘s Red Sea Governorate. The project will be developed across approximately 143 sq. km in the Gulf of Suez wind corridor and will supply electricity to Egypt’s national grid. Once operational, the project is expected to generate enough electricity to serve more than 1.2 million Egyptian households.

Algeria added 2.74 GW of new power generation capacity to its grid as of August 2026, according to Industrial Info Resources. The expansion, coordinated by state-owned utility Sonelgaz, includes approximately 1.48 GW of utility-scale solar capacity. The additions form part of Algeria’s efforts to diversify an electricity system that remains heavily dependent on natural gas. The country’s Ministry of Energy is planning an estimated $60 billion capital expenditure roadmap through 2031, including an auction framework to secure the remaining blocks of its 2035 solar target of 15 GW.