Latest news with #powercrisis
Bloomberg
11-07-2025
- Business
- Bloomberg
Puerto Rico Energy Czar Backs New Fortress LNG Supply Deal
The official in charge of addressing Puerto Rico's power crisis is pushing to move forward with New Fortress Energy Inc.'s proposed $20 billion contract to supply the island with natural gas, saying a federal watchdog's concerns about the deal are overwrought. Josue Colón, Puerto Rico's energy czar, said the Financial Oversight and Management Board's worry that the contract would give New Fortress Energy a near-monopoly ignores the fact that the company already controls one of the island's few liquefied natural gas import terminals.
Al Jazeera
10-07-2025
- Health
- Al Jazeera
Video: Doctors operate in darkness as Gaza hospitals face power crisis
Doctors operate in darkness as Gaza hospitals face power crisis NewsFeed Doctors in Gaza have been forced to operate in darkness as hospitals face a power crisis due to Israel's war on the enclave. Two of Gaza's largest hospitals have issued desperate pleas for help, warning without power the medical centres will be turned into 'graveyards'. Video Duration 01 minutes 01 seconds 01:01 Video Duration 02 minutes 55 seconds 02:55 Video Duration 00 minutes 21 seconds 00:21 Video Duration 01 minutes 05 seconds 01:05 Video Duration 01 minutes 03 seconds 01:03 Video Duration 01 minutes 31 seconds 01:31 Video Duration 01 minutes 23 seconds 01:23
Zawya
30-05-2025
- Business
- Zawya
Kuwait eyes public-private partnership energy projects to help end power crisis
KUWAIT CITY - Kuwait is hoping that new energy projects involving state and private investors will help the country tackle its power crisis, with one of the contracts due to be awarded within weeks, the acting director general of the Kuwait Authority for Partnership Projects (KAPP) said. Kuwait, a member of the Organization of the Petroleum Exporting Countries (OPEC), has been grappling with a severe electricity shortage driven by rapid population growth, urban expansion, rising temperatures, and delays in maintenance at some power plants. Since last year, the government has resorted to planned power cuts in some areas to reduce the load. Under KAPP's Public Partnership Projects (PPP) framework, companies are set up to carry out projects managed by a strategic partner. The partner, who can be Kuwaiti, foreign or a consortium of investors, is allocated 26% to 44% of the company's shares. The remaining 50% stake is offered to Kuwaiti citizens and the remainder retained by the government. The goods and services produced are sold back to the government. The authority is looking at several projects that will "ease the financial burden on the state budget, as their costs will be borne by the private sector," KAPP's acting director general Asmaa Al-Mousa told Reuters. Among the top-priority projects are the Khairan power project, the Dabdaba and Shagaya renewable energy project, as well as phases two and three of the Al-Zour North power plant, which are expected to be awarded "within weeks', after which implementation will begin, she said. Once completed, the Al-Zour North project will produce 2.7 gigawatts (GW) of power and 120 million gallons of water daily using combined-cycle technology, with construction set to take three years. Al-Mousa said she hopes to launch the tenders for phases one and two of the Dabdaba and Shagaya renewable energy project before the end of 2025. Phase one, with a production capacity of 1.1 GW, has already completed the qualification process and companies have been invited to submit qualification requests for phase two, which aims to produce 500 megawatts of electricity. The four phases of the Dabdaba-Shagaya project are expected to produce a total of 4.5 GW by 2030.
Al Arabiya
29-05-2025
- Business
- Al Arabiya
Kuwait eyes public-private partnership energy projects to help end power crisis
Kuwait is hoping that new energy projects involving state and private investors will help the country tackle its power crisis, with one of the contracts due to be awarded within weeks, the acting director general of the Kuwait Authority for Partnership Projects (KAPP) said. Kuwait, a member of the Organization of the Petroleum Exporting Countries (OPEC), has been grappling with a severe electricity shortage driven by rapid population growth, urban expansion, rising temperatures, and delays in maintenance at some power plants. Since last year, the government has resorted to planned power cuts in some areas to reduce the load. Under KAPP's Public Partnership Projects (PPP) framework, companies are set up to carry out projects managed by a strategic partner. The partner, who can be Kuwaiti, foreign or a consortium of investors, is allocated 26 percent to 44 percent of the company's shares. The remaining 50 percent stake is offered to Kuwaiti citizens and the remainder retained by the government. The goods and services produced are sold back to the government. The authority is looking at several projects that will 'ease the financial burden on the state budget, as their costs will be borne by the private sector,' KAPP's acting director general Asmaa Al-Mousa told Reuters. Among the top-priority projects are the Khairan power project, the Dabdaba and Shagaya renewable energy project, as well as phases two and three of the Al-Zour North power plant, which are expected to be awarded 'within weeks,' after which implementation will begin, she said. Once completed, the Al-Zour North project will produce 2.7 gigawatts (GW) of power and 120 million gallons of water daily using combined-cycle technology, with construction set to take three years. Al-Mousa said she hopes to launch the tenders for phases one and two of the Dabdaba and Shagaya renewable energy project before the end of 2025. Phase one, with a production capacity of 1.1 GW, has already completed the qualification process and companies have been invited to submit qualification requests for phase two, which aims to produce 500 megawatts of electricity. The four phases of the Dabdaba-Shagaya project are expected to produce a total of 4.5 GW by 2030.
Reuters
29-05-2025
- Business
- Reuters
Kuwait eyes public-private partnership energy projects to help end power crisis
KUWAIT CITY, May 29 (Reuters) - Kuwait is hoping that new energy projects involving state and private investors will help the country tackle its power crisis, with one of the contracts due to be awarded within weeks, the acting director general of the Kuwait Authority for Partnership Projects (KAPP) said. Kuwait, a member of the Organization of the Petroleum Exporting Countries (OPEC), has been grappling with a severe electricity shortage driven by rapid population growth, urban expansion, rising temperatures, and delays in maintenance at some power plants. Since last year, the government has resorted to planned power cuts in some areas to reduce the load. Under KAPP's Public Partnership Projects (PPP) framework, companies are set up to carry out projects managed by a strategic partner. The partner, who can be Kuwaiti, foreign or a consortium of investors, is allocated 26% to 44% of the company's shares. The remaining 50% stake is offered to Kuwaiti citizens and the remainder retained by the government. The goods and services produced are sold back to the government. The authority is looking at several projects that will "ease the financial burden on the state budget, as their costs will be borne by the private sector," KAPP's acting director general Asmaa Al-Mousa told Reuters. Among the top-priority projects are the Khairan power project, the Dabdaba and Shagaya renewable energy project, as well as phases two and three of the Al-Zour North power plant, which are expected to be awarded "within weeks', after which implementation will begin, she said. Once completed, the Al-Zour North project will produce 2.7 gigawatts (GW) of power and 120 million gallons of water daily using combined-cycle technology, with construction set to take three years. Al-Mousa said she hopes to launch the tenders for phases one and two of the Dabdaba and Shagaya renewable energy project before the end of 2025. Phase one, with a production capacity of 1.1 GW, has already completed the qualification process and companies have been invited to submit qualification requests for phase two, which aims to produce 500 megawatts of electricity. The four phases of the Dabdaba-Shagaya project are expected to produce a total of 4.5 GW by 2030.
