Nine Developers Prequalified for Bahrain’s Sitra Integrated Water and Power Project (IWPP).

Bahrain's Electricity and Water Authority (EWA) has prequalified nine international developers for the Sitra Independent Water and Power Plant (IWPP) project to enhance water and power infrastructure.

The facility will generate 1,200 MW and desalinate 30 million gallons daily. Prequalified companies include Al Jomaih Energy, Gulf Investment Corporation, China Machinery, and others. The contract will be awarded in Q1 2025.

ACWA Power secures $692 million financing for Egyptian wind farm.

Saudi-listed ACWA Power has secured $692 million for a 1,100-megawatt wind project in Egypt's Suez region, backed by various international and regional institutions. The 20-year loan will fund the project's development and maintenance.

Additionally, ACWA Power announced the full commercial operation of its 1,500 MW Sirdarya CCGT project in Uzbekistan, enhancing its role in regional utility services.

Microsoft unveils next-generation datacenters with zero-water cooling technology.

Microsoft has launched a groundbreaking datacenter design that eliminates water usage for cooling, enhancing environmental responsibility in water-scarce areas.

Utilizing chip-level cooling and a closed-loop system, it conserves over 125 million liters annually. Pilot projects begin in 2026, aiming for near-zero water consumption and improved energy efficiency.

Daniel Winter to succeed Eric Alström as President of Danfoss Power Solutions.

Danfoss appointed Daniel Winter as the new president of Danfoss Power Solutions, effective January 1, 2025, succeeding Eric Alström. Winter, currently CFO, emphasizes building on the company's strengths and addressing market challenges while ensuring continuity in leadership.

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