Saudi Arabia

Saudi Arabia RE capacity expected to reaching 31.5 GW by 2030

Its renewables capacity will be at 63.1 GW by 2035.
4 days ago

Saudi Arabia RE capacity expected to reaching 31.5 GW by 2030

Its renewables capacity will be at 63.1 GW by 2035.
4 days ago

Saudi Arabia, Greece form SPV for interconnection project

Greece’s IPTO and Saudi Arabia’s National Grid will hold equal stakes at the firm.

Saudi Power Procurement Company signs deal for 8400 MW power plant projects

The projects will help supply power for 3.5 million residential units annually.

Saudi Arabia sends qualification request for 4 solar projects

The projects are under the management of the National Renewable Energy Program.

ACWA Power inks deal with Dutch entities for green hydrogen export corridor

Saudi Arabia and the Netherlands boost cooperation in clean hydrogen.

ACWA Power reaches financial close for over 10 projects worth $14b

This is the largest-ever recorded in the company’s history.

ACWA Power partner with 2 Chinese firms for clean energy development

This will include green hydrogen and ammonia, amongst others.

ACWA Power inks deals with 6 Italian firms for green hydrogen, water desalination dev’t

The partnerships will also explore research and development in the sector.

ACWA Power reaches financial close for 200 MW Egyptian solar plant

The project is expected to start operations by January 2024.

ACWA Power consortium achieves financial close for 2.6 GW solar projects

The project is expected to start commercial operations in 2025.

PIF subsidiary, ACWA Power invest US$3.25b in Saudi Arabia solar projects

The three solar projects seek to produce a combined capacity of 4.55GWac. 

NEOM Green Hydrogen secures $8.4b in investment

It is expected to start production by end-2026.

ACWA Power attributable net profit up 78% YoY in Q1 2023

Its operating income increased 7% YoY during the period.

ACWA Power secures finance for 200MW solar plant in Egypt

The project is targeted to commence commercial operations in January 2024.

Reykjavik, TAQA to develop geothermal power in Saudi Arabia

They plan to develop 1GW geothermal capacity in the country.