Saudi Arabia

Saudi launches qualification process for 8 GWh of BESS projects

The four projects will be developed under a BOO model.

Altaaqa receives Gold award and Operations & Maintenance Initiative of the Year accolade at the 2024 Asian Power and Asian Oil & Gas Awards

The company was honoured for its successful delivery of temporary backup power solutions for ARAMCO's operations in Saudi Arabia.

Saudi Aramco’s Abqaiq Plants Operations Department – System Support Unit triumphs at Asian Oil & Gas Awards 2024

The company is pioneering hybrid prediction models to deliver energy optimisation and carbon reduction success.

Saudi Arabia launches 4.5 GW solar, wind tender

These are under the National Renewable Energy Program.

ACWA Power’s net profit up 36% to $251.19m in H1

A number of projects went online in the past months.

Saudi signs deals for 5,500 MW solar projects

These are part of the kingdom’s renewable energy programme.

ACWA Power to boost capital by $1.9b

It will help drive the company’s goal of tripling its assets by 2030.

ACWA Power signs deal with Itochu for green ammonia in Egypt

They will offtake around 600,000 tonnes of green ammonia initially.

ACWA Power sells 30% stake in RAWEC to Hassana

The company holds a 99% stake in the independent water, steam and power producer.

ACWA Power and Tunisia partner for green hydrogen project

This will support Tunisia’s strategy of exporting green hydrogen to Europe.

Saudi inks 2 PPAs for 1,100 MW wind projects

The agreements mark the lowest cost of wind power production in the world.

ACWA Power and SOCAR partner to advance RE projects in Azerbaijan

The Saudi-based firm is developing a 240 MW wind power plant in Azerbaijan.

ACWA Power inks $3b debt financing for 3,600 MW CCGT projects

The financing will be used for the construction of two CCGT projects.

Saudi Arabia RE capacity expected to reach 31.5 GW by 2030

Its renewables capacity will be at 63.1 GW by 2035.

Saudi Arabia, Greece form SPV for interconnection project

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