Tag Archives: Saudi Arabia

Saudi Arabia signs localization agreements for wind energy steel towers

Steel towers for wind energy systems will soon be manufactured in Saudi Arabia following the signing of two agreements by the Kingdom’s Local Content and Government Procurement Authority.   The deals, made in partnership with Al-Yamamah Steel Industries Co. and Arabian International Co. for Steel Structures, aim to localize production and transfer critical knowledge in the wind energy … Continue reading Saudi Arabia signs localization agreements for wind energy steel towers

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ACWA Power, Badeel and SAPCO announce financial close on 5.5 GW of photovoltaic projects in Saudi Arabia

These projects, valued at $3.2 billion, aim to generate a combined capacity of 5.5 GW of solar energy for Saudi Arabia.Saudi Arabian company ACWA Power, PIF subsidiary Badeel and Saudi Aramco Power Company (SAPCO) have achieved financial close on the Haden, Muwayh and Al Khushaybi solar photovoltaic (PV) projects. These projects, valued at $3.2 billion, … Continue reading ACWA Power, Badeel and SAPCO announce financial close on 5.5 GW of photovoltaic projects in Saudi Arabia

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Saudi Arabia launches tender for 4.5 GW of wind power and photovoltaic projects

Saudi Arabia has launched a tender to award 4.5 GW of renewal energy capacity — mainly wind energy and photovoltaic solar projects — across the desert kingdom. The Saudi Power Procurement Company (SPPC), the authority responsible for tendering of the projects and offtaking of energy once the projects are developed, has issued a request for … Continue reading Saudi Arabia launches tender for 4.5 GW of wind power and photovoltaic projects

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Huawei photovoltaic microgrid for Red Sea project offers 1 billion kWh solar power per year

Huawei has developed the world’s largest microgrid power station which delivers 1 billion kWh power supply per year. The new solution will play a significant role in Saudi Arabia’s Red Sea project and provide several green electricity benefits. On September 8th, the 2024 International Digital Energy Exhibition event was held where Huawei senior executive delivered … Continue reading Huawei photovoltaic microgrid for Red Sea project offers 1 billion kWh solar power per year

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ACWA Power commissions 700 MW photovoltaic plant in Saudi Arabia

The plant has begun power generation after receiving a commercial operations certificate from its off-taker, the company stated on Tadawul.In 2022, ACWA Power signed a power purchase agreement to develop the project in Al Qassim province.ACWA Power, which holds a 40.1 percent stake in AlRass Renewable Energy Co., noted that the plant’s financial impact will … Continue reading ACWA Power commissions 700 MW photovoltaic plant in Saudi Arabia

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CEEC signs a $976 million contract to build a 2 GW photovoltaic plant in Saudi Arabia

CEEC (China Energy Engineering Corporation) recently announced that it has signed an EPC (Engineering, Procurement and Construction) contract valued at $976 million to build a photovoltaic power plant in Saudi Arabia. The contract involves the construction of the 2,000 megawatt (MW) Haden solar PV IPP (Independent Power Plant) project in Saudi Arabia, and construction of … Continue reading CEEC signs a $976 million contract to build a 2 GW photovoltaic plant in Saudi Arabia

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Saudi Arabia signs deals for 30 GW domestic solar photovoltaic manufacturing

One of the deals aims to build a 20 GW ingot and wafer solar photovoltaic manufacturing plant in Saudi Arabia. Saudi Arabia’s Public Investment Fund (PIF) has signed two solar PV manufacturing agreements with Chinese manufacturers JinkoSolar and TCL Zhonghuan Renewable Energy. Both deals, done through joint ventures (JVs), will bring 30 GW of solar … Continue reading Saudi Arabia signs deals for 30 GW domestic solar photovoltaic manufacturing

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Envision Energy forms JV for manufacturing wind turbines in Saudi Arabia

Envision Energy has unveiled a joint venture (JV) for manufacturing and assembling the wind turbines and components, including blades, nacelles and hubs in the Middle East. Envision Energy said its joint venture partners include Saudi Arabia’s Public Investment Fund (PIF) and Vision Industries to accelerate the wind power growth throughout the Middle East. Financial details … Continue reading Envision Energy forms JV for manufacturing wind turbines in Saudi Arabia

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SPPC signs PPAs for 5.5 GW solar photovoltaic projects in Saudi Arabia

The PPAs have been signed with a consortium comprising Acwa Power, Badeel and Aramco Power.The Saudi Power Procurement Company (SPPC) has signed power purchase agreements (PPAs) for three solar photovoltaic (PV) projects with a capacity of 5.5GW in Saudi Arabia, Zawya has reported. The PPAs were signed with a consortium comprising Acwa Power, Badeel—a subsidiary … Continue reading SPPC signs PPAs for 5.5 GW solar photovoltaic projects in Saudi Arabia

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Saudi Arabia signs one of the cheapest wind power PPAs in the world

The state-owned Saudi Power Procurement Company will purchase electricity from two planned wind farms in Saudi Arabia (Al Ghat with 600 MW and Wa’ad Al Shamal with 500 MW) through what are supposed to be the world’s cheapest wind PPAs. At least, this is claimed by Prince Abdulaziz bin Salman Al Saud, Saudi Arabia’s Minister … Continue reading Saudi Arabia signs one of the cheapest wind power PPAs in the world

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Marubeni secures 1.1 GW wind power deal in Saudi Arabia

The Power Purchase Agreement (PPA) covers two projects, which will contribute 1.1 GW of wind energy to the national grid.One of Japan’s largest trading and investment conglomerates, Marubeni Corporation, has closed an agreement with Saudi Power Procurement Company (SPPC) to build two major wind energy projects in Saudi Arabia. The projects will be developed in … Continue reading Marubeni secures 1.1 GW wind power deal in Saudi Arabia

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Chinese company to build photovoltaic factory in Saudi Arabia

A Chinese solar energy infrastructure company has signed an agreement with the Saudi Authority for Industrial Cities and Technology Zones (MODON) to build a photovoltaic production facility in Jeddah, the kingdom’s largest port city. In a statement released on Thursday, Arctech Solar Holding Co. Ltd said the new factory will span roughly 97,000 square meters … Continue reading Chinese company to build photovoltaic factory in Saudi Arabia

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Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects

This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). The Saudi Power Procurement Company (SPPC) has revealed the qualification of 23 firms for Round 5 of the National Renewable Energy Programme (NREP). This round covers four solar photovoltaic (PV) Independent Power Plant (IPP) projects totalling 3,700 megawatts (MW). … Continue reading Saudi Arabia advances its solar ambitions by prequalifying 23 major companies for 3.7GW photovoltaic projects

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GlassPoint partners with MISA to build a solar manufacturing facility in Saudi Arabia

The factory will provide supply chain resilience for the world’s largest solar thermal project, help diversify the Kingdom’s economy and deepen regional leadership as a technology export hub. GlassPoint, the leader in decarbonizing industrial process heat, today announced it has partnered with the Ministry of Investment of Saudi Arabia (MISA) to build a solar manufacturing … Continue reading GlassPoint partners with MISA to build a solar manufacturing facility in Saudi Arabia

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Wind power and solar energy, the energy future of Saudi Arabia

Saudi Arabia, the world’s largest oil exporter, has been taking significant steps to diversify its energy market and prepare for a future less dependent on fossil fuels. As the global demand for renewable energy sources grows and the need to reduce greenhouse gas emissions becomes more urgent, the Kingdom has been making strategic investments in … Continue reading Wind power and solar energy, the energy future of Saudi Arabia

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China’s Envision Energy bags 1.67 GW wind turbine contract for NEOM green hydrogen project in Saudi Arabia

China’s Envision Energy announced on Tuesday that it has signed a contract with Air Products to supply 1.67-gigawatt (GW) wind turbines for the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company within the NEOM giga project in north-west Saudi Arabia. Air Products is the Engineering, Procurement and Construction (EPC) contractor and … Continue reading China’s Envision Energy bags 1.67 GW wind turbine contract for NEOM green hydrogen project in Saudi Arabia

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Saudi Arabia’s first large wind farm to produce its first power within months

According to EDF Executive Director for Renewable Energy Bruno Bensasson, Saudi Arabia’s first large industrial-scale wind farm is going to be prepared to run within the next weeks and is estimated to produce its first power within months. On the sidelines of the FII summit in Riyadh, Bensasson further declared that the 400 MW project … Continue reading Saudi Arabia’s first large wind farm to produce its first power within months

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Vestas plans to open 400 MW wind power plant in Saudi Arabia

Vestas Wind Systems, the world’s largest wind turbine maker, plans to inaugurate one of the largest wind energy plants in Saudi Arabia in the next few months and is setting up a regional HQ in the kingdom as more projects will be sought in the Middle East, CEO Henrik Andersen said Oct. 27.The Dumat Al … Continue reading Vestas plans to open 400 MW wind power plant in Saudi Arabia

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Saudi Arabia’s first wind farm begins electricity production

Dumat al-Jandal, the region’s largest wind farm, has been connected to the grid and began producing carbon-free electricity.Dumat al-Jandal is the region’s largest wind farm, and is made up of 99 wind turbines, each with the capacity to generate electricity for up to 70,000 homes in the kingdom, Saudi Arabia-based Al Arabiya reported.The 400-megawatt (MW) … Continue reading Saudi Arabia’s first wind farm begins electricity production

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Hidrostank deploys innovative solutions at Saudi wind farm

Hidrostank, a leading Spanish company supplying building materials for civil works, said it had recently delivered innovative modular pullboxes for the Dumat Al Jandal wind farm, a first-of-its kind facility in Saudi Arabia.  A specialist in providing innovative solutions to boost the performance of construction, Hidrostank said on completion, Dumat Al Jandal is set to … Continue reading Hidrostank deploys innovative solutions at Saudi wind farm

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