The Saudi industrial city of Jubail, home to Advanced Petrochemical Co, one of the Kingdom’s big chemical producers. Surging demand for polypropylene lifted profits at Jubail-based producer RIYADH: Saudi Arabia’s Advanced Petrochemical reported record estimated second-quarter profits driven by a surge in polypropylene sales. Net profit gained 71 percent to SR265 million ($70.6 million) compared […]
ACWA Power Signs MoU with Neutral Fuels to Supply Saudi Arabia’s Red Sea Project
Riyadh : ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants, has signed a Memorandum of Understanding (MoU) with Neutral Fuels, the GCC’s largest biofuel producer, for future collaboration on the supply of its Net Zero Biofuel™ for Saudi Arabia’s most ambitious regenerative tourism project on the Red […]
Spanish Solar Power Plant Supplier Opens Factory in KSA
PV Hardware Middle East will manufacture trackers, mounting structures, and cleaning robots for the Saudi solar market. The Kingdom aims to generate 50 percent of its energy from renewables by 2030, with the remainder provided by gas RIYADH: A Spanish firm, which manufactures parts for solar power plants, has opened a factory in Saudi Arabia […]
Goa Institute Of Management (GIM) Has Installed A 675 KW Solar Power Plant
The total capacity of these projects, in addition to the two projects of Sakaka plant and Doumat Al Jandal wind energy project, is 3,670 MW, energy minister Abdulaziz bin Salman said Riyadh: Saudi Arabia’s Crown Prince Mohammed bin Salman has inaugurated the Sakaka IPP PV power plant, the country’s first renewable energy project. The launch […]
Saudi National Renewable Energy Program targets $15.9 billion project pipeline
Half of families in the Kingdom wanted to use solar power Renewables market growing rapidly in Saudi Arabia. RIYADH: Saudi Arabia’s National Renewable Energy Program is targeting SR60 billion ($15.9 billion) worth of project investments, according to a report issued by Riyadh Chamber, SPA reported. The report said that at least half of families in […]
Alfanar & Taqnia signed MoU for alternative energy projects
Alfanar and Taqnia Energy have recently signed a memorandum of understanding to develop alternative energy and the localization of energy products. The signing is a testimony to the commitment of both Alfanar and Taqniya to reducing dependence on non-renewable energy and to shift to developing green energy projects in line with Saudi Vision 2030, the […]
