Some of the large wind power portfolio in India are owned by Goldman Sachs-backed ReNew Power Ventures Pvt. Ltd, GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) backed Greenko Energy Holdings, among others. Riyadh-based Alfanar has 480 MW operational wind power projects and 1.67 GW under various stages of development in Europe, India […]
UAE, Saudi Arabia Will Lead the Gulf Market For Distributed Energy
The region’s total distributed energy market is estimated to garner a revenue of $602 million by the end of 2021 The distributed energy market in the Gulf Cooperation Council (GCC) is gathering momentum as declining technology costs, resource availability, and favourable policies encourage customers to self-generate renewable electricity and sell excess to the grid, according […]
Saudi Arabian Solar: How the State Has Invested in Overseas Solar Projects
ACWA Power has invested in some of the world’s largest solar projects, including the Redstone facility and the Kom Ombo plant. On paper, Saudi Arabia has some of the greatest potential for solar power facilities, with a favourable climate and sweeping areas of flat land that could maximise the production of solar panels. However, solar […]
Saudi Arabia’s Advanced Petrochemical Posts Record Profits
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 […]
Saudi Arabia ‘Deeply Involved’ in Shift to Renewable Energy, Says Kerry
Kerry highlights potential for NEOM’s green hydrogen initiative to be a key contributor to the transition. He also congratulates the UAE for its “level of leadership, engagement, creativity and readiness to embrace the urgency of the challenge”. US Secretary of State John Kerry talks to Saudi Minister of Foreign Affairs Adel Al-Jubeir as they arrive […]
Saudi Arabia is Getting Serious About Green Energy
The kingdom has high potential to capitalise on solar energy – photovoltaic technology and concentrated solar power technology – to drive its economic diversification agenda, new research from investment banking company Natixis shows. It also pointed to wind energy as a promising front as technological advancements make wind farms more economically viable. Saudi Arabia, under […]
GE to Build First Desalination Plant Using Clean Energy in Saudi Arabia
Located 140 km west of Madinah, near the town of Ar Rayyis on the Red Sea coast of the Kingdom, Yanbu-4 will utilize reverse osmosis technology to supply potable water. JEDDAH: GE Renewable Energy’s Grid Solutions has won a deal from Doosan Heavy Industries and Construction Co. Ltd. to build a turnkey substation that will […]
EQ Webinar on PV Invest Tech Saudi Arabia on Monday June 21st from 04:30 PM Onwards….Register Now !!!
Warm Greetings from EQ We are happy to present PV Invest Tech Saudi Arabia Webinar When: June 21, 2021 04:30 PM IST Register in advance for this meeting: <Click Here To Register> After registering, you will receive a confirmation email containing information about joining the meeting. Confirmed Speakers: 1. Dr. Nabih Cherradi, CTO – Desert Technologies […]
Spain’s PV Hardware To Manufacture Solar Supplies In Saudi Arabia
PV Hardware Middle East will manufacture trackers, mounting structures, and cleaning robots for the Saudi solar market. ASpanish firm, which manufactures parts for solar power plants, has opened a factory in Saudi Arabia as the Kingdom moves towards its goal of generating half of its energy from renewable sources. PV Hardware Middle East, a subsidiary […]
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 […]