PPAs For Several GWs Solar In Saudi Arabia
ACWA Power Firms Plans For 4.55 GW AC PV In Saudi Arabia With SPPC Turning Offtaker
Saudi Arabia Procurement Company (SPPC) has turned offtaker for 3 utility scale solar power plants representing 4.55 GW AC capacity under power purchase agreements (PPA) signed with ACWA Power and the Water and Electricity Holding Company (Badeel).
World’s ‘Largest’ Green Hydrogen Plant Secures Finance
NEOM’s 4 GW Solar & Wind Powered Green Hydorgen Plant Raises Finance From Local & International Lenders; Financial Closure Expected In Early 2023
Several local, regional and international banks and financial institutions have pledged support for Neom Green Hydrogen Company (NGHC) that’s building what it terms as the world’s ‘largest green hydrogen production facility in Saudi Arabia’s sustainable city project Neom.
Chinese Money Flow For ACWA Power’s Projects
ACWA Power Enters MoUs With 9 Chinese Entities Including With JinkoSolar, Sungrow & Jolywood
Saudi Arabian energy company ACWA Power has announced entering strategic partnerships with 9 Chinese entities, including for finance, investing, EPC and renewable energy projects.
PPAs Signed For ‘Largest’ Solar Power Plant In Middle East
ACWA Power & Badeel Enter Power Purchase Agreements For 2.06 GW Al Shuaibah 2 Solar PV Facility In Saudi Arabia With SPPC
ACWA Power and the Water and Electricity Holding Company (Badeel) have announced a 2.06 GW solar power project in Saudi Arabia calling it the ‘largest’ solar PV facility of its kind in the Middle East to date, for which they have now entered powe.
8 GW Solar Tracker Factory Launched In Saudi Arabia
Spain’s PV Hardware Opens New Solar Tracker Production Facility In Jeddah With 8 GW Annual Capacity
Spanish solar tracker manufacturer PV Hardware (PVH) has upgraded its Saudi Arabian solar tracker production facility in Jeddah, increasing its annual capacity up to 8 GW to help it cater to solar power projects in the Middle East, along with utility.
Saudi Arabia Launches 3.3 GW Renewables Tender
Saudi Power Procurement Company Seeking Bidders For 3.3 GW Wind & Solar Energy
The Saudi Power Procurement Company (SPPC) is seeking bidders to establish a total of 3.3 GW wind and solar power capacity in Saudi Arabia in the form of 5 projects in which solar’s share is set as 1.5 GW, according to Saudi Press Agency (SPA).
Saudi Arabia’s RE Goals Look ‘Out Of Reach’
GlobalData Sees Saudi Arabia Falling Short Of 25.8 GW Renewable Energy Capacity To 2023 Target
At the current pace of development, Saudi Arabia is ‘not even close’ to reaching its 2023 renewable energy target of 27.3 GW under the country’s Saudi Arabia Vision 2030 according to analysts with GlobalData who believe the country is likely to.
ACWA Power Makes Senior Leadership Changes
Kashif Rana Now ACWA Power’s Chief Portfolio Management Officer As Muhaidib Takes Over As CFO
Saudi Arabian renewable energy power generator and green hydrogen company ACWA Power has announced Kashif Rana to fully take over as the company’s chief portfolio management officer, and appointed Abdulhameed Al Muhaidib as the new CFO.
Saudi Arabia Solar Power ‘Market To Watch’
Fitch Solutions Expects India To Bring Online 90 GW+ & Germany 72 GW+ Solar By 2031
Between 2022 and 2031, India is likely to bring online more than 90 GW new solar capacity, along with Germany adding 72 GW, as the 2 solar power outperformer markets in Fitch Solutions Country Risk & Industry Research latest commentary that also sees Saudi Arabia as the market to watch.
Saudi Aramco To Invest In 12 GW RE By 2035
Aramco Aims To Achieve Net-Zero Emissions Across Wholly Owned Operated Assets By 2050
Saudi Arabian Oil Company (Aramco) will invest in renewable energy to generate 12 GW of solar and wind power annually by 2035, and produce up to 11 million metric tons blue ammonia annually by 2030 to decarbonize sectors as heavy-duty transport, heating and industrial applications.
Solar PPA Signed For 91 MW Saudi Project
ACWA Power Enters PPA For Layla Solar Plant With Saudi Power Procurement Company
Saudi Arabian energy company ACWA Power has formally entered into a 30-year power purchase agreement (PPA) with the Saudi Power Procurement Company (SPPC) for a 91 MW solar power plant it will develop in the country.
Saudi Arabia Backs Renewable Energy Industry
Renewable Energy Sector Can Get Industrial Licenses In Saudi Arabia
The Saudi Arabian government, through its Ministry of Industry and Mineral Resources, Ministry of Energy and the Non-Oil Revenues Development Center, has launched a new initiative under which it will provide various incentives to companies operating .
PPA For 700 MW Saudi Solar Facility
SPPC Turns Offtaker For Solar Power From 700 MW IPP Project For 25 Years
Saudi Arabian energy company ACWA Power has secured the Saudi Power Procurement Company (SPPC) as principal buyer for power from 700 MW Ar Rass Solar PV independent power producer (IPP) for a period of 25 years.
1.2 GW Solar Panel Fab in Saudi Arabia
Official Inauguration Of 1.2 GW Solar Module Factory In Tabuk
Saudi Arabia’s Deputy Minister of Industry and Mineral Resources Osama bin Abdulaziz Al-Zamil has officially inaugurated a 1.2 GW solar panel factory of Bin Omairah Holding in Saudi Arabia’s industrial city of Tabuk that’s equipped with Mondragon Assembly production equipment.
30 MW Solar Project Online In Saudi Arabia
NADEC’s Solar Power Plant Complete, Ready For Commercial Operations
The National Agricultural Development Company (NADEC) in Saudi Arabia has announced completion of construction for its 30 MW solar power plant in Haradh region. It is now getting ready to start commercial operations of the facility.
World’s ‘Largest’ BESS In Saudi Arabia
Huawei Digital Power To Supply 1,300 MWh Storage For 400 MW Solar
Chinese engineering and construction company SEPCOIII has picked Huawei Digital Power to supply a battery energy storage solution (BESS) with 1,300 MWh capacity to be integrated with a 400 MW solar PV system planned for Saudi Arabia’s luxury touris.
Saudi Arabia’s PV Production Plans
23 New Fabs For Renewable Energy In Saudi Arabia
A total of 23 new fabs are planned to come up in Saudi Arabia which will boost the country’s domestic solar PV manufacturing capacity, according to the Saudi Authority for Industrial Cities and Technology Zones (Modon).
Indian EPC Company To Build 1.8 GW Solar In Saudi Arabia
Renewables Arm Of Indian Multinational Larsen & Toubro Bags EPC Orders For 1.8 GW Solar PV From ACWA Power & Masdar Led Consortiums In Saudi Arabia
ACWA Power and Water & Electricity Holding Company of Saudi Arabia have contracted the renewables arm of India headquartered multinational company Larsen & Toubro’s (L&T) Power Transmission & Distribution Business to construct the 1.5 GW Sudair Solar PV Project in the country.
