Saudi Arabia introduces world's largest solar-power plant
On November 30th ACWA Power, a local energies firm, authorized an agreement with Water and Electricity Holding Company (Badeel) to build the globe's biggest single-site solar-power plant in Al Shuaibah, Mecca province.
Feb 17, 2023 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, ACWA Power, PV Power Plant
Saudi solar project reaches financial close
Lenders to Jinko's 300MW Saad PV scheme include Riyad Bank as well as Arab Petroleum Investment Corporation
Jan 24, 2023 // Markets & Finance News, Saudi Arabia, Asia, PV Power Plant, Tom Jamieson
Jinko Power begins on 300-MW PV project in Saudi Arabia
Jinko Power Technology Co Ltd (SHA:601778) announced today that its subsidiary Al Ghazala Energy Company has actually shut the financing as well as began building and construction of the 300-MW Saad solar project in Saudi Arabia.
Jan 20, 2023 // Plants, Saudi Arabia, Asia, Jinko Power, PV Power Plant
Saudi Arabia Announces 10 New Renewable Energy Projects
The complete capacity of power generation of the announced renewable energy projects will be 7 GW. The new renewable energy projects become part of the strategy to understand the Kingdom's 2030 Vision.
Dec 12, 2022 // Plants, Saudi Arabia, Asia, green electricity, Renewable Energy, Kingdom of Saudi Arabia, Middle East renewable energy, West Asia renewables
Tdafoq Energy, Delectrik Systems Partner for Battery Project in Saudi Arabia
Both business will set up a new production plant in Saudi Arabia that will be scaled to a GWh capacity by 2025. Tdafoq Energy will solely market Delectrik's Vanadium Redox Flow battery products made in India in the Gulf countries.
Nov 3, 2022 // Manufacturing News, Saudi Arabia, Asia, vanadium redox flow battery, flow battery, Delectrik Systems, Gulf countries, GWh capacity battery, Tdafoq and Delectrik, Tdafoq Energy
ACWA Power, EBRD sign deal for Renewable resource Infra Projects
Both organisations will certainly cooperate over the following 5 years as well as will certainly concentrate on project development in renewable energy, green hydrogen and green desalination across nations. The nations of focus consist of Uzbekistan, Azerbaijan and also Egypt, with the objective of supporting sustainable power transition there.
Nov 1, 2022 // Markets & Finance News, Saudi Arabia, EBRD, Asia, green hydrogen, energy transition, Paddy Padmanathan, acwa, Renewable Energy, european bank for reconstruction and development, ACWA Power Company, Future Investment Initiative Forum, green desalination, Nandita Parshad
Masdar Opens New Office in Saudi Arabia With Focus On Renewable Projects
Abu Dhabi's flagship renewable energy company plans to bid in Saudi Power Procurement Co. Round 4 tender for projects with combined capacity of 3.3 gigawatts Company aims to contribute to existing projects in the Kingdom, consisting of 400-megawatt (MW) wind farm-- largest between East-- and also 300 MW solar energy plant
Oct 31, 2022 // Markets & Finance News, clean energy, Mohamed Jameel Al Ramahi, Masdar, Saudi Arabia, Asia, energy mix, Dumat Al Jandal Wind Farm, Saudi Power Procurement Co, South Jeddah Noor Solar Photovoltaic Plant, wind and solar projects
Saudi Arabia leases land for green energy projects
Al-Qassim Region in central Saudi Arabia has signed a financial investment agreement to lease land to the Saudi Electricity Company (SEC) for new renewable resource projects.
Oct 28, 2022 // Plants, Large-Scale, Commercial, Storage, Saudi Arabia, Asia
Alfanar to develop 110-MW solar park to power Saudi water desalination plant
Saudi Arabia's Saline Water Conversion Corporation (SWCC) has actually chosen local building business Alfanar to set up a 110-MW solar park that perseverance the Al Jubail 2 water desalination plant on the eastern coast of the kingdom.
Oct 17, 2022 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, PV Power Plant, Alfanar
Saudi Arabia releases 3.3 GW of solar, wind projects
Saudi Arabia has actually released a tender for 3.3 GW of wind and solar power projects as part of the National Renewable Energy Programme (NREP), the Ministry of Energy claimed on Sunday.
Sep 26, 2022 // Markets & Finance News, Saudi Arabia, Asia
ACWA Power posts strong H1 results as it continues its renewables expansion
Saudi Arabian renewables developer ACWA Power uploaded solid H1 2022 results as it remains to divert its portfolio to renewables and low-carbon technologies.
Aug 15, 2022 // Markets & Finance News, Saudi Arabia, floating PV, Asia, power purchase agreement, Indonesia, Uzbekistan, Oman, ACWA Power
Inverted perovskite-silicon tandem solar cell with 29.3% effectiveness
Researchers in Saudi Arabia have built an inverted perovskite-silicon tandem device with a 1 nm thick interlayer based on magnesium fluoride (MgFx). They declare it can quit voltage losses and boost power conversion performance, while preserving 95.4% of its initial performance after 1,000 hrs.
Jun 29, 2022 // Technology, Saudi Arabia, Asia, efficiency, KAUST, perovskite-silicon, solar sell
New Fitch Report Says Saudi Arabia Solar Power Expansion To Reach 5.1 GW By 2031
Saudi Arabia awarded contracts for the development of more than 1.7 GW of solar energy projects until now. The report likewise said that Saudi Arabia furthermore has green hydrogen as a key component of its long-lasting energy sector strategy. The country desires create 2.9 million tonnes of green hydrogen each year by 2030.
Jun 22, 2022 // Markets & Finance News, Saudi Arabia, Asia, fitch solutions, green hydrogen, Solar Power, NREP, National Renewable Energy Programme, saudi solar capacity
Longi to provide 400 MW of modules for Saudi solar project
Chinese solar technology company Longi will supply its Hi-MO 5 (72C) modules for the 400-MW direct present (DC) Rabigh Solar PV IPP project in Saudi Arabia.
Jun 13, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, Asia, LONGi, Solar Project
MA'ADEN, GlassPoint sign pact to create world's biggest solarized steam plant
The upcoming solar thermal plant called 'Solar 1' will be located in Ras al Khairto harness the power of the sun to produce steam that will better be used to improve bauxite ore into alumina. The 1,500 MW solar steam facility will help MA'ADEN attain sustainability objectives by decreasing carbon discharges by over 600,000 tons annually.
Jun 6, 2022 // Plants, Large-Scale, Commercial, Saudi Arabia, Asia, MoU, carbon emissions, GlassPoint, industrial solar steam, MA'ADEN, Riyadh Al Nassar, Robert Wilts, Rod MacGregor, Saudi Green Initiative, SGI
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