Search
4000 MW Renewable Energy Project for NEOM to find Up Near Jordan Border
renewable energy projects that are being prepared by Saudi Arabia to supply electrical energy to the green hydrogen based ammonia plant in the city of NEOM show up to
Apr 20, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Renewable Energy, Solar Power, wind power, RE, Energy China, Larsen and Toubro India, NEOM City, Power China Huadong, Sepco 3
GameChange, JZNEE to Build 3-GW Solar Tracker Factory
has partnered with China's JZNEE to establish a 3-GW solar tracker factory in Saudi Arabia, with the potential to expand to 5 GW. The facility, located in Dammam, will
Apr 26, 2024 // Manufacturing News, Saudi Arabia, Asia, Solar Tracker, GameChange, JZNEE
KAUST, LONGi Advance Solar Energy
address the pressing challenges of climate change in line with the Kingdom of Saudi Arabia’s Vision 2030 and Saudi Green Initiative.
What Benefits Does
Aug 18, 2023 // Technology, LONGi, KAUST
ACWA Power to develop 2060MW solar project
the guidance of our visionary management and also the Ministry of Energy, Saudi Arabia remains to accelerate its ambitious prepare for expanding its energy mix to
Nov 30, 2022 // Plants, Large-Scale, Commercial, ACWA Power, Solar Project
Engie Partners with Al Jouf for 22-MW Solar Project
to establish a 22-MW solar power installation at the latter's cement plant in Saudi Arabia's Northern Borders Province. This photovoltaic (PV) system will supply on-site
Nov 20, 2024 // Plants, Large-Scale, Commercial, Engie, Solar Project
ACWA Power Attains Financial Close for 1500 MW Sudair Solar Plant
Fund (PIF) renewable energy program in the country, which aims to support Saudi Arabia's ongoing energy change and diversification, and to supply 70% of the nation's
Aug 16, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, Asia, ACWA Power, PV Power Plant, NREP, National Renewable Energy Program, Public Investment Fund, PIF
ACWA makes power play for 700MW Saudi solar
PPA is for the $450m Ar Rass solar photovoltaic independent power plant in Saudi Arabia's Al Qassim province.
Ar Rass is expected to reach economic enclose the
Mar 8, 2022 // Plants, Saudi Arabia, Asia, ACWA Power, Saudi Power Procurement Company, SPPC
Neom’s Giant Hydrogen Project Stalls Amid Buyer Shortage, Faces Slowdown
Saudi Arabia’s showcase green-hydrogen venture at Neom—once hailed as a guaranteed success story—has hit an unexpected snag: it cannot find enough customers for the fuel it plans to export as green ammonia. Developers have signed up just one firm buyer, TotalEnergies, for roughly a third of planned output, leaving more than half of the 600-ton-per-day capacity without takers.
The $8.4 billion complex is a three-way joint venture between Neom, Air Products & Chemicals and ACWA Power. When financing closed in 2023, Pennsylvania-based Air Products agreed to purchase the entire output and resell it worldwide. Yet on a May 1 investor call, incoming CEO Eduardo Menezes acknowledged that the company is delaying investment in European receiving terminals “until specific regulatory frameworks are clear and we have firm customer commitments.”
With export prospects dim, the consortium is now courting domestic offtakers, including heavy industries planned for the Neom region itself. But demand inside the kingdom remains uncertain, prompting internal discussions about scaling the project down or building it in smaller phases so capital is released only after sales contracts are signed. Major equipment—electrolysers, storage tanks and pipelines—has already been ordered, complicating any redesign.
The setback highlights the broader challenge facing green hydrogen: high production costs and a still-nascent market. Although the Neom plant enjoys abundant solar and wind resources and has cleared Saudi Arabia’s notoriously brisk permitting process, its fuel still costs far more than fossil-based alternatives. Across the globe, many similar projects have been shelved or postponed for the same reason.
For Crown Prince Mohammed bin Salman, the news is another complication for Neom, the $1.5 trillion desert megaproject already grappling with budget cuts and shifting timelines. Unless regulators in Europe and Asia finalise robust incentives—and corporate buyers lock in long-term contracts—the hydrogen dream that was meant to power Saudi Arabia’s economic transformation may arrive later, and at a smaller scale, than the kingdom once envisioned.
May 22, 2025 // Solar to Fuel, Saudi Arabia, Asia, hydrogen, Neom
Financial Agreements Signed to Fund World's Largest Green Hydrogen Project in Neom
green hydrogen manufacturing plant in Neom, the sustainable city project in Saudi Arabia. The quantum of funds committed by the lenders with Saudi Industrial
Dec 20, 2022 // Solar to Fuel, green hydrogen, hydrogen project, green ammonia, Air Products, National Infrastructure Fund, Neom financial agreements, Neom Green Hydrogen Company, NGHC, NIF, Saudi Industrial Development Fund, SIDF
Trina Solar Vertex N 700W+: Mass Production Begins
actual projects have been installed using the Vertex N 700W+ series modules in Saudi Arabia and China, providing valuable feedback on real world performance.
What
Aug 31, 2023 // Manufacturing News, Trina Solar, Vertex Module
Somabay Resort And TAQA Arabia Establish PV Solar Plant
Cairo, Egypt experienced the celebration of the launch of a 5MW PV solar plant in Somabay Resort possessed by TAQA Arabia, which is the full-service power as well as utility supplier in Egypt.
Jul 5, 2022 // Plants, Large-Scale, Commercial, TAQA Arabia, carbon footprint, desalinated water, PV Solar Plant, Somabay
MBRAUN: Aiding KAUST in Setting New Perovskite Record
University in Saudi Arabia, with the help of MBRAUN systems, recently set a new world record in the efficiency of perovskite tandem solar cells, reaching 33.7%
Jul 4, 2023 // Technology, perovskite, efficiency, KAUST
ACWA Power posts strong H1 results as it continues its renewables expansion
and also has authorized a number of power acquisition arrangements (PPAs) in Saudi Arabia-- one for a 91MW PV plant and a second for the 700MW Ar Rass project with a
Aug 15, 2022 // Markets & Finance News, Saudi Arabia, floating PV, Asia, power purchase agreement, Indonesia, Uzbekistan, Oman, ACWA Power
Scientists in Saudi Arabia Make 27% Effective n-i-p Perovskite Tandem Cell
led by Saudi Arabia's King Abdullah University of Science and Technology (KAUST) have demonstrated a tandem cell based on an n-i-p perovskite piled on top of a
Jul 13, 2021 // Technology, Saudi Arabia, King Abdullah University of Science and Technology, Asia, solar cell, perovskite, efficiency, KAUST, n-type cell architecture, tandem devices
6 Consortiums Pre-Qualified for Morocco's 400 MW Atlas Solar Plant
from Spain, International Power from Belgium, and Acwa Power from Saudi Arabia. The project will incorporate solar PV and concentrated solar power
Jul 12, 2023 // Plants, Large-Scale, Commercial, Africa, Morocco, PV Power Plant