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SAUDI ARABIA

الابتكار يشكل مستقبل الطاقة النظيفة

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Innovation is key to driving the energy transition. From early successes with wind and solar to modern advancements in grid optimization and green hydrogen production, technological advancements are crucial to achieving a greener future. Developing technology for equipment such as solar panels and wind turbines has been instrumental in maximizing the output of clean energy […]

Desert Technologies And Elsewedy Electric Sign An MOU To Boost Saudi Renewable Energy Exports

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Desert Technologies currently produces 935,000 solar panels annually, with a production capacity of approximately 3,000 megawatts. Riyadh (Saudi Arabia) : Desert Technologies, a leader in the field of renewable energy solutions and the first Saudi company to manufacture and export solar panels, and Elsewedy Electric LLC (SWDY.CA), the leading company in providing integrated energy and […]

NEOM invests US$100M in Pony.ai to activate autonomous vehicles in NEOM and across the Middle East; new JV

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In Short : NEOM, the futuristic city planned in Saudi Arabia, has invested $100 million in Pony.ai, an autonomous driving technology company. This investment aims to activate autonomous vehicles within NEOM and expand across the Middle East. The partnership signifies a significant step towards the integration of cutting-edge technology in urban planning, supporting NEOM’s vision […]

Molecular insights lead to improvements in organic solar cells

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In Short : Scientists have made significant progress in enhancing organic solar cells through molecular insights. By studying the fundamental properties of organic materials at the molecular level, researchers have identified ways to improve the efficiency and stability of organic solar cells. These insights have paved the way for advancements in the development of sustainable […]

Saudi Power Procurement Company announces signing of PPA for Al Henakiyah Solar PV project -SPA

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In Short : The Saudi Power Procurement Company (SPPC) has announced the signing of a Power Purchase Agreement (PPA) for the Al Henakiyah Solar PV project. The project aims to harness solar energy for power generation, contributing to Saudi Arabia’s renewable energy goals. The agreement marks a significant milestone in the country’s efforts to diversify […]

JinkoSolar’s Historic Partnership Revolutionizes Solar Energy in Saudi Arabia

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The collaboration will set new standards in efficiency, sustainability, and innovation China-headquartered JinkoSolar, a leading solar and energy storage company, has inked a monumental deal with Acwa Power, one of the leading power and sea desalination giants. This historic agreement involves the supply of 3.8 GW N-type Tiger Neo panels for two pivotal projects in […]

Belize Secures $77 Million Loan from Saudi Arabia for 60-Megawatt Solar Plant

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And to aid the country’s growing need for energy, the government has sought funding from Saudi Arabia to construct a 60-megawatt solar plant. The 77-million-dollar loan was obtained in March through the Saudi Fund for Development (SFD) and aims to improve Belize’s energy independence by reducing reliance on foreign energy sources. Minister of State in […]

Saudi Arabia’s Ambitious Decarbonization Plans

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Saudi Arabia aims to derive 50% of its energy from renewable sources by the end of the decade, with a significant clean energy pipeline and investments in various clean technologies. The country is partnering with India to become an energy powerhouse and is focusing on direct air capture (DAC) technology to decarbonize its oil and […]

Saudi companies are exploring a potential 1000 MW solar energy deal and considering investments in refinery projects

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In Short : Saudi companies are exploring a potential 1000 MW solar energy deal and investment in refinery projects. This initiative reflects Saudi Arabia’s efforts to diversify its economy, reduce dependence on oil, and promote sustainable energy sources. By investing in solar energy and refinery projects, the country aims to enhance its energy infrastructure, create […]