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SAUDI ARABIA

Saudi Aramco halts plan to raise production capacity

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In Short : Saudi Aramco has announced a halt to its plan to raise production capacity, as indicated in a statement. This decision may align with global efforts to transition to cleaner energy sources and address environmental concerns. It also reflects a potential shift in strategy for one of the world’s largest oil producers. In […]

Riyadh Cables wins big supply contract for Dubai solar project

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In Short : Riyadh Cables has secured a significant supply contract for a solar project in Dubai. This contract underscores the company’s role in providing essential cabling solutions for solar infrastructure, contributing to the development of renewable energy projects in the region. In Detail : Saudi-based Riyadh Cables Group said it has entered into a […]

BNEF report: US$1.8 trillion of energy transition investment in 2023, solar oversupply points to manufacturing contraction

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In Short : According to a BloombergNEF (BNEF) report, an estimated $1.8 trillion of energy transition investment is expected in 2023. However, the report also notes that solar oversupply may lead to a contraction in manufacturing. This dynamic reflects the evolving landscape of the energy transition sector, with substantial investments accompanied by market challenges. In […]

L&T unit secures $1.2bln EPC contract for Dubai solar project

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In Short : A unit of Larsen & Toubro (L&T) has secured a $1.2 billion Engineering, Procurement, and Construction (EPC) contract for a solar project in Dubai. This contract underscores L&T’s involvement in significant renewable energy projects and contributes to the expansion of solar infrastructure in the region. In Detail : Being developed as part […]

Solar PV projects under G2G mode: PM allows PD to seek approval of summary from Cabinet

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In Short : Prime Minister grants permission to the Project Director to seek Cabinet approval for Solar PV projects under the Government-to-Government (G2G) mode. This decision reflects a commitment to advancing solar initiatives through streamlined decision-making processes. In Detail : ISLAMABAD : Caretaker Prime Minister Anwar-ul-Haq Kakar has allowed Power Division to seek approval of […]

How solar power became a renewable energy star

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In Short : Solar power shines as a renewable energy star due to cost reductions, environmental benefits, policy support, technological progress, and decentralized production. Its independence from fossil fuels, job creation, and global investments underscore its pivotal role in sustainable energy solutions. In Detail : Fifty years ago this week, a momentous event unfolded in […]

DEWA is on pace to reach Net-Zero by 2050 through pioneering clean and renewable energy projects

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In Short : DEWA, Dubai Electricity and Water Authority, is making significant strides toward achieving net-zero carbon emissions by 2050. Through pioneering clean and renewable energy projects, DEWA is playing a key role in advancing sustainable practices, aligning with global efforts to combat climate change and transition to cleaner energy sources. In Detail : This […]

Ma’aden and GlassPoint announce Phase 1 of major industrial solar thermal project in Saudi Arabia

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In Short : Ma’aden (Saudi Arabian Mining Company) and GlassPoint announce Phase 1 of a significant industrial solar thermal project in Saudi Arabia. This collaboration likely involves harnessing solar energy for industrial applications, contributing to sustainable practices in the region. In Detail : The project aims to decarbonise Ma’aden’s aluminum supply chain and was officially […]

1.25 جيجاوات! Yingli Solar تزود وحدات Panda N-Type عالية الكفاءة لمحطات الطاقة الكهروضوئية الضخمة في الشرق الأوسط

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BAODING, China : Yingli Energy Development Co., Ltd. (Yingli Solar) has recently penned an agreement to supply modules. Under the terms, Yingli Solar will provide 1.25 GW of their high-efficiency Panda N-type TOPCon PV modules for the Saad 2 PV project. This project, developed by ACWA Power in Saudi Arabia, is a pivotal part of the third round of PV […]