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Saudi Arabia Inks MoU with China USD 5.6 Billion to Produce EVs – EQ Mag

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SINGAPORE : Saudi Arabia and China have inked $10bn worth of investment agreements, including a $5.6bn deal involving Chinese electric vehicle (EV) manufacturer Human Horizons. The deals were signed during the first day of the 10th Arab-China Business Conference in Riyadh, Saudi Arabia, which runs on 11-12 June. The other investment agreements signed span sectors […]
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Saudi Arabia, Kazakhstan sign deal to boost energy cooperation
SAUDI ARABIA

Saudi Arabia, Kazakhstan sign deal to boost energy cooperation – EQ Mag

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The agreement includes encouraging cooperation in the fields of petroleum and its derivatives, gas and its derivatives, refining, petrochemicals, electricity, renewable energy, clean hydrogen, energy efficiency, storage, and development RIYADH : Saudi Arabia and Kazakhstan signed on Monday a memorandum of understanding in the field of energy. Minister of Energy Prince Abdulaziz bin Salman held […]
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Saudi Arabia announces official launch of Iraq powergrid project
SAUDI ARABIA

Saudi Arabia announces official launch of Iraq powergrid project – EQ Mag

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The agreement for the project was signed by GCC Interconnection Authority (GCCIA) and Iraq on the sidelines of the ‘Jeddah Summit for Security and Development’ in July last year Saudi Arabia has announced the launch of the powergrid interconnection project with Iraq, which entails the implementation of a dual-circuit transmission line linking the northern city […]
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Egypt commits US$40bn to green hydrogen economy to attract foreign investment
SAUDI ARABIA

China’s Envision Energy bags 1.67 GW wind turbine contract for NEOM green hydrogen project in Saudi Arabia – EQ Mag

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Contract awarded by Air Products China’s Envision Energy announced on Tuesday that it has signed a contract with Air Products to supply 1.67-gigawatt (GW) wind turbines for the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company within the NEOM giga project in north-west Saudi Arabia. Air Products is the Engineering, Procurement […]
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Solar and wind contributed 88 percent to rise in renewable energy in 2021 despite uncertainties report
SAUDI ARABIA

Envision wins 1.67GW Saudi contract – EQ Mag

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The firm’s wind turbines to help power a utility-scale green hydrogen plant Envision Energy has signed a contract to supply 1670MW of wind turbines to NEOM Green Hydrogen Company, which claims to be the world’s largest utility-scale hydrogen plant powered entirely by renewable energy. The mega plant is located at Oxagon in Saudi Arabia. Under […]
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Acwa Power
SAUDI ARABIA

ACWA Power Inaugurates First Integrated Water Desalination – EQ Mag

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The plant is the first-of-its-kind in the kingdom due to its integration with photovoltaic (PV) solar power ACWA Power along with Gulf Investment Corporation (GIC) and AlBawani Water & Power Company (AWP), have inaugurated Jubail 3A independent water desalination plant (Jazlah Water Desalination Company). This follows the award of the commercial operation certificate from Saudi […]
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