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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 […]

Sime Darby Property and TNB Join Forces for Sustainability

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Sime Darby Property and TNB (Tenaga Nasional Berhad) have forged a sustainability partnership. This collaboration underscores their joint commitment to environmental responsibility and sustainable development. By working together, they aim to implement eco-friendly initiatives and contribute to a more sustainable future in the property and energy sectors. This alliance represents a significant step toward promoting […]

Acciona has initiated the energization phase for the Jubail 3B Independent Water Project (IWP) in Saudi Arabia

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Acciona has initiated the energization process for the Jubail 3B IWP (Independent Water Project) in Saudi Arabia. This milestone marks a significant step in providing sustainable and reliable water infrastructure in the region. Acciona’s involvement underscores their commitment to advancing water solutions that contribute to Saudi Arabia’s infrastructure development and promote environmental sustainability.

Saudi’s ACWA Power to kick off China operations in 2024

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Move is part of company’s global expansion plan running through 2030 Saudi Arabian private utility ACWA Power will kick off its operations in China in 2024, as it looks to boost its footprint in the Asia-Pacific region. The move is part of the company’s global expansion plan which will run through 2030, Bloomberg reported, quoting […]

Saudi Arabia Deepens Energy Ties With China – EQ Mag

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Saudi Arabia and China have cemented their relationship with several agreements, including a $10-billion refinery project in China and Saudi’s partial membership in the China-led Shanghai Cooperation Organisation. Saudi’s Energy Minister emphasized the importance of collaboration with China, especially in the renewable energy sector, instead of competing, showing a shift in Saudi Arabia’s foreign relations […]

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 […]

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 […]

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 […]