Energy

GECI has launched Middle East Electrolysers Company, a joint venture with China’s Hygreen Energy, to localize high-tech electrolyzer manufacturing in Saudi Arabia. The company will be based in the Eastern Province and aims to serve Saudi Arabia, the Gulf, and wider MENA markets. Hygreen Energy brings more than 18 years of experience, over 300 projects across 30 countries, and technologies...

Tokamak Energy and Saudi Arabia’s King Abdulaziz City for Science and Technology (KACST) have formed a strategic partnership announced at the Future Investment Initiative in Riyadh. The collaboration centers on fusion energy development, with a particular emphasis on high-temperature superconductors (HTS). The agreement, signed by Tokamak Energy CEO Warrick Matthews and KACST President Dr Munir Eldesouki, sets out plans for...

Saudi Arabia’s Future Investment Initiative (FII9) closed with a wave of deals and pledges focused on artificial intelligence, clean energy, advanced tech, and infrastructure. According to the Future Investment Initiative Institute, more than $50 billion in agreements were announced during the four-day forum in Riyadh. Organizers said the event, held under the theme The Key to Prosperity: Unlocking New Frontiers...

TotalEnergies and Aljomaih Energy & Water (AEW) have won a 400 MW solar project in As Sufun, Saudi Arabia, under the National Renewable Energy Program, according to the companies. The plant will be developed, built, and operated by the consortium for the Saudi Power Procurement Company (SPPC). The project includes a 25-year Power Purchase Agreement with SPPC and targets grid...

Saudi Arabia has awarded 4.5 GW of new solar and wind capacity in the sixth round of the National Renewable Energy Programme (NREP), according to the Saudi Press Agency. Five projects—one wind and four solar—were selected, with total investments estimated at SAR 9 billion (US$2.4 billion), the agency reported. Masdar won two solar projects: the 1.4 GW Najran plant with...

Saudi Arabia has advanced its renewable energy push with a new 25-year Power Purchase Agreement for the 600 MW Samtah Solar PV project, according to the Ministry of Energy and company statements. The agreement was signed in Riyadh under the supervision of the Ministry of Energy by the Saudi Electricity Company (SEC) and EDF Power Solutions with the Saudi Power...

A consortium including Korea Electric Power Corp. (KEPCO) has secured a major role in Saudi Arabia’s latest renewable energy rollout. The Saudi Press Agency (SPA) reported that the Saudi Power Procurement Company (SPPC) awarded five wind and solar projects totaling 4,500 MW, with planned investment of 9 billion Saudi riyals (about 3.4 trillion won), according to SPA. Within this package,...

Saudi Arabia will host the inaugural Hydrogen Arabia Summit & Exhibition in Riyadh on December 8 – 9, 2025, at the Crowne Plaza Riyadh RDC. The event is organized by RX, the team behind the World Hydrogen Summit. Positioned as a new hub for hydrogen and clean energy collaboration, the summit combines a strategic conference with a technology showcase. It...

CoMotion GLOBAL 2025 will take place in Riyadh from December 7–9, positioning Saudi Arabia as a hub for next‑generation mobility and tourism. Organized by the Saudi Convention and Exhibition General Authority (SCEGA), the summit is set to convene global leaders, investors, and innovators. The event aligns with Vision 2030, spotlighting the Kingdom’s push to diversify its economy and showcase its...

Abunayyan Holding and Nextracker have agreed to form Nextracker Arabia, a joint venture aimed at accelerating solar deployment in Saudi Arabia and the wider MENA region. The new company will be based in Riyadh and focus on advanced solar tracking systems, mechanical infrastructure, and yield management and control solutions. Nextracker Arabia will combine Abunayyan’s long-standing water and energy infrastructure expertise...