Energy

HiTHIUM, a Chinese energy storage manufacturer, has been awarded a contract by the Saudi Electricity Company to deliver two major battery energy storage system projects in the provinces of Tabuk and Hail. According to HiTHIUM, these projects will have a combined capacity of 4 gigawatt hours and use their advanced long-duration battery cells within 6.25 megawatt-hour units. The initiative, developed...

E-FILL, operated by ASX eMobility under AlSharif Group Holding, has introduced Saudi Arabia’s first subscription-based electric vehicle charging plans. The new options—Basic, Standard, and Business/Fleet—are designed to offer affordable and predictable pricing, making it easier for drivers and businesses to access E-FILL’s expanding fast-charging network nationwide, according to ASX eMobility. Mohammed Almusawa, Chief Executive Officer of ASX eMobility | E-FILL,...

Saudi Electricity Company (SEC) has reported strong financial and operational results for the second quarter and first half of 2025, reflecting increased energy demand and ongoing business expansion, according to SEC. In the second quarter, revenue rose by 24% to SAR 27.7 billion, with gross profit up 42% to SAR 7.4 billion. Operating profit climbed 21% to SAR 6.8 billion,...

Masdar, in partnership with GD Power and Korea Electric Power Corp., has finalized the financing for the Al Sadawi solar photovoltaic project in Saudi Arabia, according to the company. With a planned capacity of 2 GW, this initiative is part of the National Renewable Energy Program overseen by the Ministry of Energy. The project, valued at around US$1.1 billion, has...

China’s ZTT Submarine Cable & System has announced plans to build a manufacturing plant in Saudi Arabia, aiming to strengthen its presence in the Middle East and support local industry growth, according to the company. This initiative is designed to boost regional industrial development by bringing production closer to customers, improving response times, and tailoring solutions for Saudi Arabia and...

Hitachi Energy is participating as a Strategic Sponsor at the 8th General Conference for the Arab Union of Electricity, hosted in Riyadh under the patronage of the Ministry of Energy and in partnership with Saudi Electricity Company. This event gathers top policymakers, senior executives, and industry experts from across the Arab region’s electricity and energy sector. The conference, organized every...

Saudi Arabia’s Ministry of Energy has introduced the Taqatech Accelerator, a new initiative to boost startups focused on local content, technology localization, and job creation. Launched in partnership with The Garage, the program aims to foster innovation, drive economic growth, and support environmental sustainability in the energy sector, according to the Saudi Press Agency. The launch event was attended by...

Saudi Electricity Company (SEC) has reported strong financial and operational results for the second quarter and first half of 2025, reflecting growing demand and strategic investments amid Saudi Arabia’s ongoing energy transition, according to SEC. In the second quarter, SEC’s revenue climbed 24% to SAR 27.7 billion, with gross profit up 42% at SAR 7.4 billion. Operating profit increased by...

Researchers at the Center of Excellence for Renewable Energy and Storage Technologies at King Abdullah University of Science and Technology (KAUST) have discovered a key reason why aqueous rechargeable batteries have struggled to become a safer and more affordable option for sustainable energy storage, according to the Saudi Press Agency. Their study, published in Science Advances, reveals that water inside...

Saudi Arabia’s ACWA Power has selected a consortium of Tecnicas Reunidas and Sinopec Guangzhou Engineering to carry out the front-end engineering design (FEED) for a major green hydrogen and ammonia project in Yanbu, according to industry sources. The initiative will feature 4 gigawatts of electrolysis capacity, with the goal of generating 400,000 tons of green hydrogen annually. This hydrogen could...