Energy

Tamimi Markets, a leading retailer in Saudi Arabia, has partnered with Yellow Door Energy to launch a major solar initiative at its distribution centers in Jeddah and Dammam. The agreement will see the installation of over 1,500 high-efficiency bifacial solar panels across 7,200 square meters of rooftop space, delivering a combined capacity of 900 kWp—465 kWp for the Jeddah site...

Saudi Arabia’s Minister of Energy, His Royal Highness Prince Abdulaziz bin Salman, met with Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA), in Riyadh to review progress in the Kingdom’s nuclear energy program, according to Saudi Gazette. Their talks addressed technical and regulatory cooperation, the implementation of top international safety standards, and achievements made through joint Saudi-IAEA...

A major renewable energy initiative in Saudi Arabia has been announced, witnessed by His Royal Highness Prince AbdulAziz bin Salman bin AbdulAziz Al Saud, Minister of Energy. ACWA Power, the Water and Electricity Holding Company (Badeel), and Saudi Aramco Power Company (SAPCO) have signed Power Purchase Agreements with the Saudi Power Procurement Company (SPPC), according to the Associated Press. This...

Saudi Power Procurement Co. (SPPC) has finalized agreements for seven major renewable energy projects, totaling 15,000 megawatts in capacity and SAR 31 billion ($8.3 billion) in investments, according to the Saudi Press Agency. The contracts were signed in the presence of His Royal Highness Prince Abdulaziz bin Salman, Minister of Energy and Renewable Resources and SPPC board chairman. These projects...

Jubaili Bros and Enar Renewables, a subsidiary of Al Kifah Holding, have entered a teaming and sub-distribution agreement to advance renewable energy across Saudi Arabia. Their partnership aims to deliver efficient, large-scale clean energy solutions, combining Jubaili Bros’ extensive experience in power systems with Enar’s local expertise and regulatory knowledge. The collaboration will prioritize solar PV and hybrid energy systems...

As the Middle East intensifies its shift to renewable energy, battery storage is becoming a vital part of its infrastructure. Countries like Saudi Arabia and the United Arab Emirates are investing in large-scale battery projects to improve energy security, cut emissions, and drive new industries. According to The Future of Battery Market in the Middle East & Africa, Saudi Arabia...

Korea Electric Power Corp. (KEPCO) has completed the first round of funding for major energy projects in Saudi Arabia, according to the company. The secured project financing totals approximately 5.5 trillion won ($3.96 billion), as reported by the firm, and will support the Al Sadawi photovoltaic project along with the Rumah-1 and Al Nairyah-1 independent power plants. The financing arrangement...

Schneider Electric has introduced its flagship Lauritz Knudsen brand to Saudi Arabia, expanding its presence in low-voltage electrical distribution and automation solutions. This move follows the company's acquisition of L&T Switchgear in 2020 and highlights Schneider Electric's commitment to supporting the Kingdom’s digital and energy transformation goals, according to the company. The launch was marked by an event in Riyadh...

Saudi Arabia is rapidly transforming its economy, shifting from oil dependency to a leader in sustainable development. Driven by Vision 2030 and the Saudi Green Initiative, the Kingdom is accelerating renewable energy projects, forming global partnerships, and promoting innovative practices like organic beekeeping, all while attracting significant green investment. Power Purchase Agreements have played a central role in this transition....

Tamimi Markets has entered a lease agreement with Yellow Door Energy to provide solar power for its distribution centers in Jeddah and Dammam, supporting Saudi Arabia’s Vision 2030 and the nation’s net-zero emissions target for 2060, according to information from Yellow Door Energy. Yellow Door Energy will handle the financing, design, construction, and operation of rooftop solar plants with a...