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...
Arctech has secured an exclusive agreement to supply its SkyLine II solar tracking systems for the Sadawi Solar Project in Saudi Arabia, according to information from the company. This 2.3 GW solar farm, developed by Shanghai Electric, will use Arctech’s advanced single-axis trackers designed to withstand strong winds and minimize downtime. Covering approximately 40 kilometers, the Sadawi project aims to...
A consortium led by Técnicas Reunidas and Sinopec has been chosen by ACWA Power to oversee the design of a new green hydrogen facility in Yanbu, Saudi Arabia, according to Inspenet. This project aims to double the output of the NEOM hydrogen initiative, supporting Saudi Arabia’s ambition to become a global leader in clean energy. The planned plant will produce...
NMDC Energy has begun fabrication operations at its state-of-the-art yard in Ras Al-Khair, Saudi Arabia. The facility, located within the Ras Al-Khair Special Economic Zone, spans 400,000 square meters and is built to handle both offshore and onshore energy projects, with an annual output capacity of 40,000 tonnes, according to NMDC Energy. Outfitted with advanced automation and digital technologies, the...
Saudi Arabia is rapidly expanding its solar street lighting market from 2020 to 2040, driven by the nation’s Vision 2030 strategy to diversify energy sources and modernize urban infrastructure, according to Global Data Route Analytics. Solar street lights, which use photovoltaic panels to generate and store electricity for LED lamps, provide cost-effective and low-maintenance solutions that operate independently from the...
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...