Energy

The United States and the Kingdom of Saudi Arabia have agreed to collaborate on civil nuclear energy, following the signing of an energy cooperation and critical minerals agreement in Riyadh, according to the US Department of Energy. Discussions are ongoing with countries working toward the signing of the important 123 agreement, which is essential for nuclear cooperation. His Excellency Prince...

A team from the College of Architecture and Planning at Imam Abdulrahman Bin Faisal University has suggested that Saudi Arabia should transition from lead-acid to lithium-ion batteries. Their recommendation, published in the journal Energies, targets the country's growing renewable energy sector, particularly in residential solar energy. Saudi Arabia aims to cut its oil dependence by 50% by 2030, according to...

Saudi Arabia’s solar energy market is undergoing rapid expansion, with its value expected to rise from USD 2.5 billion in 2024 to USD 7.72 billion by 2030, according to Research and Markets. This growth, marked by a projected annual increase of 20.5%, is fueled by the Kingdom’s Vision 2030 strategy, which aims to diversify energy sources and reduce reliance on...

Saudi Arabia’s green technology sustainability market is experiencing rapid expansion, with its value expected to rise from $5.3 billion in 2024 to $12.83 billion by 2030, reflecting a compound annual growth rate of 15.7%, according to ResearchAndMarkets.com. The sector’s growth is fueled by government initiatives such as Vision 2030 and the Saudi Green Initiative, which focus on reducing reliance on...

The King Abdullah Petroleum Studies and Research Center (KAPSARC) and the Delegation of the European Union (EU) to the Kingdom of Saudi Arabia recently held a high-level workshop in Riyadh focused on advancing EU-Saudi energy cooperation. The gathering brought together senior business leaders, officials, and energy specialists from both regions to address critical issues such as energy security, robust supply...

Safeer, a partnership between TotalEnergies and Zahid Group, has entered into a Power Purchase Agreement with Golden Chicken to build a solar power facility at Golden Chicken’s site in Saudi Arabia. This initiative reflects both companies’ dedication to promoting renewable energy within the Kingdom, according to project details. The solar plant will have a capacity of 5.18 MWp (4.13 MWac)...

Saudi Arabia to Host Inaugural “Hydrogen Arabia” Conference Saudi Arabia will host the inaugural “Hydrogen Arabia” conference on 8-9 December 2025 at the Crowne Plaza Riyadh, underscoring its growing influence in sustainable energy. The event will bring together international leaders, investors, and innovators to discuss hydrogen’s role in the Middle East’s clean energy future and highlight the Kingdom’s dedication to...

Shanghai Electric has entered into major renewable energy agreements with Abu Dhabi Future Energy Company (Masdar) and Oman’s Mawarid Group, focusing on expanding clean energy initiatives in Saudi Arabia and Oman. According to GlobalData Strategic Intelligence, the collaboration with Masdar centers on building a 2GW solar power plant in Saudi Arabia, named the Sadawi project. This facility—Shanghai Electric’s largest solar...

Saudi Arabia’s solar energy storage market is experiencing rapid expansion, with its value reaching USD 160.43 million in 2024 and projected to climb to USD 728.01 million by 2033, according to the IMARC Group. This robust growth, marked by a forecasted annual rate of 17.10% from 2025 to 2033, is fueled by significant government initiatives, increased investment in renewables, and...

India and Saudi Arabia Explore Undersea Electricity Grid Connection India and Saudi Arabia are exploring a major project to connect their electricity grids through undersea cables beneath the Arabian Sea, according to the Times of India. This initiative could enable India to export green energy and supports Prime Minister Narendra Modi’s vision for a global renewable energy grid under the...