Energy

JinkoSolar, a leading photovoltaic module manufacturer, has reached a significant milestone with Saudi International Power and Water Company (ACWA Power). This partnership aims to enhance solar energy production in Saudi Arabia, supporting the nation's energy transition goals. The collaboration involves supplying around 3 GW of photovoltaic modules for the PIF4 project, backed by the Saudi Public Investment Fund. This includes...

Yellow Door Energy, a prominent player in sustainable energy for the Middle East and Africa, successfully participated in the FABEX 2024 in Riyadh, Saudi Arabia. The company highlighted its innovative solar technologies aimed at helping businesses in the Kingdom's heavy industry reduce electricity costs and achieve sustainability goals. At the exhibition, Yellow Door Energy's solar experts provided insights into advanced...

The Public Investment Fund (PIF) of Saudi Arabia is channeling funds from green bonds into significant projects, as detailed in its latest Allocation and Impact Report. By June 2024, $5.2 billion of the $8.5 billion raised has been allocated to initiatives with environmental benefits, a significant increase from $1.3 billion the previous year. Green bonds, used to finance environmentally friendly...

The Solar & Storage Live KSA and Future Energy Live KSA events will take place on October 15-16, 2024, at the Riyadh Front Exhibition & Conference Center. This significant gathering will bring together over 10,000 professionals, including government officials, industry leaders, and CEOs from the renewable energy sector. The event will feature 300+ exhibitors showcasing the latest in solar and...

Trinasolar, a leader in smart photovoltaic and energy storage solutions, is set to present its integrated energy solutions at the Solar and Storage Live KSA 2024 event. The showcase will include their Vertex N and Vertex S+ modules along with the Elementa 2 platform. This participation underscores Trinasolar's commitment to advancing energy transitions in Saudi Arabia with innovative and sustainable...

Saudi Arabia is set to make a significant investment in green hydrogen, launching a new company dedicated to this low-carbon fuel. This move highlights the country's efforts to diversify its energy resources and lead in sustainable energy. Part of Saudi Arabia's strategy is to reduce reliance on oil and gas while maintaining its status as a key global energy supplier....

Saudi Arabia is leveraging science and technology as pivotal elements in its Vision 2030 to tackle global issues such as climate change, food security, health crises, and advancements in artificial intelligence. Dr. Munir Al-Dasouki, President of the King Abdulaziz City for Science and Technology (KACST), highlighted these goals during the Science and Technology in Society Forum in Kyoto. The Kingdom...

Saudi Arabia's Public Investment Fund (PIF) has announced the creation of a new subsidiary, the Energy Solutions Company, which will invest around $10 billion in green hydrogen production. This initiative is part of a broader strategy to foster the development of low-carbon fuels. The Energy Solutions Company aims to capitalize on the growing demand for hydrogen, supported by a robust...

Saudi Arabia is advancing its position in the green hydrogen sector through a $10 billion initiative led by its Public Investment Fund (PIF). As part of Vision 2030, the Kingdom is utilizing its vast solar and wind resources to become a dominant force in this emerging market. This move marks a significant shift from Saudi Arabia's traditional reliance on oil...

The Neom Green Hydrogen Company has taken a significant step by receiving its first batch of wind turbines, marking an important milestone in Saudi Arabia's ambition to become a leader in hydrogen production. This development is part of a broader strategy by the Saudi Public Investment Fund (PIF) to invest approximately $10 billion into green hydrogen through its new subsidiary,...