Energy

The Saudi Arabian Smart Grid Sensors Market is undergoing rapid growth as the country seeks to modernize its energy infrastructure and boost grid efficiency. With a strong governmental push towards reducing energy consumption and enhancing sustainability, the implementation of smart grid sensors is accelerating. These sensors enable real-time monitoring and data collection, aiding utilities in making informed decisions, minimizing waste,...

Saudi Arabia's NEOM Green Hydrogen Plant Aims for 2026 Launch The NEOM Green Hydrogen Company is constructing the world's largest green hydrogen plant in Saudi Arabia, with production set to begin by December 2026. CEO Wesam Al-Ghamdi reports that the project is currently 60% complete. Al-Ghamdi highlights the unprecedented scale of the plant, which will leverage solar and wind energy...

The Saudi Arabian Solar Photovoltaic (PV) sector is pivotal in the nation's renewable energy landscape, driven by the Vision 2030 initiative to diversify energy sources and reduce oil dependency. Solar PV technology, which harnesses abundant sunlight to produce clean electricity, aligns seamlessly with these objectives. The government has introduced various incentives, including subsidies, tax benefits, and funding programs, to promote...

Saudi Arabia has entered into a collaborative program with Azerbaijan, Uzbekistan, and Kazakhstan to advance renewable energy initiatives. This agreement was finalized during the 29th UN Climate Summit in Baku, with Saudi Energy Minister Prince Abdulaziz bin Salman and his counterparts from the other nations signing the deal. The initiative seeks to create a strategic alliance to evaluate regional power...

Saudi Arabia has entered into a joint executive program with Azerbaijan, Uzbekistan, and Kazakhstan to enhance cooperation in renewable energy development and transmission. This agreement was formalized during the 29th UN Climate Summit in Baku, signed by Saudi Energy Minister Prince Abdulaziz bin Salman and his counterparts from the participating countries. The initiative focuses on creating a strategic partnership to...

Saudi Arabia is grappling with a significant water scarcity crisis, consuming 30 billion cubic meters annually while producing only 2 billion cubic meters of surface water. This gap necessitates seawater desalination, particularly in urban and industrial areas. However, desalination is energy-intensive, typically relying on fossil fuels, which incur high economic and environmental costs. To address these challenges, ATESS has developed...

Saudi Arabia is undergoing a significant transformation in its energy sector by moving away from fossil fuels and investing in renewable energy. The government has set an ambitious goal to build a solar panel and cell assembly plant with a capacity of five gigawatts. Investment in Renewable Energy Desert Technologies, a leading Saudi renewable energy company, plans to invest SAR...

The Saudi Power Procurement Company (SPPC) has initiated a request for qualification for its sixth series of solar and wind projects as part of the National Renewable Energy Program (NREP). This move, led by the Ministry of Energy, seeks to boost the nation's renewable energy capacity by 4,500 MW. The projects in this round include: 1,500 MWac Dawadmi Wind project...

Hyundai Engineering & Construction Co. (Hyundai E&C) has achieved a significant milestone by securing a major project in Saudi Arabia valued at 1 trillion won. The company signed a contract with the Saudi Electricity Co. for the "Saudi Riyadh-Kudmi 500kV High Voltage Direct Current (HVDC) Transmission Line" project, worth $725 million. This marks Hyundai E&C's largest transmission project in the...

Saudi Arabia's Ambitious Green Energy Plans Saudi Arabia aims to revolutionize the green hydrogen sector with a substantial investment of at least $10 billion. This initiative by the Public Investment Fund emerges during a challenging period for the industry, marked by project cancellations and adjustments. As global focus shifts to sustainable energy, Saudi Arabia's commitment could significantly alter the energy...