Energy

South Korea’s Export-Import Bank has committed $225 million in project financing for a major solar power plant in Saudi Arabia, marking the largest international solar venture led by a Korean company, according to the bank. The solar project, located in the Sadawi desert about 523 kilometers north of Riyadh, was awarded last November to a consortium headed by Masdar, a...

A recent study from King Fahd University of Petroleum and Minerals in Saudi Arabia evaluates how different solar technologies can lower the cost of producing green hydrogen. The research compared photovoltaic (PV), concentrated solar power (CSP), and hybrid PV-CSP systems, focusing on their technical, economic, and environmental impacts. According to the study, PV-powered electrolysis offers the lowest projected cost for...

Researchers in Saudi Arabia have developed a new hydrogel material that significantly boosts solar panel efficiency and longevity. According to findings published in Materials Science & Engineering R, this innovation increases solar panel performance by 12% and doubles their lifespan. The material, created by a team at King Abdullah University of Science and Technology, combines sodium polyacrylate and lithium chloride...

Saudi Arabia’s NEOM Green Hydrogen Project has reached 80% completion in its construction phase, according to Air Products, a US-based industrial gases company. This milestone covers all major components, including the green hydrogen facility, wind and solar power plants, and the transmission grid. Key equipment, such as wind turbines, electrolyzers, and hydrogen storage vessels, has already been delivered and installed....

Battery storage systems are becoming crucial for stabilizing electricity grids and supporting the transition to renewable energy. These technologies lower energy costs, boost the use of renewables, and reduce dependence on fossil fuels. According to the Associated Press, BYD Energy Storage and the Saudi Electricity Company (SEC) have signed an agreement to construct the world’s largest grid-scale battery storage project,...

Researchers at King Abdullah University of Science and Technology (KAUST) in Saudi Arabia have unveiled a new technology that could transform solar power. Their innovative cooling system, developed by Saudi scientists, uses a composite of lithium chloride and sodium polyacrylate to passively cool solar panels by absorbing and releasing moisture. According to the research team, this coating kept solar panels...

Saudi Arabia is strengthening its partnership with the International Renewable Energy Agency (IRENA) to further sustainability efforts, according to Francesco La Camera, IRENA’s director-general. Speaking during the UN Convention to Combat Desertification COP16, La Camera described the Kingdom as a prominent leader in shifting away from fossil fuels, crediting the Saudi Green Initiative for driving this progress. La Camera noted...

ENTRA1 Energy and NuScale Power, a U.S. nuclear technology company, have partnered to bring Small Modular Reactor (SMR) technology to the Gulf Cooperation Council (GCC) region. This collaboration is designed to address the rising energy needs driven by significant investments in artificial intelligence, data centers, and advanced computing across the region, according to NuScale Power. The United Arab Emirates and...

Construction of the NEOM Green Hydrogen Company’s major facility in Oxagon, northwestern Saudi Arabia, is now 80% finished, according to the company. This milestone covers significant advancements in the hydrogen production plant, wind and solar power installations, and supporting infrastructure. NEOM Green Hydrogen Company is a partnership between ACWA Power, Air Products, and NEOM, the group behind Saudi Arabia’s ambitious...

GameChange Solar is set to double its manufacturing capacity in the Kingdom of Saudi Arabia, reaching 6 GW annually by September 2025, according to the company. This expansion will allow the facility to continue producing the advanced Genius Tracker™ systems, designed for large-scale solar projects. The move aligns with Saudi Arabia’s Vision 2030, which aims to position the Kingdom as...