A new joint venture, backed by the Ministry of Energy, has been launched in Saudi Arabia to boost local manufacturing in the conventional power sector. The partnership includes Dalian Insulators Group, Power Union Company (a subsidiary of Al-Ojaimi Industrial Group), and GREENGRID Company.
The agreement was signed in Riyadh as part of the Ministry’s Nuwat’in program, which seeks to build national expertise in energy. The focus is on producing extra-high voltage and high voltage suspension porcelain insulators within the Kingdom, essential for electricity transmission networks.
This initiative directly supports Saudi Arabia’s Vision 2030 by aiming to strengthen domestic manufacturing, reduce import dependence, and enhance the efficiency of the national supply chain. Establishing local production of these key components is expected to create jobs, improve industrial strength, and encourage technological progress.
With this collaboration, Saudi Arabia moves closer to its goal of a robust, independent, and globally competitive energy sector, according to the Ministry of Energy.
