Saudi Arabia

Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital?

In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […]

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Solar Tracker Maker PVH set to Open First Solar Facility in the Middle East

California-headquartered PV Hardware (PVH), a Spanish solar tracker and mounting systems manufacturer, announced yesterday its plans to open a manufacturing facility in Saudi Arabia. The company’s first factory and branch in the Middle East will manufacture PV structures, solar tracking systems and robotic cleaning devices ‘Made-in-K.S.A.’, in response to the rules for domestic content recently outlined […]

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L&T Bags EPC Contract for the 1.5 GW Sudair Solar Project in Saudi Arabia

L&T has secured a turnkey EPC Contract in Saudi Arabia, from the consortium led by ACWA Power for the 1.5 GW Sudair solar project. The Renewables arm of Larsen & Toubro’s (L&T) Power Transmission & Distribution Business has announced that it has secured a turnkey EPC Contract, from the consortium of ACWA Power and the […]

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ACWA Power Inaugurates First Utility Renewable Project in Saudi

ACWA Power has announced the inauguration of the 300 MW Sakaka PV IPP, Saudi Arabia’s first utility-scale renewable energy project ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants, has announced the official inauguration of the 300 MW Sakaka PV IPP, the Kingdom of Saudi Arabia’s (KSA) first […]

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New Solar Projects Accelerate Saudi Vision 2030

Saudi Arabia is on its way to achieving its ‘Vision 2030’ goal, which aims at diversifying the Kingdom’s economy away from dependence on oil and towards renewable energy.  In addition to announcing the opening of the ACWA Power-developed Sakaka solar power plant, Saudi Crown Prince Mohammed Bin Salman also revealed that agreements for 7 new […]

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In NTPC’s 30 GW Solar Plan, A Move To Maintain Control Over India’s Solar Targets

NTPC’s ‘audacious’ Rs 2.01/Kwh bid at an auction where Saudi Arabia’s Aljomaih Energy and Water Company and Singapore’s Sembcorp Industries bid at Rs 2 might just signal the next phase of the national power generators biggest shift yet. To Renewable Energy. When NTPC won 470 mw of solar development rights for itself at Rs 2, […]

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$5 Bn Green Hydrogen Project to Come up in Saudi Arabia

Air Products, ACWA Power and NEOM, have agreed on a USD 5 billion green hydrogen-based ammonia production facility in NOEM, Saudi Arabia. Air Products, in conjunction with ACWA Power and NEOM, has announced the signing of an agreement for a USD 5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, which will be […]

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Saudi Arabia Lists 49 Pre-Qualified Bidders for 1.2 GW Solar Tender

The Saudi Arabia REPDO has issued the list of all the pre-qualified bidders in round three of the Kingdom’s NREP for four solar PV projects worth 1.2 GW The Saudi Arabia Renewable Energy Project Development Office (REPDO) has issued the list of all the pre-qualified bidders in round three of the Kingdom’s National Renewable Energy […]

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Covid 19 Could Push Oil Consumption Back By a Decade

Global oil Consumption in 2020 could be pushed back to levels last seen a decade back. That would be unprecedented, with profound lessons for the future. With the rest of the world entering the most intense phase of the Covid 19, or coronavirus epidemic impact, one thing is clear. Global oil consumption could be easily […]

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