Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more
Researchers At Saudi University Claim Storage Breakthrough With Zinc-Ion Batteries Updated On Tue, Aug 31st, 2021 by Saurenergy Researchers at Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) claim to have developed a new zinc-ion battery chemistry that they hope will deliver large-scale energy storage that is cheaper, safer, and more environmentally friendly than the commonly used lithium-ion batteries. The research summary states that rechargeable Zn-ion batteries are highly promising for […] Read more
ACWA Power Inaugurates First Utility Renewable Project in Saudi Updated On Mon, Apr 12th, 2021 by Saurenergy 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 […] Read more
New Solar Projects Accelerate Saudi Vision 2030 Updated On Sat, Apr 10th, 2021 by Saurenergy 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 […] Read more
EDF-Masdar Reach Financial Close on 400 MW Saudi Wind Project Updated On Tue, Jul 23rd, 2019 by Saurenergy The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia The consortium consisting of EDF Renewables and Masdar has completed the financing of the Dumat Al Jandal utility-scale wind project in Saudi Arabia, with the backing of Saudi and international banks. The […] Read more
Softbank Collaborates with Saudi Wealth Fund to Frame Solar Energy Plan Updated On Fri, Nov 3rd, 2017 by Saurenergy The energy plan will set out a new framework for developing Saudi Arabia’s solar sector, while the solar project will be executed by Saudi Electric Company (SEC) in which PIF has 74.3% stake. SoftBank has joined hands with Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) to frame a ‘Solar Energy Plan 2030’ for […] Read more
JinkoSolar Holds Strategic Meeting with Saudi Electricity Company Updated On Fri, May 19th, 2017 by Saurenergy Alawaji briefly introduced Saudi Electricity Company’s business operation, service and long-term business view, followed by the insight on renewable energy development, target and potential in Saudi Arabia. Xiande Li also shared about Jinkosolar’s development, scale, capacity and the latest achievements in both manufacturing and project development in solar industry. JinkoSolar has announced that its team, led […] Read more
Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie Updated On Tue, Oct 22nd, 2024 by Saurenergy Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […] Read more
World Is On Track To Add 593 GW Solar Power By 2024: EMBER Updated On Thu, Sep 19th, 2024 by Saurenergy The world this year saw a strong increase in solar energy installation which is now estimated to install 593 GW of solar panels by the end of this year i.e., in 2024, according to the latest report by EMBER. A recent report by the research organization found that at the current rate of installation, solar […] Read more
