Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam ..Read More

Doosan Enerbility, South Korea, has signed contracts worth KRW 340 billion (USD 247.5 million) to supply steam turbines and generators for Saudi Arabia's Ghazlan 2 and Hajar Expansion gas-fired power plants, each with a capacity of ~2,900 MW. The contracts were awarded by a joint EPC consortium of Spain's Técnicas Reunidas and Egypt's Orascom. Completion is expected by 2028, with Doosan providing four turbines (2x650 MW, 2x540 MW). The deal boosts Doosan’s presence in the Middle East power sector.
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• Power

Saudi Arabia’s Ministry of Energy, through SPPC and Nabah Renewable Energy Company (owned by ACWA Power, PIF ..Read More

Saudi Arabia’s Ministry of Energy, through SPPC and Nabah Renewable Energy Company (owned by ACWA Power, PIF’s Badeel, and SAPCO), signed a Solar PV Purchase agreement with Larsen & Toubro, Jinko Solar, and Neway Energy (NPT) for the 1,500 MW Al-Khushaybi Project in Qassim Province. The deal mandates 20% of PV panels to be locally manufactured, promoting localization, local content, and national manufacturing capabilities. This aligns with SPPC’s broader renewable energy expansion announced in June 2024.
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• Manufacturing
• Power

DataVolt, a Saudi Arabian data center firm, signed a $20 billion multi-year partnership with U.S.-based Superm ..Read More

DataVolt, a Saudi Arabian data center firm, signed a $20 billion multi-year partnership with U.S.-based Supermicro to deliver advanced GPU platforms and rack systems for hyperscale AI campuses in Saudi Arabia and the U.S. The collaboration supports green energy goals using gigawatt-class renewable and hydrogen power, while securing a U.S.-made supply chain for AI infrastructure. This move aligns with Saudi Arabia’s ambition to become a global tech hub.
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• Construction

Investcorp’s infrastructure platform, through its joint venture AIIP with Aberdeen plc, will invest in a $55 ..Read More

Investcorp’s infrastructure platform, through its joint venture AIIP with Aberdeen plc, will invest in a $550 million marine infrastructure project at the Port of Duqm, Oman, alongside CAP INFRA (Port of Duqm Company, DEME Group, and Port of Antwerp Bruges). This marks AIIP’s fourth investment, supporting a green steel plant within Duqm’s Special Economic Zone. The project aligns with Oman’s Vision 2040 and was secured through a competitive bidding process.
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• Construction

The Misk Heritage Museum “Asaan” has begun construction in Diriyah, Saudi Arabia, coinciding with Internat ..Read More

The Misk Heritage Museum “Asaan” has begun construction in Diriyah, Saudi Arabia, coinciding with International Museum Day. Spanning 40,000 sq. meters, the museum will feature immersive cultural experiences, a conservation lab, and programs promoting Saudi heritage. Designed by Zaha Hadid Architects, Asaan reflects Najdi architectural style and aligns with Vision 2030 to preserve and celebrate national identity.
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• Construction

AECOM will continue its partnership with Saudi Arabia’s Ministry of Sport to provide site supervision consul ..Read More

AECOM will continue its partnership with Saudi Arabia’s Ministry of Sport to provide site supervision consultancy for the transformation of King Fahd Sport City in Riyadh, ahead of the AFC Asian Cup 2027 and the 2034 FIFA World Cup™. The project aligns with Saudi Vision 2030, aiming to enhance sports infrastructure and economic growth. AECOM Hunt, with experience from global sports venues like SoFi and Mercedes Benz Stadium, will play a key role in the upgrade.
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• Construction

Dubai Electricity and Water Authority (DEWA) has set a new Guinness World Record for the largest single-operat ..Read More

Dubai Electricity and Water Authority (DEWA) has set a new Guinness World Record for the largest single-operator concentrated solar power (CSP) plant at 700 MW, part of the 950 MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase combines 600 MW from CSP parabolic basins, 100 MW from a CSP tower, and 250 MW from photovoltaic panels. The project also holds records for the tallest CSP tower (263.126m) and the largest thermal energy storage system (5,907 MWh). It supports Dubai’s net-zero 2050 goals.
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• Power

Kuwait’s Ministry of Electricity, Water and Renewable Energy has invited bids for consultancy services for P ..Read More

Kuwait’s Ministry of Electricity, Water and Renewable Energy has invited bids for consultancy services for Phase 1 of the Nuwaiseeb Power Project. The project entails supplying, installing, operating, and maintaining gas turbine units in a combined cycle system with a capacity of 3,600 MW. Tender documents are available for KWD 1,000, with a bid security of KWD 62,000. The submission deadline is 12 August 2025.
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• Power