EDF Saudi Arabia and TAQA Geothermal Energy Company signed an MoU at the PIF Private Sector Forum in Riyadh to ..Read More

EDF Saudi Arabia and TAQA Geothermal Energy Company signed an MoU at the PIF Private Sector Forum in Riyadh to collaborate on geothermal energy technologies, including power generation, HVAC applications, and Compressed Air Energy Storage. The agreement, signed by Omar Aldaweesh (EDF) and Meshary Al-Ayed (TAQA Geothermal), aligns with Saudi Vision 2030 and EDF’s Ambitions 2035 to advance sustainable energy solutions. The partnership aims to develop geothermal cooling systems and enhance Saudi Arabia’s renewable energy leadership.
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• Power

BYD Energy Storage has signed the world’s largest energy storage contracts with Saudi Electricity Company (S ..Read More

BYD Energy Storage has signed the world’s largest energy storage contracts with Saudi Electricity Company (SEC) for a 12.5GWh capacity project, bringing their total collaboration to 15.1GWh. The Battery Energy Storage Systems (BESS) will be installed across five sites, fully integrating into Saudi Arabia’s power transmission network to enhance grid stability, energy efficiency, and renewable energy integration. This partnership supports Saudi Vision 2030’s goal of achieving 50% renewable energy, marking a milestone in global ultra-large-scale energy storage.
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• Power

xSAL Logistics Services has signed a cooperation agreement with the Madinah Region Development Authority to en ..Read More

xSAL Logistics Services has signed a cooperation agreement with the Madinah Region Development Authority to enhance logistics services and smart facilities at Prince Mohammed bin Abdulaziz International Airport in Madinah. The agreement, signed by Saleh bin Ahmed Aldaini and Abdulmajeed Mangara, aims to boost air cargo operations, improve the logistics performance index, and support Saudi Vision 2030. Key initiatives include smart facility systems, sustainability projects, seasonal event support, and logistics workshops, reinforcing Saudi Arabia’s ambition to become a global logistics hub.
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• Power

NEOM and DataVolt signed a $5 billion agreement to develop a 1.5-gigawatt sustainable AI data center in Oxagon ..Read More

NEOM and DataVolt signed a $5 billion agreement to develop a 1.5-gigawatt sustainable AI data center in Oxagon, aligning with Saudi Arabia’s vision for a data-driven economy. The renewable-powered facility will use advanced cooling and energy-efficient architectures, aiming for net-zero operations by 2028. Oxagon’s strategic Red Sea location, fiber connectivity, and green energy access make it ideal for this large-scale project.
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• NEOM

VA TECH WABAG secured a $371 million EPC contract from Al Haer Environmental Services for a 200 MLD Independen ..Read More

VA TECH WABAG secured a $371 million EPC contract from Al Haer Environmental Services for a 200 MLD Independent Sewage Treatment Plant (ISTP) in Saudi Arabia, part of Vision 2030. The project is developed by a Miahona-led consortium for Saudi Water Partnership Company (SWPC), with WABAG as the technology partner and MGC handling pipelines and reservoirs. WABAG also won a 20 MLD Industrial Wastewater Treatment Plant (IWWTP) at Ras Tanura Refinery, reinforcing its strong presence in the Middle East.
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• Water

Saudi Electricity Company (SEC) signed an MoU with Hitachi Energy to adopt SF6-free electrical switches and ci ..Read More

Saudi Electricity Company (SEC) signed an MoU with Hitachi Energy to adopt SF6-free electrical switches and circuit breakers, reducing greenhouse gas emissions. The agreement, signed in Riyadh, aligns with Saudi Arabia’s clean energy transition, offering environmentally friendly alternatives for high- and medium-voltage equipment while maintaining performance and safety. This collaboration supports SEC’s efforts to develop sustainable infrastructure and minimize the environmental impact of energy systems.
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• Power

SWPC announced the financial close of the Al-Haer Independent Sewage Treatment Plant (ISTP) project in Riyadh, ..Read More

SWPC announced the financial close of the Al-Haer Independent Sewage Treatment Plant (ISTP) project in Riyadh, valued at SAR 1.8 billion. Developed by a Miahona, BESIX, and Marafiq consortium under the BOOT model, the 200,000 m³/day plant includes a 32 km transmission system, pumping station, and 200,000 m³ storage tanks. The project supports Saudi Arabia’s environmental goals, with commercial operations starting in Q4 2026 under a 25-year agreement.
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• Finance
• Water

Saudi Power Procurement Company (SPPC) has issued an RFP for Group 1 Battery Energy Storage Systems (BESS) wit ..Read More

Saudi Power Procurement Company (SPPC) has issued an RFP for Group 1 Battery Energy Storage Systems (BESS) with a combined capacity of 2,000 MW/8,000 MWh across four locations in Saudi Arabia. The bid submission deadline is June 2, 2025, and projects will follow a BOO model with 15-year Storage Services Agreements. This initiative supports Vision 2030, aiming for 50% renewable energy by 2030, with 10,100 MWac of solar and wind projects already tendered in KSA.
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• Power
• PPP