TAQA and JERA Announce Financial Closing of $X Billion Najim Cogeneration Plant in Jubail, Saudi Arabia; New F ..Read More

TAQA and JERA Announce Financial Closing of $X Billion Najim Cogeneration Plant in Jubail, Saudi Arabia; New Facility to Supply 475 MW Power and 452 TPH Steam Using Advanced J-Class Gas Turbine Technology. Project Includes 25-Year Build, Own, Operate Agreement with Potential 5-Year Extension, and Will Support SATORP’s Strategic Expansion with State-of-the-Art Efficiency and Sustainability Features, Including Future Carbon Capture and Hydrogen Cofiring Capabilities
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• Power

ACWA Power Hosts Groundbreaking Ceremony for $260M Beruniy Wind IPP Project in Uzbekistan; 200 MW Wind Plant a ..Read More

ACWA Power Hosts Groundbreaking Ceremony for $260M Beruniy Wind IPP Project in Uzbekistan; 200 MW Wind Plant and 100 MW Battery Storage System to Generate 800 Million kWh Annually, Save 212 Million m³ of Gas, and Cut CO2 Emissions by 336,000 Tons. Partnership with NEGU Supports Uzbekistan’s Green Energy Goals and Investment Surge, with Completion Expected by Q4 2026
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• Power

ACWA Power Announces Commercial Operation for 700 MW Ar Rass Solar Plant in Saudi Arabia; Largest PV Project U ..Read More

ACWA Power Announces Commercial Operation for 700 MW Ar Rass Solar Plant in Saudi Arabia; Largest PV Project Under National Renewable Energy Programme, Valued at $450M, Powers 132,000 Homes. ACWA Power Holds 40.1% Stake, with Badeel and State Power Investment Corporation as Key Partners. Project Supports Saudi Arabia’s Goal to Produce 15,000 MW of Clean Energy by 2023 and Contributes to the Kingdom’s Renewable Energy Targets.
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• Power

Saudi Power Transformers Secures $74.9M Contract with Hyundai Engineering for Jafurah Gas Plant Expansion; 15- ..Read More

Saudi Power Transformers Secures $74.9M Contract with Hyundai Engineering for Jafurah Gas Plant Expansion; 15-Month Deal Covers Design, Manufacturing, and Supply of Power Transformers. Electrical Industries Co. Subsidiary to Deliver Transformers as Part of SAR 281 Million Agreement, Supporting the Kingdom's Major Gas Infrastructure Expansion. The Contract Marks a Significant Step in Enhancing Saudi Arabia’s Energy Sector and Industrial Growth
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• Power

China Energy Engineering Signs $972 Million Contract for 2 GW Haden Solar PV Project in Saudi Arabia, in Partn ..Read More

China Energy Engineering Signs $972 Million Contract for 2 GW Haden Solar PV Project in Saudi Arabia, in Partnership with Buraiq Renewable Energy, Saudi Power International, Public Investment Fund, and Saudi Aramco
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• Power

ACWA Power Signs PPA with PLN for 60MW Saguling Floating Solar PV Project in Indonesia, Holds 49% Stake in $10 ..Read More

ACWA Power Signs PPA with PLN for 60MW Saguling Floating Solar PV Project in Indonesia, Holds 49% Stake in $105M Renewable Energy Initiative; Expands Green Investment with Ongoing Hydrogen Collaboration. The Saguling Project Will Power Over 50,000 Homes Annually, Reducing 75,000 Tons of CO2 Emissions, and Generating 90,000 MWh of Clean Energy Each Year. ACWA Power's Strategic Investments Align with Indonesia’s 2060 Net-Zero Goals and Strengthen the Nation’s Renewable Energy Portfolio
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• Power

The Jubail-Buraydah Independent Water Transmission Pipeline (IWTP) project will span 587 km, delivering 650,00 ..Read More

The Jubail-Buraydah Independent Water Transmission Pipeline (IWTP) project will span 587 km, delivering 650,000 m³ of water per day. Bids were submitted by consortia including Aljomaih Energy & Water, Nesma, Buhur for Investment, and Vision International Investment with TAQA.
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• PPP
• Water

Under the agreement, Assystem Radicon will conduct technical IPP pre-development studies for renewable energy ..Read More

Under the agreement, Assystem Radicon will conduct technical IPP pre-development studies for renewable energy parks, while also managing and supervising the Taiba and Qassim power plant gas pipeline project to meet Saudi Aramco standards. The initiative follows the Ministry of Energy's launch of the Geographic Survey Project in June 2024, which will install 1,200 solar and wind energy measuring stations across Saudi Arabia.
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• Power