ACWA Power, Badeel, and SAPCO reach $3.2bn financial close on 3 solar
RIYADH: Saudi Arabia''s upcoming solar photovoltaic projects — Haden, Muwayh, and Al Khushaybi — have reached financial close, securing a total investment of $3.2 billion.
Off-Grid Solar Energy Powers Chalhoub Riyadh Hub
Chalhoub Group has partnered with Yellow Door Energy to power its fulfilment hub in Riyadh with off-grid solar energy. The agreement supports Chalhoub Group''s sustainability
Riyadh''s $8 Billion Solar Surge Leaves Oil Strategy Untouched
Saudi Arabia is accelerating its renewables push with $8.3 billion worth of new solar and wind projects totaling 15 GW, led by ACWA Power, Aramco Power, and state entities. The
EDF Power Solutions, SPIC HHDC and SAPCO consortium
“We are delighted to achieve financial close for the pioneering Al Masa''a and Al Henakiyah-2 projects with our key partners, EDF power solutions and Saudi Aramco Power
How investment in solar capacity is powering Saudi Arabia''s
With a goal of sourcing 50 percent of its electricity from renewable sources by 2030, the Kingdom is investing heavily in solar energy, capitalizing on its abundant sunlight.
Saudi Arabia to boost renewable energy with $8bn investment
A consortium led by Saudi utilities giant ACWA Power is to invest $8.3bn to build 15 gigawatts of solar and wind farms in the kingdom as it accelerates its push into renewables.
Rabigh 2 Solar Independent Power Project (IPP)
On December 3, 2024, AlJomaih Energy & Water and Total Energies Renewables signed the agreement for the Rabigh 2 Solar Independent Power Project (IPP) in Riyadh, Saudi Arabia.
Saudi Arabia to boost renewable energy with $8bn
A consortium led by Saudi utilities giant ACWA Power is to invest $8.3bn to build 15 gigawatts of solar and wind farms in the kingdom
Solar companies gather in Riyadh to advance Kingdom''s net zero
RIYADH: Solar power companies from around the world are gathering in Riyadh to cultivate new opportunities in Saudi Arabia''s path to net zero, during the Solar & Storage Live
Distributed PV systems in Saudi Arabia: Current status
It rigorously examines the cost-effectiveness of distributed solar power in Saudi Arabia, supported by a detailed power generation and economic analysis of grid-tied PV systems.
Saudi Arabia closes SAR 12B financing for 3 solar PV projects
ACWA Power, Water and Electricity Holding Company (Badeel), a wholly-owned subsidiary of the Public Investment Fund (PIF), and Saudi Aramco Power Co (SAPCO), a