February 5, 2026
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Power

ACWA Power led consortium signed $906.6m Sudair Solar PV Project

April 9, 2021 Mohammad S
The Public Investment Fund (PIF), Saudi Arabia announced in a statement regarding the signing a power purchase agreement (PPA) of Sudair Solar PV Plant, with …
Solar PV Image
Power

Saudi Arabia signed Power Purchase Agreement for 2,970MW Solar PV Projects

April 8, 2021 Mohammad S
Saudi Arabia announces the Signing of Power Purchase Agreement (PPA) for seven Solar PV Projects of total capacity 2,970MW. The projects are located in Al …
Power

Altaaqa and AFC Energy To Develop Hydrogen Power Generation in KSA

April 8, 2021 Mohammad S
Saudi Arabia’s Altaaqa announced in a statement that it has signed a Memorandum of Understanding (MoU) with AFC Energy, UK to develop zero-emission, hydrogen power …
Finance

Cranmore appointed as Financial Consultant for 7GW Taiba and Qassim IPP

April 7, 2021 Mohammad S
Cranmore Partners, UAE appointed as Financial Consultant for Saudi Electricity Company (SEC)’s  two large gas-fired independent power producer (IPP) projects, which will be located in …
Power

NCC awarded $89million 380kV OHTL and Substation Project

April 5, 2021 Mohammad S
Saudi Electricity Company (SEC) awarded the project for construction of 380kV Double Circuit Overhead Transmission Line (OHTL) between Wadi Dawaser and Layla Project. The Project …
Power

Kuwait awarded contract of $15.5 million for 300kV Cables Project

April 4, 2021 Mohammad S
Ministry of Electricity and Water (MEW), Kuwait awarded the project “Supply and Installation of 300kV Underground Cables to connect the FRRD’W’ and SDIQ’W’ substations”. The …
Power

SEC invites bid for New Diriyah Gate 380/132/13.8kV Substation

April 1, 2021 Mohammad S
Saudi Electricity Company (SEC) invites the bid for construction of New Diriyah Gate 380/132/13.8kV Substation (9082). The Project location is in Riyadh. Project involves the …
Finance

Marubeni signed financing deal of $235m for Rabigh Solar PV Plant

March 31, 2021 Mohammad S
The Japan Bank for International Cooperation (JBIC) announced in a statement that it has signed a financing agreement for the Rabigh Solar PV Plant of …
Power

Siemens awarded long term service contract from Saudi Aramco

March 31, 2021 Mohammad S
Siemens Energy announced in a statement that it has signed its first long term service agreement (LTSA) with Saudi Aramco. The LTSA will cover a …
Power

Consortium signed financing deal of $900m for waste-to-energy facility in Dubai

March 29, 2021 Mohammad S
Dubai Municipality in partners with the international consortium announces the singing of financing deal for world’s largest waste-to-energy plant to be built in a single …

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Construction

Contractor appointed for Majid Al Futtaim’s Tilal Al Ghaf

February 20, 2021
Majid Al Futtaim awarded construction contract of Phases 1, 2 and 3 Elan neighbourhood at Tilal Al Ghaf, the landmark lifestyle destination. The Project has …
Petrochemical

SABIC, ARAMCO, Sinopec Signed MOU for Yanbu Petrochemical Complex

December 18, 2022
Saudi Basic Industries Corporation (SABIC) announces that it has signed a Memorandum of Understanding (MOU) with Saudi Arabian Oil Company (Saudi Aramco) and China Petroleum …
Power

SEC, ACWA Power Consortium Wins $3.9 billion IPP Projects

October 25, 2023
Saudi Electricity Company (SEC) and ACWA Power Co. Consortium announces the receipt of Conditional award notification from the Saudi Power Procurement Company (SPPC) for Taiba …
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