Power
Riyadh Cement awards $22.6 million Electrical Grid Station Project
Riyadh Cement Co. announces that it has awarded a contract for an electrical grid station under the Liquid Fuel Displacement Program, to complete the electricity …
Power
Finance
Saudi Electricity Company Signs Up to $1 Billion Financing Agreement with Italian Export Credit Agency (SACE)
Saudi Electricity Company (SEC) has signed a landmark financing agreement with the Italian Export Credit Agency (SACE), with a total value of up to USD …
Power
Arabian Qudra and Saudi Water Authority Signs Agreement for floating Solar Power Plant
Arabian Qudra (AQ), a subsidiary of Abunayyan Holding Co.,Saudi Arabia announces that it has signed an agreement to establish the first floating solar power plant …
Power
ACWA Power and Bapco Energies to Develop 2.8GW Solar Power Project
ACWA Power and Bapco Energies announced a Joint Development Agreement (JDA) for the development of a solar power plant integrated with large scale battery energy …
Power
The Saudi Bahraini Investment Company and Mumtalakat Signs Agreement
The Saudi Bahraini Investment Company (SBIC), a PIF company, announced the signing of an agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund …
Power
GCC Interconnection Authority and EPRI Sign Strategic Cooperation Agreement
The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Electric Power Research Institute (EPRI) signed a strategic amendment to their framework agreement to enhance the …
Power
Kuwait awards O&M Contracts for 132/300/400 kV Substations
Ministry of Electricity & Water & Renewable Energy, Kuwait awards the Operation and Maintenance Contracts related to 132/300/400 kV Substations. The contracts was awarded to …
Power
Saudi-Egypt HVDC Interconnection Project Achieves Major Operational Milestones
Orascom Construction, in collaboration with Hitachi Energy, has announced significant progress on the region’s first large-scale intercontinental High Voltage Direct Current (HVDC) link connecting Egypt …
Power
ALHANI Construction & Trading Reports Major Progress on Aramco Stadium in Khobar
ALHANI Construction & Trading, Saudi Arabia announces substantial progress on the landmark Aramco Stadium project in Khobar, one of Saudi Arabia’s most anticipated sporting destinations. …
Power
SEC, GE Vernova and Bpifrance Sign Tripartite MoU to Mobilize $3 Billion in Financing for Energy Projects
GE Vernova announces the signing of a tripartite Memorandum of Understanding (MoU) with the Saudi Electricity Company (SEC) and Bpifrance Assurance Export. The agreement establishes …