In Short : Abunayyan Holding and U.S.-based Nextracker have formed a joint venture, Nextracker Arabia, in Riyadh to boost solar manufacturing and deployment in Saudi Arabia and the MENA region. The JV will focus on advanced solar trackers, taking over Nextracker’s local facility, and aims to support Saudi Vision 2030 by enhancing the solar supply […]
India Charts ₹40,000 Cr Undersea Power Link to Connect Grids with Saudi Arabia and UAE – EQ
In Short : India will invest ₹40,000 crore over five years to build undersea HVDC power transmission lines to Saudi Arabia and the UAE. Originating from Bhuj, Gujarat, the 2,000–2,500 MW links aim to boost cross-border energy trade and grid security. Part of the One Sun One World One Grid initiative, the project is expected […]
Saudi Arabia raises $2.36bn in euro bonds, including inaugural green tranche – EQ
In Short : Saudi Arabia raised €2.25 billion ($2.36 billion) through euro bonds, including its first green tranche. The issuance included a €1.5 billion green bond and a €750 million conventional bond, attracting €10 billion in orders. Proceeds will fund sustainability projects, aligning with Saudi Vision 2030 and reinforcing the Kingdom’s commitment to economic diversification […]
Saudi Arabia: Qualified bidders revealed for Kingdom’s 8 GWh first battery storage tender – EQ
Saudi Arabia: Qualified bidders revealed for Kingdom’s 8 GWh first battery storage tender For more information please see below link:
India, Saudi Arabia Exploring Collaboration in Fintech, Clean Hydrogen – EQ
In Short : India and Saudi Arabia are exploring collaboration in the fintech and clean hydrogen sectors. Both countries aim to enhance their economic ties and leverage each other’s strengths in technology and renewable energy. Discussions focus on developing innovative financial solutions and advancing clean hydrogen initiatives to support sustainability goals. This partnership reflects a […]
Desert Technologies Establish One of the Largest Solar Panel and Cell Factories in Saudi Arabia – EQ
With a total production capacity of 5GW – Riyadh, Saudi Arabia, Desert Technologies, a leader in renewable energy solutions and the one of the first Saudi company to manufacture and export solar panels, announced a partnership agreement with the Saudi Authority for Industrial Cities and Technology Zones, “Modon,” to establish an industrial complex in Jeddah’s […]
India, Saudi Arabia Sign MoU In The Fields Of Electrical Interconnections, Green And Clean Hydrogen And Supply Chains – EQ
In Short : India and Saudi Arabia have inked a memorandum of understanding (MoU) covering electrical interconnections, green and clean hydrogen, and supply chains, reflecting their commitment to cooperation in advancing sustainable energy initiatives and strengthening bilateral ties. In Detail : India and Saudi Arabia signed a Memorandum of Understanding, MoU in the fields of […]
RESEARCHERS UNVEIL SOLAR TECHNOLOGY USING A ‘MIRACLE MATERIAL’ THAT COULD REVOLUTIONIZE THE ENERGY SECTOR: ‘IT’S VERY EXCITING’-EQ
In short : Scientists reveal groundbreaking solar technology employing a ‘miracle material,’ promising to revolutionize the energy sector. The innovation is described as highly promising and could bring transformative changes to the renewable energy landscape. In Detail : Scientists across the globe are competing to engineer solar cells that most efficiently capture light to turn […]
Saudi Arabia invites developers for 3.7 GW of solar projects – EQ
Saudi Arabia is seeking to award four solar projects with a combined capacity of 3.7 GW as part of the fifth round of its National Renewable Energy Programme (NREP). The Saudi Power Procurement Company (SPPC) on Sunday opened the qualification process for companies interested in the development of the four solar schemes. The biggest project […]
The Saudis Are Finding Carbon-Friendly Ways To Power Industry – EQ
In Short : Saudi Arabia is taking proactive steps toward sustainable industrialization by adopting carbon-friendly methods to power its industries. The kingdom is investing in renewable energy sources, such as solar and wind power, to reduce carbon emissions. By transitioning to cleaner energy alternatives, Saudi Arabia aims to mitigate its environmental impact, contribute to global […]