Senior Saudi official: Saudi Arabia and India are a strategic fit for business and economy RIYADH : Saudi Arabia and India have signed a bilateral agreement to bolster the investment climate in both countries, said a senior minister at an ongoing investment meet in New Delhi. Speaking at the India-Saudi Investment Forum in New Delhi, […]
Saudi Arabia, France sign MoU to strengthen energy cooperation – EQ Mag
Cooperation will advance hydrogen and electricity produced from renewable technology deployment from production, transportation and conversion at demand centers The two countries aill also focus on enhancing energy efficiency and cooperation on nuclear energy in a peaceful and safe framework RIYADH : Saudi Energy Minister Prince Abdulaziz bin Salman and his French counterpart, Agnes Pannier-Runacher, […]
Saudi Arabia signs $5.6 billion deal with Chinese EV company Human Horizons – EQ Mag
DUBAI : Saudi Arabia’s Ministry of Investment has signed a $5.6 billion deal with Chinese electric car maker Human Horizons to collaborate on the development, manufacture and sale of vehicles, the Saudi state news agency said in a statement. The agreement accounts for more than half of the more than $10 billion in investments signed […]
Saudi Arabia Will Have Hydrogen Buses Running In 2024 – EQ Mag
Saudi Arabia will begin producing hydrogen fuel next year for buses and trucks, the CEO of Neom Green Hydrogen Company said on Tuesday. Hydrogen production for buses and trucks will begin mid-2024, CEO Dave Edmondson said. NEOM Green Hydrogen Company—an equal joint venture by ACWA Power, Air Products, and NEOM—said earlier this month that it […]
There won’t be a Saudi Arabia of the green hydrogen age – EQ Mag
It can be made almost anywhere, so a worldwide trade in the net-zero era will never rival the oil industry. If you want a symbol of how energy is a global industry as fundamental as the trades in metals or government bonds, one image has held sway for decades: The monumental black-and-red hull of a […]
Sineng Electric Signed the Contract with Larsen & Toubro to Power a 700 MW PV Project in Saudi Arabia
Riyadh, Saudi Arabia, May 5, 2023— Sineng Electric, the global leading inverter solution supplier, signed a contract with Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, hi-tech manufacturing and services. The contract aims to supply Sineng ’s 1500 V 6.25 MW Turnkey Stations to power the 700 MW Ar Rass solar photovoltaic […]
PIF subsidiary Badeel and ACWA Power to develop the MENA region’s largest solar energy plant in Saudi Arabia – EQ Mag
The 2,060 MW solar PV IPP set to be developed in Makkah province, western Saudi Arabia A joint company was established under the name of “Shuaibah Two Electrical Energy Company” to develop the project The project is expected to be completed by Q4 2025 The project marks an important milestone for NREP that was initiated […]
LONGi will supply 1292 MW of PV modules to L&T in Saudi Arabia – EQ Mag
Dubai, UAE : LONGi Solar Technology Co., Ltd. (LONGi) signed today an agreement with Larsen & Toubro (L&T) to deliver 1292 MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi support the PV sector in Saudi Arabia The signing ceremony took place in Dubai on Tuesday 15thof November with the […]
LONGi delivered 406MW of its solar panels Hi-MO 5 for the Red Sea project in Saudi Arabia – EQ Mag
Riyadh, Saudi Arabia : LONGi Solar Technology Co., Ltd. (LONGi) announced today thatthe deliverycompletion of406MW of its bifacial PV panelsHi-MO 5, for the Solar plant developed by PowerChina SEPCOIII for Saudi Arabia’s Red Sea Solar PV Project. LONGi hosted today a ceremony to celebrate the successful delivery where LONGi confirmed that the production process is […]
Saudi Arabia to start making EVs to help break away from oil’s economic dominance
Saudi Arabia is roll out a line of electric vehicles in 2025 in partnership with BMW and Taiwan’s Foxconn, saying it hopes to “ignite a new domestic industry and ecosystem” that attracts local and international investors as it seeks to cut economic dependence on fossil fuels. It is the second move by Saudi Arabia into […]
