TAG: "Saudi Arabia"

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TrinaTracker Establishes 3 GW Solar Tracker Manufacturing Plant in Saudi Arabia

TrinaTracker's manufacturing factory is part of a land-lease agreement with the Saudi Authority for Industrial Cities and Technology Zones (MODON).

Saudi Arabia | February 19, 2025 | By Abha Rustagi | 515

Hyundai E&C Wins USD 389 Million Saudi Transmission Line Project

Hyundai Engineering & Construction secured two contracts worth USD 389 million to build 491 km of transmission lines in Saudi Arabia, connecting solar plants to the national grid and supporting the country's Vision 2030 renewable energy goals.

Saudi Arabia | February 17, 2025 | By EI News Network | 563

India's Natural Gas Demand Projected to Surge 60 Percent by 2030, Says IEA Report

An IEA report at India Energy Week 2025 projects India's natural gas consumption to surge 60 percent by 2030. Driven by infrastructure expansion and policy support, city gas distribution and heavy industries will lead demand growth, making India a major global gas player.

Saudi Arabia | February 13, 2025 | By EI News Network | 432

ACWA Power and SEFE Collaborate on Green Hydrogen Export Project

Saudi Arabia and Germany signed an MoU between ACWA Power and SEFE to export 200,000 tons of green hydrogen annually by 2030. The partnership aims to enhance Saudi Arabia's position in green hydrogen production and strengthen energy ties.

Saudi Arabia | February 04, 2025 | By EI News Network | 540

ACWA Power Enters China’s Green Energy Market with Strategic Partnerships

ACWA Power enters China’s renewable energy market with USD 312 million investments, partnering with Sungrow Renewables and Mingyang Smart Energy to develop solar and wind projects. These strategic collaborations aim to drive sustainability and expand ACWA Power’s global renewable energy footprint.

Saudi Arabia | January 15, 2025 | By EI News Network | 702

INA Solar Explores Saudi Expansion as Top Officials Visit Advanced Manufacturing Facility

During the visit, extensive discussions were held regarding the establishment of a solar panel manufacturing facility by INA Solar in Saudi Arabia.

Saudi Arabia | December 12, 2024 | By Abha Rustagi | 850

Saudi Arabia to Partner with EU on Green Energy and Clean Technology

The Saudi Arabia and EU are exploring a strategic partnership through an MoU focused on renewable energy, clean technology, and carbon capture, aiming to drive sustainable investments and strengthen global energy transition efforts.

Saudi Arabia | December 02, 2024 | By EI News Network | 1512

ACWA Power Partners with Itochu for Global Renewable Energy Projects

Saudi Arabia’s ACWA Power and Japan’s Itochu Corporation have signed an MoU at COP29 to collaborate on renewable energy and environmental infrastructure, focusing on green hydrogen and water desalination to accelerate global energy transition and sustainability goals.

Saudi Arabia | November 22, 2024 | By EI News Network | 1089

ACWA Power Reports Strong Financial Results

ACWA Power reported a 16 percent rise in net profit for the nine months ending September 30, 2024, driven by increased operating income and significant project mobilisation. The company expanded its global portfolio with new agreements in Uzbekistan, Saudi Arabia, and the UAE, further solidifying its role in the energy and water sectors.

Saudi Arabia | November 08, 2024 | By EI News Network | 816

Saudi Arabia Launches 8 GWh Battery Storage Tender to Boost Renewable Energy

Saudi Arabia initiates a 2,000 MW/8,000 MWh battery storage tender with four projects under the build-own-operate model, aiming to enhance grid flexibility and support its Vision 2030 goal of a 50 percent renewable energy share.

Saudi Arabia | November 06, 2024 | By EI News Network | 1279