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Saudi Arabia Targets Tuwaiq with $760 Bn Projects

Saudi Water and Electricity Regulatory Authority approves framework for self-consumption renewable energy systems

RIYADH: The Saudi Water and Electricity Regulatory Authority has introduced a regulatory framework for renewable energy systems for self-consumption. This is a reflection of the energy sector's efforts to develop regulations that align with and pave the way for the Kingdom's Vision 2030 strategies and goals for the use of renewable energy. Within an overarching vision striving

ACWA Power to save 9 5m tons of carbon yearly, chairman reveals

RIYADH: Saudi ACWA Power intends to save up to 9.5 million tons of carbon per year by 2025, the company’s Chairman Mohammed Abunayyan revealed during the UN Climate Change Conference, or COP 27, taking place in Sharm El-Sheikh in Egypt. In doing so, the Saudi-based developer, co-owner and operator of a portfolio of power generation and desalinated water production plants will

LIVE: Future Investment Initiative – Day Three

DUBAI: The Future Investment Initiative (FII) in Riyadh draws to a close packed with sessions for the more than 6,000 attendees in the annual event. Plenary sessions including: “Transforming Banking and Investment for the Resilient Economy;” “Investing For Global Impact”; “VC: Economic Rocket Launchers”; “China Is Back”; and “Modernizing Mining” are lined with speakers from

Saudi Arabia to become world s biggest green energy producer: ACWA Power chair

RIYADH: Saudi Arabia is set to become the world’s biggest green energy producer, according to the chairman of ACWA Power. Speaking during a plenary at day two of the Future Investment Initiative, Mohammed Abunayyan said not only will the Kingdom be able to export green hydrogen to the rest of the world, it will also localize the whole value chain in the hopes of creating a

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