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Another 2 GW solar plant on the way for Saudi
The plant will be built under a JV between a China Energy Engineering consortium and Saudi sovereign wealth fund the…
Sabic partners with the Fujian Government for a thermoplastics plant
Stories on our radar this morning from around the region
PIF puts down an extra USD 1.5 bn for Lucid Motors
The funds are split into a stock purchase and a delayed draw term loan
TODAY: Lucid gets a lifeline | EBRD funds Aeolus, Scatec solar farms
What we’re tracking this morning regionally and around the world
Acwa Power’s 2Q 2024 bottom line increased 52% y-o-y
The company attributed bottom line gains from divestments and higher margins from its subsidiaries
JinkoSolar’s USD 1 bn Saudi solar cell factory will go live in 2026
The facility will produce 10 GW worth of solar cells and modules annually
TODAY: Tunisia ? Green hydrogen + Ewec reviews four bids for SWRO desalination project
What we’re tracking this morning regionally and around the world
Sabic Agri-Nutrients’ net income up 8% y-o-y in 2Q 2024
The company’s revenues rose 2% y-o-y
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