{"id":78075,"date":"2023-06-19T01:04:22","date_gmt":"2023-06-19T01:04:22","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/06\/19\/acwa-power-and-huawei-partner-on-renewables-rd-program-petrojet-and-huawei-digital-power-team-up-on-oil-and-gas-decarbonization-and-a-new-chinese-ev-is-hitting-ksas-streets\/"},"modified":"2023-06-19T01:04:22","modified_gmt":"2023-06-19T01:04:22","slug":"acwa-power-and-huawei-partner-on-renewables-rd-program-petrojet-and-huawei-digital-power-team-up-on-oil-and-gas-decarbonization-and-a-new-chinese-ev-is-hitting-ksas-streets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/06\/19\/acwa-power-and-huawei-partner-on-renewables-rd-program-petrojet-and-huawei-digital-power-team-up-on-oil-and-gas-decarbonization-and-a-new-chinese-ev-is-hitting-ksas-streets\/","title":{"rendered":"Acwa Power and Huawei partner on renewables R&#038;D program, Petrojet and Huawei Digital Power team up on oil and gas decarbonization, and a new Chinese EV is hitting KSA\u2019s streets"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Acwa Power and Huawei partner on renewables R&D program:<\/strong> KSA\u2019s Acwa Power has inked an MoU with China\u2019s Huawei Digital Power to develop a joint research and development (R&D) program that aims to localize photovoltaic string production tech in Saudi Arabia, according to a <a href=\"https:\/\/www.acwapower.com\/news\/acwa-power-and-huawei-to-spur-innovation-in-local-renewable-energy-and-storage-development\/\">statement<\/a> released on Friday. The program will work on maximizing the efficiency of Acwa Power\u2019s solar panels to push down installation and maintenance costs associated with solar projects while reducing balance of system costs. The agreement may also see the two sides partner on the deployment of microgrid power systems to optimize energy performance, load balancing, and grid stability, which will in turn accelerate the transition to renewables and help KSA move away from fossil fuels, the statement notes.<\/p>\n<p><strong>Egyptian contractor <\/strong><strong><a href=\"https:\/\/www.petrojet.com.eg\/\">Petrojet<\/a><\/strong> <strong>and <\/strong><strong><a href=\"https:\/\/digitalpower.huawei.com\/en\/\">Huawei Digital Power<\/a><\/strong><strong> signed an MoU to increase <\/strong><strong>collaboration in projects aimed at reducing emissions in the petroleum field<\/strong>, according to a <a href=\"https:\/\/www.petrojet.com.eg\/news-details\/15094?lang=en\">statement<\/a> released on Friday. The agreement aims to have Huawei use its newest technologies in solar energy storage and green data centers to improve energy efficiency and decrease dependence on diesel. Some technologies will be used in operating machines and controlling systems in oil and gas facilities and their pipelines.<\/p>\n<p><strong>Omoda and Jaecoo \u2014 a subsidiary of China\u2019s Cherry Group \u2014 will launch its first <\/strong><strong>electric car \u2014 the Omoda 5 EV \u2014 in Saudi Arabia\u2019s markets in 4Q 2023<\/strong>, <a href=\"https:\/\/www.alwatan.com.sa\/article\/1128475\">Al Watan<\/a> reported on Thursday. The sales will be managed by the company\u2019s international office in Riyadh \u2014 expected to launch in the <a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/omoda-and-jaecoo-is-set-to-launch-in-ksa-this-year-fjiswgoc\">next quarter<\/a> \u2014 marking a different approach than other car manufacturing companies that rely on major distributors to carry out sales in the Saudi Arabian market. The Omoda 5 EV is a two-door, four-seater EV with a 61kWh battery offering a range of 450 km with over 204 horsepower and a fast charge time of 35 minutes.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>UAE<\/strong> waste management company <strong>Beeah Group<\/strong> has signed an <strong>MoU<\/strong> with sustainable cleaning technology company <strong><a href=\"https:\/\/www.kaercher.com\/ae\/\">Karcher Middle East<\/a><\/strong> to supply the Group with <strong>equipment<\/strong> for <strong>enhancing its waste management operations<\/strong>. (<a href=\"https:\/\/wam.ae\/en\/details\/1395303169069\">Wam<\/a>)<\/li>\n<li><strong>BMW<\/strong> became the <strong>first client<\/strong> to purchase<strong> Emirates Global Aluminium\u2019s<\/strong> <strong>CelestiAL-R<\/strong> <strong>aluminum blend<\/strong> \u2014 aluminum produced using <strong>solar energy<\/strong> while integrating scrap metals in its process. (<a href=\"https:\/\/www.linkedin.com\/posts\/emirates-aluminium_today-we-announced-that-bmw-group-is-the-activity-7075032879692476421-PTzf?utm_source=share&utm_medium=member_desktop\">Statement<\/a>)<\/li>\n<li><strong>Qatar<\/strong> and <strong>South Korea<\/strong> have committed to push for four MoUs to boost cooperation on <strong>smart grids<\/strong>, <strong>power generation<\/strong>, and marine transport during the <strong>Qatari-Korean Investment Forum<\/strong> in Seoul. (<a href=\"https:\/\/en.yna.co.kr\/view\/AEN20230615005651320\">Yonhap News Agency<\/a>)<\/li>\n<li><strong>Al Futtaim Auto & Machinery Company<\/strong> <a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/314b6691-0450-408b-a26b-ecf55b9b86e8\">has launched<\/a> the region\u2019s first-ever heavy-duty <strong>electric<\/strong> truck. (<a href=\"https:\/\/www.zawya.com\/en\/press-release\/companies-news\/famco-launches-the-first-ever-heavy-duty-electric-truck-range-in-the-middle-east-by-volvo-qwqhzjdq\">Statement<\/a>)<\/li>\n<li><strong>KSA-based Al Fanar Construction <\/strong>is earmarking <strong>SAR 10 bn (USD 2.67 bn) <\/strong>to build and operate <strong>five temporary housing complexes<\/strong> in <strong>Neom<\/strong>. The project will include<strong> solar power<\/strong>, <strong>wastewater treatment<\/strong>, and <strong>computerized waste management facilities<\/strong> to ensure the complex\u2019s sustainability. (<a href=\"https:\/\/www.okaz.com.sa\/economy\/na\/2136361\">Al Okaz<\/a>) <\/li>\n<li><strong>UAE-based<\/strong> <strong><a href=\"http:\/\/www.magnusgreensolar.com\/\">Magnus Green Solar<\/a><\/strong> partnered with <strong>India\u2019s Cliantech Solutions<\/strong> to set up a <strong>fully automated solar module manufacturing line<\/strong> with an initial <strong>annual capacity<\/strong> of <strong>600 MW<\/strong>, to later be expanded to <strong>1.2 GW <\/strong>over two phases. The production line will be the first of its kind in the region. (<a href=\"https:\/\/solarquarter.com\/2023\/06\/15\/cliantech-solutions-to-build-state-of-the-art-solar-manufacturing-facility-in-uae\/\">Solar Quarter<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Acwa Power and Huawei partner on renewables R&#038;D program: KSA\u2019s Acwa Power has inked an MoU with China\u2019s Huawei Digital Power to develop a joint research and development (R&#038;D) program that aims to localize photovoltaic string production tech in Saudi Arabia, according to a statement released on Friday. The program will work on maximizing the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":78076,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[67],"tags":[184,66,74,40,11,64,88,159],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-78075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-acwa-power","tag-also-on-our-radar","tag-decarbonization","tag-egypt","tag-enterpriseclimate","tag-evs","tag-renewables","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"28c3f6f6-aff0-4907-bca5-5358fe838f01","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/6\/1403.jpg","photo_position":"above","related_issue":[78053],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Acwa Power and Huawei partner on renewables R&amp;D program, Petrojet and Huawei Digital Power team up on oil and gas decarbonization, and a new Chinese EV is hitting KSA\u2019s streets - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/06\/19\/acwa-power-and-huawei-partner-on-renewables-rd-program-petrojet-and-huawei-digital-power-team-up-on-oil-and-gas-decarbonization-and-a-new-chinese-ev-is-hitting-ksas-streets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acwa Power and Huawei partner on renewables R&amp;D program, Petrojet and Huawei Digital Power team up on oil and gas decarbonization, and a new Chinese EV is hitting KSA\u2019s streets\" \/>\n<meta property=\"og:description\" content=\"Acwa Power and Huawei partner on renewables R&amp;D program: KSA\u2019s Acwa Power has inked an MoU with China\u2019s Huawei Digital Power to develop a joint research and development (R&amp;D) program that aims to localize photovoltaic string production tech in Saudi Arabia, according to a statement released on Friday. 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