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Acwa Power eyes USD 6-10 bn in investment in China next year
The company invested USD 2 bn during its first year of operations in China
MISA + GlassPoint begin rolling out test pilot for Ma’aden I solar plant
The pilot phase will provide 1% of the steam required to power a nearby Ma’aden aluminum plant
SPPC shortlists bidders for solar + wind energy projects
This round will add a combined capacity of 4.5 GW to the national renewable energy portfolio
Aramco + Sinopec begin construction on Fujian refinery
The refining hub is expected to produce 5 mn tons of petrochem feedstock a year
COP29 negotiators want to grow climate financing 10x to USD 1 tn annually
Saudi Arabia is pushing back against efforts to phase out fossil fuels
Alfanar, SEC ink SAR 20 bn contracts for power infrastructure projects
The companies will partner to develop the Middle East’s largest HVDC project
Acwa Power secures funding for Azerbaijan wind farm
The renewables player is “on track” to secure SAR 30 bn in financing for projects
Hyundai E&C lands USD 725 mn Saudi transmission line contract
The project is scheduled for completion by January 2027
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