PowerChina awarded contract for 500 MW wind project in Northern Borders Province
The contract was awarded by a consortium led by Marubeni and Aljan & Bros
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The contract was awarded by a consortium led by Marubeni and Aljan & Bros
Six new renewable energy projects with a total capacity of 6.7 GW have been tendered since the start of 2024
This project has now achieved full commercial operations with total capacity of 900 MW
The agreement includes an anchor commitment to the climate vehicle’s new Transition Infrastructure fund
The company also secured SAR 10.1 bn in syndicated loans
The project’s initial phase will focus on Socar’s carbamide fertilizer facility
Saudi renewables giant Acwa Power has poured some USD 7.5 bn into renewable energy projects in Uzbekistan to date
Saudi Arabia is working to raise the mining sector’s share of GDP to USD 75 bn by 2035
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