saudi-arabia

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Masdar-led Consortium Selected to Develop 2 GW Solar Project in Saudi Arabia

The Saudi Power Procurement Company (SPPC) has selected a consortium of developers comprising Abu Dhabi Future Energy Company (Masdar), KEPCO, and GD Power Development...

November 19, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Saudi Arabia Invites Bids for 4.5 GW Renewable Energy Projects

The Saudi Power Procurement Company (SPPC), a government-owned entity under Saudi Arabia’s  Ministry of Energy, has released tender documents for the sixth round of the...

September 25, 2024

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Gautamee Hazarika

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Renewable Energy

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Tenders and Auctions
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Saudi Arabia Invites Bids for 3.7 GW of Solar Projects

The Saudi Power Procurement Company (SPCC), a government-owned entity under the Kingdom’s  Ministry of Energy, has issued a request for qualification (RFQ) for the fifth...

November 14, 2023

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Staff

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Solar

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Tenders & Auctions
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ACWA Finalizes $2.2 Billion Financing for Two Solar Projects in Saudi Arabia

Saudi Arabia-based energy company ACWA Power has signed financing agreements with a consortium of investors to develop Al Shuaibah 1 and Al Shuaibah 2 solar projects for...

July 18, 2023

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Arjun Joshi

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Finance and M&A

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Solar
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Saudi’s NEOM Reaches Financial Close of $8.4 Billion Green Hydrogen Facility

Saudi Arabia’s NEOM Green Hydrogen Company (NGHC) has announced the financial close of its green hydrogen production facility with an estimated value of $8.4 billion....

May 22, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Other Energy
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Saudi Sovereign Fund Subsidiary and ACWA to Develop 4.55 GW of Solar Projects

Saudi Arabia’s Public Investment Fund’s (PIF) subsidiary, The Water and Electricity Holding Company (Badeel), and ACWA Power, the country’s energy major, announced an...

May 22, 2023

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Satish Shetty

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Markets & Policy

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Solar
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Daily News Wrap-Up: NTPC’s BoS Tender for 1 GW Wind Projects in Gujarat

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has invited bids for the balance of system (BoS) package of interstate transmission system (ISTS)-connected...

January 24, 2023

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Mercom Staff

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Daily Wrap-up

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Other
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Jinko Commences Work on 300 MW Saad Solar Project in Saudi Arabia

Al Ghazala Energy Company, the Saudi Arabia-based subsidiary of Jinko Power Technology, a global independent solar power producer, has achieved financial close and...

January 23, 2023

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Arjun Joshi

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Other

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Renewable Energy
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ACWA Power to Invest $2.4 Billion for 1.5 GW Wind Projects in Uzbekistan

Saudi Arabia’s energy major ACWA Power said it will invest $2.4 billion to develop wind projects of 1.5 GW capacity in Uzbekistan. The company also signed power purchase...

December 28, 2022

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Gautamee Hazarika

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Finance and M&A

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Wind
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Daily News Wrap-Up: Vibrant Energy to Develop Wind-Solar Hybrid Projects for Amazon

Here are some noteworthy cleantech announcements of the day from around the world: Amazon announced a partnership with Vibrant Energy to develop two wind-solar hybrid...

December 2, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Daily News Wrap-Up: Ministry Launches Smart Grid Knowledge Centre to Support Innovation

Here are some noteworthy cleantech announcements of the day from around the world: Union Minister for Power (MoP), R.K. Singh, and Minister of State for Power, Krishan...

March 10, 2022

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Satish Shetty

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Other

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Renewable Energy
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Saudi Arabia Aims to Generate 15 TWh of Renewable Energy Annually by 2024

Saudi Arabia plans to generate 15.1 TWh of renewable energy annually by 2024 that will be sufficient to meet the power requirements of 692,557 households, said the...

January 6, 2022

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Harsh Shukla

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Other

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Renewable Energy
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Saudi Arabia Shortlists Bidders for its 1.2 GW Solar Tender

Saudi Arabia’s Ministry of Energy announced the list of bids received from developers to participate in the country’s third phase of renewable energy...

October 21, 2021

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Arjun Joshi

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Renewable Energy

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Masdar-led Consortium to Develop 300 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: The Masdar-led renewable energy consortium, with EDF Renewables and Nesma Company, has...

April 27, 2021

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Srinwanti Das

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Other

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Renewable Energy
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Saudi Arabia’s ACWA Power Secures $114 Million for the 200 MW Solar Project in Egypt

Saudi Arabia’s energy giant ACWA Power has received a $114 million financing package for the 200 MW Kom Ombo solar project in Egypt from four agencies. The European Bank...

April 22, 2021

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Staff

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Finance and M&A

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Solar

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