saudi arabia

Solar wafer producer NexWafe has secured a €30 million (US$32 million) investment to accelerate the construction of its first commercial-scale wafer plant in Bitterfeld, Germany.

Jonathan Touriño Jacobo explores the challenges and opportunities for the region’s burgeoning green hydrogen sector.

NEOM Green Hydrogen Company (NGHC), a joint venture between renewables developer ACWA Power, gas company Air Products and the futuristic city project NEOM, has reached financial close on a Saudi green hydrogen plant with US$8.4 billion.

Sungrow has signed an agreement to supply 2.1GW worth of inverters to the Al Shuaibah PV project in Saudi Arabia, which will be the largest solar farm in the world once it reaches operations.

ACWA Power has signed an agreement with Badeel – the water and electric holding company of the Saudi Arabian Public Investment Fund (PIF) – to develop 4.5GW of solar PV projects in Saudi Arabia. The projects will represent an investment of SAR12.2 billion (US$3.3 billion).

Located in Jeddah City, the ASB project is said to be the biggest solar plant in construction in the Middle East region.

Solar developer Jinko Power has reached financial close and started construction on a 300MW PV project in Saudi Arabia.

Saudi Arabian energy developer ACWA Power and Badeel, a subsidiary of the Saudi Public Investment Fund (PIF) will partner to develop a 2,060MW solar PV project in the country's Makkah province.

Solar tracker manufacturer PV Hardware (PVH) has opened an 8GW factory in Jeddah, Saudi Arabia. The facility will produce trackers and structures for solar projects in the Middle East and further afield.

ACWA Power posted strong H1 2022 results as it continues to divert its portfolio to renewables and low-carbon technologies.