renewable energy

Saudi Arabia is set to add 5,500 megawatts of solar energy following the signing of three deals by its principal buyer, advancing its strategy to enhance renewable sources. The Saudi Power Procurement Co. finalized power purchase…
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“Drastic and coordinated actions” are needed to reduce the global reliance on fossil fuels, a climate think tank leader has warned after a new analysis showed oil and coal consumption are at record levels. Commenting on the latest…
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Saudi Arabia has garnered strong interest from British investors in its renewable energy sector and sustainable infrastructure, aligning with its Vision 2030 for green initiatives in environmental projects. This came at the UK-Saudi…
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The world’s largest renewable energy survey will take place in Saudi Arabia, it has been announced – with the installation of 1,200 measuring stations. The Kingdom’s Energy Minister Prince Abdulaziz Al-Saud inaugurated the Geographic…
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Significant investment is needed to unlock the potential 1,400 gigawatts of offshore wind energy in the Middle East and North Africa, an analysis has found. In its latest report, the Global Wind Energy Council said Saudi Arabia, Morocco,…
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Saudi Arabia has secured the third position among the Gulf nations in a global Energy Transition Index, according to the latest findings released by the World Economic Forum. The report, titled “Fostering Effective Energy Transition…
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The Middle East and North Africa region is registering the highest growth in the global renewable energy sector due to its relatively small current base and ambitious 2030 targets. In its latest report, the International Energy Agency…
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Saudi Arabia has achieved a world-record low levelized cost of electricity for solar photovoltaics, reaching $10.4 per megawatt-hour, according to a new report. A recent analysis by Norwegian business intelligence and research company…
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Saudi utility firm ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects. According to a report by the Malaysian National News Agency Bernama, ACWA Power will…
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In a bid to add impetus to the adoption of clean energy sources worldwide, Saudi utility firm ACWA Power has signed a deal with the International Renewable Energy Agency, said a press release issued on Thursday. The Saudi-listed firm…
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