Envision Energy, a global leader in green technology, entered a seven-year Framework Agreement with ACWA Power, a private water desalination company. Under this collaboration, the company is in the energy transition and a first mover into green hydrogen. Under the agreement, Envision Energy partners with ACWA Power’s upcoming projects in Saudi Arabia, Uzbekistan, and the Central and Eastern Asian regions. The partnership establishes a comprehensive framework to accelerate renewable energy development across Saudi Arabia, Uzbekistan, China, and other strategic markets through wind turbine supply, technological cooperation, and operational maintenance. This collaboration will drive innovation in wind turbine performance, enhancing efficiency,…
Author: Chitrika
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has been awarded two solar photovoltaic (PV) projects, with a combined capacity of 2 gigawatts (GW), under the sixth round of bidding in the Kingdom of Saudi Arabia’s National Renewable Energy Program (NREP). The Independent Power Producer (IPP) projects, for the 1,400-megawatt (MW) Najran plant and the 600MW Ad Darb facility, will be developed on a build, own, and operate (BOO) basis, with a 25-year power purchase agreement (PPA) signed with the Saudi Power Procurement Company (SPPC). The Ad Darb plant, which will be located in Jizan…
The Saudi Power Procurement Company (SPPC) has awarded a 400 MW solar project in As Sufun, Saudi Arabia, to a consortium of TotalEnergies and Aljomaih Energy & Water (AEW). The partners will develop, build, and operate the plant and sell the generated electricity to SPPC under a 25-year power purchase agreement (PPA). The project is expected to be connected to the grid in 2027 and will supply power to more than 68,400 homes. The As Sufun project is part of Round 6 of the National Renewable Energy Program (NREP) overseen by the Ministry of Energy, aiming to reduce reliance on…
Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, has witnessed the groundbreaking of the world’s largest combined solar power and battery storage project, capable of delivering 1 gigawatt (GW) of baseload renewable energy around the clock. Reimagining the potential of renewable energy In line with the vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, this world-first project, developed by Abu Dhabi Future Energy Company PJSC – Masdar and Emirates Water and Electricity Company (EWEC), reimagines the potential of renewable energy…
Abunayyan Holding and Nextracker have signed an agreement to form Nextracker Arabia, a new joint venture to accelerate solar adoption across the Kingdom and the Middle East and North Africa (MENA) region. Headquartered in Riyadh, Nextracker Arabia will combine Abunayyan’s 75 years of leadership in water and energy infrastructure in Saudi Arabia and the MENA region. Whereas, the US-based Nextracker’s a global market share leadership in solar power plant technologies, advanced solar trackers, and yield management and control systems. Nextracker Arabia will build on the unique experience and expertise in clean energy and solar innovation that these two organizations bring…
At Solar & Storage Live KSA, Trina Storage officially unveiled its next-generation 6.25 MWh energy storage platform, Elementa 3. With higher energy density, enhanced safety, and improved cost efficiency. The Elementa 3 offers higher capacity, greater efficiency, and enhanced safety. The Elementa 3 features 587 Ah cells, increasing single-cabinet capacity to 6.25 MWh, with module energy density improved by 12.3%. Its compact design raises the site-level energy density by 24.7%, significantly reducing the levelized cost of storage (LCOS). Safety has been strengthened across all levels: optimized cell materials, module-level liquid cooling system, and an advanced cabinet structure provide 2-hour full-cabinet…
The Power Transmission & Distribution (PT&D) vertical of Larsen & Toubro has won grid infrastructure orders in the Middle East. The 400kV super grid interconnection linking the electricity networks of GCC member states has helped in efficient utilisation of generation capacity and has improved the overall grid resilience. Currently, the network of the Sultanate of Oman is connected to this interconnection through the UAE’s grid at 220kV. Now, a direct interconnection is being established at the 400 kV level for which a 400 kV Substation in the UAE is crucial. L&T PT&D has won an order to engineer, procure, and…
Abu Dhabi – First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has successfully issued its second Blue Bond, a USD 20 million 3-year Blue Bond. This comes shortly after FAB’s inaugural Blue Bond in August 2025, underscoring the strong momentum behind its commitment to financing ocean and water-related projects that support climate resilience and environmental sustainability.Blue Bonds remain a nascent and impactful instrument globally, designed to promote investment in initiatives aiming to conserve marine resources, protect coastlines, and enhance blue carbon ecosystems. FAB’s successive issuance reflects its growing ambition…
EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing, supply, and system dispatch services of water and electricity across the UAE, awarded its new 1.5 gigawatt (GW) (AC) Khazna Solar Photovoltaic (PV) Independent Power Project. The development of the utility-scale solar power plant was awarded to ENGIE, a global leader in low-carbon energy solutions, and Masdar, a global clean energy leader, as the local shareholder. Following the award, the project’s Power Purchase Agreement (PPA) was signed between EWEC and the two companies. Khazna Solar PV is part of EWEC’s region-leading strategic plans to substantially increase…
TotalEnergies and Veolia have entered into a long-standing partnership by signing a memorandum of understanding (MoU) for cooperation in several key areas of energy transition and the circular economy. In line with their respective approaches to the company mentioned in a press release that they aim to reduce their greenhouse gas emissions and water footprint. This cooperation is estimated to benefit the entire industry through the scaling up of innovative processes and the advancement of research into future-oriented challenges.The two companies will pool their industrial competencies: Veolia will contribute its expertise in water resource management and the resource recovery of…