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Alfanar signs SAR 20 billion contracts with SEC for energy projects

Alfanar Projects has entered into agreements exceeding SAR 20 billion with the Saudi Electricity Company (SEC) to advance Saudi Arabia’s energy sector.  Formalized during the Energy Localization Forum by the Ministry of Energy, these contracts underscore the nation’s commitment to sustainable energy infrastructure and self-reliance. A key initiative involves developing the Middle East and North Africa’s largest high-voltage direct current (HVDC) converter station in partnership with China Electric Power Equipment and Technology Company.  This project…

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Alcazar Energy signs MoU for 2 GW onshore wind farm in Egypt

Alcazar Energy Partners has signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA) to develop a 2 GW onshore wind farm in Egypt. The project aligns with Egypt’s Vision 2030, focusing on renewable energy and environmental sustainability. The wind farm is expected to generate clean electricity for more than 1.3 million households while preventing the release of up to 4.7 million tonnes of…

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Hithium Energy and MANAT to establish BESS manufacturing facility in Saudi Arabia

Hithium Energy Storage Technology has partnered with Nabilah AlTunisi’s company, MANAT, to launch a joint venture named Hithium MANAT. The venture will establish a battery energy storage systems (BESS) manufacturing facility with a 5 gigawatt-hour (GWh) annual production capacity in Saudi Arabia.  This marks one of the first advanced BESS manufacturing plants in the Kingdom and the wider MENA region, supporting Saudi Arabia’s Vision 2030. The partnership was announced at the Solar & Storage Live…