The value of the contract Siemens Energy won is $1.6bn. Siemens Energy will supply six SGT6-9000HL gas turbines, four ...

A consortium consisting of France's TotalEnergies SE and Saudi Arabia's Aljomaih Energy and Water Company (AEW) has signed a 25-year electricity purchase agreement with Saudi Power Procurement Company ...

(Reuters) - Global ratings agency S&P raised Saudi Arabia's rating to 'A+' from 'A' with a stable outlook on Friday, ...

Aside from Saudi-based companies, other bidders in the list were from countries such as China, South Korea, and Japan. SPPC said 21 firms applied to provide managing and technical services, whilst ...

Saudi Power Procurement Company (SPPC) has issued the Request for Proposals (RFP ... These projects, which are spread across Saudi Arabia, boast a combined capacity of 2,000 MW/8000 MWh. Of these, two ...

The head of Saudi Arabia’s $320 billion pension fund manager is stepping down later this year after 12 years in the role, according to an internal memo seen by Bloomberg. Saad Alfadly decided to ...

Saudi Arabia’s Renewable Energy Project Development ... will sell power under a 25 year PPA to the Saudi Power Procurement Company (SPPC). ACWA submitted the second lowest bid, an LCOE of ...

in Saudi Arabia. The consortium signed a 25-year power purchase agreement (PPA) with the Saudi Power Procurement Company (SPPC) during the 2024 visit of French President Emmanuel Macron to the ...

The three companies behind the 1.1 GW Al Henakiyah Solar Project in western Saudi Arabia – Masdar ... a 25-year PPA with government-managed SPPC to develop the $1 billion Al Henakiyah Solar ...