Construction & Real Estate

Saudi Energy signs Riyadh Expo 2030 power supply deal

Saudi Energy (formerly the Saudi Electricity Company) has announced the signing of an agreement to deliver electricity supplies to the Expo 2030 Riyadh site, thus marking a key step in the project's continued progress as it moves into the development phase toward hosting the gala World Expo event. ...

Construction & Real Estate

Saudi Energy secures $4bn Islamic credit facility to support operations

Saudi Energy has secured a shariah-compliant Murabaha financing facility with a total committed amount of SAR15.8 billion ($4 billion) from a consortium of seven leading Saudi banks to support its general corporate purposes. ...

Construction & Real Estate

Saudi Energy commissions world’s largest 2.5GW grid BESS storage project

Saudi Energy (formerly Saudi Electricity Company) said it has commissioned the world’s largest grid-side grid-forming Battery Energy Storage System (BESS) project with a total installed capacity of 2.5GW, utilising BYD’s advanced energy storage technology across five strategic locations in Saudi Arabia. ...

Construction & Real Estate

Danway secures contract for 110/13.8kV substation project in Madinah

Danway, a leading engineering firm in Saudi Arabia has signed a contract with National Grid, a key subsidiary of Saudi Energy, for the construction of a new 110/13.8kV substation in Madinah. The entire project work will be completed within a period of 23 months. ...

Construction & Real Estate

Saudi Energy, Kraken sign final agreements for Riyadh joint venture

Saudi Energy has signed final agreements to establish a strategic partnership with Kraken Technologies Limited, one of the world’s leading companies in AI-powered digital operating solutions for the utilities sector....

Construction & Real Estate

Nesma lands key Saudi substation project contract

Nesma Infrastructure & Technology has announced that it has secured a new contract from Saudi Energy for the construction of a 132/33 kV substation in the central region of Saudi Arabia. The scope of work includes engineering, procurement, construction and commissioning of the new substation. ...

Construction & Real Estate

Saudi Energy invites bids for Expo 2030 Riyadh substations project

Saudi Energy, a leading electricity producer in the kingdom, has invited bids for a key power infrastructure project as part of Expo 2030 Riyadh development. The scope of work includes setting up of three 132/13.8kV substations along with other work linked to its integration with the national electricity grid. ...

Construction & Real Estate

Saudi Energy launches bids for 380kV substations, OHTL projects

Saudi Energy (formerly Saudi Electricity Company) has invited bids from leading utility developers and energy project specialists for setting up 380kV substations and associated overhead transmission lines (OHTL) related to upcoming Renewable Energy Projects across Saudi Arabia. ...