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Royal Decree set to regulate water and sanitation sector in Oman | Times of Oman

The Official Gazette published details of Royal Decree No. 40/2023 ....

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Gulf region making giant strides in renewable energy race

The oil-rich Gulf has become a key player in the growing renewable energy market. This will undoubtedly have a significant positive impact for the future of the region. While the Gulf is known for its abundance of oil, it is also richly endowed with renewable resources, such as wind and sun. For example, located in the center of the so-called sun belt, Saudi Arabia has great ....

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ACWA Power, PIF unit jointly invest $3.25bn in three solar projects

The new solar projects, which will be jointly owned with ACWA and PIF’s Badeel, will have a combined production capacity of 4.55 GWac ....

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PIF, ACWA Power sign $3.2bln Saudi solar projects deal

The new projects, which will be jointly owned by Badeel and Acwa Power, aims to produce a combined capacity of 4.55GWac of renewable energy ....

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Saudi Arabia to Develop 3 Solar Energy Projects Worth $3.25 Bln

Saudi Arabia’s Water and Electricity Holding Company (Badeel), which is a utility subsidiary of the sovereign wealth fund PIF (Public Investment Fund), along with leading utility project developer Acwa Power have signed power purchase agreements (PPAs) for three major solar PV projects in the kingdom. The solar projects are part of the National Renewable Energy Program (NREP) which is led and supervised by the Ministry of Energy, with PIF mandated to develop 70% of NREP’s target capacity by 2030. ....

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