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The GCC at 40: Strength in unity, but challenges remain

From 1968, when the British government declared its intention to withdraw from the Arabian Gulf by 1971, there was growing interest in the concept of Gulf unity. It bore fruit 40 years ago this month, with the establishment of the Gulf Cooperation Council. The GCC is a regional political, economic, military and security organization that consists of six Arab countries that ....

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أخبار الخليج | وزارة الصناعة والتجارة والسياحة توقع على اتفاقية تأجير مساحة إضافية مع شركة حديد البحرين بمدينة سلمان الصناعية بالحد لغرض أعمال توسعة عمليات الشركة في مملكة البحرين
akhbar-alkhaleej.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from akhbar-alkhaleej.com Daily Mail and Mail on Sunday newspapers.

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Saudi Arabia locks in world record low prices for solar power


Saudi Arabia locks in world record low prices for solar power
The Middle East nation of Saudi Arabia has set a new global record-low price for large-scale solar, with recent power purchase agreements for a new project selling for just over $US10 per megawatt-hour ($A13/MWh).
The PPAs are linked to the nation’s first renewables project, the 300MW Sakaka power plant in Al-Jouf. It is just one of many in the pipeline, though, with seven renewable energy projects receiving the green light to go ahead.
These new initiatives will be based at Al Madinah, Sudair, Qurayyat, Shuaibah, Jeddah, Rabigh, Rafha and a wind project at Doumat Al Jandal, which will take the nation’s renewable generation capacity to over 4 GW. ....

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Saudi solar plant locks in new record low price for power: 1.04c/kWh


13 April 2021
Saudi Arabia looks to have notched up a new record-low price for large-scale solar power, with one of seven projects recently signed up to power purchase agreements contracted to sell electricity for just over $US10 per megawatt-hour ($A13/MWh).
According to local press, Saudi Arabia’s energy minister Prince Abdulaziz Bin Salman announced the new record on Thursday last week at the inauguration of the 300MW Sakaka solar power plant in Al-Jouf, the kingdom’s first renewables project.
At the plant’s launch, Prince Abdulaziz announced that PPAs for seven other renewable projects across a range of regions had also been signed between the Saudi Power Procurement Company and five investment consortiums made up of 12 unnamed Saudi and international companies. ....

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