SUSTG.com / Research

Discover stories, topics, and more about Saudi Arebia faster.

Recent stories from sustg

MUST-READS

  • UAE to build 300 MW power projects in Iran’s Khuzestan

    Under an MoU signed between Managing Director of Khuzestan Regional Electric Co. Mahmoud Dasht-Bozorg and AJ Holding CEO Allan Jespersen, the Dubai-based company has undertaken to build gas-fired thermal, solar and wind power plants in the hydrocarbon-rich province. "The memorandum states that the maximum capacity of the power plants to be built at any point should not exceed 25 MW," Bargh News, a news outlet dedicated to Iran's electric power industry, reported.

  • ACWA Power signs MoU with Natixis to finance up to $2 bln of projects

    ACWA Power, which is partly owned by Saudi Arabia's sovereign Public Investment Fund, has signed a memorandum of understanding with Natixis Corporate & Investment Banking, ACWA said on Monday.

  • OPEC was waning. Soon it may be more powerful than ever

    "The only producers that have put in the investment that's needed [to sustain long-term production] are Saudi Aramco and Adnoc," said Ellen Wald, author of the book "Saudi, Inc.," referring to state oil firms in Saudi Arabia and the United Arab Emirates. "That shifts the balance over to OPEC."

  • Rising sun: renewables to dominate new power capacity through 2026 -IEA

    “This year’s record renewable electricity additions of 290 gigawatts are yet another sign that a new global energy economy is emerging,” said IEA Executive Director Fatih Birol. “The high commodity and energy prices we are seeing today pose new challenges for the renewable industry, but elevated fossil fuel prices also make renewables even more competitive.”

  • SEC’s power procurement unit taken over by Saudi government

    However, the Saudi Power Procurement Company remains responsible for the renewable and conventional energy projects. The Procurement company is in charge of business agreements for the procurement and sale of power and procuring fuel.

  • UAE, Saudi Arabia and Bahrain fast becoming a powerhouse in the advance of racing

    Led by Dubai, which stages some of the best racing on the planet - including the fabled World Cup Carnival - other countries are making a big impact in helping to position the region at the forefront of the sport globally, with some of the finest courses and richest races.

  • Iranian MPs vote to give spy agencies power to veto government appointments

    If implemented, all government appointees—except those named by the supreme leader, the judiciary, or others whose appointments have been specified in the constitution—must now be confirmed by judiciary, intelligence ministry and Islamic Revolutionary Guard Corps (IRGC) Intelligence Organization officials.

  • The University of Texas at Austin Texas Global Empowering Saudi Women Through Entrepreneurship

    The University of Texas at Austin’s Global Innovation Lab (GIL) is hosting the Empowering Saudi Women Through Entrepreneurship program in partnership with the KAUST with funding awarded by the U.S. Consulate General Jeddah.

  • Mapped: Solar Power by Country in 2021

    Despite a 4.5% fall in global energy demand in 2020, renewable energy technologies showed promising progress. While the growth in renewables was strong across the board, solar power led from the front with 127 gigawatts installed in 2020, its largest-ever annual capacity expansion.

  • World powers to push Libya election in Paris meeting

    World powers will push for sanctions against anyone who disrupts Libya's electoral process and political transition, according to draft conclusions of a conference they are holding later on Friday in Paris. The meeting, which will include the leaders of France, Libya, Germany and Egypt, as well as the U.S. vice president, is aimed at cementing world backing for the planned vote on Dec. 24 and efforts to remove foreign forces.