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Kingdom’s Sights Remain on Renewables as Energy Ministry Allocates Land Plots for Solar
- August 20,2021
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- SUSTG Team
Saudi Arabia’s Ministry of Energy is building two renewable energy plants on land plots with a total area of 12 million square meters (4.6 square miles) to generate 600mw of energy, according to Zawya via the Saudi Press Agency. The two announced plans fit into the Kingdom’s ongoing solar and renewable power ambitions. Saudi Arabia […]
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Saudi Aramco Joins ACWA Power, Others in $1 billion Sudair Solar Power Plant Development
- August 16,2021
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- SUSTG Team
A consortium that is developing Saudi Arabia’s largest solar project has reached financial close for the nearly $1 billion plant, and has secured the backing of state oil producer Saudi Aramco, according to Bloomberg. According to the report, Aramco, through a unit called The Saudi Aramco Power Company (SAPCO, will hold a 30% stake in the […]
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Saudi Arabia’s Rock Art Complex Hima Gets Sought-After UNESCO World Heritage list Designation
- July 27,2021
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- SUSTG Team
Hima, one of the largest rock art complexes in the world located in Saudi Arabia, has landed on UNESCO’s World Heritage list, the sixth such location in the Kingdom to receive the sought-after designation, according to reports. Entered into UNESCO’s listings as the Ḥimā Cultural Area, the incredible rock art is located in an arid, mountainous area of […]
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Saudi Arabia Suspends Privatization of the $2 Billion Ras Al Khair Desalination and Power Plant – Reports
- July 26,2021
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- SUSTG Team
Saudi Arabia has suspended the privatization plans for the Ras Al Khair desalination and power plant, valued at an estimated $2 billion, according to reports.
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Flurry of New Deals Builds on Early 2021 Momentum for Saudi Venture Capital
- June 7,2021
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- SUSTG Team
Saudi Arabia’s venture capital scene continues to grow at an impressive clip as new deals and investments into Saudi companies – or by Saudi venture firms – builds on early growth so far in 2021.
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Saudi Arabia Eyes $55 billion by 2025 Through Privatization Program, Al Jadaan Says
- May 25,2021
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- SUSTG Team
Saudi Arabia hopes to raise about $55 billion over the next four years with a revitalized privatization program, the country’s finance minister Mohammed Al-Jadaan told the London-based Financial Times in an interview published over the weekend.
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Could Saudi Arabia’s Recycling Sector Be Worth More than $18bn?
- April 1,2021
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- SUSTG Team
The CEO of Saudi Arabia’s biggest waste company, Saudi Investment Recycling Company (SIRC), said that the Kingdom’s recycling market size could reach $18 billion as the sector remains underdeveloped, according to a report Arab News.
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‘Red Sea Rainforests’: Astronaut Captures Striking View of Saudi Arabia’s Northwest Coastline from Space Station
- March 30,2021
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- SUSTG Team
An astronaut captured a striking view of the northwest coastline of Saudi Arabia, showing the extent of a coral reef where Saudi Arabia hopes to boost sustainable tourism and where up to 260 reef species thrive, according to a post the NASA Earth Observatory blog.
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Japanese Firm Eyes Saudi Arabia as Next Mega-Solar Project Destination – Report
- March 23,2021
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- SUSTG Team
Japanese trading house Marubeni is looking to open a megasolar plant in Saudi Arabia by June 2023, the company’s first solar project in the country and fourth in the Middle East, the Japanese news website Nikkei reports. Marubeni has formed a joint venture with Saudi utility Al Jomaih Energy and Water for the plant, which is […]
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Report: U.S. Exploring New Bases, Access in Saudi Arabia to Counter Iran Threat
- January 26,2021
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- SUSTG Team
The U.S. military is “exploring the possibility of using a Red Sea port in Saudi Arabia and an additional two airfields in the kingdom” amid heightened tensions with Iran, the military said Tuesday, part of a preliminary agreement reached between the U.S. and Riyadh, according to several reports.
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MUST-READS
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In Arizona, fresh scrutiny of Saudi-owned farm’s water use
Amid a broader investigation by the state attorney general, Arizona last week rescinded a pair of permits that would have allowed Fondomonte Arizona, a subsidiary of Almarai Co., to drill more than 1,000 feet (305 meters) into the water table to pump up to 3,000 gallons (11 kiloliters) of water per minute to irrigate its forage crops.
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Alkhorayef Water is awarded $432 million O&M contracts in Saudi Arabia
Saudi Arabia’s National Water Company (NWC) has awarded Alkhorayef Water and Power Technologies long-term operations and maintenance (O&M) contracts for three sewage treatment plants in Riyadh, reports ZAWYA. In a statement to the Saudi stock exchange, Alkhorayef Water said the 15-year contracts are worth 1.62 billion Saudi riyals ($431.84 million).
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Arizona AG Kris Mayes revokes water permits for Saudi-owned farm
Arizona Attorney General Kris Mayes announced that drill permits for a Saudi Arabia-owned alfalfa farm in La Paz County have been revoked. Two deep-water wells were approved for Fondomonte Arizona LLC eight months ago, which Mayes called “unconscionable” given the state’s need to preserve water.
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Where is Tap Water Safe (and Unsafe) to Drink?
According to CDC advice, only 50 countries offer drinkable tap water, most of which are in Europe. In comparison, only three North American countries (the United States, Canada, and Costa Rica) and one South American nation (Chile) have drinkable tap water. Every African country and most countries in parts of Asia and Oceania (including China and the Philippines) lack safe water.
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Saudi Arabia signs deal for construction of Rabigh 4 independent water plant project
Saudi Water Partnership Company (SWPC) has confirmed in a statement that a consortium comprising ACWA Power, Haji Abdullah Alireza & Partners Company and Almoayyed Contracting Group has won the contract to develop the Rabigh 4 Independent Water Plant, with potable water production capacity of 600,000 m3/d of desalinated water.
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Saudi Arabia launches 23 water PPP projects
Saudi Arabia’s National Center for Privatization & PPP (NCP), in cooperation with the targeted sectors for privatization in Saudi Arabia, announced last week the launch of the Privatization & PPP (P&PPP) pipeline consisting of 200 approved projects in 17 sectors.
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Tunisia’s Water Crisis Fuels Frustration
Tunisia is known across the Middle East and North Africa as “Tunis al Khadraa” -- Arabic for “Tunisia the green.” But most Tunisians likely fear these credentials are in jeopardy. In 2022, 85% of Tunisians were dissatisfied with efforts to preserve the environment in their country -- tying them with Lebanese adults as the most dissatisfied in the world.
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Saudi Arabia to develop key water projects worth $80bn
Saudi Arabia has allocated $80 billion for water projects in the coming years, the kingdom’s Deputy Minister for Water at the Ministry of Environment, Water and Agriculture, Dr. Abdulaziz Al-Shaibani said at the UN 2023 Water Conference held in New York on March 22 to 24, according to the Saudi Press Agency (SPA).
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Saudi Arabia sets out its water strategy during landmark, high-level UN conference
Organizers hope the conference will prove to be a watershed moment in efforts to mobilize the UN system, member states and other stakeholders to take action, amid increasingly urgent warnings that international progress on water-related goals remains “alarmingly” off target, jeopardizing the entire sustainable development agenda.
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Kuwait reveals electricity, water bills to increase by 50%: Report
Kuwait’s electricity and water ministry will increase electricity and water tariffs by 50 percent this year, according to an executive study, sources told Kuwait Times.
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