KSA

ACWA Power set to expand power generation capacity with $35bn investment in next five years – Saudi Arabia

The Saudi Arabia-based power generation company, ACWA Power, has confirmed plans to increase its water desalination and power generation capacity and grow during the next five years with investments valued at approximately $35bn, according to Trade Arabia.

As the quickest growing power and water developer in the Middle East and Africa, the company is expected to enter newer territories as part of its new growth strategy.

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Plans revealed for new $600m Saudi desalination project – Saudi

Almar Water Solutions is awarded a contract to develop a desalination plant in the city of Shuqaiq, on the Red Sea coast of Saudi Arabia

Almar Water Solutions, part of Abdul Latif Jameel, has been awarded a contract to develop a desalination plant in the city of Shuqaiq, on the Red Sea coast of Saudi Arabia.

Over $600 million will be invested in the project, creating 700 jobs, the company said in a statement.

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Marubeni, Acciona win Saudi’s Shuqaiq 3 desalination project – Saudi

The Japanese and Spanish firms will work with local contractors on Shuqaiq 3 Independent Water Project

Marubeni has won a contract to construct, own, operate, and maintain a desalinisation plant in the Saudi Arabian town of Shuqaiq.

The Japanese conglomerate, alongside Spanish contractor Acciona; Abdul Latif Jameel Commercial Development Company (ALJ); and Rawafid Alhadarah, signed the long-term water purchase agreement with Saudi state-owned Water and Electricity Company (WEC) on 29 January.

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Acciona wins $572m Saudi desalination project deal – Saudi Arabia

Acciona, a leading supplier of sustainable infrastructure solutions and renewable energy projects, has secured a €500 million ($572 million) contract from Saudi government to finance, design and build the new Shuqaiq 3 desalination plant and operate and maintain it for 25 years.

The project was awarded by Water and Electricity Company (WEC), the state-owned company in charge of desalination and water treatment projects, to the Acciona consortium which comprises partners Marubeni Corporation, Abdul Latif Jameel-CDC and Rawafid Alhadarah Holding Company, said a statement from Acciona.

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Metito consortium wins big Saudi sewage plant contract – Saudi

A consortium led by UAE-based Metito Group, a leader in total intelligent water management solutions in emerging markets, has been awarded a contract by the Saudi government to set up the country’s first independent sewage treatment plant project (ISTP).

The consortium includes key partners Mowah, one of the largest private water desalination companies in Saudi Arabia and Orascom Construction, a leading global engineering and construction contractor in the region.

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Saudi ACWA Power plans to double water desalination and power generation capacity in 5 years – Saudi Arabia

ACWA Power, a global leader in water desalination and power generation, successfully wrapped up its presence at the 12th edition of the World Future Energy Summit (WFES), which took place on Jan. 14-17, 2019 as part of Abu Dhabi Sustainability Week (ADSW).

ACWA Power cemented its position as a leading sustainability enabler in the region through its participation as WFES and engaged with stakeholders in the industry to highlight its commitment to producing electricity and desalinated water efficiently, reliably, and safely at low cost.

ACWA Power continuously supports the vision and foresight of the United Arab Emirates in bringing together the principal actors from all over the world to create awareness, foster debate, and catalyze action that can help guide to the path of sustainable, secure and prosperous future.

(LINK).

Masdar eyes new renewable projects in Saudi Arabia – Saudi Arabia

Renewable energy company Masdar is scouting for new opportunities in Saudi Arabia as the kingdom focuses on the development of renewables over the next ten years.

Speaking to Gulf News in an interview on the sidelines of World Future Energy Summit in Abu Dhabi, Masdar CEO Mohammad Al Ramahi said Saudi Arabia is an important regional market.

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Saudi Picks Eight Global Engineering Firms For Major Desal Projects – Saudi

Saudi Arabia’s Water & Electricity Company (WEC) has prequalified eight major international engineering groups as supervision consultants for the upcoming desalination projects in the kingdom.

The Saudi utility pointed out that all the eight companies will be authorised to receive RFP (request for proposals) for supervision consultancy of desalination projects being developed in the kingdom.

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UN says Gulf’s thirst for water causing toxic brine problem

Saudi Arabia isn’t just the world’s top crude oil exporter. It’s also the biggest producer of a toxic effluent that’s the byproduct of slaking the desert kingdom’s thirst for water.

United Nations scientists warned Tuesday that desalination in Saudi Arabia and other countries is creating huge volumes of chemical-laced brine that risks contaminating food chains if left untreated.

The problem is most acute in the Middle East and North Africa, which account for two-thirds of the world’s water contaminated by energy-intensive desalination plants.

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Saudi Arabia: 18 Projects Worth $3.2 Bn to Enhance Quality of Drinking Water – Saudi Arabia

Saudi Minister of Environment, Water and Agriculture, Abdul Rahman al-Fadhli, launched a plan to implement 18 water projects of $3.2 billion cost over the next ten years to enhance the quality of drinking water all over Saudi Arabia.

Speaking at the headquarters of the Chamber of Commerce in the Eastern region, Fadhli said that Water and Electricity Company (WEC) will change its name soon to the “Water Projects” pointing out that the new company will purchase water and will be tasked with water services, treatment, transport and storage to serve the private sector and investment seekers.

(LINK).

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