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Saudi Arabia’s PIF, SEC set up EV infrastructure company. The wealth fund will hold a 75 per cent shareholding in the company, while the SEC will own the remaining 25 per cent stake .
BYD Energy Storage has officially signed contracts with Saudi Electricity Company (SEC) to deliver 12.5 GWh in five BESS projects, marking the world’s largest grid-scale storage deployment to date.
Saudi Electricity Company (SEC) has invited bids from leading utility developer/developer consortium for the setting up of 380kV substations as well as overhead transmission lines in major areas ...
SEC is working to reduce carbon emissions and enable a targeted energy mix in Saudi Arabia to generate 50% of electricity from renewable energy sources and 50% from natural gas by 2030. In April 2023, ...
Saudi Electricity Company, Acwa Power and Korea Electric Power Corporation (Kepco) have signed a SAR15 billion ($4 billion) power purchase deal with Saudi Power Procurement Company (SPPC) for two ...
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