Saudi Arabia signs $426.5mn bridge finance deal for desalination plants – Saudi Arabia Saudi Arabiaâs Minister of Environment, Water, and Agriculture, and the chairman of the General Authority for Salt Water Desalination, Eng Abdul Rahman bin Abdul Mohsen Al-Fadhli, has inked the kingdomâs first commercial âbridgeâ financing agreement with local banks worth $426.5m (SAR1.6bn) to improve the utilisation of assets and increase the efficiency of Phase 1 of the Jubail desalination plant and Stage 2 of the Al Khobar project. The agreement, which was made in coordination with the National Center for Debt Management, will see the two [âŠ] Saudi Arabia signs $426.5mn bridge finance deal for desalination plants – Saudi ArabiaHIWI042020-02-05T17:08:27+01:00
Solar Dome Desalination Plant for Saudi Arabia Coming Soon – Saudi Arabia Access to clean, potable water has always been a problem in countries like Saudi Arabia. The climate and surrounding desert make it nearly impossible to locate overland sources of freshwater. The Gulf of Arabiaâs seawater would provide a ready supply, but the desalination process would be both costly and consume large volumes of energy, making it untenable. British startup Solar Water believes it has a solution. By employing a dome that harnesses solar power to perform desalination, it thinks it [âŠ] Solar Dome Desalination Plant for Saudi Arabia Coming Soon – Saudi ArabiaHIWI042020-02-04T21:46:00+01:00
Saudi SWCC secures $430mln bridge financing from local banks – Saudi Arabia Saudi Arabiaâs Saline Water Conversion Corp (SWCC), which operates desalination plants and power stations in the kingdom, has signed a 1.6 billion riyals ($430 million) bridge financing agreement with local banks. The financing aims to improve the utilization of assets and increase the efficiency of desalination plants Jubail 1 and Khobar 2, double their daily production, and achieve savings on energy and operational costs of up to 1.25 billion riyals ($ 330 billion) annually, SWCC said. The financing was provided by Banque [âŠ] Saudi SWCC secures $430mln bridge financing from local banks – Saudi ArabiaHIWI042020-02-02T15:44:11+01:00
Saudis Plan âSolar Domeâ Desalination Plants at Neom Mega-City – Saudi Arabia Saudi Arabia plans to use a new solar technology to desalinate seawater at Neom, a mega-city that itâs developing along the countryâs northern Red Sea coast. Neom will have the worldâs first âsolar domeâ desalination plants, which it said will produce no carbon emissions and create less brine than facilities using conventional reverse osmosis technology, according to a statement. The solar dome plants will also process drinking water more cheaply than conventional plants, at 34 cents per cubic meter, Neom said. Saudis Plan âSolar Domeâ Desalination Plants at Neom Mega-City – Saudi ArabiaHIWI042020-01-29T23:19:51+01:00
Acwa Power, Sabic partner to boost local energy content – Saudi Arabia Acwa Power, a leader in power generation and water desalination projects, has signed with an agreement with Saudi Basic Industries Corporation (Sabic) for pursuing opportunities to enhance local content in Saudi Arabia. The memorandum of understanding (MoU) was signed by Thamer Al Sharhan, managing director at Acwa Power and Fuad Mosa, VP of Local Content & Business Development at Sabic. The partnership is in alignment with Acwa Powerâs commitment to play a leading role in developing and promoting local content and [âŠ] Acwa Power, Sabic partner to boost local energy content – Saudi ArabiaHIWI042020-01-03T08:50:13+01:00
Bahri signs SR760m deal for transport of desalinated water – Saudi Arabia Bahri, a Saudi provider of logistics and transportation, signed a 20-year agreement, valued at SR760 million ($202.6 million), with the Saline Water Conversion Corporation (SWCC), a Saudi government corporation responsible for the desalination of seawater, producing electric power, and supplying various regions in the Kingdom with desalinated water, to transport desalinated water from floating stations to desalination tanks. The agreement includes establishing three floating stations to desalinate water and for the transfer of desalinated water from the stations to desalination tanks. Each station [âŠ] Bahri signs SR760m deal for transport of desalinated water – Saudi ArabiaHIWI042019-12-30T15:13:59+01:00
Saudi Arabia Inks Deal to Set Up Floating Desalination Plants – Saudi Arabia A 20-year strategic agreement, valued at SAR760 million ($202 million) was signed on Sunday between the Saline Water Conversion Corporation (SWCC) and Bahri, a global leader in logistics and transportation. The SWCC is a Saudi Government Corporation responsible for the desalinating seawater, producing electric power and supplying various regions in the Kingdom with desalinated water to transport desalinated water from the floating stations to desalination tanks. The agreement includes establishing three floating stations to desalinate water and transfer the desalinated water [âŠ] Saudi Arabia Inks Deal to Set Up Floating Desalination Plants – Saudi ArabiaHIWI042019-12-26T17:44:49+01:00
Saudi Arabia Signs Deal to Establish Floating Desalination Plants – Saudi Arabia A 20-year strategic agreement, valued at SAR760 million ($202 million) was signed on Sunday between the Saline Water Conversion Corporation (SWCC) and Bahri, a global leader in logistics and transportation. The SWCC is a Saudi Government Corporation responsible for the desalinating seawater, producing electric power and supplying various regions in the Kingdom with desalinated water to transport desalinated water from the floating stations to desalination tanks. The agreement includes establishing three floating stations to desalinate water and transfer the desalinated [âŠ] Saudi Arabia Signs Deal to Establish Floating Desalination Plants – Saudi ArabiaHIWI042019-12-23T15:09:23+01:00
GE secures grid substation deal for Saudi desalination plant – Saudi Arabia GE Renewable Energyâs Grid Solutions business secured a contract by ACCIONA to supply designing, manufacturing, construction and commissioning solutions in Shuqaiq in Saudi Arabia, it said in a statement. The desalination plant, which will provide fresh water for over 1.8 million people, is expected to be completed in 2021. Through this deal, GE will provide a 380/132 kilovolt (kV) GIS substation, including power transformers, grid automation and telecommunication systems that will complete the electricity connection in the Shuqaiq area, providing power [âŠ] GE secures grid substation deal for Saudi desalination plant – Saudi ArabiaHIWI042019-12-22T16:57:25+01:00
Saudi Arabia’s Bahri signs $203mln deal with govt desalination firm – Saudi Arabia Saudi-listed logistics and transportation firm National Shipping Co. of Saudi Arabia (Bahri) has signed a 760 million Saudi riyals ($202.6 million) deal with Saline Water Conversion Corporation (SWCC), the Saudi government company responsible for the desalination of seawater. The deal entails an agreement to supply desalinated water from floating mobile stations to desalination tanks, Bahri said in a bourse statement. The agreement includes establishing three floating stations for water desalination and supplying desalinated water from stations to the desalination plant tanks by 50,000 cubic meters per [âŠ] Saudi Arabia’s Bahri signs $203mln deal with govt desalination firm – Saudi ArabiaHIWI042019-12-18T12:59:44+01:00