The projects align with the country's Vision 2030 initiative, which aims for a 50% renewable energy mix by the end of the ...

China-based BYD Energy Storage has signed a contract with Saudi Electricity Company (SEC) for the world’s largest grid-scale ...

Following a report in January, BYD has now officially secured the 12.5 GWh battery energy storage system (BESS) supply deal.

Hyundai E&C announced on the 17th that it has secured two contracts for the construction of transmission lines in Saudi ...

Allspring Global Investments Holdings LLC cut its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) by 8.9% during the fourth quarter, according to its most recent Form 13F filing ...

Saudi Arabia had inked contracts worth SAR6.5 billion ($1.7 billion) in January and now plans to award more than 25 new ...

Hyundai Engineering Construction Co. secured orders worth $389 million (approximately SAR 1.46 billion) to build power ...

Recently, BYD Energy Storage and Saudi Electricity Company successfully signed the world's largest grid-scale energy storage projects contracts with a capacity of 12.5GWh at the time. Combined with ...

Geopolitical tensions continue to support gold prices despite talks between the US and Russia, and a potential phase two deal between Israel and Hamas. Click to read.

This agreement aligns with both parties’ efforts to enhance sustainable transportation infrastructure in the Kingdom, in line ...

Secretary of State Marco Rubio arrives in Saudi Arabia to meet with Russian officials as they try to reach a deal to end the fighting with Ukraine. President Donald Trump says he’ll be joining the ...

BYD has signed what it claims is the world’s largest grid-scale energy storage projects with Saudi Electricity Company. The contracts include projects that will have a total capacity of 12.5GWh, ...