News

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...
RIYADH, May 10 (Reuters) - Saudi Electricity Co <5110.SE> has raised 7 billion riyals ($1.87 billion) from a 7-year Islamic bond, or sukuk, at 95 basis points above Saudi Interbank Offered Rate ...
GE Vernova, Inc. (NYSE: GEV) and Saudi Electricity Company (SEC) have announced the successful completion of the first gas turbine outage entirely planned and executed by GE Vernova’s Saudi ...
Dublin, May 07, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Power Market Outlook to 2035, Update 2025 - Market Trends, Regulations, and Competitive Landscape" has been added to ResearchAndMarkets ...
RIYADH — The Saudi Electricity Regulatory Authority (SERA) has announced the full restoration of electricity service to all consumers affected by the outage that occurred at 16:01 on Saturday in the ...
The Saudi Electricity Company (SEC) and ACWA Power have announced the signing of a Power Purchase Agreement (PPA) for the Qurayyah Independent Power Plant (IPP) Expansion Project with the Saudi ...
Saudi Electricity Company (SEC) expects capital expenditure of between 30 and 35 billion Saudi riyals ($7.99- $9.32 billion) in 2023 to support its growing fleet, the company said in its 2022 ...
Dublin, Sept. 30, 2022 (GLOBE NEWSWIRE) -- The "Saudi Arabia Electric Vehicle Charging Infrastructure Market By Vehicle Type, By Type, By Charging Mode, By Installed Location, By Connector Type ...
As of Q2 2024, Saudi Electricity holds a 66 per cent market share and serves 11.2 million customers. In August, the company secured a $4 billion (Dh14.6 billion) revolving international credit ...