
Author: baset_asaba
Samsung C&T is already involved in the UAE’s submarine HVDC project, valued at $2.4 billion, where it is responsible for supplying and installing power converter stations.
GIGATONS is a groundbreaking global technology and funding platform designed to accelerate the global transition to net zero.
The project is the first in the Middle East and North Africa to harness solar energy for the production of green hydrogen.
The move is part of EDF’s broader commitment to advancing energy storage solutions and supporting the UAE’s clean energy transition.
Under the agreement, Aramco will hold a 60% stake in the project, with Linde and SLB each securing 20%.
Khalid Aljamed, Vice President of Nozomi Networks in Saudi Arabia, outlines the company’s strategy to enhance cybersecurity across the region by addressing the increasing vulnerabilities in Operational Technology (OT) and Internet of Things (IoT) systems.
The project, commissioned by Dubai Electricity and Water Authority (DEWA), covers the Maktoumi and Sukkari substations, including their associated infrastructure.
DEWA provides more than 400 ‘Green Chargers’ across Dubai, with over 730 charging points, as most charging stations can charge two vehicles simultaneously.
The projects are to be executed on a build, own, and operate (BOO) basis, supporting the Sultanate’s interconnected power grid.
The projects are part of Saudi Arabia’s National Renewable Energy Program (NREP), which aims to achieve an optimal energy mix of 50% gas and 50% renewables by 2030 in line with the Kingdom’s Vision 2030.
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