Saudi Red Sea Off-Grid Utilities Project Reaches Commercial Operation, Valued at $1.84 Billion

An off-grid renewable energy utilities project supplying Saudi Arabia’s Red Sea tourism development area has reached provisional commercial operation date (PCOD), it is reported. The project company, Marafiq Red Sea for Energy Company, was jointly established by ACWA Power, SPIC Huanghe Hydropower and Saudi Tabreed to lead development. The project combines solar power generation with […]

Energy Vault to Deploy 1.25GW of Off-Grid Power Infrastructure for Texas AI Data Center

Energy Vault Holdings, Inc. of the United States has announced a strategic agreement to deploy 1.25GW (gigawatts) of off-grid, integrated power infrastructure for a hyperscale artificial intelligence (AI) data center in Texas. The name of the hyperscaler (large-scale data center operator) placing the order was not disclosed, it is reported. Energy Vault is a US […]