Saudi Electricity Company

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Saudi Electricity Company News

Green Saudi Company for Carbon Services to focus on emission reduction

Saudi Electricity Company (SEC) recently announced a partnership and cooperation agreement with Petroleum, Chemicals & Mining Company Limited, a subsidiary of Saudi Binladen Group, to establish the Green Saudi Company for Carbon Services. The company will aim to develop and manage carbon emissions reduction programs and fight against environmental pollution. Read More »

Saudi Arabia working on renewable energy projects for Vision 2030

As part of Saudi Arabia's bold new plan to modernize the kingdom, known as Vision 2030, the Saudi Electricity Company (SEC) is taking steps to identify sites for renewable energy projects within the country. Some cast the new focus on renewable energy as part of a plan to diversify the economy, while others see it as a move to improve the environment and combat global warming. Read More »

SEC, Microsoft use summer program to teach youth computer programming

A summer training program for young adults, sponsored by Saudi Electricity Company (SEC) and Microsoft, is teaching youth participants how to build websites and utilize the tools of cloud computing. There are 150 students in the program, which was organized by the employees of the sponsor companies. Employees were allowed to enroll their children and their children’s friends. Read More »

Saudi Electric Company completes air ambulance landing strip at power station

Saudi Electric Company (SEC) recently completed building the first airstrip for air ambulances at power plants in accordance with the joint cooperation agreement signed with the Saudi Red Crescent Authority.  The SEC and Saudi Red Crescent Authority have successfully conducted the first air ambulance landing test at the 12th power station in Dhurma governorate. Read More »

Saudi Electricity participates in Ramadan Iftar program

Saudi Electricity Company (SEC) is participating in a program that provides observers of Ramadan with fast-breaking meals. Sponsored by King Saud University's social responsibility club, the Ramadan Iftar program aims to prepare and distribute 150,000 meals throughout Riyadh in Saudi Arabia. More than 70 volunteers are expected to prepare and distribute around 5,000 meals a day. Read More »

Saudi Electric Company seeking developers for two solar photovoltaic power plants

Saudi Electricity Company (SEC) invites expressions of interest regarding potential development of two solar photovoltaic independent power plants, to be located in Al-Jouf and Rafha. SEC will select a developer or developer consortium to develop and operate the sites. The new power plants will support existing conventional power plants in their respective locations. Read More »

Saudi Electricity Company signs $900 million loan agreement to build power plant

Saudi Electricity Company (SEC) said a $900 million loan agreement with the Export-Import Bank of Korea (KEXIM) and other international banks will finance the construction of the new Shuqaiq power plant. The loan is guaranteed by KEXIM, but is funded by banks that include Deutsche Bank, Santander Bank and the Bank of Tokyo Mitsubishi UFJ for the life of the loan, 13.25 years. Read More »

Saudi Electricity orders six gas turbines to help meet peak demand

Saudi Electricity Company is once again enlisting the help of General Electric (GE) to meet the increasing demands for fast power in isolated areas of Saudi Arabia's grid. The Saudi Arabia-based electricity utility company has ordered six gas turbine packages for its existing power plants in Jizan and Tabouk. The turbines can serve as emergency generators if a power outage occurs. Read More »