The PIF issued $8.5 billion in green bonds in 2022 and 2023, becoming the first sovereign wealth fund to issue that class of bond. Of that figure, $5.2bn has been allocated to projects as of June ...

It is hoped Green Riyadh will generate more than $19 billion in economic returns by 2030. Newsweek has contacted the Royal Commission for Riyadh City by email regarding the progress of "Green Riyadh." ...

Saudi Arabia's NEOM Green Hydrogen Company (NGHC) has signed financial documents with 23 local, regional and international banks and investment firms on a green hydrogen production facility at a ...

The NGHC green hydrogen project in northwest Saudi Arabia will produce up to 600 tonnes per day of hydrogen by the end of 2026. Skip to content. Solar Media. Solar Power Portal; ...

Saudi Arabia this week marked its first Saudi Green Initiative Day, emphasizing the Kingdom’s efforts and dedication toward working for a greener future.

Saudi Arabia's Public Investment Fund plans to invest $10 billion in green hydrogen, despite industry-wide challenges and demand uncertainty.

The $8.4 billion green hydrogen production plant in the heart of Saudi Arabia’s NEOM will put the Kingdom on the global map for clean energy transition, the CEO told Al Arabiya English ...

Writes through. CAIRO, Dec 26 (Reuters) - Saudi Arabia's cabinet on Tuesday announced its approval of contracting regulations for firms that do not have regional headquarters in the Kingdom, Saudi ...

If all of these actions materialize, Saudi Arabia could become a hydrogen exporter between 2030 and 2035 and also maximize its green energy potential in the following five-year period.

Saudi Arabia's Public Investment Fund (PIF) has allocated $5.2 billion out of $8.5 billion raised through green bonds to projects as of June 2024, according to its Allocation and Impact Report ...

Saudi Arabia's Public Investment Fund (PIF) has allocated $5.2 billion out of $8.5 billion raised through green bonds to projects as of June 2024, according to its Allocation and Impact Report ...